PowerBand

PowerBand is a new and innovative training device expanding the limit of any sport. An agronomic smart design as well as advanced materials, created this unique device that improves the way we shape, strengthen and heal our body.

114% of funding target

אין טבלה 
קמפיין נגמר  אין לחצן 
Share
By: Damir Ben Menashe
Successfully fundedAngel Investment
Investment type:
Company Stage:
Category:
Culture & Sports

Highlights

Highlights

PowerBand is launching in a global debut a product in the field of muscle building with patents registered in the US and in Israel.  Now, everyone has an opportunity to invest into a product that is going to become the next TRX. The first prototype was impressively successful and now that all tests were performed by Israel's finest trainers, all that is left is to produce a final version of the product based on the conclusions drawn and launch a global marketing campaign.

1. A revolution in resistance band training - PowerBand is a modern and advanced training device structured as a vest, designed to train, strengthen and tone most of body muscles efficiently and comfortably. PowerBand allows you to exercise, tone and strengthen your body indoors and out in the open, while walking or jogging anywhere and anytime.  This is you opportunity to be part of the athletic training products with its dynamic need for new products. In view of the success TRX experienced and the fact that it enjoys limited resistance, the market is open for entry of an innovative product that addresses the issue, the initial product already exists with a great advantage of being patent protected in the US and Israel and the initial prototype’s R&D expenses are already invested (over half a million NIS.)  The only way from here is up. The trend today is to move to sophisticated training devices that reduce the chance of injury and enhance to exercise’s effectiveness.

2. Market size - review of the relevant media and articles indicates that fitness bands such as the TRX Fitness Band and similar equipment are sold by tens of millions of units a year all over the world. At present, the market value is estimated at half a billion Dollars. A study performed by IDEA Health & Fitness Association held in 2013 indicates to a positive growth trend in use of resistance bands during the last few years.  This study also indicates to the viral nature of the market for these products and that it still maintains a high level of attractiveness for entry of additional vendors.

3. Competitive edge -The PowerBand is intended for use in every exercise type and in wide range of difficulty levels. In addition, it also enables to carry out much more exercises than a regular elastic band; it is versatile and suitable for use in over a hundred various exercises. A regular elastic band cannot withstand stress with such precision since the PB instruments, the elastic band adjusts and contracts according to the resistance the trainee requires.

4. Project management - the IntoMarket Incubator Company is managed in an efficient and modern way, minimizing management overhead and maximizing the utilization of the new global marketing age methods of commerce such as: Work with sub-contractors, collaborations, franchising, concentrated shipment and logistics, etc.

5. Winning team - we have put together a forerunning team of achievers, completing one another, each to his or her area of expertise: Entrepreneurial management, competitive sports and rehabilitation, industrial design, marketing, and more.

So what is the actual opportunity here?

You would be given the chance to Join a winning team and be part of a launch of a new innovative sports product that will occupy a substantial part of a huge and dynamic market, constantly looking for new players.

To summarize things:

1.        At the moment, there is no such wearable product like the PowerBand, with all its advantages.

2.        The product has a patent registered in the US and in Israel.

3.        The market is enormous and hungry for innovations.

4.        The product already underwent long-term testing by professionals and conclusions were drawn.

5.        Up to this point, the entire costs were already paid by the entrepreneur.

6.        The comprehensive team is well connected, leading to aggressive product marketing.

7.        So far, the product is highly praised!

 


Pitch

Pitch

Imagine a wearable training device, allowing you to exercise and strengthen your body indoors and outdoors, while walking and jogging anyplace and anytime. The PowerBand is an innovative and advanced training vest designed to efficiently and comfortably train, strengthen and tone most muscles of the human body.

PowerBand is the next generation of elastic training bands. In addition to the synergetic expansion of the motion range of all existing training and exercise types, the device is designed to be used in all training types and difficulty levels. The PowerBand:

- Enhances correct movements during exercises.

- Adds resistance levels by contracting the band as well as by varying its use and the exercise’s position.

- Allows training of either the entire body or of separate parts.

- Reduces joint abrasion.

- Reduces the exposure to injuries.

- Offers mobility that allows maintaining training continuum during trips and when on the road.

- Enables creation of a variety of training difficulty levels.

                                      

The PowerBand is expected to overtake the TRX position and even leave it behind...

