Calibre Biometrics offering is now closed and is no longer accepting investments.
INVEST IN CALIBRE BIOMETRICS TODAY!
Unlock the data in your breath
$70,272.44 Raised
Reasons to Invest
- Differentiated and protected technology - Calibre provides scalable access to accurate and informative respiratory data that was previously only available in labs or hospitals. This is achieved with an innovative, wearable product that can be used by anyone, enabled by revolutionary technology that is protected by multiple patents.
- Early move in greenfield space - We believe Calibre to be one of the first to bring breath-based wearables to the consumer market in a scalable way - democratizing access to respiratory data, and in doing so establishing an entirely new - and very large - space in the digital health data market.
- Remarkable upside opportunity - Calibre’s founding team has successfully taken the product through development, manufacturing, and beta testing - and is now shipping regularly to customers - all on a relatively shoestring budget, allowing Calibre to offer a ground-floor investment opportunity with enormous upside.
Overview
The future of respiratory data is Calibre
Respiratory data has been enormously interesting to medical science but out of reach for most people. At Calibre, we aim to provide an accessible way for anyone to track and collect this data whenever and wherever they would like to. The implications are groundbreaking and amazing.
Combining established respiratory science with breakthrough technology, we believe Calibre empowers users to take charge of their metabolism, respiratory wellness, and much more.
Through our game-changing design and technology, Calibre enables respiratory data access to anyone, simply, on a cloud-enabled app. In other words, we are unlocking a hidden trove of personal metabolic and physiological data for millions.
THE Problem & OUR solution
Biometrics of human breath have been appreciated for over a century, but the data has been out of reach for most people
Breath data has been historically only accessible for professional use in laboratory settings, utilizing expensive, cumbersome, complex equipment.
Calibre solves all these issues, thereby unleashing a whole new market.
Proven science shows all our calories are “burned” using oxygen and producing CO2 - that’s breath! Calibre makes this established insight available to everybody - accurately tracking calories used per minute by measuring the oxygen and C02 in exhaled breath. It can even distinguish fat burn from carb burn, isn’t that cool? And perhaps most remarkable, this works in any activity and for any body type. All on your phone, anytime you want.
We are aware that respiratory monitoring machines have been available for years, but they can cost from $10k upwards to $100k - where at Calibre our device is under $400 and usable anywhere. Currently, we are engaged in a B2C model that provides 1:1 sales; however, it is our goal to also offer our products at a large scale through institutions, sports programs, and various partnerships.
Act 2 - Medical Use
Calibre provides an easy way for breath data to be collected securely in real-time to the cloud. As such, we feel Calibre can become extremely beneficial in medical and clinical settings in the not-too-distant future. Calibre could provide caregivers remote patient monitoring capabilities for a range of conditions and purposes ranging from pulmonary and cardiovascular health to sleep and neurological issues. We also believe that Calibre can be a powerful tool for clinical research on a new scale, in terms of what and how participants, can be studied using Calibre devices. At the moment Calibre is not an FDA-approved medical device, but we are planning to apply for FDA clearance in the near future.
The market & Our Traction
The wearables market was valued at more than $100 Billion in 2021* - we believe Calibre is positioned to be an industry leader in its sector
In this expanding market, we feel there has been a glaring absence of products to monitor and track respiratory data. Calibre's technology has the potential to fill that gap and offer key insights through the data collected.
The global wearable technology market size is projected to grow at a compound annual growth rate of 13.89% to reach around $392.4 Billion during the forecast period of 2022 to 2030 (source), and wearable devices specifically in consumer applications could skyrocket up to $212.67 Billion by 2029 (source).
Calibre aims to be an industry leader in these growing markets, and we believe we have made significant headway towards that goal. In anticipation of such potential, we have filed multiple patents (8 pending, one already issued).
Here’s a look at more of our traction...
WHY INVEST
Calibre is on a mission to expand and make respiratory data more accessible for all
We feel that Calibre is poised to disrupt the wearables and digital health market, and believe that our technology's application can expand tremendously with the financial support we need to get there.
Our longer-term vision is to “get serious” about the medical opportunities - moving towards FDA certification, hiring the right experts, and, above all, engaging the medical community.
Calibre is bringing something unique, novel, affordable, and accessible to the market - we believe everyone can have access to their respiratory data through user-friendly wearable technology. Join in on the mission and invest today!
ABOUT
HEADQUARTERS
35 Walnut Street, Suite 100
Wellesley Hills, MA 02481
WEBSITE
View Site
Calibre® is on a mission to democratize access to respiratory and metabolic data. By revolutionizing breath measurement through our affordable, ultralight wearable device, we believe we can make respiratory data available to millions with applications for fitness training, wellness, and eventually a wide variety of medical uses. Our product has recently been launched and is now shipping to customers.
