Package, Inc.



Package, Inc. is at the forefront of developing an interconnected product ecosystem that revolutionizes the way we live, work, play and travel.  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. 
• 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 DEVELOPMENT

Focuses on refining the firmware and hardware, creating manufacturing specs, and launching test pilots with airlines and bike companies.

PHASE 2 - INITIAL PRODUCTS

Launch our initial product offerings LuggageCam and BikeCam with both D2C sales and leasing options with airline and bike companies.

PHASE 3 - NEW PRODUCTS

We will see the launch of additional product lines further solidifying our position as a worldwide leader in asset tracking, safety and security

In 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.