Cadi

Combining autonomous retail and ecommerce to revolutionize golf

Cadi

Combining autonomous retail and ecommerce to revolutionize golf

NASHVILLE, TN
Advertising and Marketing
Data/Analytics
Cadi is on a mission to change the way people shop for golf products. We are a retail automation company, building technology that connects golfers with products they love, and the fast, custom experience they deserve.

$924,800

raised
1,048
Investors
$10.1M
Valuation
$0.43
Price per Share
$248.97
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
18
Days Left

$924,800

raised
1,048
Investors
$10.1M
Valuation
$0.43
Price per Share
$248.97
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
18
Days Left

Rewards

Get rewarded for investing more into Cadi:

$248+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$500+
Investment
Tier 1 perk
Perk 1- Join the team: 202 Cadi Hat, Subscription to Cadi monthly newsletter, and access to the quarterly updates.
$1,000+
Investment
Tier 2 perk
Perk 2- Founders Club: 20% off first order plus all Perk 1 benefits.
$5,000+
Investment
Tier 3 perk
Perk 3- Owners Club: Free 2021 Driver from TaylorMade, Callaway, Ping, or Titleist. plus all Perk 1 benefits.
$10,000+
Investment
Tier 4 perk
5% bonus shares + Perk 3- Owners Club: Free 2021 Driver from TaylorMade, Callaway, Ping, or Titleist. plus all Perk 1 benefits.
$25,000+
Investment
Tier 5 perk
10% bonus shares + Perk 3- Owners Club: Free 2021 Driver from TaylorMade, Callaway, Ping, or Titleist. plus all Perk 1 benefits.
$50,000+
Investment
Tier 6 perk
15% bonus shares + Perk 3- Owners Club: Free 2021 Driver from TaylorMade, Callaway, Ping, or Titleist. plus all Perk 1 benefits.

Reasons to Invest

Our retail technology platform has proven market fit and will lead the transition to autonomous retail in the $126bn sporting goods market.
With over $1M+ in pilot testing sales, Cadi has signed letters of intents from 63 golf courses unlocking significant revenue and access to over 250,000 golfers.
Cadi’s autonomous patent-pending kiosk has led to strong partnerships with the biggest brands in golf and several large golf course management groups.

Overview


Leading the autonomous future of golf retail

Cadi is transforming the traditional golf industry with the first autonomous solution built for golfers. You can now demo clubs right on the course whenever you want. When you find the perfect club, it can be purchased instantly through our self-service kiosk and e-commerce platform. There are no salespeople and no hassles, just golfers with freedom to play the newest equipment. Our team and technology are paving the way for a new hybrid omnichannel that changes how golf products are sold and distributed for years to come.


Currently, Cadi's Application and eCommerce platform are in development phases. The physical Cadi Kiosk is currently available on the market.

“Demoing golf clubs should be about you—on your time, on your course, and with your friends. Cadi gives you the freedom to try before you buy and the confidence to know your game just improved.”

GIF 1

The Problem


Evolving retail changes the way people shop and leaves golfers behind

Today, the only two options to purchase products are visiting a traditional retail store or buying online. Now we are seeing the world change as the COVID-19 pandemic accelerates the shift to more online shopping than ever before. This shift significantly threatens sporting goods because many products, such as golf clubs, we believe are not best sold online.

The above stats are from internal research


Golfers need to feel and demo products they wish to buy online. Unfortunately, the majority of golf courses do not effectively sell golf products. The current retail experience only offers unrealistic indoor trials or infrequent demo days. It is no surprise that 90% of golfers prefer to demo products on a golf course or driving range before buying equipment. The result is two-thirds of customers are unhappy with their purchase within 14 days with no option for money back.


In the modern retail world automation is no longer a choice, it is a necessity. Cadi is building the solutions...

The Solution


An innovative, retail automation platform that merges physical kiosks and online shopping

Currently, Cadi's Application and eCommerce platform are in development phases. 


Cadi’s platform is the combination of an autonomous, patent-pending kiosk and an integrated online marketplace. We combine the best of online shopping with the benefits of traditional retail stores. Currently, Cadi's Application and eCommerce platform are in development phases. The physical Cadi Kiosk is available on the market.


Gif 2

The physical Cadi Kiosk is currently available on the market.


Our technology leverages a golfer’s most desired location, golf courses, to create a network of kiosks. Our kiosks give golfers the freedom to demo, compare, and purchase products at their convenience. Cadi uses Big Data and Artificial Intelligence to curate product selection and create a personalized experience for each customer.

Gif 3

This is a demo


Cadi’s online marketplace gives golfers 24/7 access to our platform. A fully connected omnichannel means golfers can interact using any device from any location.

What We Do


Bringing golfers a new and game-changing retail experience, right on the course

Cadi uses the best of e-commerce and product demos to create an entirely new retail experience. Our omni channel platform allows you to shop from any device then visit your local course to demo products. You can be playing with golf’s top brands and newest equipment at the push of a button.

