FireBot

FireBot

Early Stage

A Device to Detect & Stop Fires

A Device to Detect & Stop Fires

Overview

Raised to Date: Raised: $25,300

Total Commitments ($USD)

Platform

StartEngine

Start Date

02/26/2018

Close Date

05/05/2018

Min. Goal
$9,900
Max. Goal
$107,000
Min. Investment

$110

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$110.00

Pre-Money Valuation

$2,200,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/30/2018

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$372

# of Investors

53

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2017

Industry

Consumer Products, Goods & Services

Tech Sector

Location

Lorton, Virginia

Who Should Be Interested:
Are you someone who cooks a lot? Or are you a natural clutz who might run a high risk of starting a kitchen fire (or know someone who is)? If you said yes, then investing in FireBot could be for you. Their device helps you react to, and control, stove top fires in a save, quick, and easy way.

The Company:
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 properly 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.

The Bottom Line:
While digital bots on our computer are great, they can’t help us with emergencies like kitchen fires. The FireBot is a different type of bot though -- and it can help. With ranges and cooktops accounting for 62% of home cooking fire incidents and $1.2B in property damage, FireBot is here to help put out the heat and keep you safe...one extinguished stove top fire at a time.
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
FireBot 08/16/2018 StartEngine $2,300,000 $51,920 Equity - Common Funded RegCF
FireBot 05/05/2018 StartEngine $2,200,000 $25,300 Equity - Common Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.

Create your first portfolio

Create your own startup investment portfolio on KingsCrowd.

Track all of your startup investments in one place using our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
FireBot on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $2,200,000
Price per Share: $110.00

Follow company

Follow FireBot on StartEngine

Buy FireBot's Deal Report

Warning: according to the close date for this deal, FireBot may no longer be accepting investments.

FireBot Deal Report

Get KingsCrowd’s comprehensive report on FireBot including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether FireBot is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the FireBot deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge