Invest

$294,250.00 Invested

Inspiring the culture through social technology.

Consumer Electronics | Technology | Woman Led

*Investors counter and Total Invested will update approximately 3 minutes after a new investment is made.

Campaign Ends In

*Investing into NSPRE™ Electronics, LLC will be an investment under an Interest Investment  and  SAFE, Simple Agreement for Future Equity. This investment involves various risk factors.

Join 50+ of NSPRE's largest investors from the USA, Canada & UK.

Before now, NSPRE™ Electronics was only opened to a small selection of investors. With already, $1.05M invested in our products, R&D, talent acquisitions, and expansion. We are finally opening NSPRE™ to more investors.

Reasons to Invest

• Found  by the first African American Woman to launch an Electronics and Smartphone brand.

• Released 1st product August 2020 and has moved over 7,000 units of our Smart Wearables and Smartphone.

• Has employed 13 people and will hire a total of 33 by February 2021.

• Our goal is to become the largest African American Found consumers electronics provider by scaling our partnerships and retail acquisitions.

• Founder generated $1.8 Million in revenue for her first company in its first year.

• Waitlist for products has grown to 5,800+ people waiting to order upon release.

Milestones

• Trademarked NSPRE Electronics

• Secured $1.05M in investments

• Secured NSPRE 3,000 SQ Ft Headquarters

• Designed and released our Flagship Smartphone

• Has 2nd Smartphone in production

"...She's building the most Prominent Tech Startup in Her Hometown."

Risk of Investing

• In a market where key smartphone players have 56% market share

• There is a strategic supply and demand for smartphones already in the market

• Merger and Acquisitions that increase key players market capacity

​

Temporary Risk: Current climate of COVID-19 can increase the cost of manufacturing and part distributions. With the limitations on disposable income as a result of COVID-19, conversions may be 11% lower than our starting point.

Our Philosophy

NSPRE™ philosophy is straightforward: "Create innovative, affordable, and consumer-first products and services." Our standards are set with the very best of our community and products.

Our Brand

The NSPRE™ brand is built on and strives for creativity and culture. We create exciting, lifestyle, and innovative products that inspire everyday use. Our vision is to "Inspire the culture through social technology" to improve others' lifestyles and the way we access the world around us.

Our Audience

NSPRE™ is a millennial-focused brand. Millennials are considered the 'always concerned" generation because of the close relationship millennials have with technology. NSPRE™ aims to connect through the unity of social technology-- and cutting edge, fun, and simplicity in tech is the millennial's initiative.

Our Products

NSPRE™ thrives on culture forward and homogeneity consumer-first products. We keep the culture connected through technology. Whether through the commonness of a smartphone or the uniqueness of Bluetooth® Eyewear; connectivity has a major spin at NSPRE™.

​

Currently Active:

​

• NX Pro Plus LE: Smartphone

• The Ombres: Bluetooth® Wearables

• The Solars: Bluetooth® Wearables

• The Inferno: Bluetooth® Wearables

• NSPRE Memory: microSD Cards

​

In-development:

​

• NSPRE™ Security

• NSPRE™ iOT Platform

NSPRE the house

NSPRE™ Electronics will be housed in the heart of Alabama inside the Historic Kress building. We have secured a 3,000 SQ. ft space where we will house a team of 33.

​

The headquarters is set to open January 2021.

​

We will update buildout progress here and via our social media.

The Terms

The Investing Terms

In making an investment decision, you as an investors must rely on your through examination of the company you're looking to invest in and the terms of any offering by that company. Where there is always risk involved with investing, in small or large companies, NSPRE™ Electronics is a new company with new customers but current revenues. If you are investing in NSPRE™, it is because you believe in the company in its current state and the future of it. You also throughly understand, that you are investing in a SAFE.

​

SAFE Investment: A SAFE is an agreement that can be used between a company and an investor. The investors invests money in the company using a SAFE. In exchange for the money, with a SAFE, the investor receives the right to purchase stock in a future equity round (when one occurs) subject to certain parameters set in advance in the SAFE.

The investor receives stock in the company at a later date, in connection with specific, contractually-agreed on liquidity events. The primary trigger is generally the sale of preferred shares by the company, typically as part of a future priced fund-raising round. Unlike a straight purchase of equity, shares are not valued at the time the SAFE is signed.

Unlike a convertible note, a SAFE is not a loan; it is more like a warrant. In particular, there is no maturity date, and therefore SAFEs are not subject to the regulations that debt may be in many jurisdictions.

​

Duration: Investments in NSPRE™, an early-stage consumer electronics and emerging technology company can be long-term. Unlike an investment in a mature business, where there is a matured track record of revenue and P&L, the success of NSPRE™, an emerging consumer electronics company relies on the development of new products. You should be prepared to invest with NSPRE™ operating at a profit or a loss.

​

Liquidity: Your ability to liquidate your investment is restricted. Liquidation under a SAFE is though Liquidity events only. Because a small amount if interest is being incurred you will be able to cash out your interest on.

​

ROI of Investment: Unlike traditional investments, you will receive a ROI or ability to cash-in upon 1 or 3 Events: A IPO (If we go public), Company Acquisition (Selling the company) or OIL (Open Investment Liquidation). However, over the course of your investment all investments will generate at 0.05% TIPO every 30 days.

​

Reporting: NSPRE™ Electronics will provide Annual Reports to all investors.

​

Tracking: NSPRE™ Electronics is a privately held company and therefore the availability of public tracking is not available.

​

Cancellation Restrictions: Once you make an investment, you can cancel the investment at any time and for any reason within 14 days of your investment by requesting to do so at support@nspreelectronics.com.

​

Return of Investment after cancellation window: Please see Liquidity.

​

Perk Submission: All perks offered in NSPRE™ Investment tiers will be sent after the closing of the investment round.

Duties & Perks

Roles, Duties and Expectation of all Investors are hoped to be active and involved in various standards of marketing and public representation of the company. Your active participation is a great factor to our continued success.

These duties can be as followed: 

• Social & Press Sharing

• Referrals for products (Request a Referral code)

• Minor Marketing Participation

• Proper Representation if Publicly investing

• Event Participation (if able)

All perks will be sent after the rounds closing.
Thank You Notes will be mailed as your investments are cleared. Official documents are emailed upon round end.

Join the NSPRE™ Family!

Own a small piece of NSPRE™ and help us continue to scale, expand and develop our brand and culture.