{"data":{"type":"company_profile","id":136309,"entity_id":"wefunder:company:136309","attributes":{"canonical_url":"https://wefunder.com/package.inc","generated_at":"2026-06-24T07:21:56Z","updated_at":"2026-06-24T05:01:10Z","entity_ids":{"company":"wefunder:company:136309","slug":"wefunder:company_slug:package.inc"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-24T07:21:56Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-24T05:01:10Z","as_of":"2026-06-24T07:21:56Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-24T05:01:10Z","as_of":"2026-06-24T07:21:56Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2026-06-15T21:54:22Z","as_of":"2026-06-24T07:21:56Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2026-06-15T21:54:22Z","as_of":"2026-06-24T07:21:56Z","confidence":"medium"}}},"company":{"id":136309,"entity_id":"wefunder:company:136309","slug":"package.inc","name":"Package, Inc.","tagline":"The Future of Luggage Tracking \u0026 Travel Security. ","story":"Package, Inc. is at the forefront of developing an interconnected product ecosystem that revolutionizes the way we live, work, play and travel.\u0026nbsp; Combining real-time logistics, tracking, networking and insurance, Package, Inc. is building the future of shipping, transportation and travel security. Over 76,000 bags are mishandled by airlines every day, adding up to over 28 million bags per year, 5% of which are lost forever. The cost to airlines and travelers is hundreds of millions of dollars in losses every year and the problem is getting worse. As of 2022, lost baggage claims had grown by over 30% since 2019.The need for a comprehensive solution is now!Introducing LuggageCam™ - the luggage logistics, tracking and security solution. A wireless tracking and audio-video security system that securely locks onto your luggage handle, turning any travel bag into a smart bag.More than a dot on a map, LuggageCam™ introduces a new paradigm for baggage tracking by offering both airlines and travelers with a real-time baggage monitoring and on-luggage and mobile alert system for end-to-end security.Say goodbye to the stress of wondering where your bags are or whether your belongings are secure. Our innovative products and services empower you to effortlessly monitor and protect your luggage in real-time at all times throughout your travels for complete peace-of-mind.SmartClip™ - At the heart of LuggageCam is the SmartClip, which serves as the central hub for a range of powerful features such as continuous location tracking, real-time video monitoring, security alerts and alarm, all accessible through a user-friendly interface.SmartTag™ - the digital luggage tag, combines with the SmartClip to offer a dynamic flight and travel itinerary display with real-time on-luggage alerts such as flight status, gate changes, baggage handling instructions, bag and handler identification and more.SmartLock™ is a wireless zipper locking system and fingerprint reader for your luggage. SmartLock provides physical security for your bag and belongings with real-time mobile alerts whenever your luggage is unlocked, opened or tampered with and an alarm to prevent unauthorized entry.LuggageCam products are the ultimate travel security solution.From check-in to baggage claim, LuggageCam streamlines travel for passengers and airlines with automated baggage check-in, real-time on-luggage flight itinerary, baggage handling and security updates to wireless traveler verification at pick-up. LuggageCam prevents misplaced and stolen luggage.Featuring continuous location tracking, real-time video streaming, motion, shock and temperature monitoring, mobile alerts and alarm. With the LuggageCam mobile app, luggage tracking and security is now at your fingertips.Luggage.insure™, the luggage insurance service that offers per flight, round trip and full travel coverage plans with end-to-end security monitoring and automated claims processing if your luggage is lost, stolen or damaged.Luggage.insure frees travelers from wasting hours with airline customer service trying to track down misplaced luggage and weeks or months to get reimbursed for lost or stolen luggage while reducing the burden on airlines to pay up to $3,800 per misplaced bag, adding up to tens of millions of dollars in savings for airlines and travelers every year.The LuggageCam product ecosystem provides a comprehensive solution for both airlines and travelers with an enterprise cloud platform enabling airlines, airports and travel agencies to track, monitor and secure luggage for entire flights, fleets and large groups and a robust consumer app that enables individual travelers and families to track, monitor and secure their bags and belongings in real time at all times throughout their travels.In addition to direct-to-consumer product sales, LuggageCam is introducing a product leasing and revenue sharing program enabling travelers to lease LuggageCam directly from their airline or airport on a one-way or round-trip basis with easy pick-up and drop-off locations and kiosks, while empowering airlines and airports with a $500M+ projected (although not guaranteed) annual revenue opportunity.We are committed to strategic partnerships