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38 of the best deals that we were able to find this weekend
The Problem
Mobile phones today are larger, require more energy, and are used for more functions than ever before. The more we use apps and videos to engage with the world around us, the more power it requires from our phones. Since the introduction of smartphones, the last innovation in the external battery market happened over a decade old and served as a short term solution. Most chargers put us, users, in a vicious repurchasing cycle. The existing solutions are bulky, heavy, limited, require cables, outlets and still not universal to all phone models. Most wireless chargers are actually wired, not user friendly, need an exact alignment of the phone to charge, and are not portable.
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The Solution
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SoloQi is a charging ecosystem that gives you the freedom and independence to use your phone at all times while the charging happens seamlessly. Our products keep you fully charged and connected on the go, at home, in the office, in the car and practically anywhere. SoloQi offers a new approach to user experience through product design, with emphasis on convenience, functionality, elegance and style. SoloQi products are made out of the best quality materials and the latest Qualcomm wireless technology. We are committed to delivering high-end solutions at a radically fair price while maintaining healthy margins.
Wireless charging is already dominating the phone charging market and will continue to grow as more and more devices are becoming inductive wireless and Qi-Enabled (source). We created three main devices that are revolutionizing Qi efficiency, portability and usability all around. The secret to our effortless charging experience is a patented Magnetic Pad (Mag Pad), fully integrated with wireless technology to ensure your phone is properly aligned to the charging spot every time. SoloQi ensures that you can snap, charge, and remain connected at all times.
The Market
In 2019, the Wireless Charging Market size exceeded USD 11 Billion and is set to grow at 14.5% CAGR between 2020 and 2026, reaching a USD 30 Billion market share (source). The trend is driven by the rise of global sales of wearable devices and high-end smartphones.
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Our Traction
SoloQi had a successful soft launch at the b8ta Innovation stores nationwide, became their best selling product, followed by international requests for distribution, with continued online sales.
We are signed with Imminent Venture Capital for distribution at Apple Stores, and with ActionLink for a distribution lead via Wireless Advocates to 500+ Costco stores, military bases and airports duty free . SoloQi is also available at Sanborns luxury chain in Mexico made possible due to our partnership with business mogul, Carlos Slim Domit.
SoloQi is set to revolutionize the charging services for events by replacing the outdated charging stations with onsite sales agents offering the charging devices for rent or purchase, using our promotional capabilities of embedding their logo on our Mag Pad. We are developing this model for 2021 and in discussions with the established event production company BWG to service any size events.
SoloQi is expanding globally with b8ta in Japan, Litmus Lab in Australia at MYER’s and Luxury Venture Group in Switzerland. We signed a contract with former qualcomm subcompany, Artcom, for distribution in Europe with clients such as So Sample in France, and Urbanbird in Germany and we are just getting started.
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What We Do
SoloQi is a three piece smart system that creates a complete charging grid around you, everywhere! Our universal system is capable of charging two devices at once by attaching to the phone magnetically and giving users the option of a kickstand to be used for work, to watch movies and make video calls hands-free.
The PRO can charge anything A fusion of a power bank, a wireless charger and a kickstand to use your phone hands-free, in any position, giving you the ultimate experience of effortless and portable charging. The power you can rely on and you won’t go anywhere without, capable of charging any wireless or USB powered device and even two devices at once. |
The SLIM can charge anywhere
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X Car|Desk Mounts
An engineering marvel aimed to improve driver’s safety. No more fumbling with cables and bulky car mounts while driving reliving you from any hussle with your phone. The X Mount is a 10W fast wireless charging suitable for the car dashboard and air-vent, also comes with a base mount for any desk, or nightstand. Designed with a unique 360 pivot to position your phone in any desirable angle. |
The SoloQi 360 wireless charging ecosystem
The complete wireless charging ecosystem with 2 X Mounts for home, office and in the car. A portable PRO that can charge all your devices anywhere on to go and 6 Mad Pads for multiple devices. This bundle is a perfect gift box a whole family can share.
Mag Pad
The thin magnetic pads are the secret to our hands-free charging experience. Affix the magnetic pad to any phone or phone case to instantly connect and charge. |
The Business Model
SoloQi is selling online and offline, direct to consumers as well as B2B in bulk orders. We are constantly forming new local and global distribution deals and have done white label collaborations with brands, which allows them to customize our products. We are developing partnerships and licensing deals to be ready for execution once events resume.
Our profit margins on wholesale are ranging between 25% to 30%. Our margins will grow to over 55% with every incremental increase of the production volume, from 10% reduction of costs on 20k units and up to 30% cost reduction at 100k units PO.
