Crowdfunder: Keoke King of Participant Assistive Products
Campaign type: We’re raising capital via an investment campaign
Campaign link: https://wefunder.com/participant.assistive.products
Twitter: @participantap
Instagram: @participant_ap
Goal: $250,000
Progress: $131,000
Offering: Buy production tooling, do testing and pay fees for FDA approval, launch global marketing campaign, achieve repeat purchases from large NGO customers and delighted users in the USA who are reached by ecommerce.
Terms: Revenue Loan. 1.5 X multiple paid from 5% of quarterly revenue. Includes 15% discount per share on our first equity offering.
Anecdote: Thomas lives in Marin California and loves to get out on trails and be under the trees. His current wheelchair is difficult for his parents to push on trails and is an uncomfortable and bumpy ride. Our chair is convertible with either 4 wheels or 3 wheels, a jog-stroller style chair. It will allow Thomas to enjoy the outdoors and it is much easier to use on airplanes …