with leading airlines, airports and travel providers around the world, making LuggageCam easily accessible to travelers and revolutionizing the travel experience for millions of passengers. Our shared vision is to make travel more convenient, secure and sustainable, ensuring that passengers can embark on their journeys with confidence knowing that their belongings are safe and secure from check-in to baggage claim.LuggageCam represents a true paradigm shift for the travel industry. While existing one-off tracking devices offer little more than a dot on a map with only single person access, LuggageCam is introducing the luggage tracking, monitoring and security system designed for airlines and travelers with on-luggage and mobile flight itinerary and security alerts, real-time video monitoring and end-to-end insurance coverage.The global Internet of Things (IoT) market is projected to grow from $544 billion in 2022 to an astounding $3.7 trillion dollars by 2030 and the airport baggage handling market segment alone is on track to more than double in size from $6.7 billion in 2020 to over $16 billion by 2030. While the travel insurance market is projected to grow from $13.3 billion in 2021 to $99 billion by 2030 at a CAGR of 25%. Package, Inc. is well positioned not only to benefit from rising tides but to help grow these markets and the entire travel industry.LuggageCam delivers the triple advantage that is essential for businesses: streamlined operations, increased profitability and heightened customer satisfaction by providing real-time luggage logistics, tracking and security, it streamlines baggage handling processes, reducing operational bottlenecks and improving efficiency.This efficiency translates into increased profitability as operational costs decrease and customer satisfaction rises due to the convenience and peace-of-mind LuggageCam offers. With these advantages, LuggageCam is not just a smart investment but a catalyst for growth and customer loyalty in the travel industry.By offering real-time luggage tracking and security, LuggageCam enhances the efficiency of baggage handling processes for airlines, airports and travel providers and reduces workloads for agents, baggage handlers and flight attendants freeing them up to better serve customers.With LuggageCam, the risk of lost, stolen or mishandled luggage is significantly reduced, minimizing costly delays and logistical challenges while improving customer relations.LuggageCam reduces workloads for staff, freeing them up to better serve customers.Passengers using technology at the bag collection stage reported an average satisfaction rate of 8.66 out of 10.Eliminate the need for extensive infrastructure to track down delayed or lost bags, leading to significant cost savings.LuggageCam is being built from the ground up to serve airlines, airports and travelers.LuggageCam not only enhances the travel experience but also significantly contributes to increased profitability for airlines, airports and travel providers. By minimizing the costs associated with lost luggage, operational inefficiencies and compensation claims, it improves the bottom line.These operational savings combined with the LuggageCam revenue sharing program, represents hundreds of millions of dollars in new annual revenue potential for airlines.IATA projected that RFID baggage tracking would save the airline industry $5 billion by 2026.LuggageCam is introducing automated insurance claim processing with Luggage.Insure for end-to-end baggage travel insurance coverage.LuggageCam can be part of the airline's commitment to digital transformation and stay at the forefront of technological innovation.Airline partner leasing option represents hundreds of millions of dollars in potential new annual revenue for airlines.Travelers knowing that their belongings are secure and easily traceable reduces stress and enhances the overall travel experience. As a result, LuggageCam not only meets but exceeds customer expectations leading to happier, more loyal customers who are likely to choose airlines and travel providers that prioritize their peace-of-mind and convenience.The trust and reassurance provided by LuggageCam gives passengers peace of mind and encourages repeat business and customer loyalty.LuggageCam products and services will increase passengers talking about their positive travel experiences.LuggageCam will speed up the resolution of mishandled luggage leading to less frustration for those affected.