Wefunder profile page for Participant assistive products
INVEST IN PARTICIPANT
Revolutionizing mobility for children
of a $100-$400,000 goal from 35 investors
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We make affordable assistive products, starting with a groundbreaking supportive wheelchair for children with Cerebral Palsy and similar conditions. Our product roadmap follows the World Health Organization's list of 50 Priority Products that is being used by many countries to guide their national insurance. Our products are durable, affordable, and high quality. Our mission is to increase the participation of people with disabilities in society.
Why invest in us..
Strong team - 100 years of industry experience, 150 wheelchairs developed, two successful exits, and 100,000+ units sold
Customers believe - Letters of Intent to buy over 2500 units per year
Strategic manufacturing partnership - with Nissin Japan, the second largest wheelchair company in Japan
Product1 fills a gap - in the market and there are few competitors in our niche
Field trials demonstrate effectiveness - one complete, one in progress, and X booked
Straightforward approvals - Product1 is an FDA Class 1 medical device, which we have completed many times.
A lasting company - our intent is a solution on the scale of the need that stays on track, guided by our Benefit Corporation status
Two successful crowdfunding campaigns on Indiegogo and Startsomegood
(Showing) Dave, Keoke, Wayne (see more) Ryota, Eli, Kayla, Bruno,
3 big investors that no one has heard of
The Young Turks Global Goals Random Podcast Random Facebook TV
A Basic Human Need That Was Ignored
Able bodied children access education and engage in rich social opportunities. For the 8 million children with mobility disabilities, these basic human rights are often denied. Without a proper wheelchair these children miss out on their childhood and experience preventable secondary medical complications.
Increasingly, hearts - and funding - have moved to the needs of these childrenThis is marvelous and underreported good news. Unfortunately, reasonable quality wheelchairs are absurdly expensive.
Product1 solves problems with affordability, durability, and ease of provision for lower income countries, a rapidly growing $69M market, and offers an affordable product for US customers, a $100M market. This cross subsidy marketing strategy affords healthy margins, brand awareness, and product feedback from the US market; and, allows economies of scale and massive social impact through discounted sales to lower income country markets.
A Social Impact Business Opportunity
We have ten decades of experience inventing mobility solutions - like this postural support wheelchair. Now is a pivotal time when a scalable, commercial solution is needed to fulfill requests by governments, non-profits, and parents - both in the USA and abroad.
Lessons learned from the global fight against HIV/AIDS, like pooling procurement from smaller nations, are being applied to improve access to assistive products. The United Nations, World Health Organization, and the UK, USA, and Norway governments have joined forces on AT Scale 2030 - a $200 million initiative to solve improve access to assistive products and build demand.
What Makes This Wheelchair Special
After seeing our demo and leaning about Participant, X of X users, parents, and therapists agreed that: “Product1 solves big problems for users and caregivers. And, Participant is a company that the world needs.” Abroad, the response is even stronger.
A Different Kind of Company
Participant will be a lasting company that serves basic needs. Our mission is to increase the participation of people with disabilities by making affordable, user-centered products. As a B-Corp, our starting point puts users’ needs and massive-scale impact at the center of our vision; and, disruptive approaches naturally emerge. American users and parents are fed up with outrageous prices, slow delivery, poor repairability - an industry more centered on Medicare than on users. Why not serve US users better?
Our designers are watching the near horizon for the distributed manufacturing revolution. Currently, designs are being simultaneously developed for conventional methods and for 3D printing. (Revenue for repayment of this debt investment will come from conventional manufacturing, not from industrial 3D printing.) When 3D printed parts are commercially viable new opportunities will open for decentralization and production near to the end users with employment for people with disabilities.