ActivArmor

Waterproof, Custom 3D Printed Casts and Splints

ActivArmor

Waterproof, Custom 3D Printed Casts and Splints

Pueblo, CO
Technology
At ActivArmor, we believe that everyone should be able to practice basic hygiene like showering and washing their hands, even if they have an injury. Our mission is to improve the safety and quality of life of the tens of thousands of people requiring immobilization worldwide, with waterproof, hygienic, custom-fitted casts and splints. We are a global company, with sales in 6 countries, having given lifestyle freedoms back to thousands of patients to date, and have hundreds of referring providers nationwide.

$160,695

raised
165
Investors
$21.9M
Valuation
$1.70
Price per Share
$170.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$5M
Offering Max
30
Days Left

$160,695

raised
165
Investors
$21.9M
Valuation
$1.70
Price per Share
$170.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$5M
Offering Max
30
Days Left

Rewards

Get rewarded for investing more into ActivArmor:

$500+
Investment
$500+
Mini-cast keychain set and ActivArmor auto
$1,000+
Investment
$1,000+
ActivArmor investor cap, mini-cast keychain set, and auto decal
$10,000+
Investment
$10,000+
ActivArmor plant tour in Pueblo, CO, ActivArmor investor cap, auto decal, and mini-cast keychain set
$50,000+
Investment
$50,000+
ActivArmor plant tour in Pueblo, CO followed by coffee with CEO, ActivArmor investor cap, auto decal, and mini keychain set
$100,000+
Investment
$100,000+
5% bonus shares, ActivArmor plant tour in Pueblo, CO followed by lunch with CEO, ActivArmor investor cap, auto decal, and mini keychain set

Reasons to Invest


  • The casting and splinting market is expected to reach $4 billion by 2027 with a CAGR of 6.1% (source), and we believe ActivArmor is a market disruptor, with our custom, waterproof, sanitizable, hygienic 3D printed casts and splints.


  • Our goal is that our cutting-edge technology can advance the next generation of orthopedics, with the momentum and brand recognition as the leaders in the space, and the potential to revolutionize the way physicians treat fractures.


  • We have established IP (from 3D body mapping, through custom digital design software and 3D printing, with a clinically-tested product portfolio of waterproof, sanitizable immobilization, from on-demand custom-fittable trauma splints to our custom-designed wrist, hand, elbow, and foot casts and splints - available to ANY provider nationwide on iPhone. Can you imagine the international opportunity? 


OVERVIEW


ActivArmor is Changing the Face of Orthopedics


Everyone should have the right to basic hygiene and safety - even if you need to wear a cast or splint. We are global providers of sanitizable, clinically proven 3D printed casts, and with that, we aim to become the standard of care for immobilization worldwide. 


In addition to allowing patients to practice basic hygiene, our products allow patients to wash and sanitize their hands during a global pandemic.


The ability to see and treat the skin while staying immobilized reduces the chance of infection and complication rates. The breathable design, without moisture and bacteria-trapping fabric, reduces skin reactions, irritation, and breakdown. Not to mention the ability to adapt our product for use with bone and muscle stimulators, TENS units, and biomonitors that can improve healing outcomes, reduce healing and rehab times, and reduce opioid use.  The custom-design ensures a low-profile, lightweight, durable, protective, and comfortable cast for every patient’s unique body map.




One size does not fit all!




ActivArmor was established in 2014 by Diana Hall, a Colorado School of Mines graduate in Chemical Engineering.  She was running a mentoring program for children in poverty, who frequently had soggy, smelly, filthy casts after just weeks of care. Diana knew that there was a better alternative to casting and splinting through the use of additive manufacturing and biocompatible, sanitizable plastics. From this need for an innovative solution, ActivArmor was born.


The Problem


Traditional Casts are Not Washable or Sanitizable

Traditional fiberglass and plaster casts have to be kept clean and dry over weeks - but they tend to get smelly and sweaty and dirty, cause skin breakdown, and don’t allow you to practice basic hygiene like washing your hands and showering.  


