Links 🖇️

Pitch Deck / Website

Journey ⛰️

PowerSlot was born from real estate and design-build professionals’ frustration with inflexible power solutions. The company has developed a game changing modular movable power solution that allows users to easily relocate electrical outlets, addressing the persistent problem of poorly placed power access in homes and offices. By incorporating emerging technologies like IoT and AI, PowerSlot aims to redefine how people interact with power in their living and working spaces.

Location 🗺️

HQ: 6575 Grafton Rd, Valley City, Ohio 44280

Expanding Presence: Plans for local manufacturing and assembly down the line

Leadership 🤼

Contact email: frank@emoovllc.com

• Frank Vale (Co-Founder/COO): Co-creator of PowerSlot concept
• Debra Rafferty (Co-Founder/CEO): Experienced in real estate sales and design-build projects
• Jason Kocher (Electrical Design Engineer, Aqua Engineering)
• Peter Horton (Retired Legrand USA, Electrical Industry Advisor)
• Alberto Pecorelli (Former Accenture, International Business Consultant)
• Steve Sherman (Momentive, Supply Chain Expert)
• Ian Stephens (Voodoo XR, E-Commerce Expert)
• Marcello Velotta (CG Accounting, CPA)

Alignment 💫

• Holds two awarded U.S. patents with additional patents pending in Canada and EU
• Completed first-generation prototype and nearing completion of second-generation prototype
• Conducted extensive market research through National Science Foundation I-Corps program
• 95% of power strip users surveyed would switch to PowerSlot
• Target market: Tech-savvy individuals aged 25-54 with higher discretionary income
• Strong focus on UL certification and compliance

Round Details 💰

Contact Pauly or the leadership team above for more details.

Exit Strategy 🚪

• Targeting acquisition by industry leaders in home improvement, electronics, or smart home sectors, leveraging strong revenue growth, an expanded product line, and competitive positioning.

Asks 🙋

• Support in finalizing second-generation prototype
• Assistance with UL certification process
• Help identifying manufacturing partners
• Support in launching marketing campaign