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The Problem. 78%. 76%. Don’t Know. Would Change. Stressed Watersheds. Real-Time Feedback. Meet Sprāv. Instant feedback. Easy installation. Shower safer. Shower smarter. Annual Savings. Hotel. University. Home. $40,500. $1,400. $110. The Environment. 1,800,000. 30%. 1 min.
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The Problem 78% 76% Don’t Know Would Change
Instant feedback. Easy installation.
Shower safer. Shower smarter.
Annual Savings Hotel University Home $40,500 $1,400 $110
The Environment 1,800,000 30% 1 min.
Competition Amphiro Driblet $79 $109 $40 Easy Install
Domestic Market Size Market Value $2 Residential Billion $44 Million $123 Million Total $2.2 Billion
Go To Market Plan 2014 2015 2016 Testing Online Sales (Residential) Direct Sales (Hotels & Universities) Distributors Specialized Retail Large Retail
Market Validation $30,156 $9,195 $7,738 $6,899 $2,600
Business Development Opportunities • Top 5 consumer product company • Nationally distributed showerhead brand • €30 billion retailer
Financials $11.5 M Revenue $5.9 M $3.0 M $350 K 2015 2016 2017 2014
Use of Funds Testing $5K IP Protection $20K Pre-Manufacturing Setup $20K Marketing $10K Initial Production Run $160K
Development Team Craig Lewis Business Development CJ Valle Hardware Development Andrew Schad Industrial Design Thomas Emelko Software Development Advisors/Mentors Shawn Bercuson Founding Member & VP of Business Development, Groupon (’08-’10) Danny Warshay Entrepreneurship Professor, Brown University David Levine Wireless Environment