The physical Cadi Kiosk is currently available on the market.


Cadi makes it extremely simple to purchase when you are ready. Whether online or in-person, Cadi leverages golf courses to create micro fulfillment centers that fulfill on-demand orders and expedite shipping for online orders. It is instant gratification like the golf industry has never had before.

gif

STEP 1: SHOP 24/7 using your mobile phone or computer.

Currently, Cadi's Application and eCommerce platform are in development phases. 

GIF

STEP 2: PICK-UP from your local Cadi kiosk.

The physical Cadi Kiosk is currently available on the market.

GIF

STEP 3: PLAY on any course or range.

gif

STEP 4: BUY the perfect clubs.

Our Traction


Growing customer base and partnerships in prime locations

To date, Cadi has sold products to over 6,000 customers. We have surpassed $1M in gross sales over the past 18 months and double sales from 2019 to 2020, year to date. Our hope is that our next funds will lead to faster expansion and higher growth in 2021.

The physical Cadi Kiosk is currently available on the market.


We have 63 courses signed up to deploy our technology. This equates to significant potential recurring revenue and access to 250,000+ golfers annually. We secured strategic partnerships with leading golf course operators and equipment manufacturers. We are granted exclusive access to locations, customers, and inventory supply. Cadi is currently in conversations with more potential partners and venues we hope to announce soon.

GIF4

The Market


Cadi’s innovative technology brings convenience from the screen to the green

We recognized that the golf industry is heavily concentrated with little innovation for the past 20 years. Top retailers are either traditional brick and mortar or exclusively e-commerce. No clear leader in the market is seamlessly integrating physical and virtual shopping. This is a large and fast-growing opportunity. Cadi has significant advantages with patent-pending technology and a first-to-market strategy.

These are not actual locations that currently exist.  The physical Cadi Kiosk is currently available on the market.


Our target kiosk locations are high-traffic public courses in areas with low seasonality and a high density of courses. 80% of all golf courses in the U.S. are public golf facilities, the industry’s “forgotten retail channel” where we aim to expand. We are also pursuing opportunities at entertainment venues, driving ranges, and new-age shopping malls. With the popularity of venues such as TopGolf, golf is seeing record rounds of play and increasing participation at all levels.

The Business Model


Dual revenue stream including product sales and subscription model

We offer two primary revenue sources: membership subscriptions and product sales. Cadi will offer a subscription plan, popularized by Amazon Prime, that unlocks benefits and service only available to Cadi members. Our benefits and long-term value to golfers come from leveraging our kiosk locations and unique relationships with courses and suppliers.

The Online marketplace and the monthly membership fee is in development and has not launched. The Cost of Kiosk is an estimate and may change in the future. 

GIF

How We Are Different


Collecting Big Data to revolutionize the golf industry

Cadi’s platform is built for Big Data. Big Data powers order fulfillment from kiosks all over the country. We continuously analyze the data to learn customer behaviors, sell more products and deliver game-changing logistics not seen in golf retail. That data is shared with product manufacturers to create stronger partnerships and even better experiences for members.

The physical Cadi Kiosk is currently available on the market.


Patent-Pending Kiosk Technology

Cadi’s intellectual property protects the most important features of our kiosk. Our proprietary technology tracks inventory from sourcing to selling. Cadi has complete visibility of products as they move anywhere through the supply chain.

The Vision


Cadi is focused on becoming the market leader in golf and recreational sports

We believe Cadi is positioned to be a global leader in sporting goods and capitalize on the accelerated shift to automation in retail. Our goal is that by 2025, Cadi will have over 1,000 installed locations with full connectivity to our online marketplace.Our hope is that Cadi’s membership will thrive with a strong community of over 1 million members. We believe that once Cadi has been installed on a golf course it will be difficult for any competition to replace our platform.

GIF

Implementing Cadi technology to other industries

In the future, Cadi will expand our product offering to other comparable sporting goods industries such as tennis, baseball, hockey, skiing, and biking. Cadi’s technology platform is gearing up to serve and thrive in the $126 billion recreational sports industry.

OUR LEADERSHIP


A team of experienced entrepreneurs extremely passionate about golf and automation

Our CEO, Tyler Gottstein, and co-founder, Matt Ahrens, are leading this golf retail revolution. Each brings valuable experience in logistics, finance, automation, entrepreneurship as well as a deep love for sports.

The physical Cadi Kiosk is currently available on the market.


Our core team is experienced in developing and implementing consumer technologies at scale. We proudly work with a team that is passionate about building solutions that connect golfers with products they love and the experience they deserve.

Why Invest


Invest in the future of golf and autonomous retail

We invite you to join us on our mission to revolutionize the golf retail landscape as we know it today. The Cadi team is prepared to take this business to the next stage, expanding our technology and positively impacting recreational sports.


We hope you will ride along with us as we introduce our platform to the world and reshape the way golf products are purchased and sold forever.

Offering Summary


Company

:

Cadi, Inc.

