eyeCam, Inc. is raising $500,000 with a minimum reservation of $10,000. Numbers displayed include non-binding reservations before investors are verified, signed, or closed.
eyeCam is turning every hand on the planet into a touchscreen display with eyeHand the wearable smartphone
Raised $3.5 million in fundingSeptember, 2017
20 granted patents, 15 pending, 50+ in preparation, many more in the pipelineDecember, 2017
25+ team members, 12 corporate partners – 3 firmware and software engineering companiesSeptember, 2017
2 app development companies and 2 video production companies join as product development partnersMarch, 2016
2 law firms and a market research firm join as partnersMarch, 2016
Introduced a stock & profit sharing model for investors (Investors receive a revenue interest in all eyeCam products)March, 2016
eyeCam will have five primary revenue streams: 1) Product and Enterprise Acquisitions 2) Product and IP Licensing & Sales 3) Product Development, Marketing & Sales Services 4) Advertisement Revenue 5) Subscription Fees
18 – 24 months
eyeCam will provide quarterly reports
Crowdfunder Investors receive Preferred Shares at a 20% discount following our Series A round of financing
The Shares are valued based on a maximum enterprise valuation of $30 million upon Series A financing
In addition to stock, investors receive a proportional revenue interest in the sale of all eyeCam products and companies based on each investor’s stock ownership in eyeCam, Inc. and eyeCam, Inc. stock ownership in each product and company which will vary based on the size of eyeCam’s role in the development and financing of each project (ranging from 20 - 50%)
1600%+ Stock ROI and an additional 10 - 15% Cash ROI from a revenue interest in the sale of all eyeCam products and enterprises.
Bryan Davis, CEO of eyeCam, Inc.
eyeCam will use the funds to: 1) Build the fully functional prototype of the eyeHand wearable smartphone 2) Build fully functional prototypes of the adaptive display, 3D interfacing & multilayered biometric ID systems 3) Expand the eyeCam IP portfolio (prepare and file over 50 patents) 4) Open the eyeCam office in San Francisco
1) Management & Operations: $1.5 million 2) Firmware Development: $3 million 3) Software & UI Development: $3.5 million 4) Marketing, PR & Multimedia: $0.5 million 5) Legal & Intellectual Property: $0.5 million 6) Office & Equipment: $1 million