Company Performance Metrics
Drew White: Finance- John Stump: Advisor
SEAL Innovation is ramping up its growth and shipping its patented SEAL SwimsafeTM product to customers. It needs capital to fund its growth.
Mission: End drowning as the #1 killer of young children and #2 cause of serious injury among all children.
Current investors invested in multiple prior rounds.
Market opportunity = $4B+
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Drowning is more pernicious than car accidents and bicycle crashes, yet has little market awareness versus millions of car seats and bicycle helmets sold.
- 88% of child drowning incidents occur under adult supervision. SEAL's premier product, SEAL SwimSafe™, is a wearable swim safety monitor that minimizes the risk of drowning and injury by notifying guardians of swimmer distress.
- Well positioned to immediately capitalize on market opportunity. Selling residential product on Amazon (sales growing rapidly) and will start shipping commercial product next week (late April '17).
- Overall market consists of operators of 314,000 commercial pools, hotels, water parks, resorts and other large aquatic centers, 8.4 million residential pool owners, 10 million watercraft as well as the households of the 44 million children from 2-10 years old that swim frequently in the US.
- Facebook excitement among followers confirms the market need.
- Competitive advantage: A bank of patents achieved. Substantial competitive advantage on performance and cost.
