Andromeda Interfaces

Andromeda Interfaces

Intelligent Display Instrumentation

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Security Type
Non-Voting Equity
Categories
Other
Min Investment
$285
Location
San Diego, CA
Offering Date
January 10, 2019
Expected Close Date
April 10, 2019
Target Raise
$10.00K-$107.00K
Deal Notes

Purchase Price of Security Offered: $1.50

Valuation
$4,200,000

Company Description

By taking advantage of Human Machine Interfaces (HMIs), Andromeda has set out to improve driver and operator awareness, increase productivity, and reduce accidents. Over the last four years, we developed and tested several generations of prototypes, founded our company and launched our first HMI product in 2015. Our customers are electric vehicle and equipment manufacturers who NEED to replace their antiquated analog gauges in order to offer safer driving technology to their customers.

Use of Proceeds

Intermediary Fee: 6%

R&D: 47% - 25%

Marketing: 47% - 27%

Working Capital: 0% - 30%

Management Team / Advisory Board Bios

Brian Gallagher - Co-Founder, CEO and Director
Brian co-founded the Company and as CEO leads the Company’s product development and strategic planning. He has been operating full-time at Andromeda since 2014 working in engineering and business development roles. His discovery and sometimes obsession for HMI technology began while at a successful Bio-tech start-up, Illumina, in San Diego. Brian’s HMI craving eventually led him to the automotive industry where he has launched $35M+ HMI and telematics product development programs for Toyota Motors and Kia North America. He covertly enjoys running and recently recorded 3100+ miles with Nike Run Club. B.S. Electronics Engineering.

Kevin Coelho - Co-Founder and COO
Kevin co-founded the Company and has been operating full-time since 2015 to present. He has been actively involved with engineering, manufacturing and operations at Andromeda. Kevin has 12+ years of mechanical design, analysis, manufacturing and testing of components and systems in the consumer electronics, biomedical, automotive and aerospace industries. He has designed military and space grade parts with a failure rate of less than 2%. B.S. in Mechanical Engineering, University of Colorado Boulder.

Deal Notes

Purchase Price of Security Offered: $1.50

Amount Raised : $8,724
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Security Description

Non-voting stock is stock that provides the shareholder very little or no vote on corporate matters.

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