The FireBot Inc. offering is now closed and is no longer accepting investments.

FireBot Inc.

A Device to Detect & Stop Fires

Regulation Crowdfunding
Lorton, VA
Consumer Products
Accepting International Investment
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Help Extinguish Home Fires

Invest in FireBot

A recent report by the National Fire Protection Association sheds startling light on a potential danger nearly everyone faces on a daily basis: home fires involving cooking equipment. "Ranges or cooktops, with or without ovens, accounted for the majority (62%) of home cooking fire incidents and even larger shares of civilian deaths (88%)." (Source)


While building codes in commercial kitchens have required fire suppression systems for many years (Source), residential kitchens are often taken for granted as safe when they could very well be the most dangerous room in ones home.

Every Year, on Average, Home Cooking Equipment is Responsible for:

  • Over 170,000 home fires
  • 5,470 bodily injuries
  • 510 deaths
  • Over $1.2 billion in property damage

(Source)

It's Time for a Solution To Prevent Half Of All Residential Fires

In the U.S. alone, cooking equipment is involved in nearly half (47%) of all reported home fires! (Source).  Smoke, flame, and water damage take their toll every year on individuals and property. Many times the effect is multiplied in apartments and condo dwellings.


FireBot is a small, battery powered, device that will automatically activate in case of a fire to properly extinguish a stovetop fire to prevent damage and injury. 


FireBot inconspicuously attaches to the underside of your range hood, out of sight. It waits until it reads an abnormally high temperature that signals an out-of-control stovetop fire. 


Upon activation, it sprays environmentally friendly, non-toxic, water-based fire suppressant to extinguish a fire -- even a grease fire on all four burners. At the same time, it activates an audible warning alarm, sends a z-wave signal to turn the electric or gas to the stove off and notify the owner or monitoring station of activation or even low battery. 


FireBot costs $45 to manufacture; FireBot will retail for $165. There are over 100 million kitchens in the United States. If we can place a FireBot in just 1% of those kitchens, that's one-million units sold, which equals $165 million in gross sales, and that's just the U.S.!  We hope we can provide the solution to put an end to this yearly problem.

The Offering

$110/share of Class B Non-Voting Common Stock│When you invest you are betting the company’s future value will exceed $2.3M.


For details on the bonus, please see the Offering Summary below.

FireBot hopes to reduce home fires, injuries, deaths, and property damage due to the #1 cause of home fires: kitchen stovetop fires.

What We Have Accomplished So Far

We have working models that perform to the same specifications as the final retail model. It is engineered to pass UL-300A certification testing, which means it can keep a four-burner stovetop fire extinguished for a minimum of 5 minutes. U.S. and International Patents have been applied for. We are on final preparation of our final components, and we have manufacturing facilities ready.


Successful Live Prototype Test!

This FireBot prototype successfully activated in under 15 seconds and extinguished a real-life fire in a situation exactly like those encountered far too often in unprotected kitchens around the world!

Potential and Traction

  • Apartment and Condominium Management Companies: Responsible for 30 million units and their occupants, FireBot would solve a problem on many different levels.
  • Range Hood Manufacturers: Inclusion with new hood installations
  • Home Automation Integration: Currently a $13 billion market and growing
  • Builders and Fire Restoration Companies: With over 166,000 ires per year, a Firebot is a good addition to add to every rebuild.
  • Insurance Companies: We will work toward recommendations and premium discounts to help facilitate sales
  • Boats, RV, Mobile Homes, Military Housing, Aviation: Additional areas of sales
  • Fire Fighters, Fire Marshals: Will recommend installations
  • Local, City and State Governments: To add FireBot to building codes
  • Home Stores and Online Sales: A highway to reach every home
  • Alarm Companies: With 1000s of systems sold and monitored, Firebot's a great addition for their safety networks

Our Original Working Prototype

Prototype #2

Original circuit board with battery housing

What Makes FireBot Different?

Everything. With a solid team laying the foundation, FireBot is poised to be a premier addition to the Smart Home of Today.

WiFi / Z-Wave / ZigBee integration is planned to communicate with smart-home hubs, alert if a fire is detected, and shut off gas/electricity to the range automatically. This will make FireBot an attractive target for acquisition by some of the big players in the rapidly expanding smart-home market.

