CNBC
January 1, 2017
Vacationers can have peace of mind thanks to this portable safe company seen on 'Shark Tank'
AquaVault Inc.
Making Travel Safe
Aventura, FL
Consumer Products
Travel/Tourism
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.
$849,203
raised
1,030
Investors
$26.5M
Valuation
$9.63
Price per Share
$346.68
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.05M
Offering Max
0
Days Left
This offering ended on May 01, 2021 and is no longer accepting investments.
Reasons to Invest
AquaVault is approaching $10 Million in lifetime revenue with 200+ resorts, casinos, cruise lines, and theme parks that carry our products.
AquaVault closed a deal on Shark Tank with investor Daymond John and has received media attention from many of the most sought after outlets, including Forbes, Entrepreneur, Good Morning America, The Today Show, CNBC, Fox News, LA Times, Inc., GQ, and the Miami Herald.
AquaVault previously raised over $1M+ from 1400+ investors in an oversubscribed crowdfunding offering in 2019.
AquaTeam Pitching to Investors on ABC's Hit Show Shark Tank
Overview
Anti-Theft Products that Add Peace of Mind
We created our anti-theft travel products so that you can feel at ease knowing your valuables and electronic devices are safely stowed away while you swim, stroll and take on the adventures of life.
The Problem
Tourists, Travelers and Beach-Goers are Major Targets for Theft
Thieves are everywhere and travelers are victimized more than any other demographic. Most victims are targeted before they even get through the hotel lobby. With cell phone prices increasing every year, thieves realize how valuable electronic smart devices can be.
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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 hotel guests were also robbed there on the same day. When we asked the cops how often this happens, they said, "You have no idea how many calls we get a day for this same incident" and we instantly recognized the magnitude of this problem.
The Solution
Lock Up and Swim with AquaVault
At AquaVault, we invented portable travel safes that lock to beach furniture and secure your valuables. Our products are sold at hundreds of hotels and amusement parks around the world. They allow users to lock up their valuables and enjoy added peace of mind.
With a patented design that fits onto lounge chairs, umbrellas, and many other fixed objects, our portable safety products help put your mind at ease, so you no longer have to look over your shoulder or ask a stranger to watch your "stuff". Simply Lock up & Swim!
The Market
At the Cross-Section of the Tourism and Smartphone Industries; there is an Ever-Growing Need for our Products!
Our products satisfy a "need" rather than a "want", as theft is all too common while traveling or visiting crowded places. With cell phone prices steadily increasing and easily north of $1,000 nowadays, thieves are trying to cash in on them. Global travel and tourism is a $7.6 trillion dollar industry (source)-- yes you heard that right, trillion! There were 1.4 billion international tourist arrivals in 2018. (source) Total worldwide cruise capacity is projected to be about 537,000 cruise ship passengers at the end of 2021. (source) In 2016, about 1,300 waterparks operated in North America (source) and 700,000 hotels operated globally (source).
Cellphones play a vital role in modern-day life and, as the worldwide smartphone market continues to grow, so too does the market for smartphone accessories (Source). In 2018, the global mobile phone accessories market size was valued at $224.69 billion, and is projected to reach $284.06 billion by 2026, growing at a CAGR of 3.1% from 2019 to 2026. The global smart lock market size was valued at $1.2 billion in 2019, with more than 7 million units sold, and is expected to register a CAGR of 18.5% from 2020 to 2027 (Source).
Our Traction
Featured on Shark Tank and Other Major Media Outlets, with Sales in the MILLIONS!
We are approaching $10 MILLION in revenue and now have 200+ hotels and amusement parks carrying our product!
Although we expected COVID travel restrictions to cause a decrease in our sales, we made the necessary changes to pivot and redirect our efforts in ways that allowed us to remain strong and potentially surpass last year’s sales In addition to our Shark Tank feature, we have received media attention from Good Morning America, the Today Show, CNBC, Discovery Channel, Los Angeles Times, Fox News, Inc., GQ and Miami Herald.
In 2020, we released three new products with funds generated from our last StartEngine raise, secured new patents, began a retail partnership with CVS, and added new colors and sizes to our FlexSafe line. Our products are sold nationwide and globally with a new European distributor as we plan to continue to scale into the international market.
What We Do
Patented and Trademarked Product Line, Built to Put Your Mind at Ease
With over 8 patents, 7 Trademarks and thousands of raving customer reviews, AquaVault is making itself known in the tourism and mobile accessory industries. Our original AquaVault product is now a commercial lease and rental product that can be rented by resorts to guests looking to secure their "stuff". It has received great rental margins, customer data retention, and recurring revenue.
