The Whipr offering is now closed and is no longer accepting investments.

Whipr

Paddle, Ski, Row +

Whipr

Paddle, Ski, Row +

Oceanside, CA
A full-sized workout, stored next to your sneakers. Whipr is a portable ERG machine designed for Paddle, Row, Ski, Swim, Surf, Kayak, Canoe, Dragon Boat & multi sport training.

$1,350,873

raised
1,288
Investors
$20M
Valuation
$1.15
Price per Share
$250.70
Min. Investment
Common
Shares Offered
Equity
Offering Type
$2.5M
Offering Max
0
Days Left

$1,350,873

raised
1,288
Investors
$20M
Valuation
$1.15
Price per Share
$250.70
Min. Investment
Common
Shares Offered
Equity
Offering Type
$2.5M
Offering Max
0
Days Left
This offering ended on December 15, 2021 and is no longer accepting investments.

Reasons to Invest

Whipr’s Advisory Board includes FUBU CEO and Shark Tank star Daymond John and 4 x Crossfit Games winner Rich Froning Jr.
#2 highest funded fitness Kickstarter in history raising $3.51M from 9,100 backers. Pre-sales since August 2020 exceed $5.7M with over 11,500 customers. Over the next 12 months we intend to continue growth with new products, VR compatibility and a subscription service.
The global fitness industry is an $11 billion market, and Whipr has been granted a strong patent allowance for portable ERG machines and our rowing accessory. Our applications extend beyond this market with medical trials in progress.

Overview



The problem



The solution




The Market




Source


The Business model



our Leadership



Traction



Why invest




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Offering Summary


Company

:

Whipr, Inc.

Corporate Address

:

3784 Mission Ave Ste 148, Oceanside, CA 92058

Offering Minimum

:

$9,999.25

Offering Maximum

:

$2,499,999.95

Minimum Investment Amount

(per investor)

:

$250.70











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

8,695

Maximum Number of Shares Offered

:

2,173,913

Price per Share

:

$1.15

Pre-Money Valuation

:

$19,952,500.00











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.

Company Perks*

Time-Based:

Friends and Family Early Birds

Invest within the first 48 hours and receive additional 8% Bonus Shares.

Super Early Bird Bonus

Invest within the first week and receive additional 5% Bonus Shares.

Early Bird Bonus

Invest within the first two weeks and receive an additional 2% Bonus Shares.

Amount-Based:

$500+ | Tier 1

Receive an additional 10% off any order made through our website.

$1000+ | Tier 2

2% Bonus Shares + Whipr hat + additional 10% off an order made through our website. 

$2,500+ | Tier 3

3% Bonus Shares + Whipr hat + your choice of a row package ($788 MSRP) or a paddle/ski package ($657 MSRP). Product supplied excluding shipping and taxes.

$5,000+ | Tier 4

4% Bonus Shares + Whipr hat + Whipr paddle/ski/row package (retail $1056 MSRP). Product supplied excluding shipping and tax

$10,000+ | Tier 5

6% Bonus Shares + Whipr hat + Whipr paddle/ski/row package (retail $1056 MSRP). Product supplied excluding shipping and taxes.

* Note these perks do stack with the other live offering perks.

The 10% StartEngine Owners' Bonus

Whipr 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 $1.15 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $115. 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 only receive a single bonus, which will be the highest bonus rate they are eligible for.

*All perks occur when the offering is completed.

The Company will not incur any irregular use of proceeds.


Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$2,983,300.00 USD
$0.00 USD
Cash And Cash Equivalents
$2,699,060.00 USD
$0.00 USD
Accounts Receivable
$284,240.00 USD
$0.00 USD
Short Term Debt
$0.00 USD
$0.00 USD
Long Term Debt
$0.00 USD
$0.00 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
-$1,349,492.00 USD
$0.00 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

Investor perks being sent

8 months ago

Good afternoon!

Just a quick update to let you know that we will be sending out investor perks starting today December 29th. Here's what you can expect:

Tier 1 investors: a 10% off voucher code will be sent by email

Tier 2 investors: a 10% off voucher code will be sent by email + a gift card equal to the current value of a whipr hat

Tier 3 investors: a gift card equal to the current value of a row package + a whipr hat. Note that you don't have to buy a rower, your actual equipment choice can be made on our website.

Tier 4 & 5 investors: a gift card equal to the current value of a paddle/ski/row package. Note that you don't have to buy a rower, your actual equipment choice can be made on our website.