\u0026nbsp;Real-time tracking helps locate lost assets but also provides valuable data for operational optimization to improve customer experience.By participating in the LuggageCam Revenue Sharing Program, airlines can diversify their revenue sources and bolster their bottom line. It offers a win-win situation, as airlines not only provide an innovative and sought-after service to their customers but also generate additional income with minimal upfront cost or added operational complexity.An average of 55% of airline passengers check bags on each flight (Go Group LLC Baggage Survey), adding up to a total market size of over 400 million LuggageCam leasing and sales transactions per year for the top five U.S. airlines combined representing a new annual revenue sharing opportunity of over $445 million dollars per airline.The Package, Inc. product portfolio spans shipping, transportation and travel security, with generations of products in the pipeline. Our commitment to a robust portfolio of products is unwavering. We understand that a diversified and innovative product lineup is essential for long-term success in a dynamic market.PHASE 1 - PRODUCT DEVELOPMENTFocuses on refining the firmware and hardware, creating manufacturing specs, and launching test pilots with airlines and bike companies.PHASE 2 - INITIAL PRODUCTSLaunch our initial product offerings LuggageCam and BikeCam with both D2C sales and leasing options with airline and bike companies.PHASE 3 - NEW PRODUCTSWe will see the launch of additional product lines further solidifying our position as a worldwide leader in asset tracking, safety and securityIn the short-term Package, Inc. is laser-focused on achieving key milestones. Having completed comprehensive product, systems, and mobile app design, over the next 18 months we will complete development, manufacturing and market launch of the LuggageCam product ecosystem while building key strategic partnerships and prioritizing customer satisfaction.Package, Inc. is raising $5M to complete product, platform and mobile app development, testing and market launch including a pilot program with leading U.S. airlines and airports.The Package, Inc. products, applications and insurance services represent hundreds of millions and potentially billions of dollars in future annual recurring revenue from B2B, B2C and B2B2C sales, leasing and subscriptions.Package, Inc. anticipates expanding its global reach and tapping into new markets as it diversifies its product line. Package, Inc. is poised for sustained success and looks to exceed expectations in the coming years.Package, Inc. is building a product ecosystem that spans shipping, transportation and travel security and a groundbreaking investment platform that offers investors an extraordinary opportunity to own a stake in an untapped multi-billion-dollar market with huge growth potential.By embracing the power of connectivity and end-to-end security, we are paving the way for a future where technology seamlessly integrates with our lifestyles, making every aspect of our lives smarter, simpler, safer and more secure. Don’t miss out on this opportunity - invest in Package, Inc. today.Package, Inc. is raising a $5 million SAFE round at a $17 million valuation cap with a 20% discount and a reduced valuation cap of $15.3 million with a 20% discount for early bird investors.LuggageCam is the future of travel security. Early investors stand to benefit from its rapid adoption and the transformative impact it will have on the travel sector and this is only the first stage in our extraordinary journey as we bring real-time security to shipping, transportation and travel.","location":"San Francisco, CA","website":"https://package.inc","total_amount_raised":68653,"total_investors":42,"is_funded":true,"is_active":true,"quality_score":3,"related_urls":["https://wefunder.com/package.inc","https://package.inc"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/136309/xxl_blob.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/136309/large_blob.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/136309/standard_blob.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/136309/standard_blob.jpg"},"links":{"company_url":"https://package.inc","linkedin_url":"https://linkedin.com/company/packagesinc","facebook_url":"https://facebook.com/packagesinc"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"Package Inc. is solving one of the largest pain points of travel – lost \u0026amp; 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Waldman","avatar_url":"https://wefunder.com/rails/active_storage/blobs/redirect/eyJfcmFpbHMiOnsiZGF0YSI6NjY1MDUsInB1ciI6ImJsb2JfaWQifX0=--f2ddccf8900c003cdb06fcf19b060f5a35eab03b/filename","profile_url":"https://wefunder.com/michael.waldman.2","endorsement_quote":"What excites me about Package, Inc. is that they are solving a problem that many of us face on a regular basis, whether you are traveling for business or pleasure, no one wants to spend time tracking down misplaced luggage, replacing clothes and belongings after a flight or haggling with airlines to get reimbursed for permanently lost or stolen luggage. While existing products are limited to basic consumer location trackers with little or no real-time security, Package, Inc. is building a comprehensive enterprise and consumer product portfolio with LuggageCam that offers a real-time baggage tracking, security and insurance solution for both airlines and passengers. Having owned and managed companies in the real-estate and transportation space including a rental car company, I understand the value of real-time tracking, security and insurance. By packaging luggage insurance with real-time luggage tracking and security products and services, Package, Inc. is pioneering usage-based insurance for the airline and travel industry and with additional product portfolios being built for the bike and