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ECOVENTZ INC.

A Breath Of Fresh Air
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$18,150

amount committed 

$10k - $1070k

funding goal 

Regulation CF

exemption used 

$5,500,000

pre money valuation 

$250.00

min investment 

10

investors 


Security Type
SAFE REV
Simple Agreement For Future Equity plus Revenue Participation

$5.5 Mil. Valuation Cap
15% Revenue Split
3X Return on Investment

Pitch

Who are we

 

Ecoventz specializes in manufacturing and distributing a superior filter for exhaust systems that are used by institutional and commercial cooking facilities. Our products are designed to collect mist and dust, abate odors and recirculate air. We are committed to making contributions to the green sector and our goal is to help our clients achieve optimum regulatory compliance, maximize operational efficiency, and promote their reputation as a green company.

 

 

We are known for our proprietary filter, the High-Efficiency Mist Collector (HEMC). The filter delivers unsurpassed performance and offers fire prevention features that separate it from other products on the market

  

Problem

 

Solution

 

Achievement & Traction

 

 

Established Product Line: All of our products have proven effective performance and have been certified based on sector-specific applications and appropriate authority performance standards.


Proven Eco-Friendly Technology: The Company has tested its products and the results show that they are an effective and environmentally friendly solution to remove airborne mists and particulate matter from the air.


Customer Acceptance: The previous company sold our products to big name businesses throughout Canada. We believe that Ecoventz can duplicate this high level of customer acceptance in the US.


Supplier Relationships: We have established connections with manufacturers who can produce all of the parts and components we need for our products.


In-House Assembly: All final assembly and quality control is performed in-house. All manufacturing partners are subject to our certification process.


Market Potential: The US Market is ideal for our application. Our vision and forecasts are quite realistic and we will gain momentum as soon as we launch marketing activities in our initial target sector.
 

 

 

 

 

Market

 

 

The retrofit-able canopies market size dating back to 2009 is the amount of $ 889,427,000. The available annual market size from 2019 and beyond is in the $ 100,000,000 range with an estimated $ 2,900,000 annual increase.

The available retrofit-able market from 2019-2021 is 400,688 units. The Ecoventz projected market share total for years 2019-2021 is 3,035 units. This amount represents less than 1% of the available retrofit market.
(Source: https://www.mafsi.org/)

 

Number of US Restaurants:
There are over a million restaurants in the US, not including institutional food preparation facilities such as hospitals, universities, prisons and large & small consumer prepared food suppliers, all of which are potential clients.
(Source: National Restaurant Association https://www.restaurant.org/News-Research/Research/Facts-at-a-Glance)

 

 

Competition

 

 

Direct Competition

Our market research indicates that presently no one is offering a similar solution associated with the benefits of our Retrofit-Preventative Maintenance Package.

Indirect Competition

Preventive Maintenance Service Providers are available, although at a much higher cost than ours or ones that are willing to work with little if any profit margins. This applies mostly to new market entrants.
 

Business Model

Ecoventz offers an eco-friendly, low-cost maintenance High Efficiency Mist Collector (HEMC) filter for the commercial and institutional cooking sectors. The HEMC filters can be retrofitted to all existing exhaust systems.

 

THE HEMC FILTER

 

 

The HEMC filter collects 95% of all airborne mist particulates of .3 microns and larger in single stage mode. (As a reference to size, a human hair is 40-50 microns.) The collected cooking grease is directed into a reservoir and added to the used oil destined for use in biofuel and other by products.

 

The HEMC FILTER is self-draining (gravity) and can be easily separated into two sections for inspection and deeper cleaning if and when required.

 

Proven Product line: All the applications market viability has been proven over a decade primarily in Canada by a company that has since gone out of business due to fiscal mismanagement.

 

Competitive Advantage: The Patented filter offers the proprietary High Efficiency Mist Collector (HEMC) technology which offers a superior eco-friendly in this market segment.

 

Clients:  Restaurants, Hotels, Casinos, Hospitals, Universities, Churches, Military Camps, Shopping Centers, Institutional Food Prep Locations, Eco Conscious Cities, States.

 

Market Size: $ 5 Billion Annually based on 1 Million Restaurants in the US with Preventive Maintenance annual cost on average of $ 5,000 per unit. 

 

Diversified Applications: Odor abatement, mist/dust collection, air recirculation.

 

Cross Sector Proven Technology: Previous Clients include notable multinationals.

 

The Retrofit: Applies to existing applications in operation for 6-8 years or longer, making it convenient for buyers. These clients will be offered a deal with no upfront costs to them but will required them to enter into a 5-year Preventive Service Contract which is mandatory under the NFPA Standard 96.

*NFPA: National Fire Prevention Association

 

Client Benefits: No Up Front Costs, Energy savings, cost reductions of 25%-30% for Mandatory Preventive Maintenance. Locations can promote themselves as Eco Friendly.  The HEMC offers improved fire safety that may in turn result in lower insurance premiums.  The preventive maintenance is must be followed or will cause insurance coverage loss and God Help them if fire occurs.  Noted that we will approach Insurance Co’s that endeavor in this space and provide them with the improved fire benefits associated with our Mist Collector so that they would consider offering premium reductions to all our clients. More explanations on request.

