AquaVault

Making Travel Safe

AquaVault

Making Travel Safe

Miami, FL
Travel & Tourism
Consumer Products
How would you like to be an early investor in a company with millions in sales and positioned to be the brand leader in the travel security industry? We got a deal on Shark Tank and now it could be your turn to invest like a shark in AquaVault.

$492,814

raised
674
Investors
19
Days Left
$7.00
Price per Share
$18M
Valuation
Equity
Offering Type
$350.00
Min. Investment

$492,814

raised
674
Investors
19
Days Left
$7.00
Price per Share
$18M
Valuation
Equity
Offering Type
$350.00
Min. Investment

Reasons to Invest

Approaching $10 Million in total sales with a projected year-over-year revenue growth of 240%.
Signed a deal on Shark Tank with Daymond John and has already secured 5 patents issued, 4 pending, and 3 global trademarks. Adding tech and data collection to future rental models.
200+ Hotels and amusement parks already offer Aquavault in addition to retailers like Bed Bath & Beyond, Disney, Universal and more.

Where do you put your valuables?

Thieves are everywhere and target travelers more than any other demographic. In seconds all of your stuff could be gone.  Most victims are targeted before they even get through the lobby.


AquaVault Story: Our valuables were swiped from our lounge chairs while swimming.  We turned our back for a few minutes and when we returned, everything was gone.  We discovered several other families were also robbed there on the same day.  We asked the cops how often this happens and they said, "You have no idea how many calls we get a day for this same incident."  Instantly, we recognized the magnitude of this problem.

We protect your valuables on vacation

We started AquaVault by inventing a portable travel safe that locks onto beach furniture to secure your valuables. When you use AquaVault, you can go for a worry-free swim or stroll down the beach.  AquaVault is already offered at hundreds of hotels and amusement parks with millions of new customers to target.


Vacations are supposed to be stress-free.  Our products add peace of mind.  Our patented designs fit on lounge chairs, umbrellas, and many other fixed objects.   Now imagine being in the pool without having to constantly look over your shoulder or ask a stranger to watch all of your "stuff".  Simply Lock up & Swim!  

Don't just take our word for it...

Approaching $10 MILLION in revenue and 200+ hotels and amusement parks is just the beginning

A key element of our business is our portfolio of patents. No one else can do what we do.  Hotels, cruises, theme parks - they are all coming to us.  We already have 200+ hotels and amusement park partners currently renting or selling our products.  


We've Seen Explosive Growth*

  • 2017 --- $3.5 million valuation
  • 2018 --- $7 million valuation
  • 2019 --- $18 million valuation

And we believe AquaVault will remain a market leader.  Our products are sold nationwide but have barely scratched the surface internationally.  International demand is where we see the greatest opportunity for explosive growth over the next few years.  


*These valuations reflect current and previous offering prices set by the company and investors, and may not be indicative of the company's inherent value.

This graph shows our revenue for the past two years, along with our projected revenue for the 2019 calendar year.  Additional information about our past two years of financial operations can be found in our financial statements, attached as Exhibit B to the Offering Circular (see below).  We are currently operating at 15% margin. We plan to increase total income while reducing our cost of goods sold and operating expenses thus increases our gross margins. We are working to reduce our direct cost of goods sold with the manufacturers with scale and yearly projections.  We project that by the end of the year 2019, our costs should include COGS of $2,340,574, total variable costs of $2,996,711, recurring expenses of $858,500 with a total Net Profit of $832,285.


AquaTeam Pitching to Investors on ABC's Hit Show Shark Tank

Building a multi-billion dollar travel security brand

  • Online: Direct to Consumer, social influencer, Amazon, web sales
  • Retail: Bed Bath and Beyond, Disney, Bass Pro Shops, Ace Hardware & hundreds of smaller shops & coastal gift chains
  • Distribution: Global distribution and wholesale platforms
  • Commercial: Rental & lease model
  • Promotional Market: ASI and PPAI Member, corporate gift, promotional incentive, rewards points redemption item.

Our products satisfy a "need" rather than a "want".   We experienced theft first hand and believe nobody should ever have to go through the pain and hassle of having their valuables stolen.   With sales increasing exponentially, it is apparent that there is a huge demand for our products around the world.  When we hear customers say, "Where has this been all of my life," we know we have a brand that will be part of every ones lives.

