Consumer Services Company

Power Tee

42%

Funding Goal $12,500,000
Funding Raised So Far $150,000
Funding Commitments $5,050,000
Funding Remaining $7,300,000
Funding Type Common Equity
Pre-Money Valuation
Investor Ownership
Interest / Dividend
Previous Funding

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.

lock icon

Invest in Company

Sign up or log in now to unlock profile details and access financials, company documents, and invest in companies.

Investor Sign Up
Investor Log In

Business Summary

Company Age
Employees
Sub-Industry
Prior Year Revenue
Current Year Revenue
Next Year Revenue

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

Management

Chief Executive Officer
Martin W......

Martin is the founder of Golf-Tech Inc. and Golf Tech UK Ltd. Martin designed and engineered the Power Tee and built it into the dominant golf auto-teeing company in the U.K. Power Tee is found in approximately 80% of commercial driving ranges in the U.K. including St. Andrews, The Belfrey and Wentworth. Power Tee has an almost 90% renewal rate on their leases due to the golfers love of hitting on Power Tee and the increase in revenue for driving ranges.

Martin is a multi-award winning engineer who specializes in high quality innovative design work. Martin has worked for Mattel, Renault, Proctor Silex, Guinness and a host of other blue chip companies. Martin received the UK’s highest business award when invited to Buckingham Palace to receive the Queen's Award for Innovation and has also received a design award from billionaire James Dyson, the founder of Dyson Vacuum cleaners.

Chief Operating Officer
Clare D......

Trained with Ernst & Young in Audit. Several years in Industry with; Peak Technologies (UK) Limited – European Headquarters of US owned barcoding solution company Burmah Castrol/Castrol Oil – Worldwide Headquarters of Multinational Oil company. Joint founder of Golf-Tech Limited in 1996 - helped turn an idea into a world leading golf practice aid installed in over 80% of UK’s commercial golf ranges and some of the most prestigious golf destinations in Europe. Joint Founder of Golf-Tech Inc – brought Power Tee to USA. Set up and grew business despite recession and COVID to be the leading standalone automatic golf tee in USA

Chief Financial Officer
Bill F......

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 has acted as arranger/co-arranger on over $40B in syndicated M&A financings. Friday has founded several companies and provided consulting for over 20 early-stage companies in multiple industries. MBA and Chartered Financial Analyst ().

Managing Director Sales
Doug B......

After a successful career with 2 Fortune 100 Companies; Doug launched a computer training company. The Company went from 0 students to training more than 300,000 in 8 states and 11 cities. Doug sold the company and for the next 23 years, he produced and successfully delivered thousands of on-site and public sales seminars in 48 states and 4 countries. The majority of Fortune 1000 Companies have attended one or more of Doug’s programs. Doug, launched Contract Sales Manager helping small and medium size companies improve sales performance through better sales management. He has worked with hundreds of sales teams throughout North America and parts of Europe. In addition to numerous radio and television appearances; He has been quoted in The Wall Street Journal, Smart Money Magazine, U.S News and World Report, The Washington Post and LifeStyles Magazine. Doug officially joined the Power Tee team in May of 2024 to build, develop and train the Power Tee National Sales Force.

42%

Funding Goal $12,500,000
Funding Raised So Far $150,000
Funding Commitments $5,050,000
Funding Remaining $7,300,000
Funding Type Common Equity
Pre-Money Valuation
Investor Ownership
Interest / Dividend
Previous Funding

Documents

Contact

Power Tee

Jacksonville, FL 32256, US

Top 10 Tips for Entrepreneurs Seeking Funding

Users who follow these tips increase their fundraising odds substantially.

  • Complete Your Funding Profile
    • Complete your funding profile with all sections filled, including your products and services, a complete management team with headshots, and slideshow with product images.
  • Complete a Business Plan (Optional)
    • Complete a Business Plan in EquityNet and refine your financial projections using the benchmarking alerts in the Business Plan Analysis report.
  • Upload Important Investment Documents
    • Upload and present any other important investment documents such as pitch decks, financial statements, and offering materials.
  • Use EquityNet Crowdcast
    • Use the EquityNet Crowdcast system to automatically email invitations to your contacts in order to build additional exposure for your company.
  • Construct Concise Introductory Messages
    • Construct and send a concise introductory message to investors, including primary reasons why they should want to invest such as KPIs, expected returns, and forecasted revenue.
  • Be Proactive in Messaging Investors
    • Be proactive in messaging many investors and include a simple way for them to connect with you for a web meeting or call, such as a Calendly link.
  • Use the Activity System
    • Use the Activity system to track interested investors, and send prompt follow-up messages to investors who viewed your profile or showed interest.
  • Prepare for Due Diligence
    • Prepare for due diligence questions by interested investors and use your Business Plan and investment documents to satisfy such requests.
  • Keep Your Funding Profile Updated
    • Keep your funding profile updated with new funding raised/committed and message interested investors with any new milestones achieved.
  • Do Not Respond to Unknown Investors
    • Do not respond to or engage any parties outside of EquityNet that are not listed as approved investors (this may happen due to your public profile and LinkedIn connections).