Corporate Address

:

2032 Convent Place, NASHVILLE, TN 37212

Offering Minimum

:

$9,999.65

Offering Maximum

:

$1,069,998.67

Minimum Investment Amount

(per investor)

:

$248.97











Terms


Offering Type

:

Equity

Security Name

:

Class B Common Stock

Minimum Number of Shares Offered

:

23,255

Maximum Number of Shares Offered

:

2,488,369

Price per Share

:

$0.43

Pre-Money Valuation

:

$10,051,685.59











*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Investment Incentives and Bonuses*

Early Bird

Friends and Family - First 72 hours | 15% bonus shares

Super Early Bird - Next 72 hours | 10% bonus

Early Bird Bonus - Next 7 days | 5% bonus shares

Volume

Tier 1 perk - ($500 + perk 1) 

Tier 2 perk - ($1000 + perk 2)

Tier 3 perk - ($5,000+ perk 3)

Tier 4 perk - ($10,000+ 5% bonus shares + perk 3)

Tier 5 perk - ($25,000+ 10% bonus shares + perk 3)

Tier 6 perk - ($50,000+ 15% bonus shares + perk 3)

Perk 1- Join the team: 202 Cadi Hat, Subscription to Cadi monthly newsletter, and access to the quarterly updates.

Perk 2- Founders Club: 20% off first order plus all Perk 1 benefits.

Perk 3- Owners Club: Free 2021 Driver from TaylorMade, Callaway, Ping, or Titleist. plus all Perk 1 benefits.

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Cadi, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Class B Common Stock at $0.43 / share, you will receive 110 shares of Class B Common Stock, meaning you'll own 110 shares for $43. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Irregular Use of Proceeds

The Company will not incur any irregular use of proceeds.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$244,094.00 USD
$166,619.00 USD
Cash And Cash Equivalents
$71,675.00 USD
$54,746.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$84,500.00 USD
$30,892.00 USD
Long Term Debt
$316,254.00 USD
$283,201.00 USD
Revenues And Sales
$349,595.00 USD
$12,889.00 USD
Costs Of Goods Sold
$229,879.00 USD
$8,775.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$44,384.00 USD
-$49,259.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Invest like a Master's Champion. "Cadi's live inventory system is game-changing"

4 days ago


It is Master's Week. The Master's tournament gets underway today, showcasing the biggest golf names (Excluding Tiger Woods due to his car accident ). Last year, I picked Dustin Johnson. This year my pick is........ Dustin Johnson. It has only been 5 months since his last Master's win, and his game is still on point. DJ has nerves of steel. 

The Master's is historically a place that is filled with tradition but also innovative. During a normal Master's tournament, they sell millions of dollars of merchandise in just a few days. It is a one-of-a-kind retail experience. It sells so quickly it is a challenge to have the necessary product on the sale floor. The solution is a live inventory and logistics system that refreshes inventory levels consistently. It is necessary to have a live inventory system to create retail innovation. The data needs to be correct every time. 

Cadi tracking the inventory from Sourcing to Sale. That means Cadi knows where our inventory is exactly as it moves through our warehouse, in transit, arrival at our kiosk system, and in customer's hands. This allows us to collect powerful data.  Cadi kiosk is mobile and easily installed at any location. Like the Master's, we can transform PGA tour events, Festivals, Parks, even parking lots into retail destinations. This is a valuable system that will be attractive to many industries and companies. Ultimately, create a game-changing experience for our customers. 


Happy Masters! Golf Season is here, 

CEO and Co-founder


Cadi moves past $800,000. Cadi's fastest milestone to date.

5 days ago


It took on 4 days to go from $700k to $800k. We raised $100k from 150 investors. That is the fastest funding rate that we have had since the beginning of our campaign.  Although it is great to get validation from golfers and investors, Matt and I are motivated to make Cadi the most successful company ever on StartEngine. It is not time to celebrate; it is time to work. 

Thank you to everyone that has invested in Cadi. We are leading the autonomous retail push and developing game-changing technology. If you have not invested, now is the time. We have got a lot of attention from strategic partners and other funding sources. We are unsure if our next round will be through a crowdfunding platform. This may be the only opportunity to invest in Cadi. We would love to have you along for the journey. Thanks again!

Happy Master's week! 


CEO and Co-founder  





Cadi flies by $700k, An update from Cadi's CEO Tyler

12 days ago


Cadi is continuing to run by milestones. We now have over 810+ investors and $700,000 raised. Our goals are within reach. The success of this campaign has opened a lot of doors in the golf industry. Many people have taken notice of Cadi and our innovation. Daily, we are presented with opportunities and inundated with messages from all types of people. We try to respond to every email, message, and comment that we receive. Please keep them coming!

We are looking to make a strong push towards the goal. Please do Cadi a favor and continue to share Cadi with golfers and potential investors. 

Cadi has a webinar this Friday, 4/2, at 10 am PST. We are hosting a Q&A, opening the conversation up to questions. We are happy to chat about anything. That might be Cadi, the founders, or something outside of the business.