FireBot’s patent pending design and delivery system ensure superior fire suppressant coverage, and our low power consumption means batteries will last for years. Our replaceable bladder even allows for refills/reuse. We are working closely with the top patent firm, Baker and Hostetler LLC, for our patents. Both National and International Patents have been filed.

FireBot has been working closely with M&M Technology, Harbor Design and Manufacturing, and Clare Controls for invaluable assistance with product design, prototyping and manufacturing. “Flexible, talented and attentive to detail, our assemblers have years of experience for producing quality-conscious work.”

PyroCool Fire Extinguishing Additive used in conjunction with our FireBot Fire Suppression delivery device makes an unbeatable combination to extinguish stovetop fires. PyroCool allows us to use a water-based solution that, unlike other chemicals, is environmental friendly and is non-toxic.

Many homes today, especially new constructions wherein residential sprinkler systems are required by code, give the illusion of safety from home fires when nothing could be further from the truth. Home sprinklers, while certainly a great step in the right direction (as shown in the photos below from a NIST report), still leave the victim of a home fire (or their insurance company) with many thousands of dollars in repairs to not only the cooking equipment, but also nearby walls, ceilings, cabinets, countertops, etc. 


These types of damages are where FireBot really stands out from the status quo of home sprinkler systems. By reacting to the fire sooner than sprinklers and limiting the area in which it acts, FireBot prevents many types of damage than one can still expect from traditional fire suppression technologies.

Without A Suppression System

With Only a Sprinkler System

With FireBot

Basically no damage!

FireBot is a Necessity for Everyone

Marketing Strategy

Eventually we envision FireBot as a regulatory necessity, much like residential smoke alarms and sprinkler systems have become in many municipalities. 


Long terms goals include:


  • Lobbying for inclusion in building codes
  • Working with kitchen appliance manufacturers to have FireBot technology built into all new range hoods. 


In the short-term we are focusing on 30 million multi-family housing (apartments, condos, assisted living facilities) both through:


  • Direct sales
  • By working with insurance companies 


We want to be able to provide property owners with lower premiums in exchange for installing FireBot in their units. With all the money that goes into replacing damaged property after home fires, this is a win-win for all parties involved.

There are over 100 million kitchens in the U.S. alone. If we can sell a FireBot to just 1% of these potential customers, FireBot Inc. would anticipate gross profits of $120 million!

Leading Causes of Home Cooking Fires

Click here to read the full report from the National Fire Protection Agency

Source: A Report by Marty Ahrens of the National Fire Protection Agency (NFPA), "Home Fires Involving Cooking Equipment," November 2017.

Some Logical Thoughts in Today's Illogical World

Residential fires caused by stovetop fires cause $1.1 billion worth of damage per year, 480 deaths, and 5,000 injuries. Displacements of families while repairs are being made while incurring deductibles and temp-housing costs lead to the loss of millions of dollars more.


We already spend money to prevent and contain fires. We use sprinkler systems, commercial range hood systems, smoke detectors, state-of-the art fire departments and all sorts of UL fire ratings for locks, doors and construction. 


Why not just stop the fire before it starts? When you install FireBot, you have an instant device to not only warn but also extinguish a fire.


We have all kinds of wonderful car safety devices, costing thousands per car, and we of course are glad to pay. Why not add a $165 device to your stovetop to save billions of dollars in damage, deaths, and injury? 


If FireBot is installed in all kitchens it would cut residential fire department responses in half. City, County and city budgets would love FireBot savings. Consumers and Insurance Companies save money and heartache.


So, Invest in Firebot Today!

Firebot, Inc. has received a Verified Check from CrowdCheck for the purposes of raising $106,920 in an offering of the company’s Class B Non-Voting Common Stock on StartEngine (the "Offering").  The Verified Check looks for evidence indicating that the company is a legitimate venture conducting the type of business it claims, is properly incorporated and is in good standing with a US state, and meets all legal requirements to seek investment through an online securities offering.  The Verified Check confirms that the company is complying with the requirements of the Securities and Exchange Commission’s Regulation CF. In conducting the Verified Check, CrowdCheck obtains information and documentation directly from the company and from other sources that support statements made by the company.  The Verified Check additionally looks for evidence to confirm material assertions made by the company in the Form C filed by the company.  CrowdCheck has been able to obtain sufficient evidence from Firebot, Inc. and outside sources to provide Firebot, Inc. with a Verified Check.

