The Tap Systems, Inc. offering is now closed and is no longer accepting investments.

Tap Systems, Inc.

Wearable Keyboard, Mouse & Controller

Tap Systems, Inc.

Wearable Keyboard, Mouse & Controller

Pasadena , CA
Electronics
Tap allows you to enter text and control your device just by tapping your fingers on any surface. It is the critical missing piece for the wide adoption of augmented reality and smart wearables.

$1,059,766

raised
2,971
Investors
0
Days Left
5%
Equity Offered
$19.5M
Valuation
Equity
Offering Type
$250.00
Min. Investment

$1,059,766

raised
2,971
Investors
0
Days Left
5%
Equity Offered
$19.5M
Valuation
Equity
Offering Type
$250.00
Min. Investment
This offering ended on November 13, 2019 and is no longer accepting investments.

Investing in Tap Systems is a rare opportunity to participate in a fundamental advance in input technology which addresses an enormous potential market.

Tap is Revolutionizing a 150 Year Old Industry and Paving the Way for Wide Adoption of Augmented Reality

Invest in Tap Systems, Inc.

What is Tap?

Tap is a revolutionary wearable device that allows you to create text, control a mouse and send commands to any digital device just by tapping your fingers on any surface - as quickly and easily as with a conventional keyboard.


Why is it Exciting?

Tap provides the missing link of how we will interact with the new generation of wearables and paves the way for the wide adoption of augmented reality.  The projected size of the wearable display market is expected to reach 200 million units by 2023.


What Stage is the Company at?

The Tap wearable is the culmination of three years of research and development.  Tap has been shipping to customers since February 2018, and has proven market traction, with customers in over 40 countries. 


Who is Behind Tap?

The Tap project is a collaboration of long time entrepreneurs Dovid Schick and Sabrina Kemeny, both of whom have successfully invented disruptive technologies and brought them to market.  They have both founded and been CEOs of previous successful technical ventures.


What are the Terms of the Offering?

Tap is selling shares at $1.00 per share.  The minimum investment is $250, and the pre-money market capitalization is $19,546,843 million.  

BONUS REWARDS


10% Early Adopters Bonus

Invest within the next 19 days and receive 10% additional bonus shares on your investment. 


The 19-day early bird bonus has now ended


Invest $250-$499 and get:

+ Baseball Cap

+ T-Shirt

in addition to your shares


Invest $500-$999 and get:

+ Baseball Cap

+ T-Shirt

+ Free Tap Strap

in addition to your shares

(232/500 remaining)


Invest $1,000-$4,999 and get:

+ Baseball Cap

+ T-Shirt

+ 2 Free Tap Strap

in addition to your shares

(76/200 remaining)


Invest $5,000-$24,999  (12/20 remaining)

+ 2 Free Tap Straps

+ Baseball Cap

+ T-Shirt

+ 5% bonus shares

in addition to your shares


Invest $25,000-$99,999 (5 available)

+ 2 Free Tap Strap

+ Baseball Cap

+ T-Shirt

+ 10% bonus shares

in addition to your shares


Invest 100,000+$249,999 (2 available)

+Baseball Cap

+T-Shirt

+5 Free Tap Straps

+Trip to Israel and tour of the Tap Lab, Dinner with the team. 

(transportation included)


+10% bonus shares

For StartEngine Owners

Please details on your 10% bonus perks below.


*For the investment bonus shares you'll receive the greater of the options, not the cumulative.

MEET THE FOUNDERS

Tap is the brainchild of David Schick & Sabrina Kemeny, two successful electrical engineers and entrepreneurs who have both pioneered critical technologies, founded, financed and scaled up companies, and achieved substantial exits.   


Schick is the inventor of digital dental x-ray technology that is used in most dental offices today, and is the founder and former CEO of Schick Technologies, which he took public just five years after founding.  