 

Benefits: The 5-year Preventive Service Contact provides us with ongoing Residual Income.

 

Risk Planning: Diversified Sector Applications, Conservative Attainable Financial Forecasts.

 

Sales & Marketing Strategy: Develop a strong presence initially in the 25 US territories then Canada & Mexico and then expand into the secondary markets.  No costs for clients to switch to us as the cost of the HEMC will be amortized over the 5-year contract period. Each Area Exclusive will be offered at $ 250,000. This will add $ 6,250,000 of available capital that will get us in turbo change mode.

 

Team

 

 

Tim Trotier, Advisor

Tim is a leader who is strongly invested in employee communications and engagement. He has an exceptional track record of responsive leadership and initiating strategic partnerships. A strong business leader with experience across numerous market sectors, Tim founded two private companies and led a turnaround in the distribution business, taking sales from $9.8 million to $24 million. He was also a key participant in launching two public companies. Tim graduated at the top of his class with an MBA.

 

 

 

David L. Miller, Advisor

David is a sales and business development professional with a keen interest in bringing innovative products and services to market. He won an industry award for reaching sales of $7 million within two years. David has also worked with a global Fortune 300 information management company in the United States to help transition a post-merger field sales strategy from transaction-oriented and product-centered to a services-led information management partnership approach. David volunteers as a coach to non-profit organizations.

 

 

 

Jeffrey Foster, Advisor

Jeff is an NDE (nondestructive examination) expert in all methods of metal fabrication parts and components. He holds CGSB certifications in liquid penetrant and magnetic particle testing, in ultrasonic (Level III), and in helium and halogen leak testing. He also served as the special assignment instructor in non-destructive examination at the Mohawk College Campus of Applied Arts and Technology. He will assist with new application development, providing invaluable input for obtaining optimal quality controls and achieving the highest industry standards. 

 

 

Frank Carnevale, Advisor

Frank has been President and CEO of a boutique consulting firm focused on energy and infrastructure solutions since 1998. Recently, he served as COO of a publicly-traded diversified investment company focused on impact investments in sustainability. He helped turn around a mechanical contracting/building control company and a thermal design-build firm. Previously, he served on the Board of Directors of the Ontario Energy Association and Rethink Sustainability Initiatives. Frank is a York University graduate with a BA in Political Science.

 

Use of Funds

Updates


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Q&A


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Thomas Simmons
Thomas Simmons - Investor3 years ago
You seem to have a great product, that meets a real need, with a solid team behind the business. Everything about the pitch makes me want to invest - with one exception: Why, with a team as solid as the one presented, is the pitch here so full of spelling and grammatical errors? It really makes one wonder how much attention you pay to detail.
Andreas Roussos
Andreas Roussos - Issuer    
Hi Thomas, many thanks for your observation. Much appreciated. We are presently working on this and hope all should be corrected. Again many thanks.

3 years ago
CASSANDRA RICHARDSON
CASSANDRA RICHARDSON - Investor   
I would like to ask, where does this company currently stand? is it profitable as of today?


11 months ago
Andreas Roussos
Andreas Roussos - Issuer    
Hello Cassandra thanks for reaching out. All good on this end hope all same to you. We are still in pre revenue start up capital mode. Hope this helps. Let me know if you need anything else. Regards, Andreas

9 months ago

Documents

Offering Statement Download
Form C Download

Other Disclosures

Read the Form C filed with the SEC for other important disclosures, like financial statements, Directors, Officers, shareholders with more than 20% of voting rights, and more.
Irregular Use of Proceeds
The Company may make Irregular Use of Proceeds. Such Irregular Use of Proceeds, which may be in material amounts in excess of $10,000, may include by way of example and not limitation: Vendor payments and salary made to management, business associates, relatives, related parties and/or affiliates thereof; expenses labeled "Administration Expenses" that are not strictly for administrative purposes; expenses labeled "Travel and Entertainment"; and expenses that are for the purposes of intercompany debt or back payments.

Without limiting the above, the Company may elect to vary from the proposed use of funds as circumstances or assessments of circumstances following the closing change.
Special Note Regarding Forward-Looking Statements
This offering contains forward-looking statements within the meaning of the federal securities laws. We caution investors that any forward-looking statements presented in this offering, or which management may make orally or in writing from time to time, are based on the Company’s beliefs and assumptions made by, and information currently available to, the Company. When used, the words “anticipate,” “believe,” “expect,” “intend,” “may,” “might,” “plan,” “estimate,” “project,” “should,” “will,” “would,” “result” and similar expressions, which do not relate solely to historical matters, are intended to identify forward-looking statements. Such statements are subject to risks, uncertainties and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties and factors that are beyond the Company’s control. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. While forward-looking statements reflect the Company’s good faith belief when made, they are not guarantees of future performance. The Company expressly disclaims any responsibility to update forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Moreover, we operate in a very competitive and rapidly changing environment, and new risks emerge from time to time. It is not possible to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this offering may not occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. We undertake no obligation to revise or publically release the results of any revision to these forward-looking statements, except as required by law. Given these risks and uncertainties, prospective investors are cautioned not to place undue reliance on such forward-looking statements.
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