ActivArmor waterproof, sanitizable casts allow patients to swim, bathe, shower, sweat, and live their normal active lifestyles while healing.



THE solution


Waterproof, Breathable, Sanitizable Custom Designed and Fitted Plastic Casts


Hygienic materials and breathable, custom-fit designs allow for improved healing and treatment options - not to mention freedom for the patients. 


ActivArmor is a support device custom fit to each patient’s unique body, mapped to the contours of the limb for injuries requiring stabilization and immobilization for healing. Used by orthopedic surgeons, PTs, OTs, athletic trainers, and hand therapists for acute injuries like fractures, for chronic conditions like Carpal Tunnel Syndrome, and for diabetic foot conditions, its custom designs make it versatile enough for a range of support applications.


Our portfolio includes the products and services:

  • Waterproof, adjustable, lockable trauma care splint 
  • Sanitizable, washable, custom-designed cast delivery service
  • Full in-clinic custom cast 3D printing package 


Our inventory on-demand trauma care splints (ideal for E.R., urgent care and military use) fit in 1 minute, are waterproof, washable, breathable, and adjustable for changes in swelling. They lock-on for compliance, are reusable, customizable and covered by insurance.



Our full-service custom-designed casts are provided to patients in four easy steps. 

  1. A 3-dimensional (3D) mapping of the injured limb (with iPhone) creates the exact fit for the client, and allows for custom exposures, coverage areas, and offsets.  
  2. The scan is sent to us via Secure Cloud for the custom design and fabrication production. 
  3. The cast is received in 3-4 days.
  4. The patient gets fitted for the custom cast by their physician or our experienced Ortho Technician via tele-health


Our in-clinic automated design and printing package gives providers the ability to fabricate custom-designed casts and splints, print them on-site while the patient waits.



Unlike traditional cast and immobilization methods, ActivArmor is custom fabricated using a high-temperature thermosetting plastic, yielding the unique ActivArmor immobilization device.

 

Here are some facts about our casts:

Our automated in-clinic fabrication package is currently slated for a Q4 release in 2022 - greatly speeding up the time for patients to receive their customized casts. Physicians can use their iPhone scan for the cast. After the scan, the custom design is created in moments and the device is printed on-site while the patient waits.


We have a business model similar to other successful custom-fit medical products that use direct-to-consumer marketing - but what makes us unique is our adoption by the orthopedic and fracture casting market.


Overall, our mature, dynamic business plan is founded on…


  • 2 years of Field Trials and 7 years of commercial sales
  • Over 40 active partnering hospitals and clinics today
  • Hundreds of referring physicians
  • Thousands of happy patients successfully and safely treated


THE Market


The Current Immobilization Market is Huge


The casting and splinting market size is poised to reach $4 billion by 2027 at a CAGR of 6.1% (source).


Not to mention, the additive manufacturing market is likely to reach $5.1 billion by 2026. The personalized medical solutions market, including personalized orthotics and prosthetics, is valued at approximately $10 billion (source). 

We are ideally positioned in the global marketplace, as 3D printing is poised to break into mainstream medicine. Custom wearable medical devices allow for improved comfort, and better adaptation for advanced healing technologies (source). 


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Sanitizable, hygienic materials can improve healing outcomes and patient quality of life - and we believe our products will lead the charge in the orthopedic landscape.


Our Traction


A Proven Product with Proven Process


We are a global company with partners in 5 other countries so far, including Australia, South Africa, Canada, Kuwait, and Greece, with contracts pending in Egypt, Dubai, and the U.K. We fit professional athletes including NFL and NHL players, and have partnering clinics across the country including St. Luke's Medical Center, Children’s Hospital Colorado, Cornerstone Orthopaedics, ABQ Orthopaedics, Jacksonville Orthopedic Institute, Precision Orthopedics, and Sports Medicine, Orthopedics of Illinois, Central Indiana Orthopedics, Northeast Orthopedic Clinic, and Washington Orthopaedic Center, just to name a few.



