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GET A PIECE OF ACTIVARMOR

Waterproof, Custom 3D Printed Casts and Splints

At ActivArmor, we believe that everyone should be able to practice basic hygiene like showering and washing their hands, even if they have an injury. Our mission is to improve the safety and quality of life of the tens of thousands of people requiring immobilization worldwide, with waterproof, hygienic, custom-fitted casts and splints. We are a global company, with sales in 6 countries, having given lifestyle freedoms back to thousands of patients to date, and have hundreds of referring providers nationwide.

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

$321,556.93 Raised

Reasons to Invest


  • The casting and splinting market is expected to reach $4 billion by 2027 with a CAGR of 6.1% (source), and we believe ActivArmor is a market disruptor, with our custom, waterproof, sanitizable, hygienic 3D printed casts and splints.


  • Our goal is that our cutting-edge technology can advance the next generation of orthopedics, with the momentum and brand recognition as the leaders in the space, and the potential to revolutionize the way physicians treat fractures.


  • We have established IP (from 3D body mapping, through custom digital design software and 3D printing, with a clinically-tested product portfolio of waterproof, sanitizable immobilization, from on-demand custom-fittable trauma splints to our custom-designed wrist, hand, elbow, and foot casts and splints - available to ANY provider nationwide on iPhone. Can you imagine the international opportunity? 


OVERVIEW


ActivArmor is Changing the Face of Orthopedics


Everyone should have the right to basic hygiene and safety - even if you need to wear a cast or splint. We are global providers of sanitizable, clinically proven 3D printed casts, and with that, we aim to become the standard of care for immobilization worldwide. 


In addition to allowing patients to practice basic hygiene, our products allow patients to wash and sanitize their hands during a global pandemic.


The ability to see and treat the skin while staying immobilized reduces the chance of infection and complication rates. The breathable design, without moisture and bacteria-trapping fabric, reduces skin reactions, irritation, and breakdown. Not to mention the ability to adapt our product for use with bone and muscle stimulators, TENS units, and biomonitors that can improve healing outcomes, reduce healing and rehab times, and reduce opioid use.  The custom-design ensures a low-profile, lightweight, durable, protective, and comfortable cast for every patient’s unique body map.




One size does not fit all!




ActivArmor was established in 2014 by Diana Hall, a Colorado School of Mines graduate in Chemical Engineering.  She was running a mentoring program for children in poverty, who frequently had soggy, smelly, filthy casts after just weeks of care. Diana knew that there was a better alternative to casting and splinting through the use of additive manufacturing and biocompatible, sanitizable plastics. From this need for an innovative solution, ActivArmor was born.


The Problem


Traditional Casts are Not Washable or Sanitizable

Traditional fiberglass and plaster casts have to be kept clean and dry over weeks - but they tend to get smelly and sweaty and dirty, cause skin breakdown, and don’t allow you to practice basic hygiene like washing your hands and showering.  


ActivArmor waterproof, sanitizable casts allow patients to swim, bathe, shower, sweat, and live their normal active lifestyles while healing.



THE solution


Waterproof, Breathable, Sanitizable Custom Designed and Fitted Plastic Casts


Hygienic materials and breathable, custom-fit designs allow for improved healing and treatment options - not to mention freedom for the patients. 


ActivArmor is a support device custom fit to each patient’s unique body, mapped to the contours of the limb for injuries requiring stabilization and immobilization for healing. Used by orthopedic surgeons, PTs, OTs, athletic trainers, and hand therapists for acute injuries like fractures, for chronic conditions like Carpal Tunnel Syndrome, and for diabetic foot conditions, its custom designs make it versatile enough for a range of support applications.


Our portfolio includes the products and services:

  • Waterproof, adjustable, lockable trauma care splint 
  • Sanitizable, washable, custom-designed cast delivery service
  • Full in-clinic custom cast 3D printing package 


Our inventory on-demand trauma care splints (ideal for E.R., urgent care and military use) fit in 1 minute, are waterproof, washable, breathable, and adjustable for changes in swelling. They lock-on for compliance, are reusable, customizable and covered by insurance.



Our full-service custom-designed casts are provided to patients in four easy steps. 

  1. A 3-dimensional (3D) mapping of the injured limb (with iPhone) creates the exact fit for the client, and allows for custom exposures, coverage areas, and offsets.  
  2. The scan is sent to us via Secure Cloud for the custom design and fabrication production. 
  3. The cast is received in 3-4 days.
  4. The patient gets fitted for the custom cast by their physician or our experienced Ortho Technician via tele-health


Our in-clinic automated design and printing package gives providers the ability to fabricate custom-designed casts and splints, print them on-site while the patient waits.



Unlike traditional cast and immobilization methods, ActivArmor is custom fabricated using a high-temperature thermosetting plastic, yielding the unique ActivArmor immobilization device.