How We Are Different
Our patented customizable Mag Pads open the door to endless amounts of licensing and partnerships, an additional pillar of revenue and growth accelerating our path toward dominating the market share and becoming the new charging standard available to the masses.
Dov Friedman, CEO of IMMINENT VC, veteran industry expert in ties with Apple store management, and Sales Rep for SoloQi said it best:
“I’ve seen a lot of battery products over the years and since mophie I haven't seen much innovation in the industry. When I saw the way the SoloQi magnets attach to the power bank, how strong the batteries are not only for charging your phone but also as a stand, I found the SoloQi to be the first real innovation in battery external charges that i’ve seen in a long time, that’s why I want to take this to Apple stores. I like the super charge capabilities that allow you to charge your phone through wireless and through an external USB, and charge not only my phone but all my gadgets at the same time. On top of that it charges your phone quickly and the design is really nice and sleek, packaging is amazing. It’s a game changer, high-end style, for an attractive and competitive price point for the consumer.”
The Vision
Our vision is to create a world where charging pains are obsolete. With plans to gain momentum for the 2020 holiday season, we aim to become the world's next-gen charging solution. Inspired by how Beats headphones disrupted the headphone industry with a new product appeal that became a multi billion dollar business, we are on a mission to disrupt the wireless charging industry the same way by applying a similar marketing approach and bringing charging and luxury together.
Our Team
The company team is small and agile, planning to expand as needed. Founder, Solo Avital, combines his skill and passion for design, development, and business, to advance the company toward becoming a luxury brand with high-end products and visual content. Solo has made use of his industry connections to form meaningful partnerships.
Why Invest
We have entered an enormous market of $11 billion, which is expected to continue to grow in the coming years (Source). Since our soft launch, SoloQi became a bestseller at 20 b8ta stores, sold out at trade shows and grossed nearly $120K in sales in the first 4 months from its inception. With a growing list of partnerships and distribution opportunities at stores such as Apple and Costco. We are continuing to make sales online through our own website, Amazon Prime, eBay, Walmart, Newegg, Gadget Flow, and many other channels that approach us on a daily basis. We have orders from all over Europe, Japan, Middle East and Australia, and now we are seeking the funds to manufacture and fulfill the demand, as well as boost our marketing.
Become a part of our story and a brand ambassador of your new seamless charging lifestyle. Once you get the products, you’ll understand.
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Company | : | SoloQi® Corp |
Corporate Address | : | 8362 Pines Blvd. #290, Pembroke Pines, FL 33024 |
Offering Minimum | : | $10,000.00 |
Offering Maximum | : | $1,070,000.00 |
Minimum Investment Amount(per investor) | : | $250.00 |
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 4,000 |
Maximum Number of Shares Offered | : | 428,000 |
Price per Share | : | $2.50 |
Pre-Money Valuation | : | $6,999,997.50 |
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
COVID Relief
This offering is being conducted on an expedited basis due to circumstances relating to COVID-19 and pursuant to the SEC’s temporary COVID-19 regulatory relief set out in Regulation Crowdfunding §227.201(z).
Expedited closing sooner than 21 days.
Further, in reliance on Regulation Crowdfunding §227.303(g)(2) A funding portal that is an intermediary in a transaction involving the offer or sale of securities initiated between May 4, 2020, and August 31, 2020, in reliance on section 4(a)(6) of the Securities Act (15 U.S.C. 77d(a)(6)) by an issuer that is conducting an offering on an expedited basis due to circumstances relating to COVID-19 shall not be required to comply with the requirement in paragraph (e)(3)(i) of this section that a funding portal not direct a transmission of funds earlier than 21 days after the date on which the intermediary makes publicly available on its platform the information required to be provided by the issuer under §§227.201 and 227.203(a).
Votings 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*
Early Bird
Friends and Family - First 72 hours | 15% bonus shares
Super Early Bird - Next 72 hours | 10% bonus
Early Bird Bonus - Next 7 days | 5% bonus shares
Volume
With an investment of $500 get SoloQi PRO
With any investment of up to $1000 get a SoloQi + X MOUNT
With a $2,500 investment, get 1 SoloQi 360 ecosystems
With a $5,000 investment, get 2 SoloQi 360 ecosystems Customized Mag Pads with your brand logo.
With a $10,000 investment, get 10% bonus shares + 4 free SoloQi 360 ecosystems + Customized Mag Pads with your brand logo + Free Event service - portable chargers for all your guests with branded Mag Pads.
With a $20,000 investment get 15% bonus share + 6 free SoloQi 360 ecosystems + Customized Mag Pads with your brand logo + Free Event service - portable chargers for all your guests with branded Mag Pads.
The 10% Bonus for StartEngine Shareholders
SoloQi Corp. 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 $2.50 / share, you will receive 110 shares of 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 cancelled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
*All perks occur when the offering is completed.
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.
Dear Investors.
All the perks are shipped to everyone who responded to our email, selected the color, and confirmed the address.
For anyone who missed our last perks call of distribution, unfortunately, we are out of stock but will update as soon as we'll get the next batch of products,
Please join me on a Zoom call this upcoming weekend for a live demo of the hidden gems of the products and a few updates about the company.
To join on Saturday 2 PM PST please use this link: https://us02web.zoom.us/j/81470176707
To join on on Sunday 2 PM PST please use this link: https://us02web.zoom.us/j/89899386815
Looking forward to seeing you,
Best regards,
Solo
🎁
Dear investors,
We’ve sent an email to everyone who’s eligible for a perk and we’re about to begin shipping on Monday next week. Most of you have already replied, thank you!
If you did not receive the email from us please check that it didn’t land in your spam. It came from Studio@soloqi.com
If you still can’t find an email from us and you are eligible for the perk (with an investment of $500 or more) please contact me at studio@soloqi.com
We really want you to use our products and promote our brand so in case you’ve invested under $500, or you are a member of our follower's group you can still get all our products at near cost with a 40% special discount for the StartEngine community only.
To get the devices please go to our website, choose the products you like, and enter the discount code StartEngineVIP in the checkout.
Looking forward to your comments and feedback once you get the seamless charging experience, please stay tuned for more updates.
Best regards,
Solo
Dear SoloQi Investors,
I hope you had a wonderful holiday and a lovely weekend celebrating with your family.
Our StartEngine campaign ended on Christmas Eve, somewhat symbolic as SoloQi is all about giving!
The whole idea for ONE universal charging system for EVERYTHING is to reduce the endless spending on useless power banks that end up in the trash, with both our wallets and the environment paying the price for it. Our solution handles the old, current, and future smartphones, including thousands of accessories. A charging swiss-army knife for your own use, and for everyone around you for years to come. At any time you can trade in the old SoloQi models for our next-gen models at an exclusive discount and we recycle the batteries - It's a Win-Win!
So What’s Next?
Perks: Once you complete the investment process on StartEngine, we’ll be able to get your contact and send you an email to select the product and colors and we'll ship it to you, typically within 2-3 business days.
Give: You're a VIP and our brand ambassador and as such you're eligible to treat yourself or to gift others any existing and upcoming products using the 40% discount code StartEngineVIP on our website www.soloqi.com
ROI: We will share updates on a quarterly basis, including on the distribution of ROI when turning profitable.
Contact: Please do not hesitate to contact us at business@soloqi.com if you have any questions, suggestions, or creative ideas to share with us. We are in this love together and I personally enjoy having zoom calls with you, to listen, brainstorm, and answer any of your questions.
Long Term Vision:
2021 was a successful year to grow into different markets and to establish long terms partnerships. We’ve executed it successfully, and we couldn’t do it without you.
2022 Introducing the next-gen products and increasing sales using our mass exposure platform in all sectors, such as hospitality, events, B2B, and direct to consumer.
Marketing: To keep on generating positive tech reviews such as the latest one last week on HubPages for its 48 million readers. Collaborating with influencers to generate more exposure on social media, restaurants & hotels, as well as massive marketing exposure at events.
Bright Future: Our company is set on a trajectory to growth accelerated by the growing wireless charging devices and users in demand. The adoption of wireless charging is high in the consumer electronics, and automotive industries, estimated to grow at a CAGR of 24.6% between 2021 and 2026. (Source)
Thank you for joining us!
We'll keep in touch soon,
Happy New Year!
Solo Avital
Founder / CEO
SoloQi Corp
SoloQI PRO V2 (2022 model)
This video is the last update on our campaign that ends in a couple of days, but it's only the beginning of our long partnership together. We'll keep posting updates next year.
Thank you for being such amazing supporters and thanks again for joining us!
Thank You StartEngine 🙌
🎄 Merry Christmas and Happy New Year 🥳
Dear Investors and followers,
Although we got sold out on the first generation we've ordered a couple of hundred units to have perks to send you when this campaign ends in 2 weeks, and to supply the demand for the holiday. The units arrived this morning.
Wanna treat yourself or impress your loved ones with a gift that everyone needs and will love using, this is your chance to get them before Christmas. (1 to 3 days shipping)
Please copy past the 40% discount code StartEngineVIP in the check out on our website
The quantity is very limited and so please make your order as soon as possible.
Happy weekend!
We've initiated talks with Formula 1 almost 2 years ago to service their events with portable charging for the attendees, branded with F1 Mag Pads, and they loved it. The date to launch our first event together was October at the F1 US Grand Prix in Houston Texas, which was obviously suspended due to the pandemic. We are resuming talks with F1 to plan for the events in 2022 worldwide, where our mobile agents will roam the event offering our chargers to rent or purchase, as seen in the concept video below.
A collaboration of this size is estimated to generate $100K to $300K in revenues per event of 100K attendees. This is only an example of the scope of sales in events at large.
The goal for 2022 is to service huge events to generate mass exposure and sales, a similar model we developed for hospitality. Mass exposure in a non-competing environment is a market we are creating for our company on a mission to dominate it.
Our campaign on StartEngine ends in 16 days
2022 here we come!
Charge 250+ Phones & 1000+ Gadgets
Charge 3 devices at once
Our Second Generation devices are finally at the stage of production - it's one giant leap forward in technology, design, and engineering. The ultimate mission was to create ONE CHARGE FVOR EVERYTHING. We are so excited to announce that the mission is completed!
New Investors of $500 or more will be eligible to get the new products as a perk next year once we complete the production.
All our customers will be able to replace the previous models and upgrade to the next-generation devices.
We provide a LIFETIME WARRANTY on all our products (Accept for the Mag Pads). It allows us to recycle and/or refurbish the returned devices, generate a bigger fan base with returning customers, and reduce consumer waste as much as possible.
⭕ 22 days before the campaign ends
We are in full swing with the completion of the SoloQi next generation.
We are introducing a few new products alongside major upgrades to the existing ones.
The PRO also has a new name - MOJO will be the world's first All-In-One charger capable to charge 3 devices at once, including 250+ phone models and 1000+ accessories.
The mission is to create ONE charger for EVERYTHING, including for the VR Goggles.
Watch this short behind the scene zoom with our new website programmer to get the first glimpse of the MOJO, which is expected to disrupt the whole wireless charging industry next year.
There’s nothing more frustrating than being out and about and your phone dies which is why it is helpful to always bring along a charging device that can power your phone wirelessly. The SoloQi Pro can not only charge your cellphone, but also any wireless-enabled device. And it doesn’t stop there; the SoloQi Pro will also support charging wired items that can be charged through a USB-C cable. This mighty device is a battery, a power bank, and a hands-free holder all in one. The included kickstand can hold your phone in any position, allowing you to continue watching your phone while it is being charged.
Your SoloQi Pro package includes the all-in-one wireless charger and power bank, two magnetic pads, a durable USB-C cable, and an alignment pad. Available in black or red, this device is smaller than most power banks, it is lightweight, and covered in a soft-touch coating. The SoloQi Pro can be used in the home, office, car, and virtually anywhere. It will become a necessity for travel or any extended period from home. These make for great gifts for tech lovers or even stocking stuffers for teens and adults.
SHOP: SoloQi Pro
EXPLORE AND CONNECT:
SoloQi | Facebook | Instagram
The hospitality market is expected to reach $5297.78 billion in 2025 at a CAGR of 6%
(according to the Global Hospitality Market Report)
Dear investors, Ladies, and gentlemen,
We'd like to share with you one of the most important engines for our rapid growth next year. We have no competition in the hospitality industry, and we're at the spearhead of the game.
There are nearly 17 million hotel rooms all over the world. In an absence of universal charging for guests from different countries, hotels have no other choice but to offer the outdated 3 heads cables of different plug types, if they offer any charging solution, to begin with.
As seen in this video of the pilot with the Palazzo Versace Dubai Hotel, SoloQi universal charging for hotels is a no-brainer for hotels who are always seeking to outdo the competition by delivering a unique experience for their guests. With free charging in the rooms and our portable charger available for purchase from the minibars and shops on a Rev-Share, we offer both unprecedented services, increase the revenue for the hotel, and increase our sales and production volumes exponentially.
Our modest goal is to service 100 hotels by the end of 2022 with an estimated $36 Mil annual revenues from hospitality alone, yet our more ambitious target is to service 1000 hotels by then. It might sound like a very ambitious target but it's doable. For example, the HIG group has over 5000 hotels under their management and we are working very hard on open discussions with many others such as the MGM Resorts.
We might not be the most funded campaign on StartEngine but we're absolutely doing our best to become a highly rewarding company for our investors. Please join us now. Thank you!
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