Register at this link: Webinar #2: Q&A with Cadi Founders

Finally, we are hiring for several roles. We would love to hear from anyone in the golf industry related to the buying and selling of golf equipment. Connect with us on Facebook or Instagram @cadikiosk.

Webinar #2: Join Matt and Tyler for a Q&A about everything Cadi. 4/2 10am PST.

17 days ago

We want to hear from you. It is a great time to get together and discuss all things Cadi. We wanted to take this opportunity to allow our investors and followers to ask any questions on your mind.  We are open to all questions about Cadi, the founders, golf, technology, and retail trends.  

 We strive to be open about Cadi and where we are going. We are excited to connect with you. 

Cadi Q&A with Tyler and Matt

April 4/2 10 am PST

Please register for the access link. REGISTER HERE: CADI Q&A WEBINAR

Why invest in Cadi? GOLF IS BOOMING! See attached 2020 annual golf data.

20 days ago

The golf industry has not seen this much attention since the Tiger woods effects in the early 2000s. Golf is booming, adding 500,000 new golfers, bringing a total to 36.9m golfers. They were an additional 60m rounds played compared to 2019. The game of golf happened to be the perfect social distance game during the Covid-19 pandemic. The inflow of new golfers is great for the game of golf. It is bringing new people and a new way of thinking. Golf became the ultimate escape from the pressures of the pandemic.  The new golfer also put a spotlight on the purchasing problems that were normal when buying golf products. Cadi is here to simplify the experience and help make the game inclusive to everyone. The timing is right as the inflow of new golfers brings an open mind to new technology.   

As we reflect on our business and industry, we find that we are in a great position. Our kiosks and our technology platforms work seamlessly together to deliver an industry-leading omnichannel experience. We have world-class advisors, and our vendor relationships with key partners have never been stronger. We’ve become more athlete-centric, focusing on personalized, knowledgeable, and available service. Importantly, we have aligned behind our common purpose to support the golf course and the pro shop.

Cadi is beginning our big push to reach our goal of $1.07m raised. The end of our campaign is approaching quickly. Please share Cadi with people that might be interested in investing in Cadi.  Thank you for all the support throughout our campaign. 


Thank you,

CEO and Co-founder

Vision: Cadi's go-to-market strategy in 2021 and beyond. Check it out!

25 days ago

Cadi has a defined go-to-market strategy both in the short-term and into the future. During Cadi kiosk V1 testing, we were able to fine-tune the kiosk. The functionality worked great, resulting in the kiosk going the final six months without a failure. After V2 developments, we plan on relaunching in one golf market. We will launch enough kiosks in the market to achieve economies of scale for advertising and logistics. Soon, we will release our revamped e-commerce segment, and we hope it will begin producing revenue quickly. Cadi hopes to be able to grow the online marketplace segment concurrently with the kiosk rollout.  We show proof of concept and replicate that model in 12-15 golf markets throughout the country. That includes working closely with golf management companies and Cadi's 63 LOIs. The timeline is partly dependent on the completion of this campaign. We have already begun the technology development.

The most exciting part to me is the growth of the community as we install at new locations. As we grow, we will offer more features to our community and tackle more golf industry problems. We are not far away from dominance in the golf industry. We are excited to move the business forward together.

Hit it straight,

CEO & Co-Founder

Notice of Funds Disbursement

27 days ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Cadi has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Cadi be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Cadi inks 63 letters of intents from Golf Courses with more on the way.

27 days ago

As this campaign has progressed, the amount of attention has increased drastically. Daily, Golf course owners and operators reach out to us through our “work with us” tab located on our webpage. We love it! Please keep the outreach coming. We are making our way down our list and enjoy learning about your facilities. The golf course relationships will be valuable as we begin expanding nationwide.

So, what is the takeaway? Cadi has enormous demand from golf courses. We made our model as easy and painless as to add golf courses to our network. Our mission is to bring golf retail back to the golf course. We want to add value to all aspects of the golf course.

It is an exciting time at Cadi. Let’s keep the momentum going. Please share Cadi with any of your innovative thinkers within your network. We love having you apart of our journey.  If you have not invested, now is the time. We are always available for questions or comments.

Happy spring forward and the start of twilight golf,


CEO and Co-founder

Milestone: Cadi zooms by $600,000. A word from Cadi COO, Matt

about 1 month ago

We have zoomed past the $600k milestone. These milestones are happening quickly. We are excited about our momentum and expect to reach the $1.07m maximum shortly. We love interacting with everyone that has an interest in Cadi. I am getting many messages daily, and it is difficult to keep up. Please do not take it personally. Feel free to follow-up, and I will get back to you as soon as I can. 

I will continue to post updates frequently through StartEngine. We post weekly blogs on our website and are very active on our Facebook and Instagram. For more information, please follow us at @cadikiosk.


