GET A PIECE OF HITCHECK
Technology to Protect Your Brain
$76,442.70 Raised
REASONS TO INVEST
The US market consists of 245 million Americans at significant risk of cognitive impairment including 126 million sports team members, 20.6 million military personnel and veterans, and 98 million Americans ages 55 years and older.*
HitCheck has secured a key partnership with the NFL Alumni Association and proudly serves the US Department of Defense through contracts and grants awarded by the Army and Air Force.
The HitCheck app is patented (US Patent #11154227 B2) and is an FDA-registered Class II Medical Device.
***Market statistics provided by Statista and Sports Market Analytics (source / source / source / source)
Revolutionizing the way head injuries are detected
Aimed at helping athletes, military personnel and active individuals, HitCheck meets the needs of a massive, yet underserved market. The app enables users to collect comprehensive and objective data on their lifelong brain health, which can then be shared with medical professionals, athletic trainers, and health care providers.
*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.
The Problem
Undetected concussions are a public health crisis
3.8 million sports related concussions occur annually, with many more going undetected. 69% of athletes report having returned to play while experiencing concussion symptoms, and 50% of US Veterans experienced at least one head injury during service. TBIs (traumatic brain injuries) have been identified as one of the signature injuries of troops wounded in Afghanistan and Iraq, with over 430,000 active-duty military TBIs since 2000. In addition to their emotional burden, the economic burden of TBIs in the US is estimated to be approximately $76.5 billion.
Most athletic and military organizations are underserved by using complicated testing methods for head injuries, as they fail to collect valuable data to make critical health decisions. Additionally, most existing assessment tools and practices are either dated and unreliable or extremely costly and require patients to visit a lab or medical clinic.
The Solution
Immediate Brain Health Assessments - Anytime, Anywhere
Our patented video game-like cognitive tests track users’ unique brain performance over time, resulting in comprehensive, user-specific data that can be shared with medical professionals, athletic trainers, and health care providers. HitCheck is an FDA 510(k) Exempt Class II Medical Device that can be administered from a smartphone through fun and interactive “brain games” that can be completed in 7 minutes.
Designed to help large organizations prioritize brain health, HitCheck’s easy-to-use dashboard enables teams, schools, leagues and military units to manage the entirety of their players and personnel from one convenient app.
We offer affordable annual subscription plans with various pricing options suitable to organizations of all sizes – averaging about $3.50 annually per subscriber. With strong customer satisfaction and high annual renewal rates, HitCheck delivers a practical solution to the problem of undetected concussions, all for the price of a school lunch.
The Market
HitCheck serves a huge market eager for an affordable and accessible solution
Our potential US market consists of 245 million Americans at significant risk of cognitive impairment. This includes 126 million sports team members, 20.6 million military personnel and veterans, and 98 million senior citizens. The global sports technology market is worth $17.9 billion and is expected to reach $40.2 billion by 2026.
While most of our competitors offer tests that must be administered in a clinic, HitCheck is one of the first companies to market a smartphone cognitive assessment aid that provides immediate results. Our comprehensive cognitive assessment tool offers a video game-like, immersive experience that our subscribers love!
Our Traction
Proudly serving the US Department of Defense and 5,000+ teams across youth leagues, school districts, colleges and universities nationwide
HitCheck was registered as an FDA Exempt 510(k) Class II Medical Device in 2017, and the app was launched for IOS and Android at the beginning of 2018. In the summer of 2019, we closed $2.3 million in convertible notes, and we reached 200,000 subscribers; by late 2021, we secured both a patent (US Patent #11154227 B2) and a key partnership with the NFL Alumni Association.
The US Army awarded HitCheck a $108,000 development grant and the US Air Force awarded HitCheck two R&D grants for $50,000 each. Our other notable partnerships include Baylor Scott & White Health Care and Hamilton Health System. Not only do we serve the US Department of Defense, but our app is also used by 5,000+ sports teams and schools such as Texas Youth Football & Cheer, Pepperdine University, Play USA Rugby, and University of Portland.
Why Invest
HitCheck’s revolutionary technology is changing the game for good!
We believe that HitCheck will become the leading cognitive assessment test on the market, serving athletes, first responders, members of the construction and industrial workforces, veterans and military personnel, among others. We are also currently conducting additional R&D for the US military, pilot-testing a speech analysis add-on and developing a version of the app for the early detection of dementia.
