Invergo pitch copy

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Intelligent Appliances INVERGO

Transcript of Invergo pitch copy

Page 1: Invergo pitch copy

Intelligent Appliances

INVERGO

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TeamCameron Hughes, CEO | Founder

Terry Robertson, Production Manager

An industrial designer and entrepreneur. Has a developed and comprehensive design research based process to find innovation solution to complex problems. Understanding of the entire design process from concept to manufacturing as well as the business side of making great products.

Specialties: Product Design, Entrepreneurship, Conceptual Design, Design Research, Prototyping, User Experience, 3D CAD, Understanding of Materials and Manufacturing.Experience: Lifetime Brands, the largest non-electric housewares company. Developed and designed a container that extends the life of produce.

A Project Manager with worldwide product development ex overall process understanding and implementation for new products to market, from concept, patent, development, manufacturing and shipment.

Specialties: Complete implementation of quality assurance practices from factory development, process implementation, online and offline QC, final audit and warehouse audits to streamlined corrective actions in support of consumer and supplier development.Experience: Euro-Pro producers of Shark Appliances and Ninja Blenders, Aerogrow producers of the AeroGarden, Holmes Group Hamilton and Beach Proctor-Silex.

Armanda Hughes, COO | Co-FounderAn organizational and operational expert that approaches problems inclusively to ensure the most efficient outcome. Due diligence and business plan development for prospective investments as well as overseeing the all the financial aspects of the company.

Specialties: Accounting, Organization, Entrepreneurship, Trade Shows and Exhibits Business Operations and FinanceExperience: Assistant Vice President, Eastgate Realty. Asset Manager, Meringoff Properties. Asset Manager, Sentinel Real Estate

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ProblemWe believe there is no way to quickly and easily make great coffee.

Easy to Use

Hard to Use

Great CoffeeSub-par Coffee

Pod Machines

Drip MachinesManual Methods

Invergo

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Why Now and the MarketA pod free single serve coffee machine does not exist

Specialty coffee is the fastest growing and most profitable type of coffee

Sales pod machines are declining and the patent have expired

Opportunity to generate reoccurring revenue through partnerships with roasters

$2.5 Billion Global Anual

Sales

50 Million UnitsGlobal Anual Sales

Source: Euromonitor

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Invergo

Complete Control of Your Brewing Experience

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Static six point saturation pattern Dynamic hypotrochoid saturation pattern

Conventional Drip Coffee Machine INVERGO

Under-extracted

Over-extracted

Patented Motion Brew

Conventional Coffee Machines Doesn’t saturate the coffee ground evenly

Can not control the flow of waterBitter and sour flavors

The Technology

InvergoMoving single stream of water

Agitates the coffee ground evenlyControl over the flow of water

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Granted Patent

Patent Application no. 14/569,842

Publication no. 20150164267Filed in the United States on

December 15th, 2014Granted in the United States

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212210205200195190185180175170165160155150

1 2 3 4 5 6 7 8 90

Bitter

Acidic

Minutes

Tem

pera

ture

in

Fah

renh

eit

Optimal

INVERGO

Manual Methods 2 minDrip Machines 1 min

INVERGO 15s

Pod Machines 3 minWarm Up Time

Precision Temperature ControlInstant Water HeaterPID Water Temperature Control

Conventional Coffee Machines Has to warm up

Doesn’t get the water hot enough The temperature fluctuates

The Technology

InvergoInstantly heats water

Stays within ± 1°F of set temperatureSet temperature from 150°F-205°F

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The Science

By using a refractometer, a device that measures the percentage of the dissolved coffee par-ticles, we are able to quantify taste to measure how each brewing method performed.

1.50

1.40

1.30

1.20

1.10

1.00

Tota

l Dis

oved

Sol

ids

%

14.0 16.0 18.0 20.0 22.0 24.0

Extraction %

Weak Underdeveloped

Underdeveloped

StrongUnderdeveloped

Strong

Weak

StrongBitter

Bitter

WeakBitter

Optimal

INVERGO

Manual Methods

PodMachines(off the chart)

Drip Machines

Optimal Results Every Time

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Cold Brew Single Serving or a Carafe

Brew from 5 oz to 40 oz

Accommodates tall travel mugs

Use a Chemex, Hario V60s or Kalita Wave Removable magnetic pour-over holder

The cold brew function turns off the heat-ing element and doses small amounts of water over long period time.

The result - coffee that is sweet and can either be added to hot water or used to make iced coffee.

Features

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Production Progress

Production Prototypes Final DFM CAD Fully Functional Interface

PCBA and Internal Structure

The vast majority of work to reach mass production has already been completed over the past 18 months. We have moved from a functional prototype to having the first production prototype unit made. We a ready to start cutting molds and start our pre-series production run.

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Production Timeline

Gantt Chart

Predicted Unit Cost ~$45.00Retail $249.00

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Road Map

Invergo is our first product, it will differentiate us and allow us to build a brand. As a company we have many more product ideas. They will build upon Invergo and allows us to expand further into the coffee, tea and beer market.

Co�

eeBe

erTe

a

Baby Formula

2017 2018 2019 2020 2021Invergo Invergo 2 Basic

Invergo 1.5 IoT Invergo 2

Invergo 2 IoT

Invergo 2 Pro

Invergo 2 Commercial

Brasii Brasii 2

Brasii 2 XLBrasii XL

Brasii smart kegerator

Brasii Super Auto

InvergoAccessories

Co�ee Grinders

Espresso Machine Super Auto Espresso

Grind and Brew

Nitro Cold Brew

Cafe in a vending Machine

Grind and Brew 2Espresso +Co�ee super auto

Baby formula maker

Precision Tea maker

Invergo Basic

Precision Tea maker 2

Iced Tea maker Iced Tea maker 2

Milk Warmer Baby formula maker 2

Nitro Cold Brew 2

Invergo 3

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Brasii All grain beer brewing automated

We set out to create a machine that enabled everyone to experience the excitement of making their own beer at home without the complication of traditional methods. Brasii is the result of tireless designing and testing and we believe that it will revolutionize the beer brewing process for not only beer brewing novices but professionals as well.

Video

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$30,000 Product Lia-bility Insurance

$175,000 Steel Tooling

$100,000 First Production Run

$20,000 General Expenses $6,000

Trade Shows

$51,000 Salaries CEO

Seed$500,000

$100,000 Salaries CMO

$18,000 Salaries Production Manager

Pre-Seed$150,000

$15,000 General Expenses

$25,000 ETL Certification

$50,000 Pre-Series Production Run

$55,000 Aluminum Tooling

$5,000 Shipping

Allocation of Funds

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Exit StrategyAcquisition by

Contact Information

Cameron [email protected]

516 512 2669invergocoffee.com