motorcycle and the shipping and logistics industries, the market opportunity is huge. The scope of what Bryan and the Package, Inc. team are building is truly extraordinary. It is with great pleasure that I have been able to support their journey and be a part of their investment team and I am excited to help them bring this opportunity to the community.","investment_total":175000,"investment_info":"Invested $25,000 this round \u0026 $150,000 previously","is_lead_investor":true,"related_urls":["https://wefunder.com/michael.waldman.2"]}],"investor_memos":[],"tab_counts":{"posts":3,"ask_questions":17,"featured_investors":10,"faq_entries":5},"active_fundraises":[{"id":86978,"entity_id":"wefunder:fundraise:86978","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":50000.0,"minimum_target":"50000.0","maximum_target":"1200000.0","funding_started_at":"2024-01-03T23:42:19Z","funding_closed_at":"2024-04-30T04:00:21Z","auto_close_at":"2024-04-30T03:59:59Z"},{"id":86979,"entity_id":"wefunder:fundraise:86979","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":1200000.0,"minimum_target":"50000.0","maximum_target":"1200000.0","funding_started_at":"2023-08-28T23:36:36Z"}],"latest_fundraise":{"id":86978,"entity_id":"wefunder:fundraise:86978","state":"successful","offering_type":"4(a)(6)","structure":"safe","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2024-01-03T23:42:19Z","funding_closed_at":"2024-04-30T04:00:21Z","terms":{"eb":"$15.3M","nb":"$17M","txt":"valuation cap"}},"recent_posts":[{"id":170097,"entity_id":"wefunder:feed_item:170097","type":"FeedItem::Update","visibility":"public","title":"Setting the Standard","preview":"Partners,\u0026nbsp;We are excited that you have joined our journey to create peace-of-mind for travelers worldwide. With a significant increase in mishandled bags in 2023, Package, inc. is solving one of the largest pain-points of travel – lost and stolen luggage and revolutionizing the future of luggage tracking and travel security with LuggageCam.\u0026nbsp;\u0026nbsp;By offering real-time luggage logistics, tracking, and security LuggageCam will enable passengers to monitor their bags and belongings in ...","published_at":"2024-01-20T03:01:30Z","author_name":"Bryan Davis","url":"/feed/170097","canonical_url":"https://wefunder.com/feed/170097"},{"id":169940,"entity_id":"wefunder:feed_item:169940","type":"FeedItem::Update","visibility":"public","title":"Package Inc. in the News","preview":"Dear Investors,We want to share our recent achievements and milestones with you, as they are as much yours as they are ours. Package, Inc. has recently been covered by major media outlets including Fox (Queens City News) and Yahoo! Check out the stories below.https://www.qcnews.com/lifestyle/travel/worried-about-stolen-luggage-company-goes-beyond-an-airtag-to-create-real-time-security-device/https://news.yahoo.com/worried-stolen-luggage-company-goes-221507527.html?guccounter=1Your insights, e...","published_at":"2024-01-12T00:20:24Z","author_name":"Bryan Davis","url":"/feed/169940","canonical_url":"https://wefunder.com/feed/169940"},{"id":169787,"entity_id":"wefunder:feed_item:169787","type":"FeedItem::Update","visibility":"public","title":"Now Accepting Investments!","preview":"We are excited to announce that Package, Inc. has officially filed with the SEC and can now accept investments!\u0026nbsp;\u0026nbsp;Your contribution is instrumental in propelling our vision forward and bringing the LuggageCam\u0026nbsp;product portfolio\u0026nbsp;to market. We are truly grateful for your belief in our mission and the confidence you've placed in our team. We are advancing a multi billion-dollar industry with the future of luggage tracking and travel security!\u0026nbsp;\u0026nbsp;As we move forward, your...","published_at":"2024-01-05T18:31:01Z","author_name":"Bryan Davis","url":"/feed/169787","canonical_url":"https://wefunder.com/feed/169787"}],"q_and_a":[{"id":272481,"entity_id":"wefunder:comment:272481","question":"I'm honestly trying to understand your model. You're a tech company developing tracking technology for personal luggage through a highly regulated airline international system, but after looking through your top team, I don't see much integration with your critical partners (yes, I see Fisher's relationship with KLM-Air France). Looking at your timeline, you should be exiting the design phase. From a development perspective, you should already be talking to airlines as to what they need from you to fit in with their systems. I know it's asking too much to explain your whole business in a single short wefunder page, so could you outline your collaborations with airlines here? Thanks, Jason","author_name":"Jason S.","votes":3,"created_at":"2023-12-23T02:57:32Z","canonical_url":"https://wefunder.com/package.inc#question-272481","answers":[{"id":272510,"entity_id":"wefunder:comment:272510","answer":"Jason, Thank you for your interest! Package, Inc. brought on Tusk Venture Partners as one of our lead investors because of their experience introducing disruptive products into highly regulated industries like the international airline and ride sharing industries. We are working with them to onboard a number