Our retail ready FlexSafe portable safe bag is slash-resistant, easy-to-pack, and has been awarded Travel Resort Product of the Year (HX Expo- North America's largest resort trade show).
flexsafe gif
Our premium quality Waterproof Phone Cases have a proprietary floating design that keeps your phone dry while you retain full access to your device, and provide a great inexpensive upsell at our current properties.
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ChargeCard™ by AquaVault is an ultra-thin credit card-sized phone & smart device charger that fits in your wallet. It has built-in charging cables for both Apple & Android. ChargeCard is engineered with ultra-fast charging technology and designed to go wherever your adventures lead you.
Chargecard gif
Our Biometric fingerprint lock is USB rechargeable and fully water and dust resistant.
Finger print gif
We are currently adding unique new travel security gear and mobile phone accessories to our inventory, so that we can continue to gain market share in our current market, as well as those adjacent. Our patent-pending designs and features will make these must-have items for travelers and adventure seekers.
The Business Model
Industry Leaders with Many Major Retail Accounts and Revenue Streams
AquaVault is a revenue-generating company with years of experience. We participate in over 12 industry organizations and trade shows annually and sell products and services to major resorts, casinos, and cruise lines. We have landed major retail accounts such as Disney World, Bed Bath and Beyond, Ace Hardware, CVS, and Bass Pro Shop. We have a significant online presence and work with some of the most talented digital marketers and social influencers in the country.
Our revenue streams include:
Online: Direct to Consumer, social influencer, Amazon, web sales
Retail: Bed Bath and Beyond, Disney, CVS, Bass Pro Shops, Ace Hardware & hundreds of smaller shops & coastal stores
Distribution: Global distribution and wholesale partners
Commercial: Rental & lease model (Resort Hotels, Casinos, Waterparks, Cruise Ships)
Promotional Gift Market: ASI and PPAI Member, corporate gift, promotional incentive, rewards points redemption item.
How We Are Different
Superior Quality, Patented Products Unlike any Others on the Market
A key element of our business is our portfolio of patents. No one else can do what we do and we take pride in that! We’ve amassed a rolodex of hotels, casinos, cruise lines, and theme parks with who we remain in constant contact with as we cherish those relationships that took us so long to create- over 200 hotels and amusement parks are already renting or selling our products and that number should only continue to grow.
With our high quality patent-protected designs, we have already achieved critical acclaim from major news stations and media sources, as well as thousands of satisfied customer reviews. Not only has this gained us the trust of millions, but it has also put our brand at the front and center of the market!
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These testimonials may not be representative of the experience of other customers and are not a guarantee of future performance or success.
The Vision
Continued Sales Growth as We Enter the Larger Global Market
AquaVault plans to grow and continue to scale through 2021 and beyond. The business plans to grow by adding new innovative products to the AquaVault brand, increase current market share, cross-sell products to existing customers, and fine-tuning our marketing channels & sales funnels.
OUR LEADERSHIP
Join the Team that Swam with the Sharks and Shaped an Industry
We understand the market potential for our product and we want to offer you a chance to invest in our business and help us grow. In our first year, we did $100k in sales and, a few years later, our sales are in the MILLIONS. Our three founding partners are still involved full-time in the business and continue to work closely with partners and investors. As new investors, we hope you’ll help us increase brand awareness as product users and brand ambassadors!
Why Invest
Because Everyone Deserves to Travel Worry-Free!
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. AquaVault has come a long way, but we still believe we are just getting started. With sales approaching $10 million, it is apparent that there is a huge demand for our products around the world, and when we hear customers say, "where has this been all of my life," we know we’re on the right track.
Our game-changing product has earned the love and trust of thousands of people, so join us at AquaVault and be a part of the solution!
In the Press
Entrepreneur
January 1, 2017
How Getting Robbed at the Beach Inspired a Multi-Million Dollar Business
South Florida Business Journal
Aventura startup that won over 'Shark Tank' investor could add sales jobs in South Florida
Daily Mail
No more sand in your smartphone! Beach locker that clips on to sunlounger promises to keep holidaymakers' valuables safe
Business Insider
10 packing essentials for cruises that will save time, space, and money — from foldable luggage to a portable safe
Offering Summary
Company | : | Aqua Vault, Inc. |
Corporate Address | : | 20533 Biscayne Blvd, Ste. 4947, Aventura, FL 33180 |
Offering Minimum | : | $9,995.94 |
Offering Maximum | : | $1,050,864.12 |
Minimum Investment Amount(per investor) | : | $346.68 |
Terms
Offering Type | : | Equity |
Security Name | : | Class B Non-Voting Common Stock |
Minimum Number of Shares Offered | : | 1,038 |
Maximum Number of Shares Offered | : | 109,124 |
Price per Share | : | $9.63 |
Pre-Money Valuation | : | $26,491,927.77 |
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).
