In Force Technology

Advanced Emergency Communication Software

In Force Technology

Advanced Emergency Communication Software

Lynnfield, MA
Technology
Education
IN FORCE911 is a threat alert service for use in schools, hospitals, colleges, government office buildings, and other at-risk organizations. When used in schools, the IN FORCE911 service enables school personnel to instantly and silently send emergency alerts directly to law enforcement officers in their patrol vehicles, the local 911 center and their mobile phone in just seconds. The alert is activated with the mere click of an icon, from any device. Simultaneously, a notification that an alert has been issued is also sent to all teachers and administrators at the school, alerting them of imminent danger. We expect our IN FORCE911 service to reduce emergency response time from minutes to seconds!

$25,862

raised
43
Investors
$12M
Valuation
$7.89
Price per Share
$228.81
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

$25,862

raised
43
Investors
$12M
Valuation
$7.89
Price per Share
$228.81
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

Rewards

Get rewarded for investing more into In Force Technology:

$228+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$1,000+
Investment
Tier 1 perk
F911 Sticker & Face Covering
$5,000+
Investment
Tier 2 perk
F911 Sticker, Face Covering & Stainless Steel Tumbler
$10,000+
Investment
Tier 3 perk
Challenge Coin
$25,000+
Investment
Tier 4 perk
Challenge Coin & Personal phone call with Company CEO
$50,000+
Investment
Tier 5 perk
Personal phone call with CEO, Invitation for in-person or remote Meet & Greet and Challenge Coin

Reasons to Invest

Dr. Joseph Erardi, the former School Superintendent of Newton, CT serves as Senior Advisor and subject matter expert to the company. Dr. Erardi was recruited by Newtown to restore and rebuild the community after the tragedy at Sandy Hook elementary school.
Since introducing IN FORCE911 to the market in late 2018, the Company has approximately 300 total schools and 10,000 total users and continued to grow the business and its customer base despite a global pandemic.
Year over year, the Company has achieved a 95% Customer Retention rate since inception and maintains very low COGS in a serviceable addressable market that is $1.8 billion annually.

Overview


Protecting what matters™

Founders, Don and Brandon Flanagan, set out to establish In Force Technology (“IFT”)  in response to the national rise in active shooter incidents. Our flagship product, IN FORCE911, is designed to reduce police response time, enhance communication among responders, and ultimately save lives. It is our goal to positively impact communities and organizations by creating a safer, more secure environment for teachers to teach, students to learn and employees to work. By partnering with major industry-based organizations, we are on a mission to make our life-saving technology available nationwide.

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The Problem


Response times to active shooter incidents are much too long

The average active shooting situation lasts approximately 5 minutes, with one person shot every 15 seconds (source). But, according to the US Department of Justice, the average national response time to an active shooter incident is 12.5 minutes (source).

Most people don’t realize that when you dial 9-1-1, your call is received by a centralized answering point, before being routed to the local responding agency. This means that the process of routing the initial emergency 9-1-1 call takes anywhere from 2-4 minutes.

Often, it’s too late by the time law enforcement arrives, and statistically speaking, the situation has already ended by the perpetrator either turning the weapon on themself, turning aggression toward law enforcement or fleeing the scene. 

The Solution


IN FORCE911 is designed to save lives by reducing police response time

Realizing that traditional 9-1-1 has an inherent delay in the process, IN FORCE911 was developed to empower teachers, faculty and staff the opportunity to launch an alert, via the app, from any device within arms reach. 

The alert is simultaneously sent to local, responding police officers in three points of receipt: directly to computers inside the police cars, the local dispatch/communications center, and to the mobile phones of officers despite duty status and/or location.

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A teacher under this scenario will send an alert, specific to their classroom location, in 10 seconds or less. During live scenarios, we have successfully sent an alert from the classroom to police responders in-field in exactly 4 seconds.

The Market


Our total market is worth over $1.8 billion annually

Our target market is public schools in the U.S. and correlating police departments, which equates to about 130,930 schools. This market alone is worth $517 million (Source).  

Other applicable markets for our product include municipal buildings ($68M), places of worship ($921M), colleges and universities ($265M) and private K-12 schools ($125M).


The sum of our entire services addressable market plus our total available market equals approximately $1.8 billion.

Our Traction


Major industry partnerships and continued expansion

IN FORCE911 became publicly available in June of 2018. In the last year, IFT has established major industry-based relationships with the AASA (The National Superintendents Association), with 13,000 members nation-wide, and a non-profit foundation called “I Love U Guys”, which is the leading provider of school safety response training and has partnered with 20,000 schools across North America. 

IFT has a customer presence coast-to-coast and has experienced a customer churn rate of less than 5% year over year. This year, we were actually hand-selected to participate in a formal bid for the state of Florida (worth $8M annually). Among our customer sites, we have installed on college campuses, municipal buildings, county courthouses and notably in Worcester, Massachusetts, which has a school district of 50 public schools and 400+ police officers. We have also deployed in secure government locations in the state of New Hampshire.