All products are now in stock and ship within 2-3 business days of the order being placed. 

Note that we still have quite a few investors going through the confirmation process, we'll send out another round of perks to those people once we have confirmation from StartEngine that we can do so. We do not have control over expediting that process but it will be complete within 45 days of the campaigns conclusion.

If you have any other questions you can reach us on our support site at https://support.whipr.com, be sure to select the 'investor questions' option from the dropdown so your enquiry is correctly routed. 

Thanks so much, hope your holiday period is going great!

Sincerely

Luke Tipple | founder & ceo whipr, inc.


Only a Couple Hours left! Also, here's how to claim your equipment perks.

8 months ago

Hi everyone,

First up, we just delivered another 698 orders in the last 2 days in the US, Canada and Australia! We're thrilled to see good reviews roll in and posts going up on social media with people putting the products to good use. 

As this campaign comes to an end, myself and the whipr team want to thank the investors who backed us from the beginning and also welcome  new investors that have  joined us these last few days and weeks. We look forward to reporting on the growth of Whipr, Inc. that will we expect to be accelerated with your investment. 

For anyone who may be considering joining us, there are still a few hours left. This campaign closes at 11:59pm PT tonight (Tuesday Dec 14). It will not be extended. 

After the campaign closes we'll go through a process of confirmation with Startengine that will take a couple of days. Once the investments are confirmed we'll be sending out gift cards matching the value of perks you may have selected in the tiered levels. Those cards are redeemable on whipr.com and, provided you choose the products we have listed in the perks, will ship out within a couple of days from our 3PL in Utah.

Thanks again investors, this has been a whirlwind of a week. Thank you for your trust in this team. We look forward to having you onboard.

Sincerely,

Luke Tipple and the Whipr team.

Whipr is now officially entering the world of Virtual Reality! 1 day left to invest.

8 months ago

When I started whipr I just wanted a device to take with me on boats to train for paddle-board races. Since then it has gone from  a back of the napkin drawing (literally) to a full developed and manufactured product in just under a year. The speed of this progress is owed to a successful Kickstarter campaign, and we also owe that campaign thanks for the idea (ahem, insistance :) to add bluetooth to the base unit. 

This now pays off as we can formally announce that, due to our FTMS bluetooth capability, we are now compatible with Virtual Reality training programs like HOLOFIT by Holodia!

If you're not familiar with HOLOFIT, you should really check it out. It allows you to enter a virtual world and interact in real time with a compatible device. One minute you're rowing through a tropical jungle the next you can be piloting a cart through the wild west. It's super fun and, more importantly, motivating and I'm personally pretty hooked on it.

We've teamed up with Holodia to offer a free extended trial of HOLOFIT with every purchase of a whipr base unit. This is both a great sales motivator at the cart and a terrific customer retention tool, especially when we can announce compatibility with our other modalities. But more importnatly this gives our customers more value and motivation from whipr and we're stoked for them!

Check out some VR action below, for those of you who have backed us at an equipment perk level, you may want to put an Oculus headset on your wish list for Christmas!

Thanks again,

Luke Tipple | whipr founder and ceo

PS. Only one day left to invest!



A word from Whipr Partner and Advisor Daymond John

8 months ago

With just hours left of this raise whipr partner and advisor Daymond John has a message for those investors weighing their options before we close this round.


3 days left, and we're stocked for the holidays!

8 months ago

Hi everyone,

There are just three days left of this campaign and we want to thank each of our investors for joining us in our worldwide mission to #GetWhiprFit. 

Today we're pleased to share that our 3PL warehouse in Utah has received inventory that was in part funded by this campaign. We currently have well over $1.2m in inventory (valued at current website prices) on hand and are shipping daily in response to the holiday demand. 

We're also pleased to let you know  we've secured more favorable terms with our suppliers that will result in lower COGS and less financial exposure for the company when placing our next PO's due to lower deposits and prolonged final payment terms. This is super important for Whipr, Inc. as we'll incur the majority of COGS expenses closer to the DTC sales of that inventory. 

On the pre-order front we saw another 599 orders delivered this week and just dispatched another 647 orders for their last mile delivery. Most back-orders that are still en-route will be delivered by the end of December with three more containers delivering to the US and EU in early January. We're very much looking forward to wrapping up that part of our business and moving forward purely with DTC sales in 2022.

With just a few days left we'd like to encourage anyone that has yet to invest in our company to join us. We have big plans for Whipr, Inc. and, frankly, we're just getting started. 

