Company Profile (AI Text) Name: Participant Assistive Products Canonical URL: https://wefunder.com/participant.assistive.products Updated at: 2026-06-04T05:02:09Z Tagline: Wheelchairs for kids across the world. A feel good investment offering 1.5 X on a loan. Key claims: - Total raised on Wefunder: 211362 | citation: https://wefunder.com/participant.assistive.products#claim-total-raised - Total investors: 176 | citation: https://wefunder.com/participant.assistive.products#claim-total-investors Verified facts: - Total raised on Wefunder: 211362 | observed_at: 2026-06-04T05:02:09Z | expires_at: 2026-06-05T05:02:09Z - Total investors: 176 | observed_at: 2026-06-04T05:02:09Z | expires_at: 2026-06-05T05:02:09Z Computed metrics: - total_amount_raised: 211362 - total_investors: 176 - team_size: 5 - featured_investor_count: 0 - faq_count: 5 - recent_post_count: 10 Quick facts: - Delighted customers - Letters of Intent to buy 2,500 wheelchairs/year, $750,000 revenue. | citation: https://wefunder.com/participant.assistive.products#claim-fact-1 - Price advantage - our price $800 vs USA market price $2,300. And, our product is better. | citation: https://wefunder.com/participant.assistive.products#claim-fact-2 - Strategic manufacturing partnership - with Nissin Japan, the second largest wheelchair company in Japan | citation: https://wefunder.com/participant.assistive.products#claim-fact-3 - Product1 fills a gap - in the market and there are few competitors in this middle-market niche | citation: https://wefunder.com/participant.assistive.products#claim-fact-4 - Field trials demonstrate effectiveness - two complete and 17 booked | citation: https://wefunder.com/participant.assistive.products#claim-fact-5 - Strong team - 150 designs, 2 successful exits, and 100 yrs. of experience | citation: https://wefunder.com/participant.assistive.products#claim-fact-6 - A lasting company - our intent is a solution on the scale of the need that stays on track, guided by our Benefit Corporation status | citation: https://wefunder.com/participant.assistive.products#claim-fact-7 - Three successful crowdfunding campaigns and $224,000 raised from other investors | citation: https://wefunder.com/participant.assistive.products#claim-fact-8 FAQ: - Q: What is the maximum amount I can invest in Participant on the WeFunder platform? A: Just start the checkout process. For investors who state a high amount,  a couple screening questions will pop up. These are Left <--> Right sliders for Net Worth and Annual Income. From that data, you'll see your limit. - Q: Hi, I'm in, and may go bigger. Definitely a win-win type of investment. Quick questions: 1. At both minimum and maximum raise levels, what will be your runway? 2. How much does it cost to produce a chair right now, and how many chairs will you need to produce and sell per year... A: Thanks. Great questions!1. A minimum our runway is 12 months assuming worst case scenario as far as costs and revenue, with months of delays to market. The maximum would be at least 12 months beyond that, launch of several other products, and the next raise would likely be an equity A round.2. Today we're making expensive prototypes and with @AutotivMFG support (most recent partner) prototype cost is down to $5000. Mass production units will be around $220. With our tiered pricing, contributi... - Q: Thanks Keoke, that all sounds good to me, and I appreciate your transparency. Excellent that you have that partnership with NIssin - looking online it seems as though they have a good reputation and highly rated products. Quick follow-up: Is that dramatic decrease in manufactu... A: We are happy to be transparent. You deserve to know what you are getting into.Yes, Nissin has been a leader in the Japan market for decades. We are delighted with the partnership.The cost difference comes from standardization and high volume production. And, to an extent all competitors can benefit from this; versus the lower volumes and higher costs from yearly model changes. The key issue is that the big competitors (Sunrise, Invacare, Ottobock) set their prices at what Medicare w... - Q: Dear sir, when is the last day to invest? A: End date is January 24.  Let me know if you have other questions. I'm happy to do a call. - Q: What is your Total Addressable Market? Do you have patents for your wheelchair ? What other products are you considering? Based on your burn rate how long can you reasonably operate? A: Thanks for the excellent questions.We have patent pending status on Product1 and are preparing the non-provisional now.We need a full product line of 7 more wheelchairs, which means wheelchairs for adults with spinal cord injuries, elderly people, very active children (for example with Spina Biffida), all terrain wheelchairs, and several sports wheelchairs. Also, we have pressure relief cushions and some innovative walking aids. These products can be available in the next 4 years and mor... Recent posts: - Major Award from Zero Project!! (2025-12-05T19:51:40Z) https://wefunder.com/feed/227828 - EU Sales Breakthrough (2025-10-22T22:14:09Z) https://wefunder.com/feed/209841 - November 2024 Update (2024-11-08T22:09:58Z) https://wefunder.com/feed/177328 - SAFE note offer, Successful Clinical Trial, SAFE Note, Clinical Trial, Big New Customers (2023-09-04T22:10:59Z) https://wefunder.com/feed/166888 - May '23 sales update ... Repayments! (2023-05-10T17:57:01Z) https://wefunder.com/feed/163734 - Great Reviews from 3 Brilliant Trade Shows (2022-10-28T19:40:46Z) https://wefunder.com/feed/159070 - June 2022 Update (2022-06-02T23:33:02Z) https://wefunder.com/feed/150471 - We are shipping wheelchairs! (2021-11-16T23:04:47Z) https://wefunder.com/feed/150466 - We're Back! (2021-06-30T00:52:12Z) https://wefunder.com/feed/146328 - 2020 Q4 Update (2021-03-03T01:21:31Z) https://wefunder.com/feed/142408