FireBot

Early Stage

A Device to Detect & Stop Fires

Analytics

Raised to Date: Raised: $51,920

Aggregate Commitments $

Platform

StartEngine

Start Date

05/21/2018

Close Date

08/17/2018

Min. Goal

$10,000

Max. Goal

$81,400

Min. Investment

$110

Security Type

Equity - Common

Funding Type

RegCF

Pre-Money Valuation

$2,300,000

Rolling Commitments $

Status
Funded
Reporting Date

08/31/2018

Days Remaining
Funded
% of Min. Goal

519%

% of Max. Goal

64%

Likelihood of Max
Funded
Avg. Daily Raise

$590

Momentum
Funded
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Location

Lorton, Virginia

Industry

Consumer Products, Goods & Services

Tech Sector

FireBot is here to save the kitchen-fire day! Their small, battery-powered device automatically activates in the case of a stove top fire and extinguishes it to prevent damage and injury. It attaches to the underside of your range hood and remains out of sight. Then, it waits until it reads an abnormally high temperature that signals an out-of-control stovetop fire before becoming activated. Once it goes, it sprays environmentally friendly, non-toxic, water-based fire suppressant to extinguish the fire, while also activating a warning alarm and sending a z-wave signal to turn off the electric or gas stove. FireBot is designed to pass UL-300A certification testing, meaning it can keep a four-burner stove top fire extinguished for a minimum of four minutes -- including even grease fires! The company is working on the device’s final components, and they have manufacturing facilities in place.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
FireBot 08/17/2018 StartEngine $2,300,000 $51,920 Equity - Common Funded RegCF
FireBot 05/06/2018 StartEngine $2,200,000 $25,300 Equity - Common Funded RegCF
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FireBot on StartEngine
$
Platform: StartEngine
Security Type: Equity - Common
Valuation: $2,300,000
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