of U.S. airlines and are in talks with two major airports regarding a pilot launch. Regarding the product design, all of the LuggageCam products are being developed to comply with FAA, TSA and IATA international airline standards for wireless electronic tracking devices to be used with both checked-in and carry-on luggage so that our products may be leased or sold directly to travelers. LuggageCam products are likely to require testing and regulatory approval by the TSA which we view as an advantage as it will enable the widespread adoption of LuggageCam products and services as the gold standard in real-time luggage tracking and security for the airline industry. Sincerely, Bryan","author_name":"Bryan Davis","votes":1,"created_at":"2023-12-23T17:31:01Z"}]},{"id":273341,"entity_id":"wefunder:comment:273341","question":"Bryan, If I remember correctly, you were the CEO of Eyecam which was fundraising on Crowdfunder…. I know crowdfunder doesn’t exist anymore but what happened to Eyecam ? Are you going to focus on that or this venture ?","author_name":"Sagar Patel","votes":1,"created_at":"2024-01-08T04:17:18Z","canonical_url":"https://wefunder.com/package.inc#question-273341","answers":[{"id":273356,"entity_id":"wefunder:comment:273356","answer":"Thanks Sagar, Yes, eyeCam's IP portfolio is in development. Presently we are focused on bringing LuggageCam and the Package, Inc. products to market.","author_name":"Bryan Davis","votes":0,"created_at":"2024-01-08T14:40:03Z"}]},{"id":273197,"entity_id":"wefunder:comment:273197","question":"Reviewing model and features. I think is a great idea! have you considered maybe a more simple version of this product before the full developement with all the items you have specified to see how will work with end users and other purchasing agents of product? I think you could reduce cost quite a bit with removal of voice and camera technology as you have showing which may bring more to this product as time comes.","author_name":"Dave Gapinski","votes":1,"created_at":"2024-01-05T15:02:23Z","canonical_url":"https://wefunder.com/package.inc#question-273197","answers":[{"id":273199,"entity_id":"wefunder:comment:273199","answer":"Thanks Dave! Yes, we are building a range of lower cost models with fewer features.","author_name":"Bryan Davis","votes":0,"created_at":"2024-01-05T17:16:27Z"}]},{"id":277820,"entity_id":"wefunder:comment:277820","question":"I am wondering. looking at your raise it has basically stayed the same. do you have any other places that you are advertising, free sources that can drive people here? what is the magic number etc you need to raise etc?","author_name":"John Webster","votes":0,"created_at":"2024-03-02T21:47:05Z","canonical_url":"https://wefunder.com/package.inc#question-277820","answers":[{"id":277828,"entity_id":"wefunder:comment:277828","answer":"Thanks John! We are preparing to launch a large marketing campaign in a few weeks. Feel free to contact us directly at info@package.inc and we will keep you posted.","author_name":"Bryan Davis","votes":0,"created_at":"2024-03-03T00:01:15Z"}]},{"id":276076,"entity_id":"wefunder:comment:276076","question":"Bryan, I have logged a lot of skymiles in my career and had luggage lost or misplaced and routineley not on time for work. AirFrance completely lost my bags before. Last June I had fallen asleep in a hotel lobby in San Diego waiting for my suits/bags to arrive (. I was told by airline oh around 6pm when I arrived at SAN at 4pm with no bags...she showed at 2am in the morning.. )after hosting an event in sweaty travel clothing. \"WheresMySUitcase\" is GARBAGE. The courier girl said \"I saw your texts I didn't have time to respond\" as I texted a half dozen times and called the phone # multiple times.. as I watched her dot around the GasLamp on a rudimentary crude map ad. PURE GARBAGE. So I get there's need for disruption and I like it.. but I also get Jason's Q below. To your point \" LuggageCam products are likely to require testing and regulatory approval by the TSA which we view as an advantage as it will enable the widespread adoption of LuggageCam products and services as the gold standard in real-time luggage tracking and security for the airline industry.\" There's a lot of regulatory hurdle here. The forward thinking tech will surely created some more hurdles. Why bother with the camera, an expensive item that could get broken. (FYI.. I refueled planes and thru bags for airlines as a kid. There's nothing will stop bag damage.) Having GPS and security tracking seems adequate. ANything with a lens that's an accident waiting to get broken. Seems an oversight and real-time data storage local or in the cloud .. would have connection issues to stream that amount of data or local storage just seems added cost with low ROI. This becomes a DTC pitch. The airlines could comply on REgs. But if it's priced right I could see it sold at kiosks or like the mall in Zurich where I had to get some expensive wall charger/converters last spring.. What do you have worked out for B2B and DTC. Not relying on or needing any input from airlines, TSA, etc. As long as you're compliant with FAA, Fed Regs, they're not required to participate in a biz