Sponge holder with patented cleaning technology that sanitizes kitchen spongesA New Category in Consumer GoodsSpongeBath is a patented and patent-pending product that solves the “dirty sponge” problem. SpongeBath aims to be a staple on every kitchen countertop with its mission to make homes and businesses cleaner and safer.The Dirty Kitchen Sponge Problem Sponges are the dirtiest item in the home – as much as 200,000 times dirtier than a toilet seat. They harbor bacteria and provide an environment for germs to grow rapidly. The notorious smelly sponge is loaded with dangerous bacteria. Sponges spread germs and cross-contaminate surfaces, contributing to food-borne illnesses.The SpongeBath SolutionSpongeBath is an effective, sleek, and convenient solution to the “dirty smelly sponge” proble... [Read More]
A Crowd Note modifies the typical convertible note so that the crowd does not automatically convert to equity shareholders.
January 21, 2019
April 21, 2019
Marketing & Advertising: 30% - 35%
Regulatory & IP: 15%
Professional & Employee: 20%
General & Administrative: 10% - 5%
Matthew Flannery - Founder & CEO
Matthew invented, patented, and developed SpongeBath along with his co-founder Tod Maitland. Prior to founding SpongeBath LLC, Matthew was a professional cameraman and still photographer for over 18 years, with over 55 film and television credits, commercials, music videos, including Emmy nominated shows Sex and the City (entire HBO series and both films) and Showtime’s The Big C, Rounders, Boiler Room, 16 Blocks. He is also the creator of "Moving Portraits," an iPhone app, and the Founder of Visseon Inc., a film equipment rental company. Matthew has a life-long passion for science, technology and design and for creating elegant solutions to solve everyday problems. Matthew has a Bachelors of Fine Arts in Film and Photography from Syracuse University.
Tod Maitland - Founder
A three-time Academy Award-nominated sound mixer who has worked on more than 90 films, including Seabiscuit, I Am Legend, JFK and Tootsie. He also founded New Deal Inc. sound company and co-founded SpongeBath LLC with Matthew Flannery, inventing, patenting and developing SpongeBath. Tod co-founded The Hollywood Edge, one of the world’s largest sound library company with an e-commerce platform.
Conversion Discount: 20%
Interest Rate: 6%
Note Term: 24 months
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