Kemeny is the co-inventor of the CMOS image sensor chip used in virtually all digital cameras.  She is the founder and former CEO of Photobit, which successfully scaled up and commercialized the technology before selling the company to Micron.  

The Tap Development Team

Meet Tap - The Missing Link in Adoption of AR, VR & XR

Computer are continuing to evolve - from the desktop, to the laptop, to the phone, to the watch.  The next major step in evolution is wearable computers - including  augmented reality headsets.  Apple, Google, Facebook, Magic Leap and Microsoft are among the companies investing heavily in making augmented reality the computing platform of the future.  The missing link in widespread adoption of these new devices is the lack of a fast, precise input method.  Tap solves this problem in a way that is both proprietary and user friendly.  With Tap, users can enter text and send commands to their devices quickly, accurately and privately.  It is estimated that 200 million wearable-screen devices will be sold annually by 2023.


The All-In-One Wearable Keyboard, Mouse & Controller

Tap allows users to enter text without the need for a dedicated physical or on-screen keyboard.  The Tap Strap One is a wearable device which consists of a set of rings which sense finger taps to control input. Using it, you can type text and send commands to any bluetooth enabled devices, such as smartphones, tablets, computers, smartTVs, and wearable devices.  Since you can tap your fingers on anything, you don’t need a specialized surface (like a keyboard), making it a great solution for mobile and wearable input. Plus, since Tap is tactile, you don’t need to look your hand, which is great for any situation where you can’t (or don’t want to) look at your hands while writing — such as while using Augmented and Virtual Reality headsets.  Tap also has a built-in mouse, making it a complete solution for device control.  You can learn to tap in about an hour of playing the TapGenius learning game.

Three Years In The Making

Rigorous Testing. 1000's of Iterations.

The initial work for what became the Tap project began in 2014, with the ambitious goal of creating an input solution for the next generation of digital devices.  Tap has brought together a highly talented group of dedicated engineers, developers and designers who have joined forces to create the Tap hardware, software and mechanics.  We have corporate offices in Pasadena, CA and a research and development center in Tel Aviv, Israel - two areas known for emerging startup technology.  Tap started as an idea, then after thousands of hours of research, interviews, and feedback the initial design was formed.  Early prototypes were completed in 2015, and extensive testing and improvements were accomplished over the next two years.  The technology that needed to be develop Tap required innovations in electronics, algorithms, machine learning, materials and design. Manufacturing for the Tap Strap One began in 2017, and the product commenced shipping in February 2018.  The Company has filed five patent applications related to the Tap invention.

The Tap Strap One

Precision at your fingertips

The Tap Strap One Is the Company's debut product.  It is being sold on Amazon.com, in select retail stores, and on the Company's website. The Tap Strap One has a large and growing audience of customers in the areas of consumer, enterprise and assistive technology.  Tap is:

Fast: Users have already reached speeds of over 70 words per minute with one hand.

Accurate:  Proficient users have an average accuracy of over 99.8%. This is achieved without the need to calibrate Tap for each user.

Ergonomic:  Tap is adjustable and can be worn for hours without discomfort.  Wearing Tap does not interfere with the normal movement and use of the users hand.

CustomizableTap can be reconfigured to send text in any language, or to send hotkeys and macros to any device.

Easy to Learn: It takes only around an hour to learn the Tap Alphabet, and just 10 minutes a day of practice to reach full proficiency.  This is about 1/10th of the time that it takes to learn to touch-type.

Complex inputs shouldn’t require keys or a board. TAP is the future of how we can communicate with technology and each other.

Media Coverage

Tap is Being Adopted Across Multiple Market Segments

VR/AR/XR

Tactile input + 6DOF keeps users in full immersion for longer periods of time, allowing them to stay focused, be more productive and enjoy immersive experiences to their fullest. 

Gaming

In-Game-Communication, Hot Keys, Macros and Key-Bind Triggering are just some of the ways casual and pro Gamers are able to improve gameplay across all platforms.