model. What would a retail cost be on average to cover one bag annually (all hardward/apps/support) ? For those of us who travel quarterly for business, this is something that makes a lot of sense and eases the mind. The airlines have gone to crap. I just tried to get a hold of JetBlue to fix a seat issue.. good luck. They used to be reliant. So while I like the overall ideology and tech plan .. the holes I see are timing, cost, overkill and Regulation hurdles delaying launch. ------------ JUST READ so EDITING POST (John, Thank you for the follow up! The LuggageCam per-unit production costs are projected to range from about $63 for the $99 base SmartClip device to about $189 for the $299 high-end SmartClip Pro depending on networking, memory, security and other features and our per-unit profit margins are projected to range from about 18% to 27% not including monthly subscriptions and insurance revenue.) Do you have a document that breaks all that down ? Mo. Sub costs. What Insurance provider is your partner\u0026gt;","author_name":"Mark  Wilbur","votes":0,"created_at":"2024-02-12T19:32:03Z","canonical_url":"https://wefunder.com/package.inc#question-276076","answers":[{"id":276136,"entity_id":"wefunder:comment:276136","answer":"Thank you Mark! Yes, the need and demand for LuggageCam is widespread and growing not only for airlines and airports but for cruise lines, hotels and the entire travel industry. Package, Inc. is building a comprehensive solution with the LuggageCam product line that includes a basic version of the SmartClip luggage tracking and security system that does not include a camera, will be entirely FAA, TSA and IATA compliant on day one and will not require regulatory approval so that we are able to speed up our time to market and meet the needs of travelers and airlines worldwide. Our B2B and DTC model is focused on online sales, airports and hotels. We are presently in talks with U.S. and international airports to introduce LuggageCam kiosks into the baggage check-in area, enabling travelers to purchase our products where they are needed most. As we expand to more locations, we will introduce a product leasing program with LuggageCam drop-off locations placed in airport baggage claim areas. Regarding our luggage insurance service – LuggageInsure, we will make an announcement as soon as we finalize terms with an insurance provider. The LuggageCam monthly subscription services and pricing will range from $3.99 to $9.99 per month based on data streaming and storage options and security services. We will be publicizing our consumer pricing model later this year when we launch our pre-sales campaign.","author_name":"Bryan Davis","votes":0,"created_at":"2024-02-13T19:01:07Z"}]},{"id":275109,"entity_id":"wefunder:comment:275109","question":"I agree with Dave. What gets many companies is instead of just having a basic model then later adding more stuff depending on customer reaction etc. they have a basic version and a more complex version. Best to just do a basic version then worry about adding stuff later. You spend all that money and time developing a product with extra features etc then the market doesn't accept it like you think. Yeah it is best to just have a basic version only then add stuff later, you should be able to track customer info. See how people actually react vs assuming many will love it. Lastly, you gave me the cost to produce them just not how many you can produce monthly etc.","author_name":"John Webster","votes":0,"created_at":"2024-01-31T02:47:34Z","canonical_url":"https://wefunder.com/package.inc#question-275109","answers":[{"id":275349,"entity_id":"wefunder:comment:275349","answer":"Thank you John, Good suggestion! Regarding weekly production numbers, they will initially be tied to the number of units sold during the LuggageCam pre-sales campaign which we are preparing to launch later this year.","author_name":"Bryan Davis","votes":0,"created_at":"2024-02-03T17:04:31Z"}]},{"id":275021,"entity_id":"wefunder:comment:275021","question":"with you guys friday! normal investment day!","author_name":"John Webster","votes":0,"created_at":"2024-01-30T00:39:06Z","canonical_url":"https://wefunder.com/package.inc#question-275021","answers":[{"id":275111,"entity_id":"wefunder:comment:275111","answer":"Thank you John!","author_name":"Bryan Davis","votes":0,"created_at":"2024-01-31T03:06:46Z"}]},{"id":275020,"entity_id":"wefunder:comment:275020","question":"i have a request. can once a month or so can we have a zoom where investors can share ideas etc. as i look at crowdfunding sites, i invested in a ton of companies and some as a vc. on the crowdfunding side very rarely do investors actually make a return or one that really matters. nobody wants to invest 100 just to get back 200 in 5 years. cause the minimum being so low and especially being a small percent of whatever you end up raising. you will have to do millions upon millions in profit for them to see a halfway decent return.maybe the once a month meetings etc will help. i see the partner with us page. do you have any kind of ambassador, affiliate program or something. all the companies i invested that have it it works big time! the partner