VizAeras offering is now closed and is no longer accepting investments.
INVEST IN VIZAERAS TODAY!
IoT Monitoring Platform for Healthy Indoor Environments.
$44,493.10 Raised
REASONS TO INVEST
Invest in a $9 billion industry. The Indoor Air Quality Market is projected to grow at a CAGR of 1.6% from 2020-2025.
Indor is compliant with California Assembly Bill AB 841 (September 2020) carbon dioxide monitoring requirements which mandates CO2 indoor air quality monitoring inside every classroom to help reduce pathogen transmission and infection risk. Restaurants, gyms and businesses in other states are following suit.
Address global indoor pollution and public health risks. The U.S. EPA ranks indoor pollution as a top five environmental risk to public health. According to the U.S. EPA, indoor pollution is responsible for over 10 million lost workdays per year, resulting in billions of dollars in healthcare costs and lost productivity. Support the growing workforce and increase employee confidence post Covid-19.
ABOUT
HEADQUARTERS
3100 Airway Ave, Suite 121
Costa Mesa, CA 92626
VALUATION
$8.67M
VizAeras is a team of innovators who developed an IoT platform technology “indor” to monitor Indoor Environmental Quality. The tool assesses healthy building conditions through tracking carbon dioxide levels, temperature, humidity, light, sound, and exposure to harmful pollutants. VizAeras is on a mission to map, track, and connect “The Great Indoors” to provide free, real- time public access to building pollution levels from any mobile device.
TEAM
Carl Tautenhahn
Co-Founder/CEO
Gerald Tautenhahn
Co-Founder/CTO
Kevin Maloney
Co-Founder/COO
Don Donovan
Chief Marketing Officer
TERMS
VizAeras
Overview
PRICE PER SHARE
$0.50
DEADLINE
May 1, 2022
VALUATION
$8.67M
AMOUNT RAISED
$44,493.10
Breakdown
MIN INVESTMENT
$250.00
MAX INVESTMENT
$107,000.00
MIN NUMBER OF SHARES OFFERED
20,000
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
2,140,000
Maximum Number of Shares Offered subject to adjustment for bonus shares
Company | : | VizAeras Inc. |
Corporate Address | : | 3100 Airway Ave, Suite 121, Costa Mesa, CA 92626 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $1,070,000.00 |
Minimum Investment Amount(per investor) | : | $250.00 |
Terms
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 20,000 |
Maximum Number of Shares Offered | : | 2,140,000 |
Price per Share | : | $0.50 |
Pre-Money Valuation | : | $8,673,500.00 |
*Maximum number of shares offered subject to adjustment for bonus shares. See bonus info below.
Voting Rights of Securities Sold in this Offering
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 and Family Early Bird
Invest within the first 96 hours and receive an additional 20% bonus shares
Super Early Bird
Invest within the first week and receive an additional 15% bonus shares
Early Bird
Invest within the first two weeks and receive an additional 10% bonus shares
Amount-Based:
$500+
Tier 1
Early Access to Indor Product Pre-Launch with 10% Discount Code (limit five units).
$750+
Tier 2
Early Access to Product Pre-Launch with 20% Discount Code (limit three units).
$1,500+
Tier 3
Early Access to Indor Product Pre-Launch with 40% Discount Code (limit three units).
$3,0000+
Tier 4
Early Access to Indor Product Pre-Launch Announcements with 60% Discount Code (limit four units).
$6,000+
Tier 5
5% Bonus Shares + Early Access to Indor Product Pre-Launch with 100% Discount Code (limit six units).
$12,000+
Tier 6
10% Bonus Shares + Early Access to Indor Product Pre-Launch with 100% Discount Code (limit ten units).
$25,000+
Tier 7
15% Bonus Shares + Early Access to Indor Product Pre-Launch with 100% Discount Code (limit 15 units). PLUS...
A 2.5 hour wine and cheese Duffy electric boat cruise around Newport Harbor (Newport Beach, CA) and lunch on the water at the Cannery Restaurant with the VizAeras Founders and up to four guests. Includes one room and two night stay at the Balboa Bay Resort resort in Newport Beach, and two one hour massages at the resort spa. Air travel not included. Hotel dates and spa treatment subject to resort availability. Perk does not include room service, mini bar access, or other resort amenities.
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
VizAeras 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 Common Stock at $0.50/share, you will receive 110 shares, meaning you'll own 110 shares for $50. 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 investor's 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.
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: Inter company debt or back payments. Vendor payments.
ALL UPDATES
04.26.22
Thank you
Thank you for your investment and for joining us on our journey. Our campaign will be ending early with a new closing date of 4/30. We will continue to accept commitments until then and investors who have made commitments will have up to 48 hours before the new deadline to cancel their commitments.
01.25.22
U.S. EPA and WHO partner to protect public health
VizAeras is committed to making indoor air quality a priority with our leaders, not only in the U.S. but worldwide. We will continue to push the importance of indoor environments with domestic and foreign agencies.
“The COVID-19 pandemic has highlighted the intimate links between humans and our environment,” said Dr. Tedros Adhanom Ghebreyesus, WHO Director-General. “Addressing those links is essential to prevent diseases, including future pandemics, to promote health, drive the global recovery and reduce health risks associated with climate change, especially for the most vulnerable. WHO looks forward to continuing its longstanding collaboration with US EPA, and to tapping EPA’s expertise to advance our mission to support countries in meeting the challenges of environmental health.” Read more on this topic here.
01.12.22
Indor's latest PM2.5 Sensor Upgrade may be Perfectly Timed
The latest case study measuring ambient air pollution suggests that the optimal placement of PM2.5 sensors may have significant gaps in the current EPA monitoring network. Click here to read the latest study from Cornell University.
Measurement of PM2.5 is a critical metric when determining how healthy or unhealthy an environment may be. Unhealthy levels of PM2.5 have shown considerable health risks upon exposure - most notably in the Obstetric Environment. Click here to see the latest publication on these findings.
Indor by VizAeras is proud to announce the addition of the latest PM2.5 sensor in the evolution of laser technology to our Indor Air Quality Monitor. Additional information regarding specifications will be released with the product launch.
12.02.21
Notice of Funds Disbursement
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, VizAeras has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in VizAeras be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
11.09.21
The EPA Ranks Indoor Pollution as a Top Five Environmental Risk to Public Health
...and experts believe monitoring and tracking indoor pollution will save millions of lives and billions of dollars in annual health care costs and productivity loss.
It is estimated that poor indoor air quality affects 33% to 50% of commercial buildings in the U.S. and is responsible for over 10 million lost workdays per year. Globally, approximately 3.8 million people die every year as a result of indoor air pollution.
Nearly 1 in 13 children of school-age has asthma, which is the leading cause of school absenteeism due to chronic illness.
These mind-blowing statistics are readily available yet there is no easy way to see indoor air quality conditions where your children are or where you work among many other indoor places.
To read more on this please visit: https://www.epa.gov/iaq-schools/why-indoor-air-quality-important-schools
10.25.21
VizAeras Named Best IoT IAQ Device at IMPACT21
The Internet Marketing Association (IMA) held its IMPACT 21 virtual conference on Friday, October 1, 2021. This year's theme was "Marketing to a New World," with a 6-hour conference live-streamed from Encore Resort, Las Vegas. During the event, VizAeras was named the Best IoT Indoor Air Quality Device by the Internet Marketing Association at the Impact21 conference.
Read the full article here.
10.25.21
Notice of Funds Disbursement
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, VizAeras has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in VizAeras be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
REWARDS
$250.00
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.
$500.00
Tier 1
Invest 500+ and you will Receive Early Access to Indor Product Pre-Launch with 10% Discount Code (limit five units).
$750.00
Tier 2
Invest 750+ and you will Receive Early Access to Product Pre-Launch with 20% Discount Code (limit three units).
$1,500.00
Tier 3
Invest 1,500+ and you will Receive Early Access to Indor Product Pre-Launch with 40% Discount Code (limit three units).
$3,000.00
Tier 4
Invest 3,000+ and you will Receive Early Access to Indor Product Pre-Launch Announcements with 60% Discount Code (limit four units).
$6,000.00
Tier 5
Invest 6,000+ and you will Receive 5% Bonus Shares + Early Access to Indor Product Pre-Launch with 100% Discount Code (limit six units).
$12,000.00
Tier 6
Invest 12,000+ and you will Receive 10% Bonus Shares + Early Access to Indor Product Pre-Launch with 100% Discount Code (limit ten units).
$25,000.00
Tier 7
Invest 25,000+ and you will Receive 15% Bonus Shares + Early Access to Indor Product Pre-Launch with 100% Discount Code (limit 15 units). PLUS...a special cruise and lunch with the VizAeras Founders along with a 2-night stay at the Balboa Bay Resort.
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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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.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
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Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
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Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