Team

Team

Oron Marcus
Product Manager
Oron is one of IntoVision’s founders and holds the position of head of the Industrial Design Department. Oron is responsible for managing the Industrial Design Department as well as the creative thinking method management. Oron specializes in design and development of concepts and products, ergonomics and production processes. Since the foundation if IntoVision in 2003, Oron lead a variety of projects in high-tech, children’s toys, consumer goods and others, products requiring extensive expertise in ergonomics, aesthetics, materials and creative thinking. Oron is a qualified industrial designer and graduated the Industrial Design Faculty in the Eindhoven Design Academy in the Netherlands.

  • Key Employee
why Oron Marcus ?
Oron is the head of the Industrial Design Department in IntoVision that is responsible for the building of Power Band’s current prototype. Oron personally designed the product and is expected to design the final product that would be introduced to the market upon conclusion of this campaign.

Gilad Oppenheimer
Director
Gilad is one of the founders of IntoVision and is the company’s CEO. Gilad is responsible for the company’s management and its strategy building. From its inception in 2003, Gilad lead IntoVision, making it a prominent player in Israel as well as a company specializing in international branding, industrial design as well as mechanical and electromechanical design. Gilad has tremendous experience in project leading, product management and development, sending products to the production floor and establishing logistics to supply products from production facilities in the east to distributors. Gilad has a B.Sc. in mechanical engineering from the Ben-Gurion University in Israel.

  • Director
why Gilad Oppenheimer ?
Having extensive experience as an engineer, economist and CEO, Gilad has an understanding of the start-up’s needs, constraints and advantages in product development, making him a commercial asset to any enterprise.

Chen Mizrahi
Founder
Chen owns and manages the Sportherpist dance and fitness studio, serving hundreds of customers in a range of activities. Chen holds extensive experience in business and entrepreneurship as well as works as a fitness instructor and therapeutic masseur, with over ten years of specialization in rehabilitation and fitness training.

  • Founder
why Chen Mizrahi ?
Chen is a true professional with a excellent perception of the environment in which he spends most of his life, is highly experienced in this field and has a burning passion to promote the next generation of Power Band.

Damir Ben-Mensahe
CEO
Experienced in management and business, Damir successfully managed several domestic and foreign import, retail, wholesale, product development and technology companies. His most recent managed company, Hosted.co.il, is a leader in instilling cloud computing solutions in the commercial sector. The company performed a successful exit. Nowadays, in addition to managing the IntoMarket incubator company, he is an active mentor, guiding young entrepreneurs in the "Shemesh" fund.

  • Chairman of the Board
why Damir Ben-Mensahe ?
Damir comes with a lot of experience gathered in years of work in marketing consumer products in the international marketplace. He is an expert in employment of innovative thinking in marketing, strategy and business development.

Updates 4

Updates 4

  • Update date: 16/03/2016

    Investors Meeting - Tuesday 22th March 2016

    On Tuesday, 22th March 2016 at 17:30, we will hold an investors meeting at Intovision office.

    Address: 1 HaSadna Street , Kiryat Aryeh, Petach Tikva

    RSVP: Damir Ben Menashe, CEO

    052-446-6628

  • Update date: 14/03/2016

    Investors Meeting - Tuesday 15th March 2016

    On Tuesday, 15th March 2016 at 17:30, we will hold an investors meeting at Intovision office.

    Address: 1 HaSadna Street , Kiryat Aryeh, Petach Tikva

    RSVP: Damir Ben Menashe, CEO

    052-446-6628

  • Update date: 03/03/2016

    Investors Meeting - Tuesday 8th March 2016

    On Tuesday, 8th March 2016 at 17:30, we will hold an investors meeting at Intovision office.

    Address: 1 HaSadna Street , Kiryat Aryeh, Petach Tikva

    RSVP: Damir Ben Menashe, CEO

    052-446-6628

  • Update date: 29/02/2016

    Investors Meeting - Tuesday 1st March 2016

    On Tuesday, 1st March 2016 at 18:00, we will hold an investors meeting at Intovisions' offices.

    Adress: 1 HaSadna Street ,1 Kiryat Aryeh, Petach Tikva

    RSVP: Damir Ben Menashe, CEO

    052-446-6628

     

The financing rounds, made through the ExitValley platform, are in accordance with a model of statutory exemption from publishing a prospectus pursuant to sections 15A(A)(1) and 15A(A)(7) of the Israeli Securities Law - 1968.
Under this model, the disclosure of detailed information on the company and information about the investment in each round of financing are limited to not more than 35 investors, who are not qualified investors, and the round of financing is not in the format of an offering arrangement ("רכז הצעה"), as defined in the Securities Law.
Follow us