With 245 million Americans at significant risk of cognitive impairment, there is finally a simple solution that allows for early detection and proper treatment!
HitCheck has the potential to help millions of people prevent and delay the effects of degenerative brain diseases, by making it easy to screen for signs of concussion/TBI, and possibly dementia, in minutes. As our subscriber base continues to grow, we couldn’t be more excited for what the future holds. We hope you will join us in leading the way toward better brain health for all!
ABOUT
HEADQUARTERS
1225 4th Street
San Francisco, CA 94158
WEBSITE
View Site
HitCheck is helping to solve the worldwide health crisis of undetected concussions common among athletes and military personnel. The smartphone app’s patented, video game-like technology screens nine cognitive brain functions in just seven minutes. HitCheck produces an immediate brain health assessment – anytime, anywhere – providing medical professionals, athletic trainers, and active individuals a tool to assist in quickly identifying signs of concussion.
TEAM
Mike Piha
Co-Founder, Chief Executive Officer & Board Member
One of Mike's true life passions is coaching youth football. For more than 30 years, he's volunteered his time to coaching and inspiring young athletes, many of which have gone on to play college and professional football.
As co-founder of the NorCal Youth Football league, he has brought the game to more than 7,000 youth and in 2010, Mike was inducted into the American Youth Football Hall of Fame.
Dr. Jake Benford
Co-Founder & Chief Medical Officer
Jake began his healthcare career in 1988 as an athletic trainer. After working with the NFL's San Francisco 49ers, he knew his true calling was in sports medicine and enrolled in medical school to start the next chapter of his career. In his two decades as an MD, Jake has worked with multiple professional, college, and high school athletic programs including the San Francisco 49ers, the NBA Development-League Santa Cruz Warriors, UCSC, and Cabrillo College.
Dr. Benford's primary occupation is working at CEP America LLC - Vituity (Mercy Emergency). He works 6-10 hours per week at HitCheck.
Brian Jian, MD, PhD
Chief Medical Advisor
Brian serves as a Neurosurgeon at Kaiser Permanente focusing on Cerebrovascular, Skull Base, Complex Spine, and Deformity.
Brian leads the HitCheck data science and FDA efforts. He has a Bachelor of Arts (BA), Bachelor of Science (BS), Neuroscience and History and Philosophy of Science (HPS), Doctor of Medicine (MD), and Doctor of Philosophy (PhD), Neurosciences from the University of Pittsburgh and University of Pittsburgh School of Medicine Medical School with a residency at University of California San Francisco Neurosurgery.
Brent Jones
Athletic Advisor
As the Co-Founder and Managing Director of Northgate Capital in March of 2000 - he and his business partner, Tommy Vardell, raised $5B and worked alongside the premiere venture capital firms in Silicon Valley. Brent has been the keynote speaker at some of the valley's most high profile companies, including Cisco, Google and Palo Alto Networks and has led investments in many exciting start-ups over the past 16 years. Some of these include Carbon3D, Palo Alto Networks, Admob, Meraki, Ring Central, Drawbridge, and Blue Danube.
Marques Colston
Athletic Advisor
He is the Saints' all-time franchise leader in receiving yards, yards from scrimmage, receiving touchdowns, total touchdowns, and total receptions.
Rick Mirer
Athletic Advisor
After retiring from football, Rick formed a new team and created Mirror Napa Valley. Mirror’s premium collection of Napa Valley wines has grown from start-up to an established brand. Rick has led this team and continues to run the business, even as his efforts have extended to growing his foundation.
Rick has been married to his wife, Stephanie, since 1994. They have three active sons; Morrison (23), Oliver (21) and Charlie (18).
David Brekke
Business Advisor
Allison Kumar
FDA Regulatory Consultant
Junior Bryant
Athletic Advisor
Dayne DuVall
Senior Advisor
Dayne is the Dementia Education Coordinator at NSU Florida, Dr. Kiran C. Patel College of Osteopathic Medicine, where he conducts research on concussion and dementia and serves as an adjunct lecturer. Dayne has a BA in Business Administration from Liberty University.
Nishit Rathod
Chief Technology Officer
Audiolife provided innovative services in the music industry and helped hundreds of thousands of clients including such accomplished artists as Paul McCartney, Rihanna, and Eminem. Audiolife was acquired by Alliance Entertainment in 2012.
GoodThreads provided integrated merchandise solutions for nonprofits and vendors to nonprofit organizations. GoodThreads was acquired by Zazzle in 2014.
