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Link to Recording: No recording available

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Link to Deck:

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Phil Tran - Founder, said he has social media presence, was former vaper, has written papers? ← did not check the latter

Todd - CEO, medical device background

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The Summary

Company Name: Habit Halo
Purpose: Vape / smoke cessation for the “new era” of smoking addition, i.e. 18-24 vapers.
Problem: 11% of young (18-24 years old) are addicted to vaping. 60% want to quit. “Cold Turkey” quitting has a 5% success rate. Success is measured by resuming smoking 1 years later. Other solutions are more expensive and have mixed success.
Solution: Habit Halo provides a “box” the encloses the vape device. The “box” provides gated, timed, and controlled access to use the vape. There is an algorithm in the “box” that weens users off vaping.
Outcome: 40% success rate
Location: Indianapolis, IN
Investment Amount: $1M Convertible Note @ $3M valuation Cap or 20% discount, 6% interest rate, $25K minimum investment
Stage of Investment: Pre-Seed

The Company

Mission & Vision: Vape / smoke cessation for the “new era” of smoking addition, i.e. 18-24 vapers.
Product/Service: A “box” that encloses a vape device and provides gated access to the device. An app which is free for “motivation” but also a paid plan that connects to the box.
Target Market: Young audience who vape and use social media (their channel).
Value Proposition: 11% of 18-24 US addicted to “vaping”, 60% of whom want to quit.
Competitive Landscape: Other products include, gums, apps, other boxes, and “cold turkey”