Thank you!!! On to $700,000, 

CEO and Co-Founder

Cadi can turn any place into a powerful retail location. Cadi's platform offers massive back-end value for a potential acquisition.

about 1 month ago


A big part of Cadi's Value comes in our back-end technology and overall platform. Cadi technology platform can transform, declining mall storefront, a public park, amusement parks, sporting events, or even a street corner into a revenue-producing destination.  This is powerful because the hard cost of rent and labor is drastically reduced. Cadi offers a success-based revenue share. The lack of leverage of these nonproducing retail locations gives Cadi the ability to negotiate great terms. Inturn, Cadi can increase margins and create an unmatched experience by traditional retail and e-commerce. 

There are two avenues to buy products today, online or through a physical location. When someone asks you what Cadi is. You can say Cadi is a NEW channel to sell products. If you see the value in this type of flexibility as a retailer, you will understand the huge potential Cadi's backend value has on the retail world. This type of value increases synergies to potential exit partners. 

I realize most of you understand the massive potential in Cadi's retail innovation. For those who have not invested, many industries will desire Cadi technology. I am hopeful you see the value in Cadi's back-end platform and make the decision to join Cadi.


Thanks, 


CEO & Co-Founder


 

Cadi raises $500k. A word from Cadi CEO, Tyler.

about 1 month ago


We have passed $500k. This is significant because very few companies reach the $500k milestone. Before launching, we set a goal of $500k as the benchmark of success. We were confident we would accomplish this goal.

What we didn't expect was the amount of attention we would receive. The response has been incredible.  We are inundated with investor inquiries, partnership requests, and requests for employment. The result was over $250k raised in February. We are blown away by the support and increasing momentum. To everyone that invested, thank you for believing in Cadi's vision. This is only the start. 

If you haven't invested, this is the time. We expect to raise this second half of our goal in record time.

Thanks again, 

Tyler Gottstein

FAQ Friday: Is Cadi looking for partnerships with entertainment venues and driving ranges?

about 2 months ago


Cadi’s autonomous technology is a perfect fit for entertainment venues. Cadi has discussions to bring Cadi to the leaders in entertainment golf. Why are we excited about these potential partnerships? We share the same values. Cadi strives to make golf more inclusive to new golfers while bridging the knowledge gap with our data-based systems. Cadi is transforming non-retail space into a powerful retail experience using our autonomous technology. Entertainment golf venues have successfully changed golf for the better by simplifying the game and making it easy for players of all skill levels.

These entertainment golf venues have over 12m customers, most of which are not avid golfers. There are opportunities to help these golfers transition to golf on the golf course by making it easy to demo and buy golf equipment.  We believe entertainment venues can become the chosen destination for all new golfers looking to buy golf equipment. Look out for a Cadi collaboration with entertainment venues soon.   

Thanks, 


CEO and Co-founder

Notice of Funds Disbursement

about 2 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Cadi has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Cadi be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

FAQ Friday: Why would a golf course want Cadi? Why can’t shops sell clubs themselves?

about 2 months ago


One of our most commonly asked questions is about the relationship dynamic between pro shops and Cadi. Most of these comments are usually critical of Cadi because they do not account for golf's current market conditions.

Cadi focuses on public golf courses, entertainment venues, and driving ranges. There are over 10,000 public golf courses in the United States. The majority of these facilities were hurt, and still are, by the creation of golf's big-box retailer in the early 2000s and the emergence of eCommerce. Today, most public golf facilities do not sell equipment because they could not compete with these other channels. Golf courses have no desire to hold inventory, receive poor pricing terms from OEMs, and suffer from limited customer demand. Golf professionals focus on their core business which includes rounds, buckets, and teaching.

Cadi and the golf course are the perfect partners. Cadi offers golf equipment and product selection that is not offered in the modern-day pro shops. Cadi can offer better pricing, perfect the logistics, and manage full inventory volumes. Cadi is building a community of golfers and venues that empower the golfer and the golf course. We revenue share with the course as well, and that revenue goes directly to the bottom-line.

Fun Fact: In 2019, Cadi launched their prototype kiosk in Orlando, Florida, during the yearly PGA show. By the end of the Central Florida golf season, Cadi kiosk technology operated at a 99.9% success rate and didn’t have a failure in the last 60 days of testing.


Have a great weekend, 

Tyler Gottstein




Milestone: Cadi bombs past $300k

about 2 months ago

Cadi has raised $300,000. I wanted to take a moment to thank all our investors and followers that believe in Cadi. We have been able to get our story out to more people, and it is resonating. We are gaining steam. We have been zooming by our fundraising milestones quicker each time.

We are appreciative of every one of the 367 investors that have invested in Cadi. You are at the forefront of the retail revolution, and the timing is right for Cadi to be a disruptive leader in Golf. We are dedicated to making significant steps forward in 2021.

Once again, I ask that you share Cadi's campaign with your innovative friends and co-workers. We want to continue to push for our goal of $1m. For the most current information on Cadi, please follow our Facebook (@cadikiosk) and Instagram (@cadikiosk).

Thanks again!


