Power Tee

Power Tee

Jacksonville, FL
Invest Now

Power Tee

Company Overview

World’s best performance automatic teeing system for the indoor environment, driving ranges, and country clubs. Power Tee has been installed in thousands of golf ranges globally, including the USA, UK, Europe, Asia & the Middle East. Power Tee is the premier automated teeing system in the game of golf. It is the number one internationally-patented golf tee practice system in the entire world. Power Tee has continued to evolve and improve over the past 20 years to ensure consistent, automatically teed golf balls every time the end-user swings. It creates the most productive and enjoyable experience for golfers looking to practice their game. * Utilized in 80% of commercial driving ranges in the U.K. * Leases create recurring revenue * 90% plus renewal rate on existing leases * Already in 70 driving ranges in the U.S. * Poised for strong growth in the U.S. * Intellectual Property is protected by patents * Prototype of a home-use Power Tee is developed & has substantial market potential The Capital Raise will: - Fund an in-house leasing program which should greatly increase sales to commercial and on-course driving ranges. - Increase the sale team - Complete development of the in-home Power Tee from a prototype to a mass production model - Increase advertising Power Tee has 3 main markets; - commercial golf ranges - on-course ranges at golf clubs - in-home golf practice areas The average golf range leases 15 Power Tee units and each unit produces five years of recurring lease revenue. The company's mission is to become the generic term for automatic teeing in USA. Power Tee is looking to aggressively enter the home-use golf market while continuing to improve and grow within the Range and Club markets as well. With the home-use golf simulator market projected to grow from $1.5B to $3B by the year 2030, Power Tee sees this as the main driver of future growth and expansion to support our core commercial use business. Power Tee should hit our financial projections by selling the home use Power Tee to less than 4% of millionaire golfers and less than 1% of non-millionaire golfers. Power Tee is the branded product and operating entity of Golf-Tech Inc.

Products & Services

Power Tee

Power Tee is the world's leading automated golf ball teeing system. Power Tee - Improves rhythm & builds muscle memory - Creates a consistent, repeatable environment - Makes golf more fun, more rewarding, and more productive - It has been proven a golfer can gain confidence practicing on Power Tee Commercial and On-Course Driving Ranges - Increases sales by 20% - 30% - Greater range experience - Attracts a broader demographic - Increased secondary spends - More family outings - Found in over 80% of commercial driving ranges in the U.K. - Historical renewal rate on commercial leases exceeds 90% - Please view the Driving Range Owner -Testimonial in the News/Links section Power Tee - Home Use Model - Prototype has been developed - Capital raise will allow to develop the production model - 4.5 inch deep - Foldable and stowable - Movable, on wheels - 45 million golfers in the U.S. - No automated teeing competitors - View the Power Tee home unit prototype in the News/Links section

Media Gallery

Team

C

Clare D

CHIEF OPERATING OFFICER

Trained with Ernst & Young in Audit. Several years in Industry with; Peak Technologies (UK) Limited – European Headquarters of US owned barcoding solu...

B

Bill F

CHIEF FINANCIAL OFFICER

Friday has helped grow public and early-stage companies. Experience includes SVP at a major bank, VP of Finance, CFO and CEO of start-up companies. He...

D

Doug B

MANAGING DIRECTOR SALES

After a successful career with 2 Fortune 100 Companies; Doug launched a computer training company. The Company went from 0 students to training more t...

Company Stats

Key metrics about Power Tee

Industry CONSUMER SERVICES

Fuel Level

Engagement metrics for Power Tee

0
Fuel Points

Fuel represents engagement and interest in this company from the Crowdigy community.

Are you the owner of Power Tee?

Claim your company profile to respond to reviews, update your information, and connect with investors.

Claim This Company

Disclosures

crowdigy.com is a website owned by Crowdigy LLC. Crowdigy LLC. operates sections of crowdigy.com where certain Regulation Crowdfunding, Regulation D and Regulation A+ offerings are available. Crowdigy LLC. is not regulated in any capacity, is not registered as either a broker-dealer or funding portal, and is not a member of FINRA or any other self-regulatory organization.

In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and the risks involved. Investing in companies is a highly risky activity, which may include a risk or loss capital. Crowdigy LLC is not making any guarantees. If investors lose all or part of their investments, the investors will not have a right to recover from Crowdigy LLC except only to the extent Crowdigy LLC is determined to be liable under current securities laws.

Information displayed by crowdigy.com that is not controlled or accessed by registered investors or companies features information publicly available through open internet platforms or publicly released information or data sources.

Anyone with a financial stake in a company in a fundraising capacity, such as a promoter, employee, or founder, must disclose their relationship when communicating with other investors. Investors should read our educational materials on startup investing. Educational materials are continually updated at https://crowdigy.com/investors.

By using crowdigy.com, you accept our Terms and Conditions & Privacy Policy. If investing, you accept our Investor Agreement. You may also view our Privacy Notice.

This is an electronic platform where business owners can be featured to raise money from investors in return for securities or other arrangements, and where investors can browse opportunities to invest. Opportunities or securities presented on this site have not been registered, recommended or approved by any federal or state securities commission, regulatory authority or Crowdigy LLC.

All the information on this site is provided by the issuers or publicly available information and any investments or investment details are facilitated by their funding portal.

All representations of information is not validated or certified by Crowdigy LLC and is the responsibility of the information providers or respective companies that control their own profiles or cards. By using Crowdigy you agree and understand Crowdigy is NOT a licensed broker-dealer and does not provide any investment advice or recommendation and does not provide any legal or tax advice with respect to any securities or offers. Any features, placements or promotions of opportunities on Crowdigy should not be construed as an endorsement or recommendation.

We use cookies on this site to enhance your user experience and analyze site traffic. By clicking "Accept", you consent to our use of cookies. Learn more