Overview
Leading the autonomous future of golf retail
Cadi is transforming the traditional golf industry with the first autonomous solution built for golfers. You can now demo clubs right on the course whenever you want. When you find the perfect club, it can be purchased instantly through our self-service kiosk and e-commerce platform. There are no salespeople and no hassles, just golfers with freedom to play the newest equipment. Our team and technology are paving the way for a new hybrid omnichannel that changes how golf products are sold and distributed for years to come.
Currently, Cadi's Application and eCommerce platform are in development phases. The physical Cadi Kiosk is currently available on the market.
Cadi makes it extremely simple to purchase when you are ready. Whether online or in-person, Cadi leverages golf courses to create micro fulfillment centers that fulfill on-demand orders and expedite shipping for online orders. It is instant gratification like the golf industry has never had before.
problem
Today, the only two options to purchase products are visiting a traditional retail store or buying online. Now we are seeing the world change as the COVID-19 pandemic accelerates the shift to more online shopping than ever before. This shift significantly threatens sporting goods because many products, such as golf clubs, we believe are not best sold online.
Golfers need to feel and demo products they wish to buy online. Unfortunately, the majority of golf courses do not effectively sell golf products. The current retail experience only offers unrealistic indoor trials or infrequent demo days. It is no surprise that 90% of golfers prefer to demo products on a golf course or driving range before buying equipment. The result is two-thirds of customers are unhappy with their purchase within 14 days with no option for money back.
The solution
Cadi’s platform is the combination of an autonomous, patent-pending kiosk and an integrated online marketplace. We combine the best of online shopping with the benefits of traditional retail stores. Currently, Cadi's Application and eCommerce platform are in development phases. The physical Cadi Kiosk is available on the market.
Our technology leverages a golfer’s most desired location, golf courses, to create a network of kiosks. Our kiosks give golfers the freedom to demo, compare, and purchase products at their convenience. Cadi uses Big Data and Artificial Intelligence to curate product selection and create a personalized experience for each customer.
Cadi’s online marketplace gives golfers 24/7 access to our platform. A fully connected omnichannel means golfers can interact using any device from any location.
The Market
We recognized that the golf industry is heavily concentrated with little innovation for the past 20 years. Top retailers are either traditional brick and mortar or exclusively e-commerce. No clear leader in the market is seamlessly integrating physical and virtual shopping. This is a large and fast-growing opportunity. Cadi has significant advantages with patent-pending technology and a first-to-market strategy.
Our target kiosk locations are high-traffic public courses in areas with low seasonality and a high density of courses. 80% of all golf courses in the U.S. are public golf facilities, the industry’s “forgotten retail channel” where we aim to expand. We are also pursuing opportunities at entertainment venues, driving ranges, and new-age shopping malls. With the popularity of venues such as TopGolf, golf is seeing record rounds of play and increasing participation at all levels.
Company | : | Cadi, Inc. |
Corporate Address | : | 2032 Convent Place, NASHVILLE, TN 37212 |
Offering Minimum | : | $9,999.65 |
Offering Maximum | : | $2,499,999.79 |
Minimum Investment Amount(per investor) | : | $248.97 |
Offering Type | : | Equity |
Security Name | : | Class B Common Stock |
Minimum Number of Shares Offered | : | 23,255 |
Maximum Number of Shares Offered | : | 5,813,953 |
Price per Share | : | $0.43 |
Pre-Money Valuation | : | $10,051,685.59 |
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Early Bird
Friends and Family - First 72 hours | 15% bonus shares
Super Early Bird - Next 72 hours | 10% bonus
Early Bird Bonus - Next 7 days | 5% bonus shares
Volume
Tier 1 perk - ($500 + perk 1)
Tier 2 perk - ($1000 + perk 2)
Tier 3 perk - ($5,000+ perk 3)
Tier 4 perk - ($10,000+ 5% bonus shares + perk 3)
Tier 5 perk - ($25,000+ 10% bonus shares + perk 3)
Tier 6 perk - ($50,000+ 15% bonus shares + perk 3)
Perk 1- Join the team: 202 Cadi Hat, Subscription to Cadi monthly newsletter, and access to the quarterly updates.
Perk 2- Founders Club: 20% off first order plus all Perk 1 benefits.
Perk 3- Owners Club: Free 2021 Driver from TaylorMade, Callaway, Ping, or Titleist. plus all Perk 1 benefits.
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Cadi, 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 Class B Common Stock at $0.43 / share, you will receive 110 shares of Class B Common Stock, meaning you'll own 110 shares for $43. 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.
Cadi is Back! We are excited to announce the launch of the Cadi campaign 2.0. Cadi has made incredible progress over the last year and anticipating a marketplace release in mid-2022. Community is so important to us, and we are focused on building the most robust community in golf and retail.
We are doing this campaign bigger and bolder. We are planning a great campaign that coincides with the release of our game-changing marketplace and web application. Over the next several months, we will give a deeper look inside Cadi and the technology we are building. In addition, we are investing in content to tell our story and deliver the powerful brand that we all envision.
We need you. Please consider investing today and claim your 25% bonus shares exclusively for the Cadi community. Our investment perks are bigger and better this campaign. Click here to take a look: Cadi's campaign page. We hope to see you in person at one of our events in 2022.
Go Cadi!
Tyler Gottstein
Founder and CEO
The countdown to Cadi's Roadmap Webinar has begun!
If you haven't already, RSVP now for our 'Roadmap' Webinar and see all the latest from Cadi HQ on Friday, 12/3 at 10AM PST. Those in attendance will be the first to hear some major announcements and get an early look at what’s next for Cadi.
We hope you will join us – you won’t want to miss it!
Go Cadi!
The Cadi Team
I wanted to give one last reminder that Cadi's campaign is ending tonight at midnight. We recently passed $1.5m. Join the wave before Cadi closes.
Moving forward, I plan to keep the updates coming on a monthly basis. We really value our investment community. In the short term, I hope to involve the Cadi community to help determine important product features, early A-B product testing, and our first product testers.
Someday I would love to have an event and have the opportunity to meet you in person.
Thanks again,
Tyler Gottstein
CEO & Co-founder
We have reached the finish line. Cadi Campaign ends in less than 10 hours. I want to say...... Thank you!!!!
We are close to $1.5m. That is more than we could have ever imagined. It has been a great journey, but we are just getting started.
All the money raised is being used to GET THE BUSINESS TO THE NEXT LEVEL. It is going to scale and growth. It is not going into people's pockets. We strive every day to ensure that capital is never wasted and can be stretched until we get that exit we are all looking for.
If you have not invested or thinking about reinvesting. NOW IS THE TIME. Thanks again for all the support.
Tyler Gottstein
CEO & Co-founder
Cadi has an experienced and knowledgeable team that is unique to our chosen industry. Cadi is combining multiple disciplines creating a massive competitive advantage and a moat around our technology.
The retail world is evolving to automation, and Cadi is at the forefront of technology. As a result, there is a massive opportunity, and we will capitalize.
Cadi Campaign is ended in ONE day. We would love to have you join the journey. It will be a fun ride. Invest today.
Tyler Gottstein
CEO & Co-Founder
Cadi hires a new Head of Design, partners with a warehouse software firm.
Cadi is making business progress. First, Cadi has hired a head of design for our platform application. She will be leading the platform's user experience, both the Cadi kiosk and the mobile marketplace. Secondly, Cadi has partnered with a well-known warehouse management provider to develop the inventory tracking system and implement a personalized warehouse management system. It is implementing a first-of-its-kind live inventory system in the golf industry. This is a huge step forward for address the golf industry's logistical challenges. These same systems with work with other industries struggling with the same challenges.
You will want to be a part of Cadi's journey. We are creating solutions that are one of a kind and developed with industry expertise. There are only two days left to invest in Cadi. Thank you!
Go Cadi,
Tyler Gottstein
CEO & Co-founder
Cadi has surpassed 1,400,000 dollars in our campaign. There are only 2 days left to invest in Cadi, the future of golf retail. Do not miss out on the
To celebrate, join us for the final webinar of our campaign. Cadi Webinar will take place TOMORROW: On TUESDAY, July 27th at 10 am PST. Matt and I will dive deeper into Cadi, our journey, and the next steps for Cadi.
To attend, please register here: Cadi's Final Webinar with Matt and Tyler.
THANK YOU FOR ALL THE SUPPORT,
Tyler Gottstein
CEO & Co-founder
Hey Everyone,
Only 5 days left to invest in Cadi. Don't miss out. We appreciate all the support and positive vibes. Have a great weekend.
Tyler G.
CEO & Co-founder
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Cadi 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 Cadi 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
ONLY 7 DAYS LEFT TO INVEST! Special last week only perk: Every investor gets Merch.
We are in the last week of our campaign. Every investment from 7/15-7/29 gets a hat regardless of size. Hats are seen below. Join the journey; you will be a part of the testing phase and the relaunch beta testing. It will be legendary.
Thanks again for all the support.
Tyler Gottstein
CEO & Co-Founder
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