We are the established leader in the market

AquaVault is a revenue-producing company with years of experience.  We have 5 patents, millions in sales, & increasing global demand. AquaVault participates in over 12 industry organizations and trade shows annually. With a number of different revenue streams, we make money through B2B, Direct-To-Consumer, B2B Rental Revenue / Monthly Subscription, Data Collection.



AquaVault sells products and services to major resorts, casinos, and cruise lines. We landed big retail accounts like Disney World, Bed Bath and Beyond, Ace Hardware, and Bass Pro Shop.  We have a huge online presence and work with some of the most talented digital marketers & social influencers in the country.


Aquavault Industry Event 

  • World Waterpark Association (WWA)
  • International Association of Amusement Parks (IAAPA)
  • Global Gaming Expo
  • Surf Expo
  • Travel Goods Show
  • Advertising Specialties (ASI)
  • Promotional Products Association International (PPAI)
  • & more


Supported by the City of Miami Beach

5 patents, 4 Trademarks and thousands of reviews

AquaVault

Commercial lease and rental product that can be rented by resorts to guests looking to secure their "stuff".  Great rental margins, customer data retention, and recurring revenue.  

FlexSafe

Awarded Travel Resort Product of the Year (HX Expo- North America's largest resort trade show).  Consumer-friendly retail product that is slash resistant & easy to pack.

Waterproof Phone Case

Proprietary floating design provides a great inexpensive upsell at our current properties.  Keeps your phone dry while you retain full access to your device.  Best quality on the market!

New Travel and Sport Gear

Our patent-pending designs and waterproof features will make these must-have items for travelers and adventure seekers.

3 Year Target: Become the YETI of travel security

You're investing in the team that swam with sharks, and shaped an industry

We understand the market potential and want to offer you a chance to invest in our business and help us grow. Our first year we did $100k in sales and a few years later our sales are in the MILLIONS.  The three founding partners are still involved in full time and we continue to work closely with our partners and investors.  As new investors we want you to help us increase brand awareness as product users and brand ambassadors.  

We Created This Market

Our progress and accomplishments speak for themselves and we assure you that you won't find a more dedicated team.  There's a reason that many investors (ie. Shark Tank) put more emphasis on the team than anything else.  Our resilience and tenacity are unparalleled and we hope you will join us as we build the WORLD'S BEST TRAVEL SECURITY COMPANY.  The leadership is in place, we are gaining market share in a growing industry, and we have massive opportunity in the coming years.

Join us in making everyone's travels safer

We started selling one portable safe on the beaches of Miami and now sell a full line of products to hotels, theme parks, cruise ships, casinos, water parks and retailers around the world.  Even though we have come a long way, we believe we are just getting started.   Come join us at AquaVault to help travelers around the world Lock up and Swim with added peace of mind.

In the Press

Vacationers can have peace of mind thanks to this portable safe company seen on 'Shark Tank'
January 6, 2019

Walking away from your valuables to take a care-free swim at the pool or beach can be an unsettling feeling, and with good reason. Three friends discovered that the hard way, and it helped them start a business.

How Getting Robbed at the Beach Inspired a Multi-Million Dollar Business
March 11, 2019

An entrepreneur's greatest asset, aside from talent and discipline, is imagination. It's why they accept the unknown challenges of turning dreams into a reality.

Great Gifts for Travelers
January 1, 2015

It’s a perennial problem at the pool or beach: what to do with your phone, keys, wallet and watch when you head into the water? Enter the AquaVault, a mini-safe that attaches to a lounge chair, bannister, boat railing or bicycle, to keep your stuff safe. Invented by some recent college grads.

Miami Herald

Yes, it’s safe to go into the water with this Shark Tank startup’s invention

Entrepreneur

How a Robbery Led to a Business Idea

International Business Times

How To Get On 'Shark Tank' 2019: Audition And Casting Process Revealed

CNBC

The AquaVault Team wants to put an end to beach bag Theft

South Florida Business Journal

Aventura startup that won over 'Shark Tank' investor could add sales jobs in South Florida

Miami New Times

AquaVault's Cofounder on Life After the Shark Tank Deal

Inc.

10 Gadgets for Getting Work Done at the Beach

The Miami Herald

Will the Sharks Bite on AquaVault

Digital Trends

The Portable FlexSafe will keep your Valuables Secure no matter where you are

Forbes

10 Great Gifts for Travelers

Today Show

9 Gadgets that will make Perfect Gifts for Fathers Day

MSNBC

How a Robbery at the Beach turned into a Multi-Million Dollar Business

Heavy

AquaVault Goes ‘Beyond the Tank’: Interview With Owners

Travel and Leisure

The Best Waterproof Phone Cases for Admittedly Accident-prone Travelers

The Irish Times

Travel Gear

Vulture

The 17 Best Shark Tank Products for Summer

The Telegraph

Portable locker targets beach theft

Slash Gear

FlexSafe kept my smartphone safe at the beach

WCVB ABC

30 travel essentials for under $50

WXYZ Detroit

Mom's a Genius: Local mom shows off must-have summertime product

Bustle

25 Gift Ideas For Travel Lovers To Inspire Their Next Great Adventure

Long Island Press

5 Products for a Cooler Beach Season

Yahoo Finance

The Portable FlexSafe will keep your Valuables Secure no matter where you are

Bold

How Trading Their ‘Suits For Bathing Suits’ Paid Off For AquaVault Founders

Fupping

17 Great Items For Avid Travellers You Have To Buy

Gazette Review

Aqua Vault Update- What Happened After Shark Tank

2Paragraphs

AquaVault: What Happened To Portable Safe After ‘Shark Tank’

Daily Mail
January 1, 1970

No more sand in your smartphone! Beach locker that clips on to sunlounger promises to keep holidaymakers' valuables safe

Pool and Spa News

Top 50 Pool, Spa Products

Haute Living

Boca Beach Club Brings King-Size Beds to “Sea Level”

Inc

4 Insider Tips for Landing a Deal on 'Shark Tank'

Daily Mirror

Nimo and Co. introduces theft-deterrent portable safes to local market

ABC News

Splash into summer with 'GMA' Deals and Steals on must-have products

Offering Summary


Company

:

Aqua Vault, Inc.

Corporate Address

:

20533 Biscayne Blvd, Ste. 4947, Aventura, FL 33180

Offering Minimum

:

$9,996.00

Offering Maximum

:

$1,069,999.00

Minimum Investment Amount

(per investor)

:

$350.00











Terms


Offering Type

:

Equity

Security Name

:

Class B Non-Voting Common Stock

Minimum Number of Shares Offered

:

1,428

Maximum Number of Shares Offered

:

152,857

Price per Share

:

$7.00

Pre-Money Valuation

:

$17,999,996.00











*Maximum subject to adjustment for bonus shares. See Bonus info below.

Early Bird

Day 1-8

10% Friends and Family Early Bird Bonus

Invest within the first 7 days and receive 10% additional bonus shares on your investors. 

Day 8-22

5% Early Adopters Bonus

Invest within the next 14 days and receive 5% additional bonus shares on your investors. 

Other Perks

$500+

Welcome Tier

FlexSafe, Phone Pouch & Owners Hat

$1000+

The "Upgrade" Tier

All of the Above + Early Access to new Biometric Lock

$2,500+

The "Pamper" Tier 

All of the above + Daybed service on your next trip to Miami

$5,000+

5% Bonus + Exclusive Party Invite 

All of the Above + 5% Bonus Shares and Invitation Only Investor Party

$10,000

10% Bonus + Exclusive Party Invite 

All of the Above + 10% Bonus Shares

$15,000

15% Bonus + Meet Daymond John

All of the Above + 15% Bonus shares + Meet Daymond John

The 10% Bonus for StartEngine Shareholders

Aqua Vault, Inc. will offer 10% additional bonus shares for all investments that are committed by StartEngine Crowdfunding Inc. shareholders who invested over $1,000 or made at least two investments in StartEngine's own offerings.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 10 shares of Class B Non-Voting Common Stock at $7 / share, you will receive 11 Class B shares, meaning you'll own 11 shares for $70. 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 for one year from the time StartEngine Crowdfunding Inc. investors receive their countersigned StartEngine Crowdfunding Inc. subscription agreement, unless their eligibility period has been extended through additional subsequent investments in StartEngine's own offerings.

