About the offering
The StayblCam is a unique video stabilization tool for smartphones, action cameras, and 360/VR cameras - working like a natural extension of your arm (unlike built-in phone stabilization). The massive mobile and video accessory space is growing rapidly – with nearly 3 Billion users worldwide actively using their phone to record video. The action camera market alone exceeds 8 Million devices. While various types of smartphone / action-camera stabilizers do exist – the market is still hungry for non-electronic, battery-free, waterproof and rugged stabilizers that are easier to operate. Built-in ‘stabilization’ features in modern phones can only compensate for so much vibration and shaking – ensuring a continuous, rising demand for better mechanical video stabilizers. Because of its patented and proprietary design - the telescopic StayblCam provides a very easy way for both amateurs and videographers to get creative at any angle - all the while capturing the action with smooth image stability. Unlike electronic gimbal stabilizers, the StayblCam does not rely on batteries - and was built rugged and waterproof - enabling it to handle demanding environments and usage. Many competing stabilizers are pricey, fragile, clunky and take time to get used to - while the StayblCam is always ready to go within seconds - easy to use for all ages! The StayblCam is the brainchild of inventor and veteran entrepreneur Eskil Nordhaug, who successfully launched it on Kickstarter in May 2014, at the time raising over $123,000 from 1200+ backers. Praised by both critics and users ever since – tens of thousands of customers from more than 75 countries already love and use the StayblCam, and the brand has attracted the attention of several big partnership and wholesale opportunities. Reaching over $230,000 in monthly sales, the company faced overwhelming demand and now want to scale up bigger than ever. With the help of investors through equity crowdfunding, the company's goal is to become the leading household name in consumer video stabilization and innovative video-centric consumer products. With your support – we will eventually grow into an acquisition target for one of the large players in this space.
FAQ
How much has Style Gear raised?
Style Gear has raised $7,063 of a $107,000 goal.
Where is Style Gear's campaign listed?
The offering is listed on StartEngine, an SEC-registered Reg CF intermediary.
What are the terms of Style Gear's raise?
Common Stock, $2.1M cap, $1.00/share.
When does Style Gear's offering close?
The stated close date is Apr 30, 2018.