Samy Karuppana
Phoenix, AZ (USA)
Role(s):
Active Funding Request
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C-Level Executive (CEO, CFO, etc.)
Solar Pool Technologies, Inc.
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Startup
Location:
Phoenix
Industry:
Manufacturing
Year Founded:
2006
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
"C" Corporation
Description:
Investment opportunity in World's only Solar Powered Swimming Pool Robot Cleaner company
We manufacture and sell the Solar-Breeze, the world's only solar-powered robotic pool cleaner. This product is patented, field proven and ready to scale, with market validation complete and an experienced management team in place to execute our growth plan. Pricing, cost and margins for the product have been validated and a reliable supply chain is in place that can produce the Solar-Breeze with a high level of quality. The Solar-Breeze offers a great value proposition to pool owners by allowing them to reduce their pool energy consumption be up to 65%, saving hundreds of dollars annually, which pays for the unit in less than a year. It also eliminates the need for hand skimming, leaving them with a sparkling clean, swim-ready pool all the time.
Over the past three years, 5600 units have been sold in 40 states and 17 countries. Our channel partners include such quality retailers as Leslie’s Pool Supplies, Frontgate Catalog, the Sharper Image Online, Amazon, Pool Supply World over 100 other retailers and distributors worldwide. There are over 16 million swimming pool owners worldwide who spend over $10 billion annually on after-market swimming pool products.
We are seeking $2.2 million of additional capital from an equity partner. This will supplement the $2 million already invested by founders and early stage investors. These funds will be used to finance the growth in inventory and receivables necessary to achieve our sales growth objectives, make additional investments Significant investments in sales and marketing, and broaden our network of retailers and distributors. Some funds will also be directed towards product design with a focus on further cost reduction to improve margins.
For a copy of our detailed business plan and to discuss investment structure please contact Paul Sim, CEO directly at 480-285-9455 or email paul@solar-breeze.com .
https://dl.dropboxusercontent.com/u/56664194/SPT-%20One-Page%20Summary%20-%208-20-14.pdf
https://dl.dropboxusercontent.com/u/56664194/SPT%20-%20Executive%20Summary%20-%20August%202014%20-%208-20-14.pdf