Mazarine

Solar Powered, Custom Built Dock Boxes

Mazarine

Solar Powered, Custom Built Dock Boxes

Panama City Beach, FL
Consumer Products
We are bringing high-tech solutions employing patent-pending, solar-powered dehumidifying technology to solve what we believe is a long overlooked issue with boating storage. With the recreational boat market trending toward luxury products and accessories, we believe we are revolutionizing the boating industry with our first in class, customizable dock boxes.

$76,953

raised
87
Investors
$15M
Valuation
$1.18
Price per Share
$248.98
Min. Investment
Common
Shares Offered
Equity
Offering Type
$750K
Offering Max
Reg CF
Offering

$76,953

raised
87
Investors
$15M
Valuation
$1.18
Price per Share
$248.98
Min. Investment
Common
Shares Offered
Equity
Offering Type
$750K
Offering Max
Reg CF
Offering

Rewards

Get rewarded for investing more into Mazarine:

$250+
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
Access to the Exclusive MAZARINE “First Access” Club, where investors get early access to company news, new models, accessories & products via a dedicated newsletter.
$1,000+
Investment
Tier 2
5% bonus shares + a $500 discount off your new or outstanding order and access to the MAZARINE “First Access” Club.
$2,500+
Investment
Tier 3
10% bonus shares + a $750 discount off your new or outstanding order + bronze level investor plaque inside the case of your order + and access to the MAZARINE “First Access” Club.
$5,000+
Investment
Tier 4
15% bonus shares + a $1,000 discount off your new or outstanding order + 2 FREE Upgrades and access to the MAZARINE “First Access” Club.
$10,000+
Investment
Tier 5
20% Bonus Program + a $2,000 discount off your new or outstanding order + 3 FREE Upgrades + a 30-minute ZOOM one-on-one video conference with CEO Jamin Finlaw as well as access to the MAZARINE “First Access” Club.

Reasons to Invest

MAZARINE has rapidly moved beyond the ‘proof of concept’ phase with a proven track record of sales—$340,000 in less than a year.
The recreational boat market is shifting toward luxury products and accessories, with the Yacht industry alone expecting to reach $9B by 2025.
Patent-pending technology employing solar-powered dehumidifying technology with a revolutionary design that has far-reaching applications.

Everything a dock box should be

With MAZARINE, boating enthusiasts can say bon voyage to musty dock boxes that do the bare minimum and provide unsatisfactory gear storage. Our luxury product not only has ample options for style and customization, but also functions as a solar-powered dehumidifying chamber with a 3,000 lb, electronic lock with keyless entry for added gear protection.

*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.

Less than a year after introducing MAZARINE to the market, we have already had gross sales of over $340,000—which we believe demonstrates the demand for this beautiful and functional product.

The Problem


Most dock boxes don’t reflect the pride boat owners take in their vessels

Luxury boat owners take great pride in their vessels. And at MAZARINE, we believe that customization and performance are what take boat ownership to the next level.


Yet the dock boxes we’ve seen that are currently on the market all look exactly the same (white, square, boring), and the level of personalization peaks at a cheap, weather-worn decal. 

In addition to the possibility of being easily damaged due to lack of durability, we have noticed many dock boxes are also not particularly secure. Worse yet, we’ve seen these boxes are often poorly ventilated, moldy, greasy and rusty—and sadly, so are their contents.

The Solution


Dock boxes that complement the beauty of the boat itself

We have developed a line of luxury marine storage products that act as vibrant showcase pieces for boat and yacht enthusiasts. 


These boxes are solar-powered and contain a dehumidifier that keeps contents dry and mildew free. They are internally lit, lock electronically with keyless entry, and fiberglass construction provides increased durability. A backlit aluminum alloy sign on each box proudly displays the boat name or logo, with options to upgrade and customize the box even further.

Mazarine dock boxes aren’t about simple convenience. They are a testament to boat owners’ style and demand for high-performance boat accessories.

*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.

There's no other dock box out there like this. Nothing even close to like it! About as good as you're going to get right here-- top of the line! - Captain Jimmy Nelson

The Market


Luxury boat products are storming the industry

Annual U.S. sales of boats, marine products, and services are estimated to have totaled $42 billion in 2019. Florida alone, where MAZARINE is based, accounted for $10.3 billion dollars in 2018.

In particular, large boat sales have risen at a steady pace over the past several years, and the yacht market alone is expected to reach $9 billion globally by 2025. 

With approximately 12,000 marinas and 1.1 million boat slips in the United States, market research suggests that the focus of the recreational boat market is also shifting toward luxury products, which are likely to provide boundless opportunities for vendors.