Offering Summary

Maximum 972 shares of Class B Non-Voting Common Stock ($106,920)

*Maximum subject to adjustment for bonus shares. See 10% Bonus below

Minimum 90 shares of Class B Non-Voting Common Stock ($9,900)


Company
FireBot, Inc.
 

Corporate Address
8816 Hampton Station Ct Lorton Va 22079
 

Description of Business
Manufacturer of stovetop fire suppression system
 

Type of Security Offered
Class B Non-Voting Common Stock
 
Purchase Price of Security Offered
$110
 

Minimum Investment Amount (per investor) 
$110










The 10% Bonus for StartEngine Shareholders

FireBot, Inc. will offer 10% additional bonus shares for all investments that are committed by StartEngine Crowdfunding Inc. shareholders (with ≥ $1,000 invested in the StartEngine Reg A+ campaign) within 24 hours of this offering going live.

StartEngine shareholders who have invested $1,000+ in the StartEngine Reg A+ campaign will receive a 10% bonus on this offering within a 24-hour window of their campaign launch date.  This means you will receive a bonus for any shares you purchase.  For example, if you buy 10 shares of Class B Non-Voting Common Stock at $110 / share, you will receive 1 Class B Non-Voting Common Stock bonus shares, meaning you'll own 11 shares for $1,100.   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.

Irregular Use of Proceeds

The company does not anticipate any irregular use of proceeds from this offering.

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Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
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Cash And Cash Equivalents
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Short Term Debt
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Long Term Debt
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Revenues And Sales
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Costs Of Goods Sold
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Taxes Paid
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Net Income
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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

Amending our Securities Offering

over 1 year ago

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


Firebot, Inc. has decreased their maximum funding goal and updated their 2017 financials.


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.

Progress with Circuit Board

over 1 year ago

Thanks to your investment we are progressing on our commercial version of our circuit board. We are adding Z wave communications and making the board snap in with all components soldered on vs wire connectors making installation possible in 2 seconds to the housing. We should have design specs to M&M Technologies(board manufactures) to produce prototypes for testing. Housings and Suppressant bag configurations are also in process. Will fill you with drawings as soon as finalized. MB 

Notice of Funds Disbursement

over 1 year ago

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

Hello!

As you might know, FireBot 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 FireBot 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

Update On FireBot Development

over 1 year ago

We are getting design specs for 5 pieces, the sled thin profile housing, the pump housing, and the suppressant bag housing.  We want to make them independent structures but also able to unitize them together. The thought is we can reconfigure as needed to fit different stovetops and stovetop different applications. Next the extension tubes and last but not least the vector manifold. Next on the list suppressant bag and quick connect fittings along with circuit board modifications upgrade. All we need with the pump is custom compression fittings so our tubing can fit tightly on the pump apertures. Pretty far with using only 6K.

 With 65K we will have completely working commercial models

Fund Raising Update

over 1 year ago

Fund Raising Update

We are in process of starting the development of the commercial components for the production of FireBot thanks to all who have purchased shares. We have hired a company to do created detailed specs and drawings ($6000) for each of our components we need. Once done we will seek out vendors to create each part for our retail product, with detailed specs we can use multiple vendors or select ones with best quality, speed or value.

We are also preparing an email blast to go out to 240,000 firefighters, insurance agents and apt and condo management companies. Time to open the funnel. If we get 3000 buying one share we will be there financially.  That would be the way to go not only spreading out the opportunity but also it allows allied partners to be a part of FireBot

Also I am presenting at Startup Social April 19th.  Plus lining up presenting at other Angel and VC functions. You never know.

Notice of Funds Disbursement

over 1 year ago

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

Hello!

As you might know, FireBot 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 FireBot 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

Component Development

over 1 year ago

Thanks to all for initial investment, FireBot is able to move forward in product development and design.