Media Control

Instant control and manipulation of slideshows, imagery, audio & video allows creators and consumers the flexibility to easily create and consume multimedia entertainment.

Smart Devices

As devices become more powerful and run more helpful applications, standardized controls and unified input modalities enable users to easily interact and adopt new technologies.

"Jony Ive, Apple's design Guru might be proud.."

Leif Johnson

Associate Editor, MacWorld

How Does Tap Work

Tap is a virtual input device that uses chords to register text. There are no keys involved at all – no projected keyboard, no invisible key patterns and no holograms. You type characters and commands by tapping a combination of fingers on any surface.  The Tap Strap has accelerometers built into each finger-ring, which collect motion and acceleration information from your fingers. That information is analyzed by a small computer chip which is built into the thumb ring. The output character is then transmitted via bluetooth to the paired device.


The tapping motion is similar to playing a piano. Some characters – the vowels – require only one finger, while others require multiple fingers to tap at the same time.  For example, the most common consonants, N, T, L and S, are tapped with two adjacent fingers. “N” is the thumb and index finger, “T” is the index and middle finger, “L” is the middle and ring finger, and “S” is the ring and pinky.


For example,  to spell the word, “INTO”, you would tap:

I = Middle Finger
N = Thumb+Index
T = Index+Middle
O = Ring Finger

To tap punctuation and special characters, you use double taps.  For example, to tap a comma, you would double tap the letter M. Since there are two M’s in the word coMMa, it’s a quick way to learn.  There are taps for virtually all of the keys on a standard keyboard, and your Tap can also be customized so that you can activate keyboard shortcuts, modifiers and special symbols.

Learning to Tap is Fast and Easy

Learning to tap is 10X faster than it takes to learn to touch-type on a QWERTY keyboard.  The fastest way to learn is by playing the TapGenius Learning Game, which takes you through the Tap Alphabet using a series of fast, engaging challenges.  TapGenius was designed with the help of Learning Neuroscience specialists at Stanford University. It breaks down the alphabet into eight simple learning groups of taps and each group takes approximately ten minutes to learn.  Punctuation is introduced over time in each round, so once you are finished you will know all letters as well as punctuation. Once you have learned the alphabet, the TapAcademy app, will make you a master tapper with just two to three weeks of playing 10 minutes a day of practice games and speed tests.

Customer Reviews

Offering Summary


Company

:

Tap Systems Inc.

Corporate Address

:

177 E Colorado Boulevard, Pasadena , CA 91105

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

:

10,000

Maximum Number of Shares Offered

:

1,070,000

Price per Share

:

$1.00

Pre-Money Valuation

:

$19,546,843.00











The 10% Bonus for StartEngine Shareholders

Tap Systems will offer 10% additional bonus shares for all investments that are committed by StartEngine Crowdfunding Inc. shareholders who invested over $1,000 or made at least two investments in StartEngine's own offerings.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 1,000 shares of Common Stock at $1/ share, you will receive 100 Common Stock, meaning you'll own 1,100 shares for $1000. 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 for one year from the time StartEngine Crowdfunding Inc. investors receive their countersigned StartEngine Crowdfunding Inc. subscription agreement, unless their eligibility period has been extended through additional subsequent investments in StartEngine's own offerings.

Investment Incentive

10% Early Adopters Bonus

Invest within the next 19 days and receive 10% additional bonus shares on your investment. 

Early Adopters Bonus will end on Sunday Sept 8th.