 

Here are some facts about our casts:

Our automated in-clinic fabrication package is currently slated for a Q4 release in 2022 - greatly speeding up the time for patients to receive their customized casts. Physicians can use their iPhone scan for the cast. After the scan, the custom design is created in moments and the device is printed on-site while the patient waits.


We have a business model similar to other successful custom-fit medical products that use direct-to-consumer marketing - but what makes us unique is our adoption by the orthopedic and fracture casting market.


Overall, our mature, dynamic business plan is founded on…


  • 2 years of Field Trials and 7 years of commercial sales
  • Over 40 active partnering hospitals and clinics today
  • Hundreds of referring physicians
  • Thousands of happy patients successfully and safely treated


THE Market


The Current Immobilization Market is Huge


The casting and splinting market size is poised to reach $4 billion by 2027 at a CAGR of 6.1% (source).


Not to mention, the additive manufacturing market is likely to reach $5.1 billion by 2026. The personalized medical solutions market, including personalized orthotics and prosthetics, is valued at approximately $10 billion (source). 

We are ideally positioned in the global marketplace, as 3D printing is poised to break into mainstream medicine. Custom wearable medical devices allow for improved comfort, and better adaptation for advanced healing technologies (source). 


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Sanitizable, hygienic materials can improve healing outcomes and patient quality of life - and we believe our products will lead the charge in the orthopedic landscape.


Our Traction


A Proven Product with Proven Process


We are a global company with partners in 5 other countries so far, including Australia, South Africa, Canada, Kuwait, and Greece, with contracts pending in Egypt, Dubai, and the U.K. We fit professional athletes including NFL and NHL players, and have partnering clinics across the country including St. Luke's Medical Center, Children’s Hospital Colorado, Cornerstone Orthopaedics, ABQ Orthopaedics, Jacksonville Orthopedic Institute, Precision Orthopedics, and Sports Medicine, Orthopedics of Illinois, Central Indiana Orthopedics, Northeast Orthopedic Clinic, and Washington Orthopaedic Center, just to name a few.



We have fit thousands of patients and have hundreds of referring providers. And with that, we’ve experienced overwhelmingly positive healing outcomes and patient responses.

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Lately, we’ve been improving our technology even further. In the last 8 months alone, we’ve successfully…


1. Established our new product line of Insta-Armor, waterproof trauma splints (product can be used for patients waiting for their custom cast)

2. Launched our new iPhone app that allows anyone nationwide to perform a 3D body scan and order custom devices (source)

3. Developed a hygienic, waterproof custom walking-boot, proven to offload and reduce infections and amputations in patients with Diabetic foot issues (source)

4. Expanded into multiple new cities and clinics nationwide (source)

5. Established partnerships and begun development of our automated in-clinic custom design and fabrication system


We have patents pending on the custom casts and the trauma splints,   licensed design software being automated, and trade secrets in the design and manufacturing processes.


Our future plans include partnering with clinics to provide in-clinic 3D printing services, reducing the 3-day turnaround for customized casts to just a few hours. We expect this service to become available later this year.


Why Invest


We Want to Change the Standard of Care for Immobilization Worldwide


By providing sanitizable immobilization devices to everyone - we can keep people safe by allowing them to practice basic hygiene.


With global expansion and further market penetration, we believe ActivArmor could, and should, be the standard of care for casting and splinting. 


We see ourselves growing sales, and then either go public, or sell to a company with the resources to help us grow more quickly. And in the meantime, we plan on spending this raise on marketing and sales of our new product line, including the launch of our in-clinic 3D printing package.


We believe we have the momentum and potential to lead in the market, and change the face of orthopedics. By investing in us, you are investing in bringing casting into the 21st Century and improving safety, hygiene, lifestyle freedoms, and patients’ quality of life while healing.



THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.

ABOUT

HEADQUARTERS
2828 Granada Boulevard
Pueblo, CO 81005

At ActivArmor, we believe that everyone should be able to practice basic hygiene like showering and washing their hands, even if they have an injury. Our mission is to improve the safety and quality of life of the tens of thousands of people requiring immobilization worldwide, with waterproof, hygienic, custom-fitted casts and splints. We are a global company, with sales in 6 countries, having given lifestyle freedoms back to thousands of patients to date, and have hundreds of referring providers nationwide.

TEAM

Diana Hall
Diana Hall
Founder/President/CEO

Diana was named Colorado Manufacturing Woman of the year, and has won many awards including the Small Business of the Year award, the Southern Colorado Entrepreneurship Competition’s Social Entrepreneurship award, the regional InnovateHER competition, Nationwide Insurance’s national $100,000 Pitch To Win competition, and is listed as Top 100 Colorado Manufacturers. She has spoken at several venues on the topic of 3D design and printing, small business ownership and start-ups, economic development and entrepreneurship, and has given a TEDx talk on the future of mass customization in design and manufacturing in 2015.  

