Fathom’s history of success
656 people backed our project and pre-ordered over 400 drones for a total of $197,943
We joined the prestigous Techstars incubator. At Techstars, we received world class mentorship, coaching, and networking support.
Techstars also made a $120,000 capital investment, really validating our idea.
We’re currently raising $1M on Netcapital.
We’ve had a slew of positive press coverage over the past two years. If you want an independent perspective on Fathom, follow the links below:
“Fathom was a excellent addition to the Techstars Portfolio. We look for companies that push the boundaries of current technology and create ways to capture the imagination. Fathom’s underwater drone does just that.”
Meet the team
Fathom consists of 5 members. Our technical backgrounds range from mechanical, to electrical, to software engineering. We have entrepreneurial experience through the Yale Entrepreneurial Institute, the Hope College Entrepreneurial Institute, and the Emerge Xcelerate program.
Most importantly, we’re friends. We’ve known each other for 4 years and have been working together for the past 2 and a half, with equity split equally between the three cofounders.
Matt has a degree in chemistry, and has extensive business knowledge through his involvement with the Yale Entrepreneurial Institute and working on startup companies since 2013. Matt sets the strategic direction of Fathom, develops business partnerships, and manages operations.
John has a degree in biomechanical engineering and is our lead engineer. He took the Fathom One from a sketch on a sticky note to reality. John is an avid scuba diver and outdoor enthusiast which means he really understands our consumers’ needs.
Danny is an avid adventurer and the originator of the idea for Fathom. He holds a degree in chemical engineering and now runs marketing for Fathom.
Last year, global drone sales revenue grew 36 percent to $4.5 billion, according to research firm Gartner.
The Consumer Technology Association, says that in the U.S. alone, people bought 2.4 million drones in 2016.
The world's smallest underwater drone is ready to go with you. With a patent pending modular thruster system, Fathom One is the only underwater drone built to travel and explore the underwater world.
Record HD 1080p videos while you dive. Download and share them later. The Fathom One saves files on board so you don't have to.
Swim at up to 3 knots. Connect the Fathom Tether for realtime video and control. Use it as a safety line for a confident dive.
Safely dive down up to 150 feet with live pitch feedback, depth measurement, compass direction, and an automated return-to-surface mode.
For complete details on the drone, read more on our website at fathomdrone.com.
How your investment helps Fathom grow
The purpose of this offering of common stock is to finance the production and shipping of the first units of the Fathom One. Roughly, we’ll allocate the funds raised as follows:
This is an offering of Common Stock, under registration exemption 4(a)(6), in Fathom Drones Inc.
Fathom’s valuation and share price are derived from the valuation cap of the convertible note under which Techstars, a leading incubator and venture firm, invested in the company in July 2017.
This offering must raise at least $10,000 by January 2, 2018 at 4:00pm ET. If this offering doesn’t reach that target, then your investment will be fully refunded. Fathom may issue securities to raise up to $1,069,992, the offering’s maximum.
These venture investors made capital investments in Fathom prior to the current public offering of shares on Netcapital:
|July 2016||Emerge West Michigan Inc.||$20,000|
How Fathom fits into your portfolio
Diverse investment portfolios can help reduce investment risk.
You’ve invested in through Netcapital. You currently have , and in your portfolio.