What We Do


Reaching first responders in seconds, with real-time communication technology

IN FORCE911 is a real-time virtual panic button that notifies and communicates a threat from the point of contact, directly to local law enforcement. Once a teacher initiates a threat from their application (which can run on any device, utilizing any mode of connectivity), an alert is sent within 4 seconds, to law enforcement in the field, the local dispatch center and to cell phones.

Officers are immediately notified of the type of threat, location of threat, name of sender and address of threat location. Law enforcement receives critical information specific to the building under threat, including floor plans, emergency operations plans, aerial photos of the campus and integrated IP camera feeds. The initiating school staff may also send real-time information directly to the first responders, along with every other user in the building, allowing first responders to receive information from multiple points of contact.

The Business Model


We sell directly to school districts and organizations, using an annual subscription

IFT charges an annual subscription fee to both the school district (or other organization) and the correlationing police agency or agencies. The school district pays a site license of approximately $3,000 per school which renews annually (SaaS), as the agreement runs a three-year term. The price increases by 8% annually to account for any major software enhancements.

Law enforcement is charged an annual subscription fee determined by the number of sworn officers. Often times an agency of up to 25 sworn will pay an annual fee of $1,200.  Strategically, once IFT sells to a local or county law enforcement agency, the sales teams will pursue every available opportunity thereafter, including municipal buildings, courthouses, private schools, colleges, and other at-risk facilities.

The average sale is roughly $20,000 based on a three-year contract for an ACV of $60,000. The COGS are only $1,200 monthly/ $14,400 annually, meaning margins are in the high 90th percentile.

How We Are Different


Our versatile technology and data-sharing capabilities set us apart from competitors

We are the only all-inclusive school safety application for school staff and law enforcement. Our technology can be used through any device and with any mode of connectivity (cellular data, WiFi, ethernet) and has indefinite storage capabilities. It is CJIS-5 compliant and FIPS 140-2 compliant. Data is secured and court-admissible under chain of custody and encryption protocols.

Our law enforcement data and information sharing interoperability platform is one-of-a-kind, and our reverse alert notification enables law enforcement to send a targeted alert from the agency to key school administration of an imminent  threat in the area.

The Vision


On a mission to save lives

In Force Technology’s goal in deploying its software is to reduce police response time, increase communications and save lives. We aim to seek an exit opportunity within the next 3 to 5 years. Given the current growth trajectories, market demand, and scheduled software innovations, the company believes this is a very conservative outlook.

OUR LEADERSHIP


Strong leadership, plus a diverse and highly knowledgeable team

IFT was founded by a father-son duo, both with incredibly unique backgrounds and extensive experience in their fields. Recently we hired a chief financial officer whose expertise, guidance and processes have already improved our efficiency and effectiveness. We’ve also brought on Dr. Joseph Erardi, the former school superintendent of Newton, CT, who is one of the most honored and awarded school superintendents in the nation and regarded as the foremost authority on school safety and violence prevention. His contacts and reputation alone have driven new prospective customers to IFT. His background, expertise and vision have made us stronger.

Why Invest


Help us save lives and be a part of the change

We believe IFT is offering a tremendous opportunity to invest in a high margin SaaS business, with the ability to save countless lives and make a major difference for future generations. The company has successfully raised institutional money to date, and has demonstrated its ability to grow, scale and innovate. IFT has high margins, low COGS and a churn rate of less than roughly 5% year over year. Given the company's’ success and demonstrated ability to sell and grow, despite a global pandemic, we believe IFT is on a path of success. Join us and become part of the change our country deserves!

In the Press

How an app can help police, teachers work together in emergency situations
January 1, 2017

This publication in 2019 upon the successful rollout of the IN FORCE911 software throughout the 50 public schools in the city of Worcester, MA. The city of Worcester is the 2nd largest largest city in New England!

Amherst County officials work to keep schools safe
January 1, 2017

This highlights the continued deployment of IN FORCE911 in county school districts throughout the Commonwealth of Virginia. At the time of this publication, IN FORCE911 has been deployed in more than 10 total county-based school districts.

Londonderry to upgrade building security, crisis alert system
January 1, 2017

The presence of IN FORCE911 spans throughout the rural state of NH. This article highlights the deployment of our school safety technology throughout the district's public schools and the expanded use throughout the city's municipal buildings.

Offering Summary


Company

:

In Force Technology, Inc.

Corporate Address

:

230 Broadway, Suite 201, Lynnfield, MA 01940

Offering Minimum

:

$9,996.63

Offering Maximum

:

$1,069,962.90

Minimum Investment Amount

(per investor)

:

$228.81











Terms


Offering Type

:

Equity

Security Name

:

Class B Common Stock

Minimum Number of Shares Offered

:

1,267

Maximum Number of Shares Offered

:

135,610

Price per Share

:

$7.89

Pre-Money Valuation

:

$11,998,425.57











Perks:

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

Further, 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).* 10% Stock Premium for any investor who invests within the first 10 days!

