Repeat success with major clients, including Lyft, Heineken, Fanatics, CLIF, Red Bull, Instagram, American Express, Nike, Audi, First Republic Bank, and Mack Weldon and many more.
3x year-over-year growth since 2016 with $700K in revenue in 2018
70% customer retention rate with repeat customers ordering 40% more
Providing end users what they really want, a free battery to use and take home
Strong distribution partners including Uber, Lyft, Cargo, Blade, Jetsmarter, Aspen, Live Nation, and a roster of hotels, gyms and nightlife venues
Customers are always running low at their favorite venue or event; and at this moment, they’ll do anything for power. Charging their device only means tethering to an outlet or leaving their device unattended.
Slow phones or dead batteries means fewer uploads to Instagram, selfies shared, and moments captured with friends. No one wants a low battery to ruin their experience.
Amongst a range of solutions CHRGR has emerged as being one of the most consumer-friendly and revenue positive.
Advertiser sponsored batteries to get "brands in the hands" of customers. Pre-charged and ready to go supporting iPhone, Android and USB C.
For customers, there’s no tethering, no waiting for an outlet, no app download or leaving their device unattended. Supports both iPhone and Android to get immediate power. Recharge and reuse via USB.
For advertisers, we provide a more innovative physical and digital ad experience, with a more competitive CPM. We also generate tracking data, including real-time campaign analytics, user information and geo targeting, to measure campaign effectiveness and targeting.
For venues, we provide a free utility with no strings attached or wires to plug in. Simply give your patrons a CHRGR when they ask for power.
CHRGR is providing advertisers with a direct way to reach customers through a utility where and when they it need the most.
Batteries are distributed through our national venue network of hotels, bars, clubs, music festivals, ride shares, gyms and resorts.
Advertiser sponsored devices (with an offer or incentive included) are provided to venues and distributed to end users as free and theirs to keep. 10,000+ venues and growing.
70% of our customers have come back to order more units. On average re-orders were 40% larger than initial orders.
We’ve connected advertisers with 10,000+ hotels, bars, clubs, music festivals, ride shares, gyms and resorts to distribute their branded batteries. And we’re expanding our network to enhance our advertising experience and reach more markets.
As our network grows, so does our revenue. In 2018, CHRGR tripled it’s annual revenue from 2017 to $700,000.00
With the addition of patent-pending NFC and RFID, the CHRGR also serves as a hotel key card, and smart pass for ski resorts, festivals and theme parks. The full potential is then an all-access, all-inclusive pass (and utility) for festivals, events, and venues.
Strong distribution partners including Uber, Lyft, Cargo, Blade, Jetsmarter, Aspen, Live Nation, and a roster of hotels, gyms and nightlife venues. Clients that keep coming back include Nike, Heineken, Audi, First Republic Bank, Mack Weldon, Fanatics
Return on investment was close to $1.2M in new sales for Lyft from a media campaign buy of $90,000 with CHRGR.
CHRGR provided 10,000 batteries to 500 NYC venues - Lyft branded with $20 ride credits and acquired 1000 end users that converted to new customers with an average spend of $100 per month since 2017.
63% margins at 10k units (~$100k revenue)
72% margins at 100K (~$1M revenue)
With higher quantities, manufacturing costs decrease and profit margins go up.
Manufacturing costs shift from 29% → 22% of revenue
In 2019 mobile phone users will reach 4.68 billion and surpass 5 billion by 2020.
CHRGR is the first to distribute free-to-keep units. Unlike the competition, there's no app required, no tethering, and no other barriers of entry to charge a customer device. We're taking a big step away from the lockers, the rental fees, and the “get the app” model to instead offer advertisers an easy and simple way to get into the hands of consumers.
Established network and locked deals with distribution partners
Solid relationships with satisfied brand sponsors
Proven, simple model with diverse recurring revenue streams
Insights into logistics, consumer needs and partner incentives
2-year head-start in product development and prototyping
A team with decades of experience in Ad Tech, Innovation, and Marketing
CHRGR has raised over $543,000 in its initial seed round with another CF platform. Close to 500 accredited and non-accredited investors supported CHRGR in 2017.
Now CHRGR is looking to raise another 500k on Republic.
This is a timely opportunity to invest in a start-up with a dominant position at the intersection of mobile technology, branded utility and digital advertising. With secure client relationships, solid revenues and an inspired plan for future growth, CHRGR is headed towards even greater success.
Our goal is to create a deeper connection between brands and customers by developing smart batteries that activate end users devices with engaging and free custom content. We have a 6 month strategy to deployment with version 2.0 batteries that will automatically connect brands to customers using CHRGR SaaS. Additionally, a new super-capacitor upgrade will allow for 8-10 minute recharging,
Founder & CEO
Past: Twitter, Beats Music (Apple), Nike, R/GA
Co-Founder & CCO
Past: Google, Jet Blue, Nike, R/GA
CFO & Operations
Past: Birch Coffee, Delhcioso, MP:Consulting
EVP Event Operations
Past: Glaceau (Coca Cola), Verizon, Switch Marketing
Jon Hackett, Publicis | SVP Emerging Technology
Gareth Kay, Neil Robinson, Chapter | Founder Team
Russel Reiger, Magna Entertainment
Craig Kornblau, Google Ventures, Universal Pictures, The Walt Disney Company
The smallest investment amount that CHRGR is accepting.
CHRGR needs to reach their minimum funding goal before
the deadline. If they don’t, all investments will be refunded.
The Crowd SAFE is an agreement for future equity in the startup,
meaning that it can convert to equity in the future.
The Crowd SAFE is an agreement for future equity in the startup, meaning that it can convert to equity in the future.
$25,000 – $535,000
CHRGR needs to raise
before the deadline. The maximum amount CHRGR is willing
to raise is $535K.
Investors should verify any issuer information they consider important before making an investment.
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