GET A PIECE OF NIXPLAY
Sharing & Celebrating Life's Most Precious Moments
$552,526.67 Raised
Offering Circular | Selected Risks Related to this Offering | SEC EDGAR Page
REASONS TO INVEST
- Nixplay has a lifetime revenue of over $330m and has built a community of over 3 million users. Our newly launched subscription service has over 34,000 paying subscribers achieving $1.8m ARR in 2022.
- We believe we are one of the only companies in the world that offers a comprehensive, secure photo-sharing ecosystem including AI-driven digital frames, an encrypted mobile/web social platform, and a marketplace for custom photo printed goods to connect our users to their loved ones through the power of photo sharing.
- Nixplay’s leadership team has demonstrated profitability and scalability, achieving over 30,000 reviews on Amazon.com with an average rating of 4.8 stars. Our technology and its applications evolve to meet the needs of our market. We are in the process of developing NFT-sharing technology with the potential to create a new way to take NFTs to mass markets.
the pitch
Nixplay helps people share life’s important moments with their loved ones, friends and family. We strive to create ease of use and guaranteed privacy. Our photo-sharing ecosystem includes smart digital frames, a private social platform and a marketplace for custom photo printed goods. We've earned over $330m in lifetime revenue and have reached over 3 million users displaying 1.5 billion photos and videos every single day. We are one of the few companies in the world using AI in the digital display space and our new subscription model has reached over 34,000 paying subscribers, achieving $1.8m ARR in 2022.
THE PROBLEM & OUR SOLUTION
Connecting Loved Ones with Comprehensive Photo Sharing Services
We believe sharing life’s precious moments with family and close friends should be easy and safe. However, not everyone uses the same forms of media and few are optimized for privacy or put your content first. Our mobile/web app and industry-leading smart photo frames create a private, secure content-sharing social media alternative that allows users to easily, securely and meaningfully engage with the moments that matter most.
*The above are products that are currently available for purchase.
In 2021 we launched our new subscription model and achieved an annual recurring revenue of $1.8m in 2022. We have built a prototype integration that will allow users to share NFTs and we will be focused on how tokenization will fundamentally change content ownership. Through our partnership with FujiFilm we launched our marketplace, where users can purchase a wide variety of printed goods such as photo books, wall canvases, and a wide range of printed gifts and home decor items.
Nixplay is committed to sustainability. We understand the impact we have on the environment and strive to use as much recycled material as possible in our packaging. Furthermore we have a long standing tree planting program.
*The above are renderings of products that are currently available for purchase.
*The above are renderings of products that are currently available for purchase.
THE MARKET & OUR TRACTION
Proven Profitability in Multiple Massive Markets
Nixplay’s expansive services allow us to penetrate multiple major markets. The TAM for digital photo frames alone is $400 million. Meanwhile, social media and content sharing represent a $223.1 billion market. The photo printing market is worth $17.3 billion and the gifting market is valued at $202 billion. The NFT market is expected to grow to $211B by 2030.
*The above are products that are currently available for purchase.
*The above is a product that is currently available for purchase.
*The above are renderings of products that are currently available for purchase.
Why Invest
Delivering Cherished Moments to Your Loved Ones
*The above are products that are currently available for purchase.
We use a robust photo-sharing ecosystem including AI driven smart frames, our mobile and web app, and printed products to connect family and friends through life’s big and small moments. With this raise, we seek to maximize the value of peoples’ most precious content, dramatically expand our photo sharing subscription services and take our NFT-sharing technology to the mass market. We have demonstrated both scalability and profitability, and now we are ready to accelerate our growth. Join us as we help our customers feel connected to their loved ones through a powerful, secure social media alternative.
*The above are renderings of products that are currently available for purchase.
AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT.
THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT CAN BE FOUND HERE.
CROWDCHECK VERIFIED REPORT CAN BE FOUND HERE.
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
1630 Welton St
Denver, CO 80202
WEBSITE
View Site
Nixplay builds AI-driven smart digital frames and an alternative family network via their mobile app, so customers can easily and securely display their photos with loved ones. We have achieved over $330 million in lifetime revenue and have built a community of over 3 million users.
TEAM
Mark Palfreeman
Chief Executive Officer & Director
Since graduating business school, Mark has focused on simplifying technology solutions to serve the whole family in a private, secure, enjoyable way.
He has developed extensive experience at the operational and leadership level in industrial design, technology, ecommerce and digital marketing.
Joel Durbridge
Chief Operating Officer
His operations skill set comes from the world of finance. He worked as a Head of Strategy in Financial Market Operations at Standard Chartered Bank, driving operational excellence in business process and in Corporate Innovation creating a spin off fintech start-up from within HSBC.
Joel has provided strategic leadership to Nixplay since January 2021.
Benoit Le Berre
Chief Financial Officer
Micheal Barlow
Chief Technology Officer
Micheal provides Strategic leadership, technology oversight and is responsible for executing the product vision for Nixplay.
Peter O’Kelly
Managing Director - Philippines
He is a co-founder of Nixplay and has been with the business since 2009. During this time, he has worn several hats as one would expect in a start-up; he has an intricate knowledge of how the business works.
Currently, he is leading general operations in our Philippines office, as well as directly managing our customer service, digital signage, and service subscription teams.
The core of his career path and skillset is providing above-and-beyond experiences with the customer always coming first.
Marcin Dudar
Head of Hardware and Production
Marcin's experience helped companies like ALi become market leader in the field of consumer electronics IC where Marcin led architectural change and delivered the world's leading Set-Top- Box chipset.