Below is a shot from once of the warehouses in Utah :)

Sincerely,

Team whipr. 


4 days left to invest... customers are stoked!

8 months ago

Just 4 days left to invest! We just had another 1,200 orders deliver to USA and Canada and we're hearing good things from our customers. 

The video below is from ADHD Coach Michelle Rolls who tells us repetitive actions like rowing can be excellent for the treatment of ADHD. She's exccited to recieve her whipr setup as it's a portable olution that she can take to clients houses and use in their treatment. We've invited her to share her experience with a blog on our website and we're looking forward to hearing more! 

We're also looking forward to reviewing published results of the medical study being conducted by Texas University. They're using whipr as part of the treatment for a drug resistant heart disease that affects millions of Americans every year. 

We're excited about the  potential for growth in the medical space and look forward to reporting the finding to our investors in 2022. 




5 days left and Industry leaders are talking about whipr

8 months ago

With just 5 days left to invest in whipr we're reviewing what has been published about this investment opportunity and we couldn't be prouder. 

It's an interesting read and the author concludes by giving his personal opinion:

I would normally do a Bull and Bear case, but this one seems pretty obvious. Personally, I am optimistic of this company and actually ended up purchasing at the $2500 level to get the free Whipr row machine. I love fitness, but my studio doesn't exactly have the room needed to host my own gym. Solutions like this give me hope though! The better valuation is just a perk.

We're glad to have him as an investor! As a reminder this campaign is almost at an end, please share this opportunity with your friends.

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


6 days left - Last chance to invest and score bonus whipr equipment for Christmas!

8 months ago

Just 6 days left of this campaign and a reminder of the extra perks we're offering at the Tier 3, 4 and 5 levels. 

Once this campaign closes we'll be sending investors their coupons to claim these perks... they'll ship in time for Christmas. 

Tier 3 & 4 - bonus row or paddle/ski package

Tier 5 - bonus paddle, row and ski package (our most popular package)


Over 10,000 orders shipped. Country demographics available.

9 months ago

Hi Investors,

First off, we're getting ready to wrap up this campaign in 12 days so spread the word about this opportunity and let's finish strong. More investment means we can accelerate quicker towards our goals such as releasing additional SKU's in 2022. 

For those that invested at perk levels, once the campaign concludes we'll send out vouchers to the purchase value of the equipment you invested in so you can claim them from our store. 

Now, it's no secret that the shipping crisis has rocked the entire manufacturing and import business an we've not been unscathed. We have however persevered and are pleased to let you know that we've shipped over 10,000 orders in the past few months! We're now down to the last few hundred backorders being shipped from Hong Kong to our pre-order customers worldwide. 

There have certainly been a few hiccups with a small number (less than 0.01%) of orders having delivery difficulties but we're working through those and are committed to ensuring all pre-orders are delivered. There are also many orders still on containers making their way to customers and we're looking forward to seeing them arrive. The country stats where we are shipping are in the image below.

 

Of the 10,000+ shipped orders over half have been delivered and the feedback is fantastic. People are enjoying their whipr setups and starting to generate some great content so we can see it at work. Below are a few selections from our stoked customers!




Notice of Funds Disbursement

9 months ago

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

Hello!

As you might know, Whipr 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 Whipr 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

New IP secured with Ski accessory patent

10 months ago

Good morning investors,

Some more good news today as we just received confirmation of our ski accessory's patent allowance from the USPTO!

Utility Patent Application number 17/19,609 is currently being issued to Whipr, Inc. and further shores up our intellectual property suite. 

I hope to soon report on the additional child patent that are currently being processed for our base unit. 

Thanks for your support and for being part of whipr!

Sincerely,

Luke Tipple | whipr founder & ceo




Notice of Material Change in Offering

10 months ago

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

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


Issuer is extending the length of their campaign by 60 days.


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.

Product now delivering worldwide, distribution center established and introducing our new COO

11 months ago

Good afternoon investors,

Today is a good day, our first containers full of product have arrived in the United States! They're currently sitting on a vessel in Long Beach waiting to be unloaded. This is the first of many such deliveries that are either happening or in process around the world with 11 containers currently in transit and an additional 8 containers waiting to be loaded. 

To date we've shipped 42% of our crowdfunded orders and have a predicted 4 months of inventory on the ocean right now destined for our distribution center in Utah. We expect to have enough inventory to get us through the Holiday period which is fantastic news as many companies face historic shortages and will be undersupplied for this very important sales window. 

