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SafePlug - Smart Home Energy Management

David Schneider Thu, 2009-10-15 21:52

David Schneider · Thu, 10/15/2009 - 21:52

Business

Business Overview: 

We are currently incorporating Zigbee communications within the receptacles and working on partnerships with the leading home energy management (HEM) software companies to deliver the standard for smart receptacles that will provide measurment & control of plug-in loads. The receptacles have already been UL and CSA approved with the intent of accomplishing electrical code adoption because of the safety features; Canada (2011) and the US (2014). HEM companies are excited about the advanced features such as plug & play and potential for advanced demand response capabilities provided by these receptacles and the associated RFID technology (RightPlug).

Project Location: 
Gurnee, IL, 60031
United States
Services Desired: 
Accounting
Who is the Customer?: 

Utilities/Building Contractors

What is the Customer Pain that you are solving?: 

2D2C, Inc. delivers this safety benefit to consumers from a (smart)safe receptacle technology, SafePlug, that prevents electrical fires and provides child shock protection. In addition it offers a significantly better user experience with wireless connectivity to a home energy management/automation system.

What is the Target Market?: 

Buildings and Residences (anywhere that uses electrical recepticals

Technology

Team

NameTitle
david.eaglefanOther

Financials

Amount Sought: 
$6,500,000

Testimonials

Private Business Funding

The program will fund up to 5 times your business bank account average balance. Your Current Business Bank Account balance must show $10,000 dollars to qualify. Plus you are allowed to increase your funding line if you desire.

24 Hours Approval Process.

Up to $10 Mil Cash Credit Line In Your Account in 7 – 10 days

* No impact on your ability to qualify for other financing sources

* No business use restrictions on the funding

* No collateral pledge on your home or business

* No effect on your credit score, nor does it show up on the report

* No upfront fees

* No Assignment of receivables

* No pre-payment penalty

* No Merchant Account Required
Terms:
1 Day - 12 Months Pay Back –Payback Extension Allowed

38% CEF Cost (Cash Equity Funding)
2% - 4% CEP Cost - Due After Funding (Cash Equity Processing)

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