We have fit thousands of patients and have hundreds of referring providers. And with that, we’ve experienced overwhelmingly positive healing outcomes and patient responses.

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Lately, we’ve been improving our technology even further. In the last 8 months alone, we’ve successfully…


1. Established our new product line of Insta-Armor, waterproof trauma splints (product can be used for patients waiting for their custom cast)

2. Launched our new iPhone app that allows anyone nationwide to perform a 3D body scan and order custom devices (source)

3. Developed a hygienic, waterproof custom walking-boot, proven to offload and reduce infections and amputations in patients with Diabetic foot issues (source)

4. Expanded into multiple new cities and clinics nationwide (source)

5. Established partnerships and begun development of our automated in-clinic custom design and fabrication system


We have patents pending on the custom casts and the trauma splints,   licensed design software being automated, and trade secrets in the design and manufacturing processes.


Our future plans include partnering with clinics to provide in-clinic 3D printing services, reducing the 3-day turnaround for customized casts to just a few hours. We expect this service to become available later this year.


Why Invest


We Want to Change the Standard of Care for Immobilization Worldwide


By providing sanitizable immobilization devices to everyone - we can keep people safe by allowing them to practice basic hygiene.


With global expansion and further market penetration, we believe ActivArmor could, and should, be the standard of care for casting and splinting. 


We see ourselves growing sales, and then either go public, or sell to a company with the resources to help us grow more quickly. And in the meantime, we plan on spending this raise on marketing and sales of our new product line, including the launch of our in-clinic 3D printing package.


We believe we have the momentum and potential to lead in the market, and change the face of orthopedics. By investing in us, you are investing in bringing casting into the 21st Century and improving safety, hygiene, lifestyle freedoms, and patients’ quality of life while healing.



THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.

Offering Summary


Company

:

ActivArmor, Inc.

Corporate Address

:

2828 Granada Boulevard, Pueblo, CO 81005

Offering Minimum

:

$9,999.40

Offering Maximum

:

$4,999,999.20

Minimum Investment Amount

(per investor)

:

$170.00











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

5,882

Maximum Number of Shares Offered

:

2,941,176

Price per Share

:

$1.70

Pre-Money Valuation

:

$21,868,919.00











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.

Investment Incentives & Bonuses*

$500+ 

Mini-cast keychain set and ActivArmor auto decal

$1,000+ 

ActivArmor investor cap, mini-cast keychain set, and auto decal

$10,000+

ActivArmor plant tour in Pueblo, CO, ActivArmor investor cap, auto decal, and mini-cast keychain set

$50,000+

ActivArmor plant tour in Pueblo, CO followed by coffee with CEO, ActivArmor investor cap, auto decal, and mini keychain set

$100,000+

5% bonus shares, ActivArmor plant tour in Pueblo, CO followed by lunch with CEO, ActivArmor investor cap, auto decal, and mini keychain set

*All perks occur when the offering is completed.

Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested.


The Company will not incur any irregular use of proceeds.


Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$608,876.00 USD
$324,698.00 USD
Cash And Cash Equivalents
$312,131.00 USD
$16,874.00 USD
Accounts Receivable
$27,919.00 USD
$29,918.00 USD
Short Term Debt
$28,021.00 USD
$13,959.00 USD
Long Term Debt
$87,803.00 USD
$105,733.00 USD
Revenues And Sales
$252,493.00 USD
$581,596.00 USD
Costs Of Goods Sold
$99,286.00 USD
$496,072.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$495,884.00 USD
-$319,074.00 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

Research Abstract on ActivArmor just published in IJSPT

2 days ago

North Dakota State University and the University of Pennsylvania had a research abstract on ActivArmor published in this month's issue of the International Journal of Sports Physical Therapy! 