*All perks occur after the offering is completed.

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.

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: Vendor payments. Salary payments made to one’s self, a friend or relative. Any expense labeled “Travel and Entertainment”.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$260,244.00 USD
$960,209.00 USD
Cash And Cash Equivalents
$89,932.00 USD
$167,664.00 USD
Accounts Receivable
$34,186.00 USD
$96,266.00 USD
Short Term Debt
$54,364.00 USD
$790,044.00 USD
Long Term Debt
$293,733.00 USD
$0.00 USD
Revenues And Sales
$2,919,785.00 USD
$1,985,680.00 USD
Costs Of Goods Sold
$1,806,795.00 USD
$913,437.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$245,116.00 USD
$57,832.00 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

This weeks Conference call: New distribution and partners for Aqua Vault. The FlexSafe featured on Fox & Friends this past Saturday!

5 days ago

We'll be hosting a conference call this week covering what we have in the pipeline for International distribution, new notable accounts and future plans for Aqua Vault. 

When: Thursday, October 17th @ 12:30pm EST 

Dial in # 720-835-5125 

Participant Pin # 74613

If you wish to dial in via computer use: uberconference.com/aquavault

Our FlexSafe was featured on Fox & friends this past Saturday morning. Here is the link to the segment:  FlexSafe on Fox & friends

We have reached 600 Investors!! Thank you all so much for your support. Please share our campaign with any friends and family. 


Thank you,

Rob, Avin & Jonathan


New This Week: AquaVault @ Ron Jon Surf Shops & The #1 Luxury Beachfront Hotel in the U.S!

8 days ago

We have secured a partnership with Acqualina Hotels in Sunny Isles Beach, Florida who is rated by Tripadvisor as the #1 Beachfront hotel in the U.S! 


We're also now available at Ron Jon Surf Shops! We're continuing to add more retail and hotel partners.  Please share our campaign and spread the word!


Have a great weekend,

-Rob, Avin & Jonathan

Notice of Funds Disbursement

10 days ago

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

Hello!

As you might know, AquaVault 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 AquaVault 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

500+ Investors. 30 Days Left. Live Q&A Session with Founders this Thursday @ 8:PM EST (Sign Up Now)

10 days ago

We are happy to announce AquaVault has over 500 new investors with 30 days still left in the campaign.   


We will be hosting a live video conference this Thursday evening at 8:00PM EST so please join us to ask any questions.  The discussion on this call will center around our current and new products.  We will host live video conferences each week with different topics relevant and important to our business.


Click here to add this event to your calendar.  Please share the link with anyone you think would be interested.

https://calendar.google.com/event?action=TEMPLATE&tmeid=MjZzN3V1N3AydHRtcG1nbnYwZjg2NmJscWUgaW5mb0B0aGVhcXVhdmF1bHQuY29t&tmsrc=info%40theaquavault.com


Topic: Aqua Vault's Investor Conference Call (current and new products)

Time: Oct 10, 2019 08:00 PM Eastern Time (US and Canada)

Join Zoom Meeting

https://zoom.us/j/211291966

Meeting ID: 211 291 966

One tap mobile

+16465588656,,211291966# US (New York)

+14086380968,,211291966# US (San Jose)

Dial by your location

        +1 646 558 8656 US (New York)

        +1 408 638 0968 US (San Jose)

Meeting ID: 211 291 966

Find your local number: https://zoom.us/u/aco1OfVzVR


New Partnership : NOBU Hotels

15 days ago

You can now find AquaVault for rent at the pool and beach @ NOBU Hotel Eden Roc! We're excited to have our products available for their guests. 


We're always locking up new partnerships and will be sharing more updates with you soon.


-The Aqua Team 


AquaVault lands in Dubai!

17 days ago


We are excited to announce more International progress. In addition to the Atlantis Bahamas, we have now also secured The Atlantis, Dubai and several other properties in the area.