CEO and Co-founder



Notice of Funds Disbursement

about 2 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Cadi has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Cadi be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

FAQ Friday: What golf brands does Cadi offer and what condition is the product?

about 2 months ago

I wanted to take a moment to answer a commonly asked question. What brands does Cadi carry, and are they new or used?

Cadi carries the biggest brands in golf. Cadi carries Callaway, TaylorMade, Titleist, Cobra, Cleveland, and even Scotty Cameron. We are very selective on what we put in our kiosks because we want to make sure every product in the kiosk has strong demand and increases the experience value.  We like to say we have the latest and greatest in the industry. We also want to offer a range of clubs for every golfer. Cadi's focuses on products that have been released within the last three years. So regardless of the user's desired price point, there is a high-end product in our platform for everyone.  

Cadi offers both demo and new clubs. The user can buy the actual demo club they were using or exchange it for a new model. If we do not have the New model in the kiosk, it will be directly sent to their house. Cadi offers a dynamic pricing model on demo products. The more the club is used, the lower the asking price is. 

During our testing, we found that the most demanded products were drivers and putters. The experience of trying all the latest drivers in a unbiases setting is unmatched. The golfer can compare the different feels between a high-priced Scotty Cameron and a lower-priced putter model. 

 Fun Fact: In 2019, Cadi had a 33% sales conversion on all users that tried our prototype kiosk. Why was that? Golfers realized improved performance on the range or during their round. THEY GOT TO SEE THEIR RESULTS FIRSTHAND, and they purchased the club. Cadi's high conversion rate means our demo products are always in excellent condition. 

Hit it Straight,

Tyler Gottstein

Cadi is getting attention! Recently featured in Forbes and Yahoo Finance!

2 months ago

Cadi is being noticed. This Forbes article discusses our Amazon-like approach and our mission to bring sales back to the golf course.  Cadi's autonomous retail technology does not take away from the golf course; It enhances it. Cadi leverages the course's strengths to offer an unbeatable customer experience. 

As you may have noticed, We are getting more and more attention. We appreciate all of our early investors and are excited to see many others joining the company. Thanks again. 


CEO and Co-founder


Announcement: Cadi is hosting our first webinar this Thursday, Feb 4, at 10 AM PST. RSVP to join us.

2 months ago

Cadi founders Matt and Tyler will be answering questions about all things Cadi. Join us as we dive deeper into the mission, story, and opportunities available with Cadi. Attend our webinar by RSVPing to the link below. We can't wait.  

 https://zoom.us/webinar/register/WN_Div4m85GSyOAnpKMeFfa2A

Milestone: Cadi surpasses $200k, doubling the amount raised to start 2021.

2 months ago

Cadi has started 2021 off right by doubling our total amount raised in January. Cadi has received increasing interest, demonstrated by the number of organic press we have received. I am also pleased by the number of people reaching out interested in working with Cadi.

Most importantly, I am honored to have the support from investors that see the potential of Cadi. At Cadi, we are grateful for all 258 investors and excited to make Cadi a massive success. We are already on the way. For anyone that has not yet invested, we would love to have you apart of our journey.

Again, I have a small request. Please share our campaign with all your investment-savvy friends and passionate golfers. Our campaign lives here: www.startengine.com/Cadi.

Cadi founders Matt and Tyler are hosting a webinar this Thursday, Feb 4, at 10:00 AM PST. We would love for you to join us by registering at the link below. See you there. 

https://zoom.us/webinar/register/WN_Div4m85GSyOAnpKMeFfa2A

Hit it straight, 

Tyler Gottstein

Notice of Funds Disbursement

2 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Cadi has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Cadi be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Numbers are in: Cadi increases revenue by 125% in 2020, bringing the 2 yr total to $1.2m.

2 months ago


Despite navigating the global COVID-19 pandemic, Cadi closed 2020 on a strong note.  Cadi booked nearly $800,000 in revenues in 2020. The was a 125% increase from 2019 and brought total revenues since 2019 to over $1.2m. Going into 2020, we didn't expect to have significant revenues. We excelled past expectations and built relationships that will be fruitful moving forward.

We are proud of our ability to navigate the challenging times that were presented in 2020. One of our greatest strengths as a company is our ability to retain information and make quick, thought out decisions. When the economy shut down, we quickly made the right decisions to protect our business and assets to ensure we would survive. More importantly, while most people were conservative, we recognized the opportunity, created detailed plans, and deployed our resources quickly to take advantage of the market opportunities.

Moving into 2021, we have projections to double our sales and drive the business technology forward. We look forward to sharing our journey with all of you as we continue to grow and gain more traction.


Good Health,

Tyler Gottstein

CEO and Co-Founder

Meet the Cadi Team: David Felker, a true golf industry pioneer.

3 months ago


David Felker (pictured right) is a pioneer in the golf industry, holding 45 patents and developing game-changing technology while at Callaway. David created Callaway's first golf ball, the Rule 35 ball. The Rule 35 was the predecessor to the Titleist Prov1 and set the industry standards. David's processes are still driving innovation today. He is an original co-founder of Cadi, joining at the very beginning in 2016. He played an essential role in developing and introducing Cadi's prototype technology to the market.

