Congratulations! Great track record so far! Have a couple of questions: 1) Without divulging too much information, would you be able to let me know what the pending patent would be towards and how it will give you an edge over the competition in that vertical and what is at st...

Hi Viral, thanks for the kind words. Question 1: We have two pending patents: A) Poly-bonding - a method whereby we can take multiple 3D digital assets and easily combine them into one – similar to a snap-to-grid function. This allows us to easily (and in some cases-automated) combine pre-existing 3D digital assets into one. Think of architectural models – once you have a digital asset of a 3’x4’ window – it can be used over and over – never having to be 3D designed again. We have large libra...

Impressive company, great presentation. There seems to be a ton of potential here, and those two patents alone could make this investment worthwhile. I have three questions: 1. Can you provide information that compares your last two fiscal years - why the change in long term d...

Hi Alan, thanks for your questions. We too believe there is a ton of potential and we are starting to see validation of our strategy based on receiving larger deals and customers along with more “recurring” deals. Question 1 – Debt/Revenue/COGS Comparison: Our revenue didn’t actually decline from 2015 to 2016. In 2015, we received a $3.5M revenue grant from myself (CEO/founder) to fund the R&D costs associated with the medical models. We went through a family experience which strongly con...

1. What are your biggest expenses? 2. What is the average price per a service? 3. What is your average profit margin?

Hi Joel, thanks for your questions. Question 1 – Largest Monthly Expenses: Salaries is our largest expense ($132K), followed by depreciation ($55K), R&D ($34K-$55K), then rent ($26K). The company operating expenses in 2016 averaged $493K/month on average. In Q1 2017, the company reduced headcount and other expenses reducing our total expenses by approximately $165K/month. Our new average monthly expense is $328K. Question 2 – Average Price: Prices vary widely depending on the project and/...

1st of all congratulation on creating such business. the number looks promising and i believe that few years down the road things will look great. My 2 questions are: 1) are you positioning your company with the likes of ExOne, Stratasys and 3D Systems ? if not then what are t...

Question 1 – Company positioning: We don’t matchup perfectly with any of the public comp benchmarks, but our business is similar to the service side of Protolabs, Stratasys, 3D Systems , ExOne, iMaterialise, and some of the acquisitions they have made – Solid Concepts, Gentle Giant, Redeye, Harvest Technologies, etc. While they focus on 3D printing of prototypes, we focus on 3D printing of end-use products. Question 2 – Offering %: With the maximum limit under the SEC Reg CF, we would be offe...

I am very excited about investing in WhiteClouds. I do have couple of questions before I can go that way. 1) Do you have some projections with respect to sales/revenues for the next 3-5 years and can you please share them. 2) Are you also doing Metal printing for businesses? I...

Hi Siddharth, I appreciate you submitting your questions. Question 1 – Revenue projections: This is always the toughest question, especially at the size of our company. Our projection for 2017 is $9M, but this is dependent on a number of deals closing based on potential customers making an investment in their product lines. As per our projection graph above, we think 2017 could fluctuate + or - $4M this year – giving us a range of $5M to $13M this year. For 2018, we believe we can achieve 100...

WhiteClouds

THE FUTURE OF 3D PRINTING - BIGGER, BETTER, CHEAPER & FASTER.

whiteclouds.com

Ogden, UT

Technology B2B Retail B2C

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LEAD INVESTOR

Invested $170,000 this round + $1,000,000 previously

ConnectedVC has made investments in over 20 companies, one of which is WhiteClouds. We have been working with WhiteClouds and their management team for the last 5 years and give them our full support. We like their business strategy and their management team. The company is in their next phase of growth, has developed an impressive list of Fortune 1000 clients, strong web presence, innovative products and business model and we are excited about their future.

(We are "purchasing" $170K, where $160K of the purchase is funded by conversion of our old investment/debt into the SAFE note).

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