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Early Bird
Friends and Family - First 72 hours | 15% bonus shares
Super Early Bird - Next 72 Hours | 10% bonus shares
Early bird Bonus Next 7 Days | 5% bonus shares
Volume
Tier 1 ($500+)- Newest product ChargeCard and AquaVault Snapback Hat
Tier 2 ($1000+)- Product Bundle= ChargeCard, FlexSafe, Fingerprint Lock, Hat
Tier 3 ($10,000+)- Tier 2 Product Bundle + Golf Outing in Miami with the Team
Tier 4 ($25,000+)- Tier 3 + 5% bonus shares + 15% Lifetime discount
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
AquaVault 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 shares at $9.63 / share, you will receive 110 shares, meaning you'll own 110 shares for $963. 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 might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments.
Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$605,982.00
USD
$235,427.00
USD
Cash And Cash Equivalents
$259,733.00
USD
$90,283.00
USD
Accounts Receivable
$15,643.00
USD
$9,017.00
USD
Short Term Debt
$127,427.00
USD
$17,251.00
USD
Long Term Debt
$267,252.00
USD
$318,399.00
USD
Revenues And Sales
$2,182,811.00
USD
$2,917,242.00
USD
Costs Of Goods Sold
$1,206,972.00
USD
$1,794,348.00
USD
Taxes Paid
$0.00
USD
$0.00
USD
Net Income
-$586,604.00
USD
-$257,486.00
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
AquaVault on CNBC
about 1 month agoWe wanted to share an amazing update.... AquaVault was recently on CNBC! Please take a few minutes to watch the video and read the article. Have a great rest of the week. - The AquaTeam
Video Link
https://twitter.com/CNBC/status/1392168591097798659
Article Link
Thank You for Being Part of Ours Latest Crowdfunding Campaign! Perks?
about 1 month agoHello Everyone,
We wanted to reach out and thank every single one of you for your interest in our company. We are pleased to have concluded another successful crowdfunding campaign and look forward to the continued growth of the AquaVault brand. We have exciting plans and because of your participation, we are now able to expedite the process on these new opportunities. Now that you are all part of the family, please do not hesitate to reach out with ideas, suggestions or ways in which you believe the company can grow.
PERKS?
If you qualified for investment perks, we will begin preparing those packages shortly and get the shipments out in the next two to three weeks (when all investments have been cleared)
GENERAL QUESTIONS?
For all investment related questions please send us an email to info@theaquavault.com with the subject line "Investment Inquiry"
Have a great rest of the week,
The AquaTeam
LAST REMINDER. INVEST IN AQUAVAULT BY MIDNIGHT TONIGHT.
about 2 months agoLAST REMINDER. INVEST IN AQUAVAULT BY MIDNIGHT TONIGHT.
UPDATE***** Campaign Ends at Midnight Tonight.
about 2 months agoWe are extremely happy to have crossed over the 1000 investor mark today. Thank you everyone!
Round Closes in a Few Hours. Tomorrow it Will Be Too Late. Last Chance. $830+ Raised.
about 2 months ago
Thanks to everyone for their support. We will soon be using the recently raised funds to scale ecommerce operations, increase our B2B sales force efforts, & implement our new digital vending systems at resorts, airports, and theme parks nation wide.
Please sign up on our email list to receive regular notifications from AquaVault Inc. so you can stay up to date.
Best Regards,
The AquaTeam
Last Updates- Fast Momentum with 24 Hours Left
about 2 months ago
Only 24 Hours Left To Invest in the Future of Resort & Travel Retail.
Secure Your Investment Today
Only 48 Hours Left- Invest in AquaVault
about 2 months ago
Don't miss your opportunity to invest in a company revolutionizing the travel security & accessory market.
Only 3 Days Left. Secure your investments now.
about 2 months ago
Join over 2400 investors and complete you investment today. AquaVault leads the industry with unique and innovative travel accessories. The company is also revolutionizing digital resort retail with our autonomous vending systems.
Have a great week and don't forget to tell a friend. THANK YOU
The AquaTeam
New Account UPDATE: Only 7 Days Left to Invest.
about 2 months agoAnother great milestone reached!
750+ investors so far in 2021 with only 7 days left to invest. Thank you everyone and have a great weekend.
New retail account at Turnberry Waterpark. Selling ChargeCards and AquaVaults front and center!
Manufacturer Selected & Engineering Begins for New Automated Retail Systems. Made in USA.
about 2 months agoHello Everyone,
As our campaign approaches its closing date we are working hard on our new automated retail systems. We have selected a US based firm in Dayton, OH as our manufacturer. We are also proud to say that the machines will be made right here in the USA. This company has worked with large clients such as Amazon, Jet Blue, Boston Red Sox, AMEX, New Balance, Progressive Auto Insurance, Vanity Fair, Eddie Bauer, & more. We hope to have working models being tested at major hotels and resorts this summer.
More Updates Coming Soon!
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