Invest $250-$499 and get:

+ Baseball Cap 

+ T-Shirt 

in addition to your shares

Invest $500-$999 and get:

+ Baseball Cap 

+ T-Shirt 

+ Free Tap Strap

in addition to your shares

(500 Available)

Invest $1,000-$4,999 and get:

+ Baseball Cap 

+ T-Shirt 

+ 2 Free Tap Strap 

in addition to your shares

(200 Available)

Invest $5,000-$24,999 (20 Available)

+ 2 Free Tap Straps

+ Baseball Cap 

+ T-Shirt 

+ 5% bonus shares 

in addition to your shares 

Invest $25,000-$99,999 (5 available)

+ 2 Free Tap Strap 

+ Baseball Cap 

+ T-Shirt 

+ 10% bonus shares 

in addition to your shares

Invest $100,000+$249,999 (2 available)

+Baseball Cap

+T-Shirt

+5 Free Tap Straps 

+Trip to Israel and tour of the Tap Lab, Dinner with the team. (transportation included)

+10% bonus shares

*All perks occur after the offering is completed

*The available perks will update after each rolling close or disbursement and will be provided after the offering has closed

*For the investment bonus shares you'll recieve the greater of the options, not the cumulative .

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: Vendor payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$2,860,735.00 USD
$1,905,544.00 USD
Cash And Cash Equivalents
$354,031.00 USD
$439,259.00 USD
Accounts Receivable
$0.00 USD
$3,957.00 USD
Short Term Debt
$186,419.00 USD
$229,158.00 USD
Long Term Debt
$4,590,439.00 USD
$1,765,747.00 USD
Revenues And Sales
$760,893.00 USD
$0.00 USD
Costs Of Goods Sold
$271,771.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$1,861,612.00 USD
-$945,730.00 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

Reg CF Closing November 12th, Reg D Launching Soon!

13 days ago

Dear Investors and Waitlisters,

Thank you so much for making our Reg CF offering an amazing success!

Since we have reached the maximum amount, we will be closing the campaign on November 12th, 2019. For those who were not part of previous Rolling Closes, you will have up until 48 hours prior to this deadline to cancel your investment, otherwise, you will not be able to do so. If you are on the waitlist, you will informed after the closing in case your investment has been accepted.

For those of you who are interested in re-investing or are not cleared from the waitlist, we will be launching a Reg D offering immediatly after the close of of this offering.  

This offering will be made pursuant to SEC regulation D, rule 506C, and is open to accredited investors only. This is not to be construed as a solicitation for investments under the planned offering, which can only be made pursuant to Tap Systems accredited investor offering memorandum.

Notice of Funds Disbursement

28 days ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Tap Systems, Inc. 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 Tap Systems, Inc. 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

We have passed the $750,000 Milestone!

about 1 month ago

We are now past the 75% point - THANK YOU to the 1,500+ investors that have made this possible!  

We are now taking orders for and shipping the Tap Strap 2. 

Heading into the holiday season with a great product and an ambitious plan.  

Exciting times!

Notice of Funds Disbursement

about 1 month ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Tap Systems, Inc. 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 Tap Systems, Inc. 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

We have launched Tap Strap 2 with AirMouse!

about 1 month ago

We have launched our second generation Tap Strap, which includes AirMouse, the first plug and play gesture based control system. 

Tap Strap 2 represents another breakthrough in interaction technology, and, we believe, opens up significant, immediate market opportunities for Tap Systems.

 

Notice of Funds Disbursement

about 2 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Tap Systems, Inc. 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 Tap Systems, Inc. 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

Thank you! We are off to a great start!

about 2 months ago

Sending a huge THANK YOU to all of our supporters and backers.  We already have 300 investors and are off to a roaring start!

Last week we were at TechDay LA,  Tap always draws a crowd at live events, and this was no exception.  It is so gratifying to see people's reactions at experiencing Tap for the first time.  It is the excitement of experiencing the future.

Thank you for joining the Tap revolution!

David Schick, CEO


Notice of Funds Disbursement

2 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Tap Systems, Inc. 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 Tap Systems, Inc. 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

Notice of Material Change in Offering

3 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Tap Systems, Inc. offering. Here's an excerpt describing the specifics of the change:


Tap Systems Inc. has extended their campaign and updated their perks.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Show More Updates End of Updates

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