Hohm

Regulation Crowdfunding offering on SeedInvest (SI Securities)

$174,250

of $1M goal

17.4% funded

About the offering

HOHM is a custom engineered, sound-blocking sleep pod, bookable via mobile phone, that allows for a quick recharge. It is no revelation that sleep is something that we need. Sleep deprivation is a problem that affects not only university students, but corporations and their employees, hospitals and their doctors and nurses, travelers within airports, and more. There is a need for providing short term sleep on the go in a safe and comfortable space. If you need food on the go, another basic human need, there are hundreds of options, but finding a short term option for sleep is a difficult task. We believe HOHM will become that option. HOHM launched at the University of Arizona on December '18 and has been approved at a second university for Spring '19. We have 4 additional universities that we are in discussions with for Fall '19. Our goal is to spread to 50 universities & 50 Corporations over the next 5 years. HOHM was recently accepted into the San Diego International Airport’s Innovation Lab, with the objective of a long-term placement at the end of the 3-month accelerator. We are also in early discussions with LAX. We have been featured on ESPN, ESPN Business Radio, Thrive Global, ABC10, and more. In our first week live at the University of Arizona we had 39 bookings. In total, we have had 175 bookings, with an average repeat user rate of 22%, in the first 3 months live at the U of A. Our launch was a satisfying feeling for us after all of this hard work we've put in and we plan to duplicate this success at schools across the nation. We have seen the word of mouth spread when we place these on campus. Watching the reaction and usage, we can't help but feel we are on to something big here.

FAQ

How much has Hohm raised?

Hohm has raised $174,250 of a $1M goal.

Where is Hohm's campaign listed?

The offering is listed on SeedInvest (SI Securities), an SEC-registered Reg CF intermediary.

What are the terms of Hohm's raise?

Crowd Note, $3.5M cap, 20% discount, 4% interest, 24-month term.

When does Hohm's offering close?

The stated close date is Jun 21, 2019.