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Edge Tech Labs isn't accepting new investments

Edge Tech Labs’ deadline was November 11, 2017

Follow the company to stay updated on their progress, including future investment opportunities


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Logo of Edge Tech Labs

Edge Tech Labs

Three amazing brands, one special company with a proven global strategy
Hardware Music B2C Subscription Apps IoT
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Featured image of Edge Tech Labs
$82,371
Raised
146
Investors
Successfully funded and closed on November 11, 2017.
Invest in Edge Tech Labs
Pitch Updates 9 Reviews 48
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Closed on November 11, 2017. Information may not be up-to-date. Campaign closed on November 11, 2017. Information displayed may not be up-to-date.

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Edge Tech Labs, LLC. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Edge Tech Labs Crowd SAFE
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Hear from some of the 146 investors in Edge Tech Labs


Show more

Deal Highlights

  • $500K trailing twelve month (TTM) revenue with $365K year-to-date (YTD)
  • 200% revenue growth from 2015 to 2016 and on track to do the same this year
  • 3 products in market: Fret Zealot, DrinkMate, & VineTracks
  • Global distribution network with users in 110+ countries
  • Previously raised $550K in seed investment
  • Multiple revenue streams for each product

Three Brands, One Company

There is a lack of innovation in middle-sized (~$1B per year) markets. We’ve developed a strategy for launching products effectively, efficiently, and successfully.

Edge Tech Labs is a full-stack software and hardware company that specializes in bringing state-of-the-art products to these niche markets gaps.

We are a diversified holding company that has full control over each of our brands. By leveraging similarities and technological overlaps between different products, we gain significant competitive advantages in both our operating models and pricing.

Entire product brands are designed, developed, and delivered.



We use a distinct and tested strategy:


Brand Overview


Press



Fret Zealot

 

Fretted instruments are a $1.5 Billion industry in the USA alone with over 2.6 million guitars being sold each year.

Customer Value Proposition

The perfect price point

100% margins for us on wholesale, 100% margin for retailers as well.

1,700 orders YTD with great expectations for this upcoming holiday season.

Want more product specifications? Check out our website or crowdfunding campaign.

Product Expansion Plans for 2018:

  • International distributors to stock physical stores
  • Sponsored and premium content in the mobile apps
  • 2018: Bass and Ukulele versions of Fret Zealot released



DrinkMate & Happy Hour Hunter

 


Click the image above to check out the LIVE DrinkMap!

“Happy hour and late night can generate up to one third of adult beverage sales.”

 Learn more DrinkMate specifications at our website.


VineTracks


Business Model


Wine is a $35 Billion industry in the USA alone

Growers invest in technology to ensure their product is best

Diversification while leveraging development commonality is key to success in the modern market

Our products have at least two viable revenue streams


200% Growth from 2015 to 2016 and increasing


Scalable Overall Business Model






Product Release Timeline

We're focusing on building our existing brands for the time-being. We chose these three brands very deliberately in order to leverage economies of scale for manufacturing and better weather market shifts. We likely won't introduce a new brand until 2019 unless one of our existing brands is acquired.







Organization Layout


Message from the founder & CEO


Firstly, thank you for taking the time to learn about us! Building this company has been a wild and exciting ride. I was raised on horse farms in rural Virginia and when it came time to choose a college, I was lucky enough to have the University of Virginia available to me with in-state tuition. There I studied engineering, lead various design teams to competitions across the country, and discovered a passion for building products in unconventional ways.

When I graduated, I took my own version of a miniature “gap year” where I worked and lived on the USNS Mercy for 4 months as it traveled around Southeast Asia. I supervised Navy Seabees as we did humanitarian construction (mostly clinic and orphanage re-building) and gained an international perspective on what’s possible when you put your mind to it. This experience is what inspired the global nature of Edge Tech Labs’ products and work force.

Edge Tech Labs was created out of the visions of myself and my two other co-founders, John Tolly and Brandon Borko. I started this company with DrinkMate, Brandon spent 5 years refining Fret Zealot, and John wanted to bring low-cost wireless sensors to commercial markets. Building any product requires an immensely cross-functional team, so we teamed together to avoid any potential technological expertise gaps.

This company is our life and we’re asking for you to join us in accomplishing our vision of launching the forward-thinking brands everyone deserves. Thank you!

