SleepChoices

SleepChoices

Focused on quality sleep, not hype

Print
Follow
Security Type
SAFE
Categories
Other
Min Investment
$100
Location
Coral Springs, FL
Offering Date
March 01, 2019
Expected Close Date
June 06, 2019
Target Raise
$25.00K-$1.07M
Deal Notes

Discount: 10%

Company Description

Focused on quality sleep, not hype

Perks

$500 - Public "Thank You" on our social channels
$1,000 - Public "Thank You" on our social channels, 2 free Therm-A-Sleep Snow Pillows for you or donated to the charity of your choosing
$2,500 - All of the above bonus perks, 30% off purchase of any mattress size
$5,000 - Public "Thank You" on social channels, 2 Therm-A-Sleep Snow pillows and a Snuz Mattress of your choice (any size) for you or donated to the charity of your choosing
$15,000 - Public "Thank you" on social channels, 2 Therm-A-Sleep snow pillows, a Snuz Mattress of your choice (any size) plus a bed frame, box spring, and mattress protector (any size) for you or donated to the charity of your choosing
$35,000 - Public "Thank You" on social channels, 2 Therm-A-Sleep Snow pillows, a Snuz Mattress of your choice (any size), a bed frame, box spring, and mattress protector (any size) for you or donated to the charity of your choosing, Dinner with the SleepChoices Executive Team (flight, hotel, and dinner for the investor only included)

Key Deal Facts

Advancing mattress technology to promote and support a deeper, more restful and restorative sleeping experience
Snuz mattresses are great for millennials but our target market is the Baby Boomer and Generation X consumers, who have been neglected by other “Mattress-in-a-Box” brands
Well-positioned in the fast growing $1.7B direct-to-consumer segment of the $16.4B mattress market
$2M in seed funding from a major global manufacturer; $250K+ in sales to date
95% customer satisfaction rate  
Established sales channels through Amazon and Bed, Bath, and Beyond
CEO has 30+ years of experience in the mattress industry

Use of Proceeds

Intermediary Fee: 6%

Campaign Marketing Expenses: 1%

General Marketing: 71%

General Working Capital: 22%

Management Team / Advisory Board Bios

Philip Shen - Founder/CEO
Larry DeVille - Operations & Administration
Tony Fazinni - Director of Marketing

Deal Notes

Discount: 10%

Amount Raised : $36,110
Reveal the Score by Voting
_
0
Business Idea
Business Traction
Management Team
Valuation

Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments