SoloQi

Wireless charging reimagined

SoloQi

Wireless charging reimagined

Pembroke Pines, FL
Technology
Travel/Tourism
SoloQi aims to make the world more connected through fully charged devices that are easy to access around you. Utilizing wireless charging technology to create practical wireless solutions that are convenient, portable, universal, stylish, while embedding unique functions to provide an unparalleled experience for the user.

$140,680

raised
192
Investors
$7M
Valuation
$2.50
Price per Share
$250.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

$140,680

raised
192
Investors
$7M
Valuation
$2.50
Price per Share
$250.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
Reg CF
Offering

Bonus Rewards

Get rewarded for investing more into SoloQi

$250+
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.
$500+
Investment
First Volume Tier
With an investment of $500 get SoloQi PRO
$1,000+
Investment
Second Volume Tier
With any investment of up to $1000 get a SoloQi + X MOUNT
$2,500+
Investment
Third Volume Tier
With a $2,500 investment, get 1 SoloQi 360 ecosystems
$5,000+
Investment
Fourth Volume Tier
With a $5,000 investment, get 2 SoloQi 360 ecosystems Customized Mag Pads with your brand logo.
$10,000+
Investment
Fifth Volume Tier
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.
$20,000+
Investment
Sixth Volume Tier
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.

Reasons to Invest

Since our recent launch on November 1, 2019, SoloQi became a bestseller at 20 b8ta stores nationwide and grossed $117K in sales in the first 4 months,
We are signed with Imminent Venture Capital for distribution at Apple Stores and with ActionLink for a distribution lead to 500+ Costco stores
SoloQi is expanding globally in Japan, Europe, and Australia and forming strong alliances with major brands such as Costco and Apple Stores

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“Smart charger for a smarter generation”

The Problem


Outdated charging solutions

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


Access to charge everywhere

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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. Keeping 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


$11 billion+ and growing 

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


A best-selling product with a unique business plan

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.

Disrupting events charging services

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. 

video

What We Do


The charger that adapts to your lifestyle

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. 

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The SLIM can charge anywhere
The first-ever charger to be powered by a built-in USB Plug, cutting the cable short. Known to be a swiss army knife of user features includes a kickstand, a wireless charger, a battery and a USB plug, built into a pocket-size sleek and lightweight device. A traveler’s lifesaver you can always count on.

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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.

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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. 

video

The Business Model


B2C online and in stores and B2B through bulk orders and distribution deals 

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


Speed and convenience for your fast-paced lifestyle

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


Giving phone charging a liberating new identity and style

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


Skill, passion and an insatiable desire to reach our potential as a brand

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


With success in just our first 4 months of sales, SoloQi is gearing up for a hard launch with growing international demand

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.

In the Press

NY Post
January 1, 2017

38 of the best deals that we were able to find this weekend

Cult Of Mac
January 1, 2017

Score the portable charging gear you need for all your Apple devices

Boing Boing
January 1, 2017

Here are 40 of the best charging cables, wireless docks, power banks, and more on sale this weekend

Mashable
January 1, 1970

30 great deals on cool gadgets that have a high chance of selling out

Pocket Now

Charge 2 devices at once with this magnetic wireless pad

Tech Connect

This best-selling wireless car charger is just $60 today

Offering Summary


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











Terms


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).

Launching without financial statements.

In reliance on this relief, this offering has been launched without the required financial information. The financial information required by this offering that has been omitted is not currently available and will be provided by an amendment to the offering materials;  

Once the required financial information has been made available by amendment, each investor should review the complete set of offering materials, including previously omitted financial information, prior to making an investment decision; 

Furthermore, no investment commitments will be accepted until after such financial information has been provided.

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.

Irregular Use of Proceeds

We will not incur any irregular use of proceeds.

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Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
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Cash And Cash Equivalents
$0.00 USD
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Accounts Receivable
$0.00 USD
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Short Term Debt
$0.00 USD
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Long Term Debt
$0.00 USD
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Revenues And Sales
$0.00 USD
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Costs Of Goods Sold
$0.00 USD
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Taxes Paid
$0.00 USD
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Net Income
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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

SoloQi Growing Locally and Globally

3 days ago

Dear partners, it’s been an amazing launch and we want to thank you all for your investments, for ordering our products, and for sharing your experience with us. 

We’ve had a lot going on and it’s been hectic so, here’s what we’ve been up to. 

Since our launch, we opened in Tokyo as a first step towards expanding into the Japanese market by Christmas. We had the largest purchase order outside the US from a big group in Latin America and we have two new openings coming up in Australia and Dubai.

Locally, we collaborated with Dots shared office spaces in LA to replace their charging ports with our chargers.

We continue to service companies such as Powerfull Systems complete truck fleet, to increase driver’s safety and convenience for all their employees, including a bulk order of the X mount and the PRO to optimize their work environment.

Our success is your success. Please share the campaign with friends and family and invest in us. We are growing by the day, it’s your chance to keep growing with us. Act now! 

Thank you Start Engine.

SoloQi Is In Japan

16 days ago

Thank you to all our supporters for your investments we are thrilled to have as our partners and along for this journey. 

This week was off to a remarkable start, apart from this amazing launch, SoloQi is now available in b8ta Japan! Since our in Japan opening earlier this week, we’ve been flooded with requests from local distributors to partner with SoloQi. We knew Japan would be a great target market but we did not anticipate this kind of hype so we are thrilled to share this news with you. 

Our success is your success now that you are our partner, we are in this together, so share this campaign with friends as this is the last week to get the early bird bonus. 

Stay tuned for more updates coming soon. 



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