A few more updates for you:

Product manufacture and delivery

  • Our production lines are 94% complete with only a small number of our SKU's remainining to roll off the assembly line. These items will immediately enter our DTC channels. 
  • Due to our volume we've negotiated favorable shipping rates and can equitably offer free shipping for new customer sales to North America.

Customer Feedback

Customer feedback is startiong to roll in and so far its overwhelmingly positive. 

"I'm a little obsessed with Whipr. Been working on my form and getting a good habit going. I've even booked to go back on the water with my friends this weekend." - Kickstarter Backer 1687

"I really like it!... I think it could democratize rowing for a looooot of people who want to get in to it - for portability and adaptability to other sport modalities" - Kickstarter Backer 452

We have retained a social media company to engage further with our backers, solicit reviews and take advantage of the UGC (user generated content) that will inevitably roll in as we deliver many thousands of orders, particularly to the USA.

Meet our new COO

Now is as good a time as any to introduce our new COO, Rich Little. Rich prides himself on enabling organizations to transform, revive, and thrive. Some of his most notable achievements are:

✔ Delivered turnaround for an unprofitable company, transforming it to 12% EBITDA within 3 years.
✔ Positioned 2 companies for successful acquisitions by private equity.
✔ Drove 46% increase in profitability (to 26% EBITDA) for a $65M women’s apparel manufacturer.
✔ Reduced OPEX 22%, resulting in a 4.5% net increase to bottom-line profitability.
✔ Transformed toxic cultures into healthy, collaborative environments of high performance.
✔ Enabled 2 organizations to pivot from a domestic-only business model to an international import/export model. Cemented global strategic relationships within ASIA, CENTRAL AMERICA, MEXICO, and the USA.
✔ Established strong relationships with major retailers including WALMART, TARGET, COSTCO, KOHL’S, ROSS, and TJ MAXX, among others.

So far his career has been devoted to mastering the full manufacturing and supply chain life cycle and he's now bringing that experience to Whipr and already having a huge positive impact on our team in optimizing our people, processes, and profits.

Change in offering

We've recently completed a comprehensive audit and have been approved to raise money past the $1.07m threshold that was previously in place. We're excited to welcome new investors to our company and would encourage any fence sitters out there to consider this as the right time to get involved as we expect the next couple of years to have significant upside. 

Until next time, let's #getwhiprfit and thanks so much for your support!

Sincerely

Luke Tipple | whipr founder and ceo



Notice of Material Change in Offering

11 months ago

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

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


Issuer increased their maximum funding goal, provided audited financials, and added an Officer (COO).


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.

Notice of Funds Disbursement

11 months ago

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

Hello!

As you might know, Whipr 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 Whipr 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 Funds Disbursement

about 1 year ago

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

Hello!

As you might know, Whipr 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 Whipr 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 product shipping!

about 1 year ago

Good afternoon,

As we approach $1M in funding I'm pleased to announce that our product is now on it's way to our first customers! Most of our total initial purchase orders have been finished while the rower and base units are still in production with around 40% already completed. Our production lines are working 7 days a week producing between 200 and 500 of each per day. 

Pictured is some raw footage from the factory floor where we have QC inspectors working full time. The first 2 containers of product leaves the factory on July 31st with a further 6 containers leaving for our distribution center in the first week of August. 

We're thrilled to be seeing such high volumes of product steaming and winging its way to our OG backers and are looking forward to the product feedback.


By the way, if you happen to be at the Crossfit Games, see if you can bump into Crossfit Champion Rich Froning who has our rower and ski setup for a portable training solution. 

Thanks as always for your support, we look forward to sending more good news in the very near furure. 

Sincerely,

Luke Tipple | founder & ceo Whipr, Inc. 

Notice of Funds Disbursement

about 1 year ago

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

Hello!

As you might know, Whipr 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 Whipr 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 Funds Disbursement

about 1 year ago

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

Hello!

As you might know, Whipr 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 Whipr 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

Whipr's recent progress in the medical space

about 1 year ago

Good afternoon!

We're just coming off the holiday weekend here in the US and to start the week off right I wanted to share some great news. 

You'll have read that Whipr, Inc. is contributing and participating in medical trials with the research team at the Institute for Exercise and Environmental Medicine (IEEM) in Texas. This update brings you the latest from their team. 

Below is a video from the very first viability study for assisting in the prevention of heart failure in patients that have a specific drug resistant condition. Exercise has shown to be highly effective at improving their odds of heart failure prevention, and whipr has been identified as the primary candidate for use in a standardized prescribed fitness treatment regime. This recent update is after the whipr base unit has been integrated into a 'kicking' chair (not pictured) to standardize the process and results.