Our Traction


MAZARINE is surprising and delighting boat enthusiasts

Since our premiere at the Fort Lauderdale International Boat Show in November 2019, MAZARINE has already had 2020 Gross Sales of over $340,000. With the addition of new models, scheduled for release in Q1 2021, MAZARINE is excited about the future!

We’ve been featured in Great Lakes Scuttlebutt and Marina Life magazines, as well as on the Lake of the Ozarks-based radio show Bob’s No Wake Zone. 

*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.

“I thought I knew everything I needed for my day-to-day life in the marina industry, but obviously you’ve just shown me that you can make my life a lot simpler by having a real dock box.” —Discovery TV host of Chasin’ the Sun, Captain Justin Leake

*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.

What We Do


Providing boaters with a more seamless transition from water to land

Powered by solar panels, MAZARINE dock boxes digitally monitor and remove humidity, keeping gear dry and ready for the next adventure. They also have the added protection of a keyless electronic lock, as well as a 3,000-pound electric shock system custom made for MAZARINE.


Each box includes a custom CNC machine-routed aluminum alloy sign featuring the boat name or logo with LED backlighting, with additional style upgrades available.

Each box includes a custom CNC machine-routed aluminum alloy sign featuring the boat name or logo with LED backlighting, with additional style upgrades available.

The Business Model


Custom creations that put other dock boxes to shame 

Our product retails for $4,900. The Cost of Goods Sold for a MAZARINE is $1,380, which leaves a gross margin of 72.7% for operating costs such as materials, supplies, labor & overhead.

Presently, all sales are direct to consumers, attained through online marketing efforts. Because a MAZARINE is a custom product by nature, we currently sell only through our company website. However, we are excited to grow our reputation and client base through strategic relationships with well-respected boat manufacturers.


How We Are Different


Peak performance, usability and customization

Although the concept of a dock box is very familiar to boaters, MAZARINE brings it to the next level with solar-powered technology, a dehumidifier, and digital electronic locks. And with its beautiful, 5 piece design it stands alone as the perfect dock complement to the boat. 


In addition, we offer premium customization options geared toward the high-end market, which in our experience simply isn’t available with other dock boxes.

*The above comparison is based on internal research and knowledge of the MAZARINE management team.

The Vision


Expanding our offerings to fulfill every luxury boat owner’s needs

MAZARINE’s goal is to push the boundaries for style and performance, and we will continue to seek opportunities for the creation of a better, more beautiful boating experience.

Forward-looking milestones include:


  • The development of an additional model that appeals specifically to avid anglers and the 50-plus-foot sportfishing market.

  • 2-3 strategic partnerships with well respected, legacy boat manufacturers to create special editions specifically for their brand.

  • Growing our team to improve efficiency, streamline our assembly process, R&D endeavors, sales initiatives, and infrastructure.

  • Production & efficiency streamlining of our process to keep up with the present & expected increase in demand.


By 2024, MAZARINE hopes to become the leader in custom marine storage, specialized products, and accessories geared toward the luxury boating community.

OUR LEADERSHIP


We’ve worked together to develop big things before

Founder and CEO Jamin Finlaw has 18 years of experience in product design and development, with a passion for modern technologies and boating. He previously co-founded BookIt.com, helping to take it from a 4 person company in a garage to one of the largest privately held travel companies in North America. He then developed subsidiary Destination Experience, Inc., which he ran as President and CEO until 2016. Jamin has a passion for product design, modern technologies, and of course… boating.


Our sales and marketing efforts are led by Jesse Henson, who was also part of the original startup team at BookIt.com and played a pivotal role in the expansion of the brand. Henson’s 18 years of experience in e-commerce, customer acquisition, and data-driven marketing include successfully managing annual budgets in excess of $40MM with proven ROAS.


Together our goal is to expand MAZARINE to a boating household name.

Why Invest


Changing what is expected of a dock box

We believe MAZARINE is already revolutionizing the way boaters think about dock boxes — no more will they accept an inferior box that accelerates the deterioration of their valuable gear. This technology taps into a market in need of an upgrade, and we are excited to be the ones to offer it.


GIF

Offering Summary


Company

:

Mazarine, Inc.

Corporate Address

:

7502 Holley Cr., Panama City Beach, FL 32408

Offering Minimum

:

$9,999.32

Offering Maximum

:

$749,999.74

Minimum Investment Amount

(per investor)

:

$248.98











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

8,474

Maximum Number of Shares Offered

:

635,593

Price per Share

:

$1.18

Pre-Money Valuation

:

$15,045,000.00











COVID Relief

This offering is being conducted on an expedited basis due to circumstances relating to COVID-19 and pursuant to the SEC’s temporary regulatory COVID-19 relief set out in Regulation Crowdfunding §227.201(z).

Expedited closing sooner than 21 days

In reliance on Regulation Crowdfunding §227.303(g)(2) A funding portal that is an intermediary in a transaction involving the offer or sale of securities initiated between May 4, 2020, and February 28, 2021, in reliance on section 4(a)(6) of the Securities Act (15 U.S.C. 77d(a)(6)) by an issuer that is conducting an offering on an expedited basis due to circumstances relating to COVID-19 shall not be required to comply with the requirement in paragraph (e)(3)(i) of this section that a funding portal shall not direct transmission of funds earlier than 21 days after the date on which the intermediary makes publicly available on its platform the information required to be provided by the issuer under §§227.201 and 227.203(a).

Voting Rights of Securities Sold in this Offering

Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

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

Company Perks*

Time-Based:

Friends and Family Early Birds

Invest within the first 48 hours and receive an additional 15% bonus shares.

Super Early Bird Bonus

Invest within the first week and receive an additional 10% bonus shares. 

Early Bird Bonus

Invest within the first two weeks and receive an additional 5% bonus shares.

Amount-Based:

Tier 1 | $500

Access to the Exclusive MAZARINE “First Access” Club, where investors get early access to company news, new models, accessories & products via a dedicated newsletter.

Tier 2 | $1,000

5% bonus shares + a $500 discount off your new or outstanding order and access to the MAZARINE “First Access” Club.

Tier 3 | $2,500

10% bonus shares + a $750 discount off your new or outstanding order + bronze level investor plaque inside the case of your order + and access to the MAZARINE “First Access” Club. 

Tier 4 | $5,000

15% bonus shares + a $1,000 discount off your new or outstanding order + 2 FREE Upgrades and access to the MAZARINE “First Access” Club.

Tier 5 | $10,000

20% Bonus Program + a $2,000 discount off your new or outstanding order + 3 FREE Upgrades + a 30-minute ZOOM one-on-one video conference with CEO Jamin Finlaw as well as access to the MAZARINE “First Access” Club.

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Mazarine, 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 common stock at $1.18/ share, you will receive and own 110 shares for $118. 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 canceled 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 might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Salary payments made to one’s self, a friend or relative.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$176,969.00 USD
$17,054.00 USD
Cash And Cash Equivalents
$2,059.00 USD
$9,554.00 USD
Accounts Receivable
$2,500.00 USD
$0.00 USD
Short Term Debt
$80,945.00 USD
$0.00 USD
Long Term Debt
$108,969.00 USD
$0.00 USD
Revenues And Sales
$17,053.00 USD
$0.00 USD
Costs Of Goods Sold
$27,272.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$89,057.00 USD
-$593.00 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

Question for Investors & Followers

3 days ago

Question for the MAZARINE Investment Community (for my own curiosity):

"What are the main reasons you chose to invest in MAZARINE, and if you have not, what was missing or uncertain about the offering?"

We have some exciting upcoming improvements & changes we are making to the SE raise and 2021 company initiatives but I want to hear from you as my "boating community advisory board!"

You can post your answers in the comments section of the MAZARINE Campaign Page

Stay Salty,

Jamin

2020 Visual Snapshot!

6 days ago

A quick visual glance at some 2020 customers... We are PUMPED for 2021!!!

3 Minute Tour of MAZARINE! (Investors & Followers Only)

10 days ago

Hello all! It occurred to me recently that if I was investing in MAZARINE, I would want to know who's behind the company, what the company culture is about and how such a cool product gets made... after all... you are investing in not only a product, but the people and processes in place behind it.

**CAUTION ** - We are a manufacturing facility and fiberglass specifically is dirty work. So if you're expecting shiny white floors and glass ceilings, this video tour is not for you!

All others may proceed...



Jamin

Founder & CEO

MAZARINE, Inc.

Notice of Funds Disbursement

12 days ago

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

Hello!

As you might know, Mazarine 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 Mazarine 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

MAZARINE announces high end marina partnership in Miami!

21 days ago

At the conclusion of 2020 MAZARINE secured a large order and partnership with Sunset Harbor Yacht Club in Miami, Florida. SHYC will be placing MAZARINE cases at the entrance to all 4 docks as well as at their private pool. The branding received will do much to showcase what is already a beautiful, high end marina in a superb location. The marina will also serve as a filming and photo location for future releases and creatives with our south Florida based media company. You can see the marina by visiting https://sunsetharbouryc.com/

Notice of Funds Disbursement

21 days ago

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

Hello!