Check it out!

ActivArmor signs contract with the NATION’S LARGEST GPO for physicians offices, specialty clinics and surgery centers

3 days ago

Keep an eye out for a press release with all the details in coming weeks, but we wanted you to get the inside scoop before our investment opportunity closes!

Notice of Material Change in Offering

4 days ago

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

Hello! Recently, a change was made to the ActivArmor offering. Here's an excerpt describing the specifics of the change:


Issuer is extending campaign end date.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

ActivArmor Announces Launch of First Sanitizable, 3D Printed Casting in Latin America

11 days ago


Pueblo, CO – September 20, 2022 – Biomedical technology company, ActivArmor, is partnering with Orthopedic Surgeon, Dr. Felippi Cordeiro in Sao Paulo, Brazil, to bring it’s hygienic, waterproof plastic custom cast fabrication into hospitals and clinics across Ireland and the UK.

ActivArmor’s 3D printed casts are the only sanitizable cast on the market, allowing patients to wash their hands during the Covid-19 global pandemic.   The next-gen casts are completely custom – precisely fitting to each patient using a body scan, and designed per the doctor’s prescription, including the ability to expose post-surgical hardware or incisions, and adaptable for use with ultrasound and other advanced technologies.  ActivArmor orthoses are being prescribed for injuries like breaks, sprains, Carpal Tunnel Syndrome, and Charcot Foot, through their website and in top orthopedic clinics across United States and the Middle East, South Africa, Canada, Ireland, the UK and Australia.

ActivArmor has now partnered with Dr. Felippi Cordeiro, as the first Latin American provider.  Dr. Cordeiro graduated from the Faculty of Medicine of the University of São Paulo, and specializes in Pediatric and Neuromuscular Orthopedics at the Instituto de Ortopedia and Traumatology at Hospital das Clinicas da FMUSP.  He is a Titular Member of the Brazilian Society of Orthopedics and Traumatology and a Member of the Brazilian Society of Pediatric Orthopedics.

“It is an honor to partner with Dr. Cordeiro to bring the latest in orthopedic technology to Latin America,” says Diana Hall, CEO of ActivArmor.  “His expertise in patient care in major hospitals in the Sao Paulo region make him an ideal partner in introducing this game-changing product in Brazil.”

Dr. Felippi Cordeiro says, “ ActivArmor is a revolution in the field of orthopedic immobilization. It guarantees an effective treatment with greater freedom and comfort for the patient. I'm flattered to be part of this project, and I believe the product will be very successful in Brazil”

Update video

15 days ago


ActivArmor Announces Launch in the UAE!

21 days ago

ActivArmor Milestones Achieved!

22 days ago

We'd like to welcome our new partners (over 100 new investors) and thank you for your amazing support in surpassing our first $100,000 investment milestone!  Together, we can help thousands of people around the world by giving them the ability to practice basic hygiene like bathing and sanitizing their hands while healing.

Now we are asking for your help!  Please ask your friends, family and contacts to watch the video at www.StartEngine.com/ActivArmor and join us in our mission.  Follow and share us on Instagram, Facebook, TikTok, Twitter, and LinkedIn.  This opportunity will be over quickly, and the more support we have, the faster we can GROW!

Thank you!



We are launching in Ireland and the UK!

about 1 month ago

Update on International Expansion from Sydney, AU!

2 months ago


We have partnered with Fusion3 3D Printing technology for in-clinic printing!

2 months ago

NFL Team Doctor Talks About ActivArmor!

2 months ago



Press Release - Partnership with Create it REAL

2 months ago

ActivArmor Announces Partnership with Twikit Software Company

3 months ago

Patient Testimonial today!

3 months ago

Check out our social media channels @ActivArmor and #ActivArmor for ongoing patient testimonials!

Thank you for a great launch - and a sneak peek at our shop!

3 months ago
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