TEAM
Udi Meirav
CEO and Founder
Raviv Shefet
Chief Financial Officer
David Ierardi
Chief Operating Officer
Sean Coakley
Marketing and Business Development
James Ciriello
Director
TERMS
Calibre Biometrics
Overview
PRICE PER SHARE
$2.50
DEADLINE
Mar 21, 2023
VALUATION
$22.75M
AMOUNT RAISED
$70,272.44
Breakdown
MIN INVESTMENT
$500
MAX INVESTMENT
$1,235,000
MIN NUMBER OF SHARES OFFERED
6,000
OFFERING TYPE
Equity
ASSET TYPE
SHARES OFFERED
Class A Common Stock
MAX NUMBER OF SHARES OFFERED
494,000
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | Calibre Biometrics Inc. |
Corporate Address | : | 35 Walnut Street, Suite 100, Wellesley Hills, MA 02481 |
Offering Minimum | : | $15,000.00 |
Offering Maximum | : | $1,235,000.00 |
Minimum Investment Amount(per investor) | : | $500.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Class A Common Stock |
Minimum Number of Shares Offered | : | 6,000 |
Maximum Number of Shares Offered | : | 494,000 |
Price per Share | : | $2.50 |
Pre-Money Valuation | : | $22,750,000.00 |
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Time-Based:
Friends and Family Early Birds
Invest within the first 96 hours and receive 20% bonus shares.
Super Early Bird Bonus
Invest within the first week and receive 15% bonus shares.
Early Bird Bonus
Invest within the first three weeks and receive 10% bonus shares.
Amount-Based:
$1000 + / Supporter
Invest $1,000 and receive 2% Bonus Shares.
$2,500+ | VIP
Invest $2,500 + and receive 5% Bonus Shares.
$5,000 + | VIP + 10 % Bonus Shares
Invest $5,000+ and receive 10 % Bonus Shares, Free product.
$10,000+ | VIP Gold
Invest $10,000+ and receive 15% Bonus Shares, Free product, coaching session with Sean (Co-Founder/Master Instructor).
$25,000+ | VIP Platinum
Invest $25,000+ and receive 20% Bonus Shares + Private zoom call with Chief Executive Officer, Free product, coaching session with Sean (Co-Founder/Master Instructor).
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Calibre Biometrics 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 A Common Stock at $2.50 / share, you will receive 110 shares of Class A Common Stock, meaning you'll own 110 shares for $250. 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 receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments.
ALL UPDATES
02.28.23
Just released - Check out our new Gen 2.0 App!!
The Calibre team is excited to announce the release of our Gen 2.0 app which is now live on both the Apple Store and Google Play as of this week. This is a pretty big deal, and we want to take a moment to highlight why we say that.
The Gen 1 app was utilitarian and accurate, and had some nifty features, but it lacked in several areas that limited the user experience, as well as our ability to scale and expand functionality. The data and all the logic resided locally on the user’s phone and there was no real ability to extract data to the cloud, let alone share it. It was also very awkward to try to push firmware updates to the physical device.
With Gen 2 we started from the ground up and although some of our early beta adopters may see similarities in terms of look & feel, “under the hood” it is a totally new platform. Gen 2 has been built with the following major upgrades: We now have extensibility built into the app which allows us to provide “OTA” (Over The Air ) updates to the firmware in our device, so instead of just having an app that we can update with new roadmap features, we now have parallel ability to update the hardware platform ensuring our customer base a level of future-proofing that wasn’t available in Gen 1.
The functionality is enhanced now with better graphics, off-line data viewing, enhanced help features and a lot more.
Perhaps most important, the Gen 2 app is based entirely on a cloud enabled architecture for data storage, management and visibility. Now – with credentialed protection that is GDPR compliant – the users’ data is securely maintained in the cloud providing a significant layer of access and usability that simply wasn’t there before. For example, think of a “dashboard” that will allow our users to view their data on a laptop or pad, or having the ability to share data with workout buddies, trainers, coaches, etc. And a lot more, coming soon!
02.09.23
Our Community Joins In! | Insider Investment Notice
We're excited to see our community come in and invest in Calibre Biometrics Inc!Our Insiders have invested a total of $1,500 into the offering to date!We hope you join in as well! Invest in https://www.startengine.com/offering/calibre
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
$500
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
Supporter
Invest $1,000 and receive 2% Bonus Shares.
$2,500
VIP
Invest $2,500 + and receive 5% Bonus Shares.
$5,000
VIP + 10 % Bonus Shares
Invest $5,000+ and receive 10 % Bonus Shares, Free product.
$10,000
VIP Gold
Invest $10,000+ and receive 15% Bonus Shares, Free product, coaching session with Sean (Co-Founder/Master Instructor).
$25,000
VIP Platinum
Invest $25,000+ and receive 20% Bonus Shares + Private zoom call with Chief Executive Officer, Free product, coaching session with Sean (Co-Founder/Master Instructor).
JOIN THE DISCUSSION
0/2500
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
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SECURE
Your info is your info. We take pride in keeping it that way!
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