David Lewis

David Lewis

Chief Financial Officer (CFO)

Dave is part-time ActivArmor CFO, the founder of SwingersTape product line, owner of multiple local businesses, and the Director of Golf at Walking Stick Golf Course in Pueblo, Colorado. 

TERMS

ActivArmor
Overview
PRICE PER SHARE
$1.70
DEADLINE
Nov 4, 2022
VALUATION
$21.87M
FUNDING GOAL
$10k - $5M
Breakdown
MIN INVESTMENT
$170
MAX INVESTMENT
$4,999,999.20
MIN NUMBER OF SHARES OFFERED
5,882
MAX NUMBER OF SHARES OFFERED
2,941,176
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock

Maximum Number of Shares Offered subject to adjustment for bonus shares

Voting Rights of Securities Sold in this Offering

Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

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

Investment Incentives & Bonuses*

$500+ 

Mini-cast keychain set and ActivArmor auto decal

$1,000+ 

ActivArmor investor cap, mini-cast keychain set, and auto decal

$10,000+

ActivArmor plant tour in Pueblo, CO, ActivArmor investor cap, auto decal, and mini-cast keychain set

$50,000+

ActivArmor plant tour in Pueblo, CO followed by coffee with CEO, ActivArmor investor cap, auto decal, and mini keychain set

$100,000+

5% bonus shares, ActivArmor plant tour in Pueblo, CO followed by lunch with CEO, ActivArmor investor cap, auto decal, and mini keychain set

*All perks occur when the offering is completed.

Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested.


ALL UPDATES

REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into ActivArmor.

JOIN THE DISCUSSION

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BM
Benjamin Moore

a year ago

Is the company profitable?

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WJ
William Jacobs

a year ago

Are there any plans to take the company public at some point? I have not worked with StartEngines before. Reading StartEngine's terms and conditions, it is unclear of that path or even if it will be possible to eventually transfer the shares to another brokerage firm where they can be sold at some point. Looking at a significant investment, I want to be clear on these points. Will J

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SZ
Skye Zachey

a year ago

i have a boyfriend that always wears a cast(it's a smelly brace but it mind as well be a cast) for typing..Is it easily removable? if so how do i get him to start using this?

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SZ
Skye Zachey

a year ago

I got a question.. as this is a 3D print.. what's to say if one owned a 3D printer and just printer their own cast? after all they already have the plastic for the printer. even if it's a generic one- it'll still be much cheaper and relatively close comparison and even better if they used your app or another app to scan their own body. How do you intend to combat that?

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YH
Yosef Hertz

a year ago

Hi, had a few questions: 1. Why did you decide to CF this round? 2. Have you had any institutional investor interest/conversations? If yes, do you expect that to progress? 3. What is your revenue prediction for 2024 and 2025? 4. What do you see as the TAM of the casting market? It doesn't seem that big. Can you make a case for how ActivArmor can achieve $100m+ in revenue without controlling 20% plus of the market (which may be unlikely). Would appreciate some context/answers here and then would be great to have a call. I'm considering an angel investment. Thanks for the feedback.

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MH
Mohamed Hatab

a year ago

Hi there, I am very interested in investing but have a quick technical question. I was wondering if you could clarify to me why do you use 3D scanning and later fit the patient with ActivArmor when you can simply give patients insta-armour and adjust it accordingly. Also, it saves an extra visit for the patient in which he gets ActivArmour fitted at a clinic. Thank you

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AS
Adam Sampson

a year ago

The offering details section isn't working.

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DM
Donald Mader

a year ago

Good Concept, My wife and I are interested in investing in this company. Have concerns about your revenue projections also will like to have more information on your past year financials, interested in investing with significant amount. Thank you in advance for this information.

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JR
Jarod Rudisill

a year ago

A couple questions: 1. Why did revenue get cut in half last year from the prior year? 2. What are your revenue projections for 2022? 3. What future products are you considering? 4. Have you considered orthotics for your feet? As someone with high arches and has paid $400 for a pair of custom orthotics I'm assuming 3D printing them would be much cheaper and could be a massive opportunity. 5. Have you considered licensing your technology?

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CB
Christopher Bell

a year ago

Interesting idea, and an area ripe for disruption. A few questions: how much do they cost (e.g., short arm version)? Do you have revenue data yet to justify the $22mil valuation? Do you have clinical data comparing this product to fiberglass cast immobilization? Or at least engineering data comparting stress characteristics? Will this be a cash pay product or are you going to seek payer reimbursement? If the latter, what will this process look like and how far down this road are you? There is already a heat molded option out there that is (arguably) similar to yours: Exos through DJO--how does yours compare to this in terms of cost, stress tolerance, etc? The Exos is quite easy and fast to make and apply, what advantage does 3-D printing have over heat molding? Thanks, CB

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RAISED
$321,556.93
INVESTORS
263
MIN INVEST
$170
VALUATION
$21.87M

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