Founder : Mark Chang
Location : Silicon Valley / Shanghai
Target : $0
Share Type : Common Stock
Business Overview
The patent-pending pet smart feeding management system we develop is the first pet health intelligent management system with self-learning technology. This is an epoch-making innovation in the pet industry, which greatly improves pet health, and reduces pet fatness, malnutrition, etc. The self-learning technology consists of smart feeder, smart collar, smart APP and smart big data center. The product will be the favorite of fashion pet owners, who typically fall into the following groups:1) Have great interest in technology product, willing to try new product, provide best care to pet; 2) Expect to more emotional communication, but do not have enough time to accompany pet.
Transaction Overview
The Company has raised seed round from friends and families and is looking for $1.5M for series A.
Investment Highlight
- World’s first smart pet health management system with self-learning technology, bringing you and your pet the ultimate happy pet system.
- The retail price of our product is up to 70% gross profit margin, which can meet the high profit requirement of off-line pet chain stores.
- - The products are currently manufactured in China, which reduces manufacturing costs for mass production.
About Management Team
- Mark Chang (Founder): Founded two companies, mainly responsible for company strategy direction and financing. With more than 15 years of professional experience in IT, consumer product, worked for Panasonic, Motorola, Spreadtrum. MBA from China Europe International Business School EMBA.
- Tyler Tang: Graduated in China's most famous Academy of Fine Arts Academy of China, have insight and creativity in product aesthetics, with more than 10 years of experience in marketing, in-depth understanding of how to make integration of product and consumer demand. With over 10 years of experience in pet breeding, the pet is full of enthusiasm, the product of the most original inventor.
- Kevin Zhu, Ph.D.: Graduated in Zhejiang University of computer science and technology professional, has rich experience in CAD / CAE, based on massive data architecture design, processing and analysis, light video compression and editing, based on the scene camera automatically capture identification and tracking technology, in SAIC, FAW, Huadian, multiple large project development, and responsible for development several mobile internet project.
- Irene Ji: Graduated in Zhejiang University, majoring in radio technology, jointly organized by the University of Quebec, Canada, Zhejiang industry and commerce university project management master's degree, issued by the IPMA international senior project manager certification. Worked in Motorola, UT Starcom product director, senior project manager, has rich experience in product management.
About Our Product
- Innovative real-time online pet intelligent communication system: You can have video communication with your pet at any time in any place through pet intelligent communication system.
- Neighbor friendly pet community: share information for your pet, medical service, expert nutrition, expert care, becoming your good pet butler.
About Industry
Currently, U.S. has the largest pet market in the world, and the market size has reached $55 billion in 2013; China has the pet market with the fastest growth, according to incomplete statistics, the proportion of families with pet in the first-tier cities in China has reached 12%. The pet owners below the age of 35 has accounted for more than 70%.
Financials
For Registered Investors Only
About Competitor
We have no real competitor in this market yet as our peers, Fitbark, Wistle, Petkit, only have pet behavior test function and cannot form a closed loop for pet management. Their products are more superficial and recreational whereas our product is both practical and recreational.
Exit Strategy
For Registered Investors Only
Risk Warnings
Disclosure: Investing in startups carries a high degree of risk. In general, financial and operating risks confronting both early and developmental-stage companies, as well as more mature expansion-stage companies are significant. Many emerging growth companies go out of businesses every year. It is difficult to know how companies will grow, if at all, or what changes may occur in the market. A loss of an investors entire investment is possible and no profit may be realized. Investors are responsible for conducting their own due diligence.
* It should not be assumed that recommendations made in the future will be profitable or will equal the performance of securities in this list
- Innovative real-time online pet intelligent communication system: You can have video communication with your pet at any time in any place through pet intelligent communication system.
- Neighbor friendly pet community: share information for your pet, medical service, expert nutrition, expert care, becoming your good pet butler.
This section of information is for our registered investor only. Please Sign Up as a Shanghai Valley investor.
This section of information is for our registered investor only. Please Sign Up as a Shanghai Valley investor.
This section of information is for our registered investor only. Please Sign Up as a Shanghai Valley investor.
This section of information is for our registered investor only. Please Sign Up as a Shanghai Valley investor.