Robotic Assistance Devices Mobile, Inc.
$250
amount committed
$10k - $1070k
funding goal
Regulation CF
exemption used
$25,000,000
pre money valuation
$250.00
min investment
1
investors
Security Type
A Crowdfunding Reward for You
As our show of appreciation for your support and interest, we are giving away a ROAMEO USB Power Bank for the following investment levels:
- The First 100 Investors at $250.00 (minimum)
- The Second 100 Investors at $500.00 (minimum)
We hope you enjoy these powerful portable chargers.
Pitch
Company Highlights
- Over 75 ROAMEO Letters of Intent, valued at over $15 million dollars in expected revenue, have been received from several of the most progressive companies in the security field.
- RAD-M customers and end-users may realize up to 80% savings in labor costs by reducing manned guarding staff when deploying the company’s mobile solutions.
- Founder & CEO Steve Reinharz is a security industry leader with 20+ years of experience and one successful exit already under his belt.
- Mr. Reinharz has assembled an impressive team with stellar security industry & development credentials as well as an extraordinary Board of Advisors.
- The company has distribution and sales channels in place having served this industry with stationary autonomous security service devices and applications since 2018.
Robotic Assistance Devices Mobile, Inc. (RAD-M) is building the future of fully autonomous security and concierge robots for the global security services industry. With RAD-M mobile robots, security service providers, contractors, and property managers can greatly reduce manned security costs, security guard injuries, conflict liability incidents while improving performance and end-user satisfaction. RAD-M solutions allow guarding companies a competitive edge and increased margins while end-users save money and receive reliable and superior services.
RAD-M, formally announced on September 18, 2020, is the sister company of Robotic Assistance Devices (RAD). RAD-M’s mission is to develop, invest in, and build mobile solutions for the autonomous remote services industry. RAD is a proven security services industry supplier with over 500,000 paid operating hours of field operations via the company’s set of stationary solutions. RAD will serve as the exclusive master distributor of products developed by RAD-M. RAD will also continue to develop, build, and deploy stationary artificial intelligence-based solutions for the North American security services industry through its existing and strong network of authorized dealers.
The US security services sector is a $25 billion industry burdened by high employee turnover, training costs, high labor rates, and low customer satisfaction. Presently, over 1.1 million security guards are employed in the US alone. Current estimates indicate a turnover rate of up to 400%. The costs and turnover in staffing these positions in the security industry are constantly on the rise, greatly impacting these guarding and security company’s profitability and ability to compete in an increasingly competitive market.
Furthermore, the deployment of humans creates liability problems due to occasional guard behaviors. Have a chat with long-time guard managers and we’re certain you’ll hear some disturbing and cringe-worthy stories. A fundamental reason for this is the low wage rates guards typically earn. This creates customer dissatisfaction as they expect Seal Team 6 whereas they are paying for a basic body. Part of RAD-M's mission is to create better and higher-paying jobs in the security industry. By saving customers money, they can then spend some of their savings to create a better human guarding experience through higher wages. RAD is already seeing customers do this. Our goal is to continue to improve the career quality for guards and elevate the entire industry through the use of technology.
RAD-M has released the ROAMEO (Rugged Observation Assistance Mobile Electronic Officer) mobile security and concierge robotic vehicle. This multi-function security and facilities robot is the first of its kind in an industry that is often referred to as the ‘autonomous remote services’ industry.
RAD-M is more than a designer and manufacturer of robots, RAD-M along with master distributor RAD, will deliver an entire suite of fully autonomous, mobile security devices that will disrupt the security service industries with positive results. The company’s products will automate the majority of security and video surveillance services, allowing clients and end-users to hire and retain their most highly skilled workers, to boost profit margins and to grow their businesses.
RAD-M, through RAD, plans to solidify valuable customer relationships with large industry incumbents. With labor costs reduced from security and property patrol services via the introduction of ROAMEO, RAD-M offers its customers an immediate and substantial boost in profits and an enhanced profile to their contracted clients.
Gallery
More about ROAMEO
Innovative from the ground up to its impressive 78” total height, ROAMEO is a robot unlike any deployed to date. ROAMEO takes all of RAD’s industry-leading AI analytics, video surveillance capabilities, and interactive communications and puts them on the move, at speeds of up to 12 mph.
ROAMEO’s 360-degree field-of-view routed through a robust analytic suite, all documented (HIPAA-compliant) securely on the cloud through enhanced cellular services will allow ROAMEO to map property patrol sites, plan and execute routes, avoid obstacles (i.e., people, trees, power posts), and collect and apply data to further optimize for precision and efficiency. The AI analytic suite powering ROAMEO enables the unit to identify vehicles, license plate numbers, and people, with facial recognition, even people wearing or not wearing face masks.
For environments and conditions demanding an even greater field-of-view or surveillance, ROAMEO can be equipped with its self-housed unmanned aerial system (UAS) aka “drone” named AERO. AERO connects to ROAMEO via a 40’ tether which provides power and communications. Current US Federal Aviation Administration (FAA) rules mandate a tethered UAS system for commercial applications.
As an added benefit, ROAMEO will also interact with people along its patrol route, providing necessary calls for help, panic buttons, security alerts, etc., plus an unlimited number of concierge services including local information, weather, directions, plus profit-generating advertising messaging.