with us. is that the same? i know some companies it says affiliate, ambassador program on website. thanks for your time!","author_name":"John Webster","votes":0,"created_at":"2024-01-30T00:38:08Z","canonical_url":"https://wefunder.com/package.inc#question-275020","answers":[{"id":275110,"entity_id":"wefunder:comment:275110","answer":"Thanks John, Great suggestion! We are planning to introduce partner calls in a few months and we are setting up a Package Partnership Program that will offer incentives to partners who take an active role in developing, marketing, testing and investing in our products and company. Regarding return on investment, Package, Inc. is building a portfolio of products and companies offering multiple returns for our investors.","author_name":"Bryan Davis","votes":1,"created_at":"2024-01-31T03:06:08Z"}]},{"id":274918,"entity_id":"wefunder:comment:274918","question":"Does the company have any patents or patent pending's for its product?","author_name":"Binyamin Bodner","votes":0,"created_at":"2024-01-28T18:25:06Z","canonical_url":"https://wefunder.com/package.inc#question-274918","answers":[{"id":274920,"entity_id":"wefunder:comment:274920","answer":"Thanks Binyamin, Yes, we have 1 issued utility patent, 6 pending domestic and international patents and over 25 patents in preparation covering our product portfolio.","author_name":"Bryan Davis","votes":0,"created_at":"2024-01-28T18:51:59Z"}]},{"id":274365,"entity_id":"wefunder:comment:274365","question":"thanks for response. \"production costs will vary based on product and model\", no kidding. do you have that info that you can share, one product or something? what are your margins etc. thanks for your time.","author_name":"John Webster","votes":0,"created_at":"2024-01-20T21:46:08Z","canonical_url":"https://wefunder.com/package.inc#question-274365","answers":[{"id":274470,"entity_id":"wefunder:comment:274470","answer":"John, Thank you for the follow up! The LuggageCam per-unit production costs are projected to range from about $63 for the $99 base SmartClip device to about $189 for the $299 high-end SmartClip Pro depending on networking, memory, security and other features and our per-unit profit margins are projected to range from about 18% to 27% not including monthly subscriptions and insurance revenue.","author_name":"Bryan Davis","votes":0,"created_at":"2024-01-22T17:19:58Z"}]},{"id":273334,"entity_id":"wefunder:comment:273334","question":"thanks","author_name":"Syran Mart","votes":0,"created_at":"2024-01-07T22:45:41Z","canonical_url":"https://wefunder.com/package.inc#question-273334","answers":[{"id":276680,"entity_id":"wefunder:comment:276680","answer":"Thank you Syran","author_name":"Bryan Davis","votes":0,"created_at":"2024-02-19T18:42:11Z"}]},{"id":272948,"entity_id":"wefunder:comment:272948","question":"good stuff, i travel every 3 weeks for leisure and i have connects this would be nice just had some questions. 1. pilot launch(how long) 2.testing and regulatory approval by tsa(how long) 3.revenue share program, is that a certain percent split or it varies depending on deal. 4. have you tested for people that travel a ton like me how many are constantly leasing one or more of the product. i am probably not going to get one everytime i travel. any loyalty thing or something. it could get expensive fast leasing one each time. 5. what is the cost to produce one. how many can you produce where ever you make product 6.vending machine and kiosk(how much to produce each etc, all cost associated with that)","author_name":"John Webster","votes":0,"created_at":"2024-01-03T00:48:41Z","canonical_url":"https://wefunder.com/package.inc#question-272948","answers":[{"id":272986,"entity_id":"wefunder:comment:272986","answer":"Thanks John! 1. We expect to launch our pilot in the next 18 months (Q2 2025) 2. 12-18 months. 3. Yes, revenue sharing will depend on the deal. 4. Yes, we are building a loyalty program and launching InvestCard, our custom credit card, investment and incentives platform. Members, Investors and select Customers will receive special discounts and rewards for purchasing and leasing Package, Inc. products and services. 5. The price of the LuggageCam products currently range from $99 to $399 and the production costs will vary based on product and model. 6. We are currently selecting a vending machine company to offer this service and pricing will be determined based on vendor.","author_name":"Bryan Davis","votes":0,"created_at":"2024-01-03T17:32:47Z"}]},{"id":272838,"entity_id":"wefunder:comment:272838","question":"Hello, very interesting concept! Two quick questions around the smartTag: 1) How durable is/will it be. It looks like a lot of scratched, cracked, and broken screens/devices going around an airport conveyor belt? 2) Is the Digital Luggage Tag meant to replace the traditional bag check process? Can a user \"Check-in\" online 24 hours before a flight and get a digital bag tag along with boarding pass, avoiding bag check lines, and saving time and money for passengers and airlines? Ie. Just drop bags at check-in and go to TSA? Thank You!","author_name":"Conrad Langenegger","votes":0,"created_at":"2023-12-30T13:10:24Z","canonical_url":"https://wefunder.com/package.inc#question-272838","answers":[{"id":272844,"entity_id":"wefunder:comment:272844","answer":"Thanks Conrad! 