"When I joined Cadi, I recognized there was an opportunity to build autonomous technology to revolution the golf industry. I am excited to continue the Cadi journey as we pursue the best purchase experience possible." 

David is a brilliant thinker. Many considered David one of the most innovative minds in golf during his 30-year career. He understands the golf industry inside and out. David is involved daily and his experience will continue to be invaluable at Cadi moving forward. 


Good Health, 

Tyler Gottstein

Mike M. invested $25k into Cadi. Here is why he believes Cadi is a great investment.

3 months ago


I thought it would be great to showcase one of our $25k investors. We asked Mike M. a series of questions on what enticed him to invest in Cadi and why he believes Cadi is a great investment. Mike is a retired M&A executive that chose Cadi as one of his few start-up investments.  

Q: What do you see in the Cadi team that makes you feel they will make the business succeed?

A: Tyler is the type of person that I have confidence in to make Cadi successful. I’ve been invested for two years, and despite a few setbacks, he has really delivered by finding alternate paths to success. That is always key in startups. Tyler sees the end zone and will get us there. I am very pleased with what the team has accomplished, and with this round of fundraising, I look forward to seeing them scale the Cadi kiosk presence. 

Q: Do you feel personally connected to the Cadi brand? If so, why?

A: Oh, Yes, absolutely. There’s really no other way where I could say, “Hey, you know, I’ve seen that new driver on TV. I want to try it,” There’s no other way. Absolutely none.

Q: Are you a golfer? If so, why do you think Cadi will transform the industry? 

A: When I rented one club I liked it so much, I bought the whole set, and that was three clubs. So I’ve been using those for two years now, and I’m delighted with them. I probably would not have tried it, but I really only tried one brand, and I happened to like it the first time. I haven’t been in the market for golf clubs since I bought those. 


As always, we appreciate the support. Feel free to contact us with any questions. Thank you.

Tyler Gottstein


Legal: This testimonial may not be representative of the experience of other customers and is no guarantee of future performance or success.

Milestone: Cadi rides momentum to surge past $150k.

3 months ago

Exciting news to start 2021! Cadi has hit the $150k milestone. Cadi surged past $150k from 156 investors after a strong start to 2021.

We're amazed by the momentum and excitement behind our crowdfunding raise and our vision. Cadi's mission is gaining steam as investors, writers, and partners recognize the opportunity to become the modern-day golf superstore. We're innovating the physical and virtual shopping experience with our patent-pending autonomous technology and first-to-market strategy.

2021 is going to be a great year. We appreciate your support and are driven to make Cadi the best investment in your portfolio. 


Happy New Year!

Tyler Gottstein
CEO and Co-Founder


Notice of Funds Disbursement

3 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Cadi has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Cadi be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Meet the Cadi team: Carole McCluskey, one of the most prominent CTOs in automated retail.

3 months ago


Cadi is in great hands with the leadership and advisory guidance from Carole McCluskey, one of the most highly respected technology leaders in automated retail. Carole drove growth as CTO of Outerwall, the company behind Redbox, Coinstar, and ecoATM. She has excelled in her career as a tech executive. In her 20+ years of experience, Carole developed the technology behind some of the most successful automated retail companies. She was responsible for all kiosk, mobile, and e-commerce product development at Outerwall. Carole joined Cadi as an advisor in 2016 when Cadi was merely a vision.

"Cadi has the potential to revolutionize the way products are purchased. There is an opportunity to advance autonomous retail, and there has been no better time. With the team's vision and ingenuity, there is no doubt we can build a great business."   

 Carole holds the distinction of being named one of the most prominent CTOs in automated retail. She has played an instrumental role in the development and success of Cadi's technology. She is a brilliant thinker and a true product development genius. Cadi is grateful to have her on the team as she continues to play a large role in Cadi's growth. 

Cadi signs letters of intent with 60+ golf courses. StartEngine campaign leads to dozens of new inquiries!

3 months ago


Happy New Year! Cheers to a great 2021!

Cadi recently signed letters of intent with 63 courses. This is a no-brainer for golf courses. Cadi adds additional revenue directly to the bottom line. Joining Cadi's network requires no investment and adds tremendous value to golf courses. Since launching this campaign, Cadi has received a dozen inquiries on how to get a Cadi Kiosk on their golf course. 

Golf courses have the most valuable asset, golfers. Our team is bringing retail back to the golf course, leveraging the location to create world-class experiences while maximizing revenue. 

Thank you for your support and excitement in Cadi. We're excited to keep moving forward in 2021. 

Cheers,

Co-founder & CEO

Happy Holidays! THREE reasons why Cadi will be your best investment in 2021.

3 months ago


Happy Holidays from Cadi! We know this holiday season has been more difficult than most. We hope you were able to make the best of it. We are looking forward to 2021 and seeing what the new year has to offer. We are positive 2021 will be a bounce-back year for many people. Cadi should be at the top of your investment list this coming year, and here are three reasons why now is the time to invest in Cadi.

