Automatic Disposable Glove Dispenser

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Security Type
Common Stock
Retail, Technology
Min Investment
Houston, TX
Offering Date
September 24, 2021
Expected Close Date
March 23, 2022
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Company Description

iNitrile is the creator of an innovative glove dispensing machine that eliminates the risk of viral contamination, streamlines processes, and minimizes product waste. Scan your RFID badge, disinfect your hand, insert it in the machine and you are good to go! It is that simple. We thrive to overcome challenges by inventing revolutionary technologies. Our approach is focused on safety, automation, and inventory optimization while improving the user experience accessing and utilizing disposable gloves.

Key Deal Facts

The global personal protective equipment market is expected to reach $123.38 billion by 2027 registering a CAGR of 9.6%.
The sky-high freight prices, strict FDA inspection guidelines for PPE cargo, and other political sanctions have caused a huge shortage of PPE products, especially gloves. The need for domestic production of PPE is more urgent than ever.
iNitrile glove dispenser technology will allow the company to secure a large market share versus other factory plants that can only offer the production of nitrile gloves.

Management Team / Advisory Board Bios

Dimitri Menin, Co-Founder, President, and Director
Menin has 12 years of experience in multimillion-dollar businesses, including the food and retail industries.

Jad Shraim, Co-Founder, CFO, and Director
Jad Shraim is the Co-Founder and Chief Financial Officer of Texas Medical Manufacturing, LLC and iNitrile, Inc.

Omri Shafran, CEO and Director
Shafran is a Harvard graduate and ex-Navy SEAL. He has extensive experience in managing multimillion-dollar companies.
Amount Raised : $10,130
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Security Description

Common stock is a security that represents ownership in a corporation.

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