-Shaun



Join us in our quest to grow forward-thinking brands that everyone deserves

Deal terms


Valuation cap

$4,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

20%

If a trigger event for Edge Tech Labs occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$100

The smallest investment amount that Edge Tech Labs is accepting.
Learn more

Funding goal

$400K

Edge Tech Labs must achieve its minimum goal of $50K before the deadline. The maximum amount the offering can raise is $400K.
Learn more

Deadline
Edge Tech Labs needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Edge Tech Labs, LLC. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Edge Tech Labs Crowd SAFE

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Edge Tech Labs.
Invest
$100
Receive
  • Personalized thank you from the founders + listing on our website (with your consent)
Invest
$500
Receive
  • All of the above + Fret Zealot sticker & DrinkMate coozie
Invest
$1,000
Receive
  • All of the above + Complementary DrinkMate or any desired customized accessories from our brands
Invest
$2,500
Receive
  • All of the above + Complementary Fret Zealot
Invest
$5,000
Receive
  • Complementary products + lunch with the team.
Invest
$10,000
Receive
  • All of the above + access to exclusive updates and beta products.
Invest
$25,000
Receive
  • All of the above + free flight to DC (up to $400 value) for an office tour and meal with the team.
Invest
$50,000
Receive
  • All of the above + Major investor designation (see Form C for details).

Why others invested

See all reviews (0) See all (0)

I invested because I like that it's a lab of innovation and cutting-edge technology.

Profile picture of Nicolas De Castro
Nicolas De Castro
Active investor
over 7 years ago

I know how hard it is to master the guitar, I wish Fret zealot was around when I started. Now I can be a part of spreading the joy of learning how to play the guitar.

Profile picture of Texsa Dewobroto
Texsa Dewobroto
Investor
over 7 years ago

I like their products and their lean approach to find new ones.

Profile picture of Dragos Nicolaescu
Dragos Nicolaescu
Active investor
over 7 years ago

About Edge Tech Labs

Legal Name
Edge Tech Labs, LLC
Founded
Aug 2013
Form
Virginia LLC
Employees
4
Website
edgetechlabs.com
Social Media
Headquarters
Google Map location of of Edge Tech Labs
2221 South Clark Street , Arlington, VA
Headquarters
2221 South Clark Street, Arlington, VA, United States 22202

Edge Tech Labs Team
Everyone helping build Edge Tech Labs, not limited to employees

Profile picture of Shaun Masavage
Shaun Masavage
CEO
Featured in Superheroes · Read
DC-based engineer turned entrepreneur. With years of industry engineering experience including the U.S. Navy and private sector, he founded Edge Tech Labs in 2013 and has been growing it ever since.
Profile picture of John Tolly
John Tolly
CTO
Former Co-founder & CTO at Sideline Genius and Director of Engineering at The Tolly Group. He has years of industry experience and responsibility in systems engineering, benchmarks, development, and design. He is obsessed with Python.
Profile picture of Chris Proctor
Chris Proctor
Sales Director
Chris uses his extensive industry sales experience to manage our sales teams and ensure we achieve our sales, revenue, and profit objectives. He makes sure we keep our eyes on the prize (i.e. end goals).
Profile picture of Allan Regis
Allan Regis
Mechanical Design Engineer
As a 3D modeling guru, Allan puts meticulous detail into the physical enclosures and display systems for our products.
Profile picture of Leo Zhang
Leo Zhang
Manufacturing Lead
All our products pass under Leo's eyes on site at our various factories prior to getting shipped. He ensures our quality is never compromised and manufacturing schedules and relationships are maintained.
Profile picture of Brandon Borko
Brandon Borko
Manufacturing Feasibility Expert
Brandon has a perfect trifecta of experience in hardware, firmware, and computer science. He makes sure our products are state-of-the-art in their industries.
Profile picture of Elgie Magallano
Elgie Magallano
Customer Service
Elgie is a rock star for our customer support systems. She ensures we respond to 100% of customer inquiries and go well above industry expectation of company interactions.
Profile picture of Thomas Ciccarelli
Thomas Ciccarelli
UX/UI Designer
Proper design guidelines are essential to any game changing product. Tom's unmatched eye for good design keeps us on top with our branding, UX, and UI.
Profile picture of Velan Thillairajah
Velan Thillairajah
Business Advisor
"V" was one of the earliest believers in Edge Tech Labs. He's been our go-to for big business questions as we expanded and grew.
Profile picture of Xiaoqi Deng
Xiaoqi Deng
Firmware Engineer
Profile picture of Arpit Khandelwal
Arpit Khandelwal
Software Program Manager (Systango)
Profile picture of Arpit Jain
Arpit Jain
Quality Assurance Manager (Systango)
Profile picture of Rishabh Shah
Rishabh Shah
Project Manager (Systango)
Profile picture of Srinivas Kalyani
Srinivas Kalyani
Systems Developer (Systango)
11 more team members
Xiaoqi Deng
Firmware Engineer
Shaun Masavage
CEO
Arpit Khandelwal
Software Program Manager (Systango)
John Tolly
CTO
Arpit Jain
Quality Assurance Manager (Systango)
Chris Proctor
Sales Director
Allan Regis
Mechanical Design Engineer
Rishabh Shah
Project Manager (Systango)
Leo Zhang
Manufacturing Lead
Brandon Borko
Manufacturing Feasibility Expert
Elgie Magallano
Customer Service
Thomas Ciccarelli
UX/UI Designer
Velan Thillairajah
Business Advisor
Srinivas Kalyani
Systems Developer (Systango)