Zayyad Wain
Head of Sales
Prior to joining Nixplay, Zayyad worked as a Sales Engineer and Product Manager at AfterShip, a SaaS startup that focused on improving the logistics and customer experience for E-commerce Brands.
Arlene Calangi
General Manager - Philippines
Prior to Nixplay, Arlene worked for multinational companies such as HSBC, Convergys, MasterCard, DHL, Amec Foster Wheeler.
TERMS
Nixplay
Overview
PRICE PER SHARE
$6.10
DEADLINE
Mar 21, 2024
VALUATION
$39.38M
FUNDING GOAL
$500.2 - $15M
Breakdown
MIN INVESTMENT
$500.20
MAX INVESTMENT
$999,997.40
MIN NUMBER OF SHARES OFFERED
82
MAX NUMBER OF SHARES OFFERED
2,459,016
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*this valuation is calculated assuming a full dilution from issued stock options and authorized issuance at Nixplay Cayman level resulting in a maximum of 1,731,637 new shares in Nixplay Cayman being created and representing 21% of current issued shares; and the issuance of a maximum of 3,735,476 shares in Nixplay Cayman to Nixplay Inc. representing 45.39% of current issued shares (based on a $15,000,000 raise), after the fundraise money is collected.
Tier 0 | $500+
Investors who invest $500+ will receive 1 lifetime Nixplay Plus membership for you or friends and family ($1,250 retail value)
Tier 1 | $2,500+
Investors who invest $2,500+ will receive a new Nixplay Touch Classic 10” frame ($159.99 retail value) and a lifetime Nixplay Plus membership for you or friends and family ($1,409.99 retail value)
Tier 2 | $5,000+
Investors who invest $5,000+ will receive a new Nixplay Touch Classic 10” frame and a new Nixplay Touch 10” frame ($349.98 retail value) and 2 lifetime Nixplay Plus memberships for you or friends and family ($2,849.98 retail value)
Tier 3 | $10,000+
Investors who invest $10,000+ will receive a new Nixplay Touch Classic 10” frame, a new Nixplay Touch 10” frame and a new Nixplay Touch 10” polished steel frame and 3 lifetime Nixplay Plus memberships for you or friends and family ($4,319.97 retail value)
Tier 4 | $20,000+
Investors who invest $20,000+ will receive new Nixplay Touch Classic 10” frame, a new Nixplay Touch 10” frame, a new Nixplay Touch 10” polished steel frame and a fourth frame of your choice and 4 lifetime Nixplay Plus memberships for you or friends and family ($5,789.96 retail value)
Tier 5 | $50,000+
Investors who invest $50,000+ will receive an invitation to all shareholder calls + Tier 4 perks
Any perks earned by investors in this offering may not be received by investors until after the offering is completed – as such, investors who qualify for any of the perks above should be aware they will not receive those perks immediately upon investing.
ALL UPDATES
REWARDS
$500
Tier 0
Receive 1 lifetime Nixplay Plus membership for you or friends and family ($1,250 retail value)
$2,500
Tier 1
Receive a new Nixplay Touch Classic 10” frame ($159.99 retail value) and a lifetime Nixplay Plus membership for you or friends and family ($1,409.99 retail value)
$5,000
Tier 2
Receive a new Nixplay Touch Classic 10” frame and a new Nixplay Touch 10” frame ($349.98 retail value) and 2 lifetime Nixplay Plus memberships for you or friends and family ($2,849.98 retail value)
$10,000
Tier 3
Receive a new Nixplay Touch Classic 10” frame, a new Nixplay Touch 10” frame and a new Nixplay Touch 10” polished steel frame and 3 lifetime Nixplay Plus memberships for you or friends and family ($4,319.97 retail value)
$20,000
Tier 4
Receive new Nixplay Touch Classic 10” frame, a new Nixplay Touch 10” frame, a new Nixplay Touch 10” polished steel frame and a fourth frame of your choice and 4 lifetime Nixplay Plus memberships for you or friends and family ($5,789.96 retail value)
$50,000
Tier 5
Receive an invitation to all shareholder calls + Tier 4 perks
JOIN THE DISCUSSION
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Prakash Sripathy
8 days ago
Another question, I forgot to bring up. If you are profitable, what are you raising the new money for? What is your projected growth rate in your core business?
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Prakash Sripathy
8 days ago
I am thinking of investing. Wondering what is your current valuation and do we have SAFE on this current investment?
1
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Walter Poisson
a month ago
Sir, I don't know why I am not on a list for tier 1 rewards as my investment cleared in May. My emails to you have gone unanswered. Thank you
1
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Courtney Fletcher
a month ago
Hi,
Can you please advise when I will receive my benefit? I have not received any email or anything from you all. Thank you.
1
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Dennis Dow
2 months ago
Like others have questioned, when will the tier 1 reward of Nixplay plus membership be issued? My wife is excited about the membership. We have the frames as do our kids. Please advise. Thanks.
1
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Ohjoong Kwon
3 months ago
I got a confirmation for the fund investment finally. How do I get my investor reward?
1
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Jens Jungmann
3 months ago
Fund invested (shares issued) on May 12, 2023 at 10:30 AM.
Never received an EMail from NixPlay about Investor Rewards (or anything else).
Now I've been playing EMail exchange with Nixplay Customer Service for over a week and still have no actual information as to when or if I will ever receive the promised Investor Reward.
2
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Ohjoong Kwon
3 months ago
My investment status still says it's `open`. Is this expected?
0
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Cody Hammond
3 months ago
Any updates on the first wave rewards?
1
0
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
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Yecheskel federweis
2 days ago
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