*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Company Perks*

Early Bird

Early Bird Bonus - First 10 days | 10% bonus shares

Volume

Tier 1 perk - ($1000 +) IF911 Sticker & Face Covering

Tier 2 perk - ($5,000+) IF911 Sticker, Face Covering & Stainless Steel Tumbler

Tier 3 perk - ($10,000+) Challenge Coin

Tier 4 perk - ($25,000+) Challenge Coin & Personal phone call with Company CEO

Tier 5 perk - ($50,000+) Personal phone call with CEO, Invitation for in-person or remote Meet & Greet and Challenge Coin

*All perks that occur when the offering is complete must be added right below the company perks.

The 10% StartEngine Owners' Bonus

IFT 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 $7.89 / share, you will receive 110 shares of Class B Common Stock, meaning you'll own 110 shares for $789. 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 canceled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

The Company will not incur any irregular use of proceeds.


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Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$1,369,309.00 USD
$711,639.00 USD
Cash And Cash Equivalents
$22,260.00 USD
$174,920.00 USD
Accounts Receivable
$97,305.00 USD
$12,900.00 USD
Short Term Debt
$1,437,897.00 USD
$336,062.00 USD
Long Term Debt
$341,829.00 USD
$1,018,498.00 USD
Revenues And Sales
$373,632.00 USD
$166,802.00 USD
Costs Of Goods Sold
$107,920.00 USD
$62,459.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$1,515,484.00 USD
-$812,921.00 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

Why Acts of School Violence Will Continue to Increase

3 days ago

For students of Watson Chapel Junior High School in Pine Bluff, Arkansas yesterday marked the the first day of the school's return to in-classroom learning.  At approximately 10:00am gunshots rang out and a 15-year old boy was critically shot while he remains in critical condition.  During the shooting, the school went into lockdown and the assailant fled the building, but was later found by a police K9.  Not one day since the return to the classroom learning and our country has begun to experience the unwelcomed wave of targeted school violence.

Subject Matter Experts across the county have warned and cautioned that once students return to full-time, in-person learning that districts must be prepared to targeted acts of school violence.  The reality is we have a mental health crisis on our hands resulting from the cumulative effects of the pandemic.  Among the many factors several include:  prolonged social isolation, cyber bullying, spikes in domestic violence, increased rates of suicide and depression, and increased substance and alcohol abuse.

IFT's Senior Advisor, Dr. Joe Erardi, the former Superintendent of Newtown, CT who lead the recovery, rebuilding and re-opening of Sandy Hook, stated how important it is to recognize that public secondary schools without the pandemic create anxious students, staff and parents.  He explained that if you layer the pandemic on top of that, you have anxiety and the unknown at a level no one has ever experienced.  He continued to say, “anxiety leads to bad behavior, and off-centered behavior and leads young adults to really bad spaces.”  This year has been like no other, “we have all seen defiance across the country, sadly with celebration.  For kids that want to fall into that lane, have had the opportunity to watch and learn. Coming out of the pandemic, everyone needs to have a laser focus on student and school safety."

The time to Join Our Mission is now - before it's too late and the cascading effect of violence perpetuates across our nation.  I encourage you to consider investing now which will allow IFT to remain steadfast in its mission to enhance school safety and protect both staff and students from horrid acts of targeted violence!

 

Best always,

Brandon Flanagan 

 

Resource: https://www.usatoday.com/story/news/nation/2021/03/01/arkansas-school-shooting-student-killed-pine-bluff/6878759002/

Welcome to In Force Technology

10 days ago

I would like to formally welcome you to the Campaign Page of In Force Technology, Inc! IN FORCE911 is an incredibly unique application because of two extraordinarily important life-saving features. The first, to reduce police response time to a critical event, like an active shooting, from minutes to seconds because time equals lives. Secondly, IN FORCE911 enhances communications with those experiencing the threat, directly with local law enforcement in real-time providing valuable information.   

When calling 911, it can take upwards of 5 minutes to simply route the call from the centralized answering point to the local, responding agency. The problem, of course, is that most active shooting events are over within 5 minutes while the national response time is 12.5 minutes according to the US DHS.  

I am inviting you to join IFT by investing in our socially redeeming mission. With your help, we will remain steadfast in our pursuit to protect school children and teachers from horrid acts of violence – and save lives!

For your review, here is a link to the Company's REG CF Introductory Video: https://drive.google.com/file/d/1d20ikN-NZLbn5rcK_KBKO00OIadtEUeD/view?usp=sharing 


Let's go win!

Brandon D. Flanagan 

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