Sst-technologies Llc

Sst-technologies Llc

Changing refrigeration around the world

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Security Type
SAFE
Min Investment
$250
Location
Albuquerque, NM
Offering Date
June 25, 2018
Expected Close Date
February 14, 2019
Target Raise
$50.00K
Deal Notes

Future Equity (Wefunder SAFE)

$2.5Mvaluation cap

First $50K investors of this fundraise will invest in a SAFE with a $2.5M valuation cap and 30% discount.

$25K+pro rata right threshold

A SAFE gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $2.5M in the future.

Company Description

In our world, there are many remote locations that don't have access to refrigeration and freezing capabilities. At SST-Technologies, we understand that having access to refrigeration is a luxury. We want to see that change by 2022. We want to make our products available to people that are in need, living in third world areas, or experiencing natural disasters. With the Anywhere-Fridge your food and medication won't go bad in the case of natural disasters, or more.

Perks

$250+
Receives a $300 voucher towards an AnywhereFridge unit or any other current and/or future products

$500+
Receives a $600 voucher towards an AnywhereFridge unit or any other current and/or future products

$1,000+
Collapsible AnywhereFridge

$2,500+
Collapsible AnywhereFridge, AnywhereFridge Water Bottle and Back Pack. Free Shipping

$5,000+
Dinner with founder in Scottsdale Arizona (flight and stay not included) + all $2500 level perks

$10,000+
Quarterly investor update calls + all $5000 level perks

$25,000+
Join us on a factory tour in China (flight and stay not included) + all $10,000 level perks

$50,000+
Join us on a factory tour in China (flight and stay included) + all $10,000 level perks

Key Deal Facts

Full Design Patent in the US, Pending Utility Patent in the US & Pending both Utility & Design Patents International. Registered Trademarks
Successfully designed & engineered a working prototype & established connections for overseas manufacturing partners for tooling/sourcing
Produced a marketing commercial/video and did multiple interviews on TV with my Prototype on my cool inventions KRQE 13 news etc
Successfully raised over $160,000 via crowdfunding

Use of Proceeds

If we raise: $50,000

UL safety certification -- $5,000

Beta testing of product -- $5,000

App development -- $7,500

Down payment (total cost $200,000) to begin final mass production prototype -- $30,000

Wefunder intermediary fee -- $2,500

 

If we raise: $107,000

UL safety certification -- $5,000

Beta testing of product -- $5,000

App development -- $7,150

Down payment (total cost $200,000) to begin final mass production prototype, and beginning of production -- $65,500

Wefunder intermediary fee -- $5,350

Legal fees to include patent continuation -- $19,000

Management Team / Advisory Board Bios

Spencer Trotter - CEO/Founder
I have dedicated my life to the AnywhereFridge and providing something to the world that can save lives, store medication/food and is completely portable.

Dale Almeida - Marketing/Sales
Registered Nurse, Crisis Intervention. Accounts Receivable. Missionary & Army community Service Mgr.

Kershaw Washington - Product & Growth
Grad US Army Sgt Major Academy. Retired Master Sgt US Army 24 yrs. Trax International Radar 17 yrs

Gregg Fetter - Logistics Support
Flight Attendant since 1984. Bachelor's Degree from Baylor University.

Deal Notes

Future Equity (Wefunder SAFE)

$2.5Mvaluation cap

First $50K investors of this fundraise will invest in a SAFE with a $2.5M valuation cap and 30% discount.

$25K+pro rata right threshold

A SAFE gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $2.5M in the future.

Amount Raised : $11,841
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Security Description

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