Robert Lerner
Chief Financial Officer
He currently serves on the board of KeyPoint Credit Union, a $1 billion credit union serving Bay Area technology employees, as well as with the Peninsula Chapter of Amigos de las Americas. He is also active in Financial Executives International (FEI). Robert earned his Bachelors's Degree in Accounting from Marshall University and his MBA from Georgia State University.
Jordyn Rortvedt
Customer Experience (Consultant)
Jordyn is an avid runner - and as a mom of 3, spends much of her time chasing down energetic little ones in Broomfield, Colorado.
Geoff Wilson
Business Advisor
Former CEO of KPMG Australia.
Robert Simpson
Board Member & Business Advisor
Jamie Schlueter, MD
Medical Advisor
Jamie is used to working with athletes. In addition to her hospital job, she's the team doctor for the Portland Thorns and for all University of Portland's men's and women's athletic teams, she also was an athletic trainer for the US Olympic Summer games in Los Angeles and a team MD for the XXII Winter Olympic games in Sochi, Russia.
Jamie is a graduate from Texas Tech University Health Sciences Center School of Medicine, where she received her medical degree.
TERMS
HitCheck
Overview
PRICE PER SHARE
$0.53
DEADLINE
Jun 30, 2022
VALUATION
$12.25M
FUNDING GOAL
$10k - $1.07M
Breakdown
MIN INVESTMENT
$249.10
MAX INVESTMENT
$106,999.58
MIN NUMBER OF SHARES OFFERED
18,867
MAX NUMBER OF SHARES OFFERED
2,018,867
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
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.
Investment Incentives and Bonuses*
Time Based
Friends & Family Bonus
Invest in the first 5 days, receive 20% bonus shares
Super-Early Bird Bonus
Invest in the next 5 days, receive 15% bonus shares
Early Bird Bonus
Invest in the first month, receive 10% bonus shares
Amount Based
$500 Tier
Invest $500 and receive 1 year HitCheck subscription for 1 large team (value $159.99)
$1,000 Tier
Invest $1,000 and receive 1 year HitCheck subscription for 2 large teams (value $319.98)
$2,500 Tier
Invest $2,500 and receive 1 year HitCheck subscription 5 large teams (value $499.95)
$5,000 Tier
Invest $5,000 and receive 1 year HitCheck subscription for 1 organization/school with unlimited teams up to 1,500 users (value $3,000)
[Large team = up to 40 users]
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
HHITT, Inc. (d/b/a HitCheck) 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 Common Stock at $0.53 / share, you will receive 110 Common Stock, meaning you'll own 110 shares for $53. 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.
Insider Investment Notice
Officers, directors, executives, and existing owners with a controlling stake in the company (or their immediate family members) may make investments in this offering. Any such investments will be included in the raised amount reflected on the campaign page.
Irregular Use of Proceeds
Example - The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.
PRESS
ALL UPDATES
REWARDS
JOIN THE DISCUSSION
0/2500
Sam Zanners
a year ago
Congratulations on the crowdfunding campaign ! Can you help me sort out some confusion I have about this current round of funding ? As of last week, it appears the total funding amount was a little north of $50k. Then about three days ago, it appeared to be a couple thousand dollars and updates to the campaign stated a second round had started. At the time of my posting, is the $63k all from second round investors since just 3 days ago ?
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Ajith Potluri
a year ago
Hello Team
SMARTfit is raising money on this platform is good one for collaboration with your company for physical and cognitive rehabilitation.
Thank You
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Lea C
2 years ago
Hi, could you give us an estimate of your 2021 revenue? Pease also let us know if you had any significant change in debt in 2021. Thank you!
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Ajith Potluri
2 years ago
Hello HitCheck Team
Congratulations for developing a great app. Please help me to understand better about your future business plans.
1. What are future plans, Is this a app or going to be expansion to this and create a business model.
2. Are you going to develop further follow up apps for the people with h/o concussion to screen for post concussion syndromes, long term effects of concussion are ADHD inattention, Depression, mood instability, cognitive dysfunction and some rare cases of movement disorders.
3.Am I investing in a app or in company.
4. what are your monetization plans, currently have any revenue,
5. what is your exit strategy for the investors.
Appreciate your early response, so that investors can get in early and claim their bonus.
All the best
Ajith
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HOW INVESTING WORKS
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LD Freeman
a year ago
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