"Today we first tested [whipr] on an actual study participant – with great success! The individual (a 73-year-old male heart failure patient with prior double knee replacement) was able to smoothly kick for 30min without pain or need to stop due to baseline Whipr resistance being too great. I have another participant currently kick training with us – a male of similar age – with whom I plan to complete a similar trial session early next week. I also intend to complete a high-intensity session with the participant I first described, which will entail vigorous kicking and, thus, will even better test this set-up. Given what I observed today, I have high confidence this additional trialing will go well. Thank you again for your help in providing us with the current unit and what will probably be several more. I certainly will sleep a little better this weekend knowing we seem to finally have a workable training modality for this specific population." - Mitchel Samels, M.S. | Research Coordinator, IEEM

We're thrilled by this news and are in the process of supplying production units to their research team. The production units will use bluetooth technology to sync remotely with their medical databases, providing valuable insight into the participants work effort without a technician having to be on site. We believe this has potential to not only help a lot of people, but to expand our market significantly into the medical space.

We hope you had a terrific weekend.

Sincerely

Luke Tipple | Founder & CEO Whipr, Inc.

PS We're currently over 75% subscribed on this initial offering which is very exciting. Thanks so much for your support!





Whipr shipping dates announced.

about 1 year ago

Good afternoon everyone!

Just a quick note to say thanks for investing in the next growth phase of Whipr, Inc. 

I thought you'd like to know that we've confirmed shipping with our freight agents and factories and have today given our pre-order customers notifications of their shipping dates. The first bulk ocean shipment of around 2,500 orders is expected to depart our factory on or about July 28th, followed by a further 4-6k orders on or about August 25th then another 6k+ around September 22nd. This shipment schedule will fulfill all of our pre-orders inclusive of crowd-funding, e-commerce and wholesale as well as supplying our distribution centers with inventory for immediate new order fulfillment.

These are exciting times for us as we gear up to see the whipr ecosystem of products in the hands of so many customers. We anticipate the UGC and resultant sales will drive a period of rapid growth, not to mention the upcoming holiday and 'new years resolution' period during which fitness companies traditionally do really well. This will further be bolstered by capital from this raise which will immediately accelerate growth plans aimed to increased sales and market share.

Thanks again for your support, let's #getwhiprfit!

Sincerely

Luke Tipple | Whipr, Inc. Founder and CEO.

Over $450,000 raised in only the first 3 days!

about 1 year ago

Hi everyone,

I'm really thrilled to be welcoming so many of you to Whipr, Inc. Thank you so much for investing in our company! When we launched this campaign I wasn't quite sure what the response would be. Myself and the team are humbled and very happy to see so many people sharing our vision and the value of the investment. 

We won't let you down. 

I'll be personally moderating comments that come through and I look forward to connecting with you as whipr grows. For now, I thought I'd answer a couple of questions that have come up in the comments in the text below.

Thanks again for your support, let's #getwhiprfit!

Sincerely

Luke Tipple | Whipr, Inc. Founder and CEO.


Q: What stage of production are you in and when do you ship?

A: We entered initial mass production in March, it's staggered by SKU and we're producing around 80,000 units cumulative total of all SKU's across our PO's. Currently we're over 50% complete (with base units and rowers still in production) and all manufacturing for current PO's is expected to conclude in early September. This includes all pre-orders, wholesale and inventory for our US and Taiwan distribution centers. Our first mass shipment (ocean) is expected to be in our Hong Kong warehouse for processing at the end of July after which we'll be shipping en-masse every 3-4 weeks. 

Q: Where have sales come from so far?

A: We raised 3.51m on Kickstarter, current sales to date exceed $5.7m and have come from an Indiegogo campaign, website sales, wholesale and post campaign sales to current customers. We market primarily on Facebook and Instagram with Youtube also performing well. We expect the user generated content (UGC) available after shipping to be a great source of future advertising material and user reviews/feedback.

Q: Are the products tested/durable?

A: Before green-lighting production all products are tested to simulate 2 years of hard use. We also have professional athletes putting them through the wringer. If it doesn't pass, it get's fixed and modified until is does. For example we've been through more than 8 distinct models of the base unit alone with dozens of tweaks and changes throughout. All products are backed by a factory supported 1 year warranty and extended protection plans are available for up to 3 years. 


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