1) Very durable. We are developing the SmartTag with a flexible display and robust outer casing that is replaceable when scratched or damaged. 2) Yes! And in addition to expediting the check-in process, SmartTag will offer real-time on luggage alerts such as flight status, gate changes, baggage handling instructions and more to prevent mishandled luggage and support airlines in ensuring your luggage arrives at the correct destination and into the right hands.","author_name":"Bryan Davis","votes":0,"created_at":"2023-12-30T18:28:33Z"}]},{"id":272821,"entity_id":"wefunder:comment:272821","question":"Are there processes or mechanisms to turn off tracking when not in use/not traveling?","author_name":"Tameka Rushing","votes":0,"created_at":"2023-12-29T19:13:45Z","canonical_url":"https://wefunder.com/package.inc#question-272821","answers":[{"id":272822,"entity_id":"wefunder:comment:272822","answer":"Yes! Thanks Tameka","author_name":"Bryan Davis","votes":1,"created_at":"2023-12-29T19:23:31Z"}]},{"id":272793,"entity_id":"wefunder:comment:272793","question":"Where can I find more technical details regarding the technology that is being used, and the actual measurements of what each device would look like? Thanks","author_name":"William Gangi","votes":0,"created_at":"2023-12-29T03:33:24Z","canonical_url":"https://wefunder.com/package.inc#question-272793","answers":[{"id":272813,"entity_id":"wefunder:comment:272813","answer":"William, Thank you for your interest! We are currently building multiple models of the SmartClip, SmartTag and SmartLock product lines and we have not published the measurements as they are likely to change during our pilot testing phase. Please visit our website www.package.inc for additional information on our products and services.","author_name":"Bryan Davis","votes":0,"created_at":"2023-12-29T17:16:12Z"}]},{"id":272786,"entity_id":"wefunder:comment:272786","question":"Hello Bryan, This is a great idea. As I was coming back from Puerto Rico staff stole from my luggage, I was so angry. I'd buy this item. How much are you going to sell this for?","author_name":"Mario M Teel Jr.","votes":0,"created_at":"2023-12-28T22:51:02Z","canonical_url":"https://wefunder.com/package.inc#question-272786","answers":[{"id":272787,"entity_id":"wefunder:comment:272787","answer":"Hello Mario, Thank you! Yes, we are working to solve this problem industry wide. Our SmartClip, SmartTag and SmartLock products will range from $99 to $399 based on model, features and services.","author_name":"Bryan Davis","votes":1,"created_at":"2023-12-28T23:10:48Z"}]},{"id":272266,"entity_id":"wefunder:comment:272266","question":"what is your website?","author_name":"Salvador Morales","votes":0,"created_at":"2023-12-21T02:39:07Z","canonical_url":"https://wefunder.com/package.inc#question-272266","answers":[{"id":272267,"entity_id":"wefunder:comment:272267","answer":"https://package.inc/","author_name":"Bryan Davis","votes":0,"created_at":"2023-12-21T02:41:32Z"},{"id":272268,"entity_id":"wefunder:comment:272268","answer":"Thanks Salvador","author_name":"Bryan Davis","votes":0,"created_at":"2023-12-21T02:42:23Z"}]}],"faq":[{"question":"what is your website?","answer":"https://package.inc/"},{"question":"I'm honestly trying to understand your model. You're a tech company developing tracking technology for personal luggage through a highly regulated airline international system, but after looking through your top team, I don't see much integration with your critical partners (y...","answer":"Jason, Thank you for your interest! Package, Inc. brought on Tusk Venture Partners as one of our lead investors because of their experience introducing disruptive products into highly regulated industries like the international airline and ride sharing industries. We are working with them to onboard a number of U.S. airlines and are in talks with two major airports regarding a pilot launch. Regarding the product design, all of the LuggageCam products are being developed to comply with FAA, TS..."},{"question":"Hello Bryan, This is a great idea. As I was coming back from Puerto Rico staff stole from my luggage, I was so angry. I'd buy this item. How much are you going to sell this for?","answer":"Hello Mario, Thank you! Yes, we are working to solve this problem industry wide. Our SmartClip, SmartTag and SmartLock products will range from $99 to $399 based on model, features and services."},{"question":"Where can I find more technical details regarding the technology that is being used, and the actual measurements of what each device would look like? Thanks","answer":"William, Thank you for your interest! We are currently building multiple models of the SmartClip, SmartTag and SmartLock product lines and we have not published the measurements as they are likely to change during our pilot testing phase. Please visit our website www.package.inc for additional information on our products and services."},{"question":"Are there processes or mechanisms to turn off tracking when not in use/not traveling?","answer":"Yes! Thanks Tameka"}]}}}