Press

Fret Zealot Makes Learning the Guitar Easy Again
ARLnow.com - Arlington, Va. Local News ARLnow.com - Arlington, Va. Local News
·
Feb 5, 2018

Sponsored by Monday Properties and written by ARLnow.com, Startup Monday is a weekly column that profiles Arlington-based...

This Entrepreneur Invented a Device to Teach Millennials ...
Inc.com Inc.com
·
Jan 17, 2018

So you've had that guitar sitting in the corner or stuffed into the back of a closet for years, and you've never bothered...

Forget that Guitar Hero axe. Fret Zealot teaches you to p...
Digital Trends
·
Nov 2, 2017

If there's one thing Guitar Hero and Rock Band have proven, it's just how much everyone wants to shred on six strings. Bu...

DrinkMate Is A Tiny, Plug-In Breathalyzer For Android Dev...
TechCrunch TechCrunch
·
Aug 29, 2017

Devices that plug into smartphones to augment the built-in sensors with additional smarts are continuing to make their wa...

7 Questions for the Inventor of DrinkMate, a Tiny Breatha...
Food & Wine Food & Wine
·
Jun 22, 2017

Food & Wine goes way beyond mere eating and drinking. We're on a mission to find the most exciting places, new experience...

In the Home Stretch, Creator Award Finalists Perfect Thei...
Creator by WeWork Creator by WeWork
·
Mar 26, 2017

After leading her nonprofit for a decade, Cristi Hegranes had perfected her pitch. She knew just how to describe her orga...

LED lights on a fretboard seem like the obvious way to le...
The Verge The Verge
·
Feb 7, 2017

Fret Zeppelin is going to tech you how to play guitar through fiber-optic LED lights. Instead of relying on an instructor...

Meet Fret Zeppelin, an LED-Based Learning System for Stan...
Guitar World
·
Jan 25, 2017

Earlier this month, DC-based Edge Tech Labs launched a Kickstarter campaign for a little something called Fret Zeppelin. ...

Smart guitar accessory Fret Zeppelin uses LEDs to unleash...
Digital Trends
·
Jan 12, 2017

We loved Guitar Hero back in the heady days of 2008, with its simple gameplay dynamic of colored buttons to press on your...

'Smallest breathalyser in the world' developed for Androi...
Mail Online Mail Online
·
Sep 17, 2014

DrinkMate plugs into Android phones and displays Blood Alcohol Content BAC is a measure of how much alcohol is present pe...

7 Tech Projects That Could Revolutionize Your Daily Life
Mashable Mashable
·
Sep 13, 2014

Smartphones, Wi-Fi and wearables can only go so far. Sometimes the problems of day-to-day life don't have a tech solution...

Tiny Breathalyzer Plugs into Your Phone - PSFK
PSFK PSFK
·
Sep 9, 2014

Presenting perhaps the smallest and lightest alcohol breath detector in the world Despite the availability of breathalyze...

DrinkMate is a Mini Android Breathalyser That You Can Kee...
Gizmodo UK Gizmodo UK
·
Aug 31, 2014

We've seen smartphone breathalysers before, some exclusive to iPhones and some that work on iOS and Android. The thing is...

Fret Zeppelin Device Teaches Guitar in Sixty Seconds > EN...
Engineering Engineering

Shaun Masavage, John Tolly and Brandon Borko from Edge Tech Labs all had a passion for music and specifically the guitar....

Watch the coolest inventions of 2017 in action
Red Bull Red Bull

See five of the best crowdfunded inventions of the year so far in action in this video.

Show all
Logo of Edge Tech Labs

Edge Tech Labs

Edge Tech Labs successfully raised $82,371 from 146 investors on November 11, 2017
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Neeraj, David, Ryan, Lyle, christian, and 141 others invested. 48 Reviews
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