As you might know, Mazarine 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 Mazarine 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

So, so close in 2020!!!

28 days ago

To all our investors and followers,


We wanted to take a minute to thank all of you for your support and for believing in our company and our product. Heading into 2021 we are all going through some unprecedented times so now more than ever we truly do appreciate your help.


Thanks to your investments we are very close (~ $2,500) to reaching our first milestone of $45,000... after this the REAL magic starts to happen!


It is interesting to note that our average investment is well beyond 3x our minimum! This is a confidence factor showing that our investors TRULY believe in the product and market need.


So for the 104 people that are following our cause, what are you waiting for? Join our team and vision, invest and help us reach our ultimate goal. Our minimum investment is only $250.


As the CEO of MAZARINE, I will work relentlessly to exceed the expectations of our investors, our company and the Best Dock Box On The Planet mission. We truly do believe we have a product that will revolutionize the marine industry while helping us become an industry leader synonymous with the upscale boating and yachting industry!


Stay Salty!


Jamin Finlaw

Founder & CEO

MAZARINE, Inc.

MAZARINE featured on the Shrimp Tank Podcast!

about 1 month ago

I was recently interviewed on the wildly popular podcast The Shrimp Tank where I discussed the startup journey of MAZARINE, challenges facing today’s entrepreneur, equity based crowd funding on Start Engine and the future of the marine industry. Give it a listen or watch!

https://shrimptankpodcast.com/boston-episode-33-jamin-finlaw-founder-ceo-of-mazarine/

Jamin

Founder & CEO

MAZARINE, Inc.

MAZARINE UPDATE - "Hello December!!"

about 1 month ago

DECEMBER Month to Date UPDATE

After coming off a stellar month last November, MAZARINE has already exceeded all of November sales this month by 56%!

We've seen sales increase not only from avid boaters and customers but as well from holiday gifts, marinas as well as yacht clubs in Florida. This increase is also attributable to word of mouth sales and focused advertising as was mentioned in our November update.

What can you do to contribute to our growth?

  1. Mention MAZARINE to your friends, colleagues, family (after all, you will most likely be together next week!) and anyone you feel would be interested.
  2. Text or email them links to our StartEngine page.
  3. Tag them on our Instagram & Facebook posts.
  4. Invest more in our vision and come along with our success!

What's on the dock for 2021?

Your investments will be going to 3 primary initiatives:

  1. 2021 New Model Release (geared specifically towards the sport fisher and center console boaters)
  2. Infrastructure & Staffing (to improve production time, efficiency & quality control)
  3. Sales & Marketing (increasing our marketing spend, attracting enterprise sales & various boat show and tournament attendance)

Oh, and 1 more thing...

On each update, I want to let investors know "1 more thing" that is of interest to me in the marine space. I am fascinated with the company ALFADAN, who like MAZARINE, has raised capital on the StartEngine platform. I believe that when this product comes to market it will revolutionize the outboard motor space. The product as described will be lighter, more fuel efficient and therefore I believe gain immediate traction in the marine space. While their REG CF investment round has closed, keep an eye on them for opportunity in the future!

As an investor, I am always available to take your questions, comments, ideas & feedback. You can contact me anytime thru the comments section on our campaign page.

On behalf of myself and all MAZARINE employees, I hope you have a safe and enjoyable end to 2020 and are as excited as I am to bring in 2021!

Stay salty,

Jamin

Founder & CEO

Notice of Funds Disbursement

about 1 month ago

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

Hello!

As you might know, Mazarine 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 Mazarine 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

MAZARINE - November 2020 Shareholders Update

about 2 months ago

NOVEMBER WAS A GREAT MONTH!

For the month of November, we really dialed in our marketing efforts and the results were fantastic.

  • In the month of November, our marketing was re-focused to higher return channels
  • This led to a near 50% decrease in marketing spend in efficient channels
  • Our CPA came down nearly 60%
  • Our sales conversion increased over 100%

We are very excited to take this momentum into 2021!

Please spread the word about MAZARINE and encourage your friends, family & colleagues to check us out as well.

Stay salty,

Jamin

Founder & CEO

MAZARINE, Inc.

MAZARINE, Inc. has launched on StartEngine!

about 2 months ago

We are SO excited to have launched our campaign with our friends at StartEngine. For the first 48 hours there are 15% bonus shares available, so if you're wanting to invest in our company and product, there's no better time than now! We look forward to the future!!!

Stay Salty,

Jamin

Founder & CEO

Show More Updates End of Updates

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