Owlized

Owlized

Early Stage

Travel through time using OWL VR when visiting the most popular places on Earth.

Travel through time using OWL VR when visiting the most popular places on Earth.

Overview

Raised this Round: Raised: $13,782

Total Commitments ($USD)

Platform

Republic

Start Date

11/23/2017

Close Date

02/18/2018

Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment

$50

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$6,000,000

Discount

10%

Year Founded

2013

Industry

Media, Entertainment & Publishing

Tech Sector

Location

San Francisco, California

Time travel. Whether it’s to the past or into the future, there’s something about it that fascinates us to no end.

And now, with Owlized, you can become a time traveler!. Their virtual reality technology, OWL VR, allows people to experience what a place looked like in the past, or what it could look like in the future. OWL VR is found in self-service, pay-per-use kiosks, and each kiosk offers location-based 360-degree 3D videos that allow you to immerse yourself in the time travel experience. The kiosks are vandal-resistant, reliable, and weatherproof, and each session costs $3 for two minutes, with payment available through your credit card or phone.

OWLV VR are free for the location to use. Then, the location and studio who created the content each take a percentage of the revenue earned. Right now, kiosks are located in places like San Francisco and Santa Monica. For example, at Pier 39, visitors can peek into the past of what it used to look like, while in Santa Monica, visitors can peer into the future to see how global warming will impact the beaches. Fortune 500 companies and advertising agencies also use the kiosks, and Owlized hopes that one day, OWL VR will be fully global.

After all, with tourism being a $192 billion market that’s almost wholly unaddressed by VR or AR, Owlized estimates that each OWL deployment can earn approximately $400,000 in annual revenue. To date, they have over 50,000 OWL users and earned more than $450,000 in sales. Owlized is the only company in the US that makes this type of outdoor VR kiosk, and they estimate the addressable market is worth $4 billion. Plus, their patent-pending technology, mature sales channels, and first-mover advantage has already earned them some serious attention and awards, such as UC Berkeley’s SkyDeck startup accelerator and being a TiE50 Top Startup.

Owlized marries VR and the physical world to truly allow people to time travel. Their kiosks not only offer eye-opening glimpses into the past….they also provide inspiring views into the future.

“Who Should Be Interested in This Offer:”
Do you manage a tourist destination or natural park, or own a VR studio, and want to help it earn more revenue? Or are you someone who loves the idea of time traveling? If any of these sound like you, then Owlized could be a company you want to check out. Their OWL VR kiosks offer location-specific glimpses into the past or future, making visitors feel like they’re time traveling...and making this the investment you’ve been waiting for.
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Owlized on Republic
Platform: Republic
Security Type: SAFE
Valuation: $6,000,000

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