Introduction
iatrixAir® designs and provides AI-machine learning, cloud based indoor air quality solutions that are mission critical with fast detection, fast protection and fast alerts/information. We sell through contractors to small and large businesses, schools/universities including sports locker rooms and assisted living facilities.
Problem
Throughout history, airborne pathogens such as Measles, Smallpox, SARS, MERS, Tuberculosis, Influenza including Spanish Flu and now CV-19 with its variants, all have the same characteristics in that they are transmitted person to person and may linger in the air in enclosed spaces. However we are still losing this race for safe and healthy air and are unprepared for the next pandemic.
Indoor Airborne Pathogens Spread Quickly Through The Air
Airborne Pathogens are aerosolized - that’s the problem to solve. Fast air exchanges or ventilation and first pass inactivation solves the problem. Faster Is Safer™.
Solution
We automate the process of detecting, destroying pathogens, and providing alerts using edge processing and AI-machine learning analytics to make the solution automated and predictive. Our solution is designed to be mission critical with sensors operating every 10 seconds and with first pass remediation or destruction of airborne pathogens. Again, Faster is Safer™.
Business Model
Our Value proposition is to reduce employee absenteeism and energy costs while attracting more customers with safe and healthy air to increase revenue plus predict the problems so facilities managers/building operators can take action.
Our revenue is based on both sales of the cellular sensor gateway and air exchangers and monthly software subscriptions. We use Independent Representatives to recruit qualified commercial Contractors who sell the solution to Facilities Managers/Building Operators-Owners, with our support.
Instead of a box on the floor that requires constant attention: iatrixAir® offers a “no touch” air quality solution with a monthly subscription including filters, lamps, installation and service. The Facilities Manager/Commercial Space Owner also has the option to buy the solution through a contractor.
B2B Sales and Distribution Model
Market
Word From The CEO
Success To Date
Our milestones to date are:
- Successfully built a proof of concept and tested by independent think tank
- Demonstrated the proof of concept to potential customers to establish a MVP
- Filed design and utility patents. Design patent issued.
- Successfully built a prototype
- Signed one of the largest commercial restroom installer on the West Coast and now have purchase orders
- Signed MOU for additional technology in steering disinfecting light in an occupied space with two issued patents in disinfection space
Press
CES News-Press Release Jan 4, 2022
Engineered Systems News-January 2022
Pepperdine Most Fundable Company-Top 100 Finalists-Aug 2022
Top Ten Finalist in SoCal-Startup World Cup-Aug 2022
Articles in Silicon Review, CIO in August and September 2022
Interview by Jane King, Nasdaq Marketplace Nov 2022
Team
Use of Proceeds
If the offering's maximum amount of $423,750 is raised:
Use | Value | % of Proceeds |
---|---|---|
10 EVT-Alpha units for customers | $294,987 | 69.6% |
Lawyer-Reed Smith | $20,000 | 4.7% |
Ciro Design | $40,000 | 9.4% |
Kasvva-Supply Chain | $48,000 | 11.3% |
Intermediary fees | $20,764 | 4.9% |
Terms
This number includes all funds raised by the Company in this round on Netcapital. This is an offering of Common Stock, under registration exemption 4(a)(6), in iatrixAir, Inc.. This offering must reach its target of at least $10,000 by its offering deadline of March 29, 2024 at 10:59pm ET. If this offering does not reach its target by the offering deadline, then your money will be refunded.
If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:
Pitch Deck
Financials
These financial statements have been reviewed by an independent Certified Public Accountant.
SEC Filings
The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.
We’re also required to share links to each of the SEC filings related to this offering with investors.
Understand the Risks
Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.
Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.
The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
More Info
Updates
- Apr 13, 2024Our apology for the lapse in posting an update...
- Mar 30, 2024Primary offering finalized, sellingshares
- Jul 20, 2023More news this week! The USPTO-United State...
- Jul 16, 2023New York City officials are set to propose...
- Jul 8, 2023iatrixAir will present on July 12th at 9:20 am...
- May 30, 2023Pasadena, CA, (05/22/23). iatrixAir, Inc....
- Apr 13, 2023iatrixAir CEO McConnaughey presents to the...
- Mar 19, 2023We have been very busy since the holidays and...
- Dec 24, 2022Happy Holidays. End of the year update: 1. Our...
- Nov 29, 2022Recently, ASHRAE, the key standards group for...
- Nov 24, 2022Our first patent issued by United States Patent...
- Oct 19, 2022Interview with Marc McConnaughey-President/CEO...
- Oct 16, 2022I attended virtually the White House 3 hr...
- Oct 11, 2022A very good article in Bloomberg on the...
- Sep 23, 2022iatrixAir in recent CIO magazine and bulletin...
- Sep 17, 2022iatrixAir has a Peachscore of 703 or a A-....
- Sep 17, 2022Polio traces are showing up in sewage system in...
- Sep 17, 2022We have a number of word marks and trademarks...
- Aug 17, 2022iatrixAir selected as one of the top 100...
- Aug 17, 2022iatrixAir selected as one of the top ten...
- Aug 17, 2022iatrixAir featured in Silicon Review as one of...
- Aug 17, 2022Our latest press release on "washing the air"...
- Jul 12, 2022Our first press release on launching the fund...
- Jul 12, 2022"Wash the Air" as Faster is Safer press release...
- Jul 12, 2022iatrixAir announces partnership with Stumbaugh...
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