We are currently designing an all-in-one electronics package that I have nicknamed the "sled." It consists of an extended circuit board with a thin, low-profile housing. The "sled" unit can be attached directly to the range hood or microwave with the pump and suppressant bag mounted elsewhere. Most importantly, the "sled" can be assembled much more quickly, as all of the sensors and electronics are attached to a single board that is simply snapped into the housing.



Our other new innovation is a vector manifold chamber, which is used to change the direction of the suppressant from the pump to the spray nozzle(s). Its design is so unique that I unfortunately can't tell you more until the patent for it is filed with the USPTO, but I can assure you that it is cool. This design has never been done before, solves a problem, and is inexpensive to make. This only adds to the list of significant competitive advantages FireBot will bring to the market, and further cements our belief that FireBot will be a success.

To continue growth we will now open up the investment funnel to over 27,000 fire departments across the country, with a total of over 1.5 million firefighters. We only need 3,000 individuals to buy one share each in order to fully reach our goal and there are only a limited number of shares available! FireBot currently works, is tested to meet UL-300A benchmarks, and will fill a huge void in the fire prevention world. Our hope is that it won't take long to sell out the remaining shares and reach our funding goals.

Please take advantage of this early notification to buy additional shares before they are gone. And tell a friend. You can be part of this wonderful mission to save lives, prevent injury and eliminate property damage.  

Thanks Mark

Development progressing- New Sled design for electronics

over 1 year ago



One of the more innovative features our product laboratory has come up with is a low profile electronics sled. In it, we will house the circuit board, batteries, temperature sensors, piezo alert and LED light. This low profile electronics package is idea for mounting underneath of decorative hoods, microwave range hoods as well as your standard range hoods. The pump and suppressant can be in a different housing in the vent fan area, in the wall or even up to10 feet away. Note, the sled is also good for lower production costs and streamlined installation. Easy to mount with just two wires to the pump and you are ready to go. However, the manufactures do not do the prototype work for free. So even off to a good start we are progressing as fast the budget will allow so tell your friends.

FireBot update 03/06/2018

over 1 year ago

FireBot update 03/06/2018

A Big Thank You

It has only been 7 days on StartEngine and the response has been fantastic. Our fundraising is progressing along at an amazing rate. Dollars are adding up, thank you again for all the trust in have in FireBot.

Your early support has enabled us to start development of our commercial product.  We are setting up the final parameters of our commercial product. We will post pictures of design mock-ups for you to view progress.

If you haven’t invested yet, invest what is comfortable one share, or many all are greatly appreciated. If you have, be sure to pass the word about FireBot to friend.

Attracting Investors to get the job done. (Our product to market)

We have sent FireBot alerts for investment to friends, family and fans to help get us to our funding goal. They will add to our early totals.

Through our StartEngine site we have also been contacted this past week by two large fundraising groups and given the chance to present the FireBot story and possibly raise additional capital via their angel and venture capital members:

Commercialization Center for Innovative Technologies (CCIT)
675 US Highway One
North Brunswick, NJ 08902
Presentation: Monday March 5th, 2018 at 4:00 PM
Better Methods Raising Angel Capital
http://entreuniv.org/
Angel Venture Fair
Union League
140 S Broad St
Philadelphia, PA 19102
Presentation: May 4th 2018
https://www.angelventurefair.com/

Seeing Into The Future

We feel we have a similar product with the same potential as the Nest Thermostat (bought by Google for 3.2 billion dollars) and, just recently, the Ring Door Bell (purchased by Amazon for 1 billion dollars).

Even with this strategy in mind, we believe FireBot has a huge potential to succeed on it's own. There is a market of over 100 million kitchens in the US alone. If we are good enough to place FireBot in just 30% of those kitchens, that would translate to estimated 5 Billion dollars in sales. That would also suffice.

Our main goals for FireBot are as follows:

  • A commercial-ready product when funding reaches $65k
  • A UL-300A rating with $35k - $75k additional funding ($100k - $140k total)
  • A dividend *at least* equal to your investment paid when FireBot sells its 10,000th unit

Please follow the link to FireBot on Start Engine: https://www.startengine.com/firebot. We would love to have every one of you on board with us for this exciting journey.


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