Paway

The Future of Pet Care

Paway

The Future of Pet Care

Woodland Hills, CA
Social Media
We believe Paway is changing the way we care for our pets. Through a community-based app for dog owners and professionals alike, brought to you by the creators and veterans of Wag, Paway goes beyond dog walking. From finding the perfect groomer and park playdate to matching with your ideal pet sitter and vet, Paway is a go-to destination for complete comprehensive pet care. Steadily growing, Paway is pre-revenue but already has an expansive network of 25,000 users, making it easy to keep your pup’s tail wagging.

$7,563

raised
20
Investors
$12M
Valuation
$1.74
Price per Share
$100.92
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1M
Offering Max
23
Days Left

$7,563

raised
20
Investors
$12M
Valuation
$1.74
Price per Share
$100.92
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1M
Offering Max
23
Days Left

Stack Owner's Bonus & Rewards!

Members get an extra 10% shares in addition to rewards below!

Rewards

Get rewarded for investing more into Paway:

$100+
Investment
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.
$100+
Investment
Paw Pals Platinum
Custom Paway Graphic of you and your dog, $100 gift card to purchase Paway Swag & lifetime access to the Paway Puppy Club + 5% bonus shares
$500+
Investment
Paw Pals
Lifetime access to the Paway Puppy Club (early access to new features & perks including partner discounts and specialty badges ) + The item that every investor covets the Paway Hat (redeemable $20 gift card).
$1,000+
Investment
Paw Pals Plus
Lifetime access to the Paway Puppy Club + $30 gift card to purchase Paway Swag
$5,000+
Investment
Paw Pals Gold
Custom Paway Graphic of you and your dog, $50 gift card to purchase Paway Swag & lifetime access to the Paway Puppy Club
$25,000+
Investment
Paw Pals Diamond
Private meeting with CEO, custom Paway Graphic of you and your dog, lifetime access to the Paway Puppy Club + $200 gift card to purchase Paway Swag + 5% bonus shares

Reasons to Invest

Overview


The community-based app for dog owners and pet professionals alike


Is your dog depressed? Ok, maybe not your dog specifically, but over 74% of pets are. Paway is working to reduce puppy pouts by building a better pet care community. Caring for your dog should be fun, not a constant source of stress, but demanding schedules make it hard to ensure your furry friend is getting enough attention. 

Our growing community of over 22,000 pet parents and 3,000 pet professionals are here to help your dog get the exercise, socialization, and attention they need.


The Problem


Dogs do not get enough attention


The first challenge is that basic care for your dog includes social time, physical activity, and making sure they aren’t alone for extended periods of time. It can be hard to meet these needs between work, commutes, and other social commitments. Over 74% of dogs are depressed. The basic costs of owning a dog range from $1,500 to $9,000 annually and is projected to increase.

The second challenge is that pet care professionals lack the basic tools to help them manage and grow their business. Pet care professionals need to earn more money but marketing is expensive and complicated. They need to be able to engage with dog owners in their own community. 

That’s where Paway comes in. Our app connects pet owners with pet care professionals and other pet parents to create what we believe is the first ecosystem for your pet.


The Solution


An app to give dogs more attention


Paway allows pet parents to connect with their community, track their dog’s health,  wellness, and find vetted professionals who can give their pet the care they need.

Paway also allows pet care professionals to grow their businesses in a way that previous pet-focused apps have not.  With individual services and subscription options available, Paway is a one stop shop for grooming, walking, and other routine services pet parents need.

Paway is not only great for dog owners, but it’s great for pet pros as well. We don’t take 40% commissions and use outdated technology that makes it hard for pet pros to find clients. We believe we’ve created the first connected network for pets that creates hyper-local connectivity and utilizes an algorithm that improves your network with each use.

Paway’s unique business model offers the potential for multiple revenue streams. Our initial streams of revenue are: 

  1. We collect monthly subscription revenue from pet care professionals.
  2. Leverage pet & user data to run custom ads and affiliate marketing
  3. Take a small finders fee for connecting pet parents & pet care professionals.

Having more than one revenue stream protects the business from potential economic or competitive risks. 


THE MARKET


The Pet Care Industry is Booming!


Nearly 1 in 5 US households adopted a pet during the pandemic.  

(source, source, source)


Unlike other current pet care apps, Paway has created a consolidated marketplace of pet care services within one easy-to-use app. Rather than using different sites or apps for walking, grooming, and dog sitting, Paway allows you to book everything at once.

 

OUR TRACTION


Popular with Next Gen Dog Owners & Young Pet Pros


In just a little over a year and a half in business, we’ve grown rapidly. Paway has over 23,000 pet owners and 3,000 pet care providers currently registered on the platform. Paway is attracting a younger audience, setting us up to own the future of pet care.    We are teaching the next generation how to be entrepreneurs. 

Paway is now available in 120 countries with an expanding network of engaged users. There is a huge long tail of demand globally for pet care and as Paway is a free app we’re positioned in the best way to penetrate and disrupt the market.

Walking the dog is a daily activity for most dog owners. It is recommended that dogs get up to 45 minutes a day of exercise. Paway provides free exercise tracking for pet parents and gps tracking for paid dog walkers. We have tracked over 40,000 dog walks on the app. This represents almost 4 Million minutes of tracked dog walks.

As more and more people bring pets into their homes, they’ll continue to look for the services we provide. In our short time in business, we’ve also won a number of awards including Purina’s 2022 Pet Care Innovation Prize, Pet Care Innovation Summit’s “Best in Show” for 2022, and Harvard Business School’s VC Demo Day award in 2020. 


Why Invest



Massive Growth in the Pet Care Industry 

Pet ownership is projected to grow 14% and spending will double by 2030, which means our market will only continue to need the services we offer. This is your chance to get in.


Veteran Management Team 

Paway was created by the founding team of Wag!, so we really know dogs. With over 40,000 tracked walks and the 2022 Purina Pet Care Innovation Prize behind us, we feel we're poised to change the pet care market. 


Better Technology & Product

We believe Paway is one of the first companies to leverage technology to join the concepts of networks and marketplaces into a seamless mobile experience. Paway has already been recognized as a top dog walking app and has been nominated Best in Show at the Pet Care Innovation Summit. 

*This testimonial may not be representative of the experience of other customers and is not a guarantee of future performance or success.


Backed by “Pet Sitter of the Year” Dan Reitman

Choose Link

In the Press

Android Headline news

Paway App Is Like Waze, But For Dogs

Dog o Day

Paway is the dog walking app that offers you peace of mind and more

EmizenTech

Best Dog Walking Apps For Android & iOS.

Phoenix Business Journals

Plant-based treats, a social network for dogs: Nestle Purina PetCare's newest startup investments

Pets Radar

GPS dog walking app shows pet owners which dogs are friendly or aggressive

Webflow

6 businesses that will grow in 2022 and beyond

Voyage LA

Meet Jason Meltzer of Paway

KTLA

New dog walking app, ‘Paway’ available for download

Offering Summary


Company

:

Paway Inc.

Corporate Address

:

4501 Cezanne Ave, Woodland Hills, CA 91364

Offering Minimum

:

$10,001.52

Offering Maximum

:

$999,998.88

Minimum Investment Amount

(per investor)

:

$100.92











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

5,748

Maximum Number of Shares Offered

:

574,712

Price per Share

:

$1.74

Pre-Money Valuation

:

$12,026,316.24











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*

Company Perks

Time-Based:

Friends and Family Early Birds

Invest within the week and receive a 20% bonus shares.

 

Super Early Bird Bonus

Invest within the first two weeks and receive a 15% bonus shares.

 

Amount-Based:

$500+

Paw Pals

Lifetime access to the Paway Puppy Club (early access to new features & perks including partner discounts and specialty badges ) + The item that every investor covets the Paway Hat (redeemable $20 gift card).  

 

$1,000+

Paw Pals Plus

Lifetime access to the Paway Puppy Club + $30 gift card to purchase Paway Swag

 

$2,500+

Paw Pals Premium

Lifetime access to the Paway Puppy Club + $50 gift card to purchase Paway Swag

 

$5,000+

Paw Pals Gold

Custom Paway Graphic of you and your dog, $50 gift card to purchase Paway Swag & lifetime access to the Paway Puppy Club

 

$10,000+

Paw Pals Platinum

Custom Paway Graphic of you and your dog, $100 gift card to purchase Paway Swag & lifetime access to the Paway Puppy Club + 5% bonus shares

 

$25,000+ - 

Paw Pals Diamond

Private meeting with CEO, custom Paway Graphic of you and your dog, lifetime access to the Paway Puppy Club + $200 gift card to purchase Paway Swag + 5% bonus shares

 

*All perks occur when the offering is completed.


The 10% StartEngine Owners' Bonus

Paway 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 $ 1.74 / share, you will receive 110 shares Common Stock, meaning you'll own 110 shares for $174. 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.

The Company will not incur any irregular use of proceeds.


Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$25,577.00 USD
$299,617.00 USD
Cash And Cash Equivalents
$25,577.00 USD
$299,617.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$14,847.00 USD
$13,044.00 USD
Long Term Debt
$509,500.00 USD
$419,500.00 USD
Revenues And Sales
$0.00 USD
$0.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$365,842.00 USD
-$133,007.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Ask Me Anything LIVE with the CEO & Founder

about 2 months ago

Paway's CEO & Founder Jason Meltzer is hosting a live AMA this Friday on the Paway Instagram channel. You can ask Jason about anything Paway or about pet tech in general. Follow Paway on instagram here.


Paway Becomes The 1st Pet Platform to Offer Cash Advances to Pet Professionals

about 2 months ago

Paway is much more than a dog walking app. We are building the future of pet care for both pet parents and pet care providers. This week we became the first pet platform to offer $100 cash advances delivered on Paway branded virtual cards to our 3,000 pet care professionals. We split a 5% commission with our partner and we earn a percentage on all card transactions. This exclusive offer is a great way to build loyalty with our service side users with zero cost to the company. In fact this is revenue generating. 


 


Paway makes for a great investment, we have an expert team and the potential for multiple revenues streams: paid partnerships, advertising, software as a service, data & marketplace.  

Invest in Paway today!


Paway's CEO/Founder Last Company Wag Goes Public

about 2 months ago

The Paway CEO & Founder Jason Meltzer is an expert in the pet tech industry. Jason started walking dogs professionally after school when he was only 11 years old. When Jason turned 28 he launched his first dog walking company SurfDog LA in Los Angeles. A few years later he co-founded and led Wag an "Uber for dog walking app".  Today Wag officially listed on the NASDAQ under the PET ticker symbol. 

Now Jason is focused and determined to make Paway his crowning achievement. Jason is thinking big and Paway is already showing growth across 140+ countries. Now that his last company is publicly traded this is great time to get in early on his next big thing. 

Invest in Paway now to get in early with this amazing opportunity!

A Message from NBA Finals Champion Metta World Peace

about 2 months ago

Paway has many great investors supporting our vision to make the world a better place for pets. Here's what NBA legend & Paway investor Metta World Peace had to say about us. 


Only 24 hours left to get 20% bonus shares

2 months ago

Crowdfunding Update:

Paway's initial launch is off to a great start. We have 7 new investors committed already. Don't miss your chance to take advantage of the friends and family offer. 


Product Update:

Today we released our latest app version 3.20.15 today. Our engineers are busy pumping out new features and we expect to release 2 new versions every week. Our product team is committed to high quality design that is coded and released quickly. 



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