  1. Cadi is aiming to become the next golf superstore. Cadi will beat competitors in all key sales metrics by offering a personalized, omnichannel experience.
  2. Cadi’s technology will offer personalized fitting to everyone for free. Paying $349 to get fit is not inclusive and prevents the game of golf from growing. We present the same data to fit golfers and leverage that data to ensure the right products are personalized for every golfer.
  3. Cadi will reinvent the way golf products are shipped by offering 2-hr delivery windows. Cadi Kiosk is a hub that can service the golf market within 20 miles of any kiosk. Cadi's inventory system optimizes last-mile distribution.


We hope you all enjoy your holiday season! Our team is back to work, pushing to our next goals.  We will see you in 2021!


Cheers, Tyler Gottstein

Co-Founder & CEO

Golfers, golf companies and investors are talking about Cadi and the response has been incredible.

4 months ago

When we decided to offer the chance to own a piece of Cadi, we knew crowdfunding came with uncertainty. We knew golfers loved our concept, but will potential investors see Cadi's vision and mission? We stuck to our mission of offering an unbeatable experience to the customer and implementing technology that creates competitive advantages over traditional retailers. 

Fortunately for Cadi, the response has been incredible. We have received dozens of positive comments through social media, been offered several partnerships, and compiled 106 investors to date. It feels good to receive validation with comments like "Genius," "I need this!" and "We should have thought of this."

We launched this crowdfunding campaign because we want golfers involved. We want thought-leaders and innovators involved. It is becoming more and more apparent that the future of shopping is mobile online shopping and a modern version of in-person shopping. Cadi can become the golf/sporting goods retail leader.

If there is any interest in growing modern-day sports retail, then the time is now. Invest today and join the journey.

Good health, 

Cadi has thrived during the pandemic and is positioned to win in 2021. Here's why.

4 months ago


Cadi found their legs in 2020, doubling their revenues. While everything was uncertain, Cadi found its certainty. The world required higher sanitation practices, increased social distancing, and increased online sales. All of these capabilities are built into Cadi's autonomous retail platform. The pandemic changed everyone's life. Forced shutdowns changed everyone's purchase experience while permanently closing many iconic retail brands.

Fortunately, golf and retail saw significant growth during the pandemic. Covid helped demonstrate Cadi's belief; not all products can be sold online. Cadi's retail platform is ideal for the demands of a post-Covid marketplace. Here are three reasons Cadi is Covid proof. 


1. Cadi offers a fully autonomous shopping experience. Whether you shop online or at the kiosk, there is no need for human contact. Cadi helps users find their club autonomously. In 30 seconds or less, golfers can be demoing the latest and greatest driver and be on the golf course or range. If you love it, keep it. If not, return it. No questions asked.

2. Cadi offers mobile payments and user accounts. All payments and interactions can be made through your mobile device. All interaction is tracked through your account dashboard. 

3. Outdoor shopping. Cadi never closes and is built to be outside on the golf course. Only breathe fresh air. 


Invest today in Cadi, a true pandemic proof business. In fact, Cadi is thriving during these challenging times.  


Milestone reached: $100,000. Let's keep it going!

4 months ago


Let's Go! $100,000 raised is an accomplishment. We are beyond grateful for the response we have received since launching just a couple of weeks ago. We chose to crowdfund for the opportunity to introduce our vision to our customers and other innovative thinkers. We're listening, and the feedback has been great.

With that said, we're at 10% of our goal. Every day we continue to pursue Cadi's ultimate vision. The next stage of our campaign is the most important, and we take nothing for granted.

For investors who have not invested, now is the time. We have some exciting news in the pipeline. We would love to have you on the team. 

Stay Safe, 

Cadi’s attracts 87 Investors, raising almost $100K in just over two weeks!

4 months ago

The results are in, and Cadi is a hit! We have raised almost $100,000 in just over two weeks. Cadi is capitalizing on perfect market conditions as the retail environment has changed forever. 

Join 87 investors that have already secured equity in golf's first autonomous retail platform. Help us exceed our next big milestone of $100,000. Don't miss out. 



We've hit $70k in the first week. Welcome to the Cadi Journey.

5 months ago

The launch was a success! Welcome to the team. Our team is incredibly thankful for your support and understanding of Cadi’s big vision. We are excited to grow with you and share our journey.

We are thrilled to announce we have raised $70k+ in the first week of our campaign. Thank you to all 68 of our investors. You have laid a strong foundation that will propel Cadi towards our goal of $1.07m.  

I have one request. Please share our campaign with all your investment-savvy friends and passionate golfers. Our campaign lives here: www.startengine.com/Cadi.

To anyone who has not yet invested, we would love to have you be apart of our journey. We are offering 5% early bird bonus shares for only two more days.

Together we can work towards our goal of creating the most innovative retail company in golf. This is just the beginning.  


Good health,

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