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Vacationers can have peace of mind thanks to this portable safe company seen on 'Shark Tank'
Get rewarded for investing more into AquaVault Inc.:
AquaTeam Pitching to Investors on ABC's Hit Show Shark Tank
Overview
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
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
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
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
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
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).
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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.
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Our Biometric fingerprint lock is USB rechargeable and fully water and dust resistant.
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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
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
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
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
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
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!
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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 |
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.
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.
We are extremely grateful to be featured by the long standing Readers Digest in our quest to make AquaVault a household name!
How to Be More Productive in 2021, Based on Your Zodiac Sign.
https://www.rd.com/list/how-to-be-more-productive-based-on-your-zodiac-sign/
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, AquaVault Inc. 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 Inc. 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
We are proud to announce we have passed our $100,000.00 milestone. Learn more about our offering and invest today.
Happy New Year from the AquaTeam
We are thrilled to have our ChargeCard featured on a national Fox News segment. We are very optimistic about the future of this product and look forward to what we hope will be an amazing 2021. Wishing everyone a Happy New Year and thank you all so much for your continued support. We look forward to speaking soon.
Best regards,
The Aqua Team
We wanted to take this opportunity to thank Forbes for picking our products as the top gifts (as well as the top placement) for 2020. We appreciate support as always and will continue to provide great products and services through the 2020's.
Check out the full article here.
Thank you everyone for investing and 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.
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