RAD-M has experienced a tremendous amount of market anticipation and excitement from its existing customers during pre-release and in response to ROAMEO’s proposed subscription costs as a cost-saving alternative, considering its impact on customer P&Ls. Pre-orders and Letters of Intent from several industry leaders suggest initial pricing will be effective and is in line with expectations.
Press Coverage:
North American security services industry valued at $25 billion in the US. Many of these guard service providers are existing dealers and clients of RAD-M and RAD.
Knightscope Inc. professes to provide outdoor security robots. These robots have different features that ROAMEO and are not paired to ROAMEO’s stationary line. Furthermore, it is believed that Knightscope’s premier product, the K5, is substantially more expensive than ROAMEO. Knightscope has been very successful at raising money through crowdfunding and its last offering was at a $ 320 million dollar valuation.
RAD-M, formally announced on September 18, 2020 is the sister company of Robotic Assistance Devices (RAD). RAD-M’s mission is to develop, invest in and build mobile solutions for the autonomous remote services industry. RAD is a proven security services industry supplier with over 500,000 paid operating hours of field operations via the company’s set of stationary solutions. RAD will serve as the exclusive master distributor of products developed by RAD-M. RAD will also continue to develop and provide stationary artificial intelligence-based solutions for the North American security services industry through its existing and strong network of authorized dealers.
RAD has experienced tremendous market excitement recently in response to the company's Face Mask detection and Health Screening Options. Several NBC-owned, major-market and affilate stations have recently carried news reports on RAD's industry-leading solutions
RAD-M's founding team is comprised of security industry leader and AI veteran Steve Reinharz as President and CEO, robotics and AI analytics innovator Ioan Pop as CTO, and unmanned aerial system (UAS) veteran Sean Smith as Special Consultant.
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Steve Reinharz President and CEO |
Steve Reinharz is the Founder and President of Robotic Assistance Devices Mobile Inc. (RAD•M) and Robotic Assistance Devices (RAD). A proven and seasoned leader in the physical security industry with 20+ years of experience holding various roles in multiple disciplines, Mr. Reinharz has led RAD to create and launch a successful line of artificial intelligence-powered solutions specifically developed for the guarding and concierge industries. RAD is a wholly-owned subsidiary of Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX) |
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Ioan Pop CTO |
Ioan Pop leads the research and development vision and efforts of the company. A licensed professional engineer, with over 12 years of experience in high-tech industries including aerospace, automotive, and robotics, Ioan brings a distinct skillset to the RAD-M portfolio. Fueled by an incessant desire to make a positive impact on the world through engineering, Ioan strives to find innovative technical and effective industry solutions. Ioan has earned his Bachelor of Engineering in the Mechanical Systems Engineering field, specializing in robotics, advanced manufacturing, and mechanical design, from Conestoga College; and is in good standing as a P.Eng. with Professional Engineers of Ontario. |
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Sean Smith Special Consultant |
Sean Smith is a forward-thinking challenge oriented tech entrepreneur excellent at transforming innovative ideas and concepts and developing them into sustainable companies and profitable revenue streams. Serving in senior-level leadership positions he is driven to serve and to help those around him. An awarding-winning executive (2014 Wings Magazine Top 20 Under 40 Award Recipient), a recognized stakeholder by Transport Canada for UAV related items, a mentor at McGill University’s B21, and a founding member of the ENSCO Canadian Division. In 2015, he founded VOZWIN a firm that is focused on providing end-to-end services and solutions to solve problems in alternate revenue stream development, corporate strategic initiatives, product realization, and digital transformation. |
Board of Advisors
RAD-M has also assembled an impressive Board of Advisors to help guide the company. These individuals hail from diverse professional backgrounds including the security industry, tech startups, and financial institutions. This notable board is an endorsement of RAD-M's business model and the competency of the company's management team.
The funds raised will be utilized for expanding RAD-M’s R&D, manufacturing, and marketing of mobile robotic security solutions for the North American autonomous remote services industry.
Valuation Comparison
It is management’s opinion that RAD-M’s valuation for this regulation crowdfunding effort is severely undervalued. This is based on the values of a near-competitor, specifically Knightscope, Inc (KI). KI has raised the bulk of its investment through crowdfunding, recently closed a round at a valuation of $320 million. Management believes that ROAMEO is superior to Knightscope’s premier product, their K5, in terms of mobility, size, concierge functionality. Management understands that ROAMEO is significantly less expensive to end users than the K5.
For this reason, RAD-M sees tremendous investor value in this crowdfund.
A Crowdfunding Reward for You
As our show of appreciation for your support and interest, we are giving away a ROAMEO USB Power Bank for the following investment levels:
- The First 100 Investors at $250.00 (minimum)
- The Second 100 Investors at $500.00 (minimum)
We hope you enjoy these powerful portable chargers.
Exit Strategy
RAD-M’s high profitability and low-cost structure should create a desirable acquisition target for a variety of large multinational companies and private equity groups. A sale of this manner is one of the two potential exit strategies. Furthermore, the company is considering a NASDAQ listing as another potential exit strategy.
Updates
No updates, yet. Stay tuned.
Q&A
Unfortunately, this securities offering is closed. For questions, please email support@trucrowd.com. Thanks!


3 months ago


3 months ago


Other Disclosures
Irregular Use of Proceeds
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
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.