Key highlights:

  • New resort partner: Atlantis, The Palm in Dubai
  • A new retail distribution partner in Yousifi: the largest electronics retailer in the Middle East
  • A new regional wholesale partner: Hospitality Solutions Group
  • A New Top Regional Sales Rep  

We're confident that AquaVault is on the cusp of explosive growth and we look forward to sharing more exciting updates with you.


-The Aqua Team

300K Raised and 400 Investors!

24 days ago

We just wanted to thank everyone for helping us get passed the 300k benchmark. We believe it is our 400th investor that put us past the mark. Next stop is 400k so please help us by referring any family or friends that you believe would be interested in participating in this opportunity. 


Notice of Funds Disbursement

26 days ago

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

Hello!

As you might know, AquaVault 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 AquaVault 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

AquaVault Makes its way to the Beaches of Greece!

about 1 month ago

We're happy to announce that our new distribution partner in Greece has had fantastic results at Balos Beach in Crete.  They will be taking over more beaches around the Greece and also attending a large trade show there later in the year for further exposure. 

Here are a few pictures. Imagine this at every beach in the world! 





More updates to come! Don't forget to share our campaign with any friends and family.


-The Aqua Team 

Closing in on $200k and first funds withdrawal! & New Retail Locations!

about 1 month ago

We're excited to have raised nearly 200k in just a few weeks! We are going to be using some of the funds for Q4 inventory preparations for FlexSafe and our new Biometric lock, in addition to retooling our new rental model for a big Spring '20 launch! We have many hotel partners eager to get our new version out on the beaches and pool decks for next season! We'll be sure to update all of our investors once we finalize that.

After this "Rolling Close" any investor that has cleared will receive their ceremonial stock certificate and will officially be an investor in AquaVault! Welcome  to the family!


We're also so excited to announce some very important additions to our distribution network - Bass Pro Shops and Cabela's! They are the industry leaders in outdoor retail with 171 locations across the U.S. and Canada.

Our presence at these stores is going to significantly increase our reach and awareness in a demographic that we frankly haven't penetrated much to-date. Every year, these stores attract 200 million visitors!



As you can see in the graphic below, our heavy presence at the most popular luxury and mid-tier hotel/resort chains have fueled our growth to-date.

We're also carried at major national retailers like Bed Bath & Beyond, Ace Hardware, and Academy Sports.

Needless to say, Bass Pro Shops and Cabela's are going to expose the AquaVault brand to an almost entirely new audience - hunting, fishing, camping, and outdoor enthusiasts.



Adding these retailers to our distribution network has huge implications for our revenue potential. 

Best,

The AquaVault Team

Notice of Funds Disbursement

about 2 months ago

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

Hello!

As you might know, AquaVault 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 AquaVault 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

AquaVaults Raise was Featured in Times Square!!

about 2 months ago


 We are thrilled that our raise has gotten so much attention that it was featured on the world renowned billboards of Times Square.  It's hard to believe that something we've created from a drawing on a napkin is now being featured for the world to see in the heart of NYC! 


Thank you all for your continued support. Have a great holiday weekend!


FlexSafe on Today Show!

about 2 months ago

Humbled to have the FlexSafe featured on the Today Show this summer! National media attention like this is extremely valuable for the brand and it only increases our position as the market leader in the portable travel safe space. 




Thank you all for your support! 

Campaign Update, Retail Footprint, Newest Product

about 2 months ago

Campaign Update: 150+ investors and over $100k in investments in under 2 weeks! Thank you, we truly appreciate the support from all of you as we grow our company and travel brand.


New This Week


AquaVault expands retail footprint.  

We are humbled to have such amazing store presence in Bed Bath and Beyond around the nation.




Production has started.  

Our newest patent pending product (FlexSafe interchangeable fingerprint lock) will be available for sale September 2019.  

Travel - Sport - Bike - Heavy Duty




Wow. 100+ Investors in the first week.

2 months ago

Our campaign has been off to a very strong first week with 100+ new investors!  Thank you all for your investments and sharing the AquaVault campaign with your friends and family.  Don't forget there is still time to get in on early bird bonuses. 

Welcome and a fast start for AquaVault, Inc.

2 months ago

Thank you everyone for investing and/ or following our campaign.  We are off to a fast start!  If you have not finalized your investment please consider investing today to take advantage of our early bird bonuses.

Show More Updates End of Updates

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