Digital Dream Labs, Inc.

Pittsburgh, PA 15215, US
Computer & Control Systems, Robotics
www.digitaldreamlabs.com

Digital Dream Labs (DDL) is a consumer electronics company which develops patented, industry-leading personal robots and hands-on STEM education video games. DDL makes learning 21st century skills fun while reducing educational inequities in schools.

DDL's products satisfy the need for engaging, language and system-agnostic solutions that allow children of all ages to have fun while learning 21st century skills (communication, collaboration, creativity and computational thinking). With an experienced team and an exciting product roadmap that has the potential for 60%+ revenue growth, DDL is poised to capture its sector of the $4 trillion worldwide education market.

Whether it’s an educational toy robot like Cozmo or an interactive video game for Puzzlets, these engaging products are fun first and make learning incidental. By playing with these products, students are learning more and building confidence in their STEM / STEAM (science, technology, engineering, arts and mathematics) skills, making them happier and more engaged students.

In preliminary classroom studies, students using DDL’s hands-on learning solutions showed a 10-25% gain in logic and sequencing skills after only 8 weeks. More importantly, the studies showed that this tactile intervention helped to reduce the achievement gap with at-risk students thriving alongside their classmates.

The educational technology (Edtech) market is projected to grow 16% YoY for the next three years and beyond, and startups and crowd-funded projects are rushing to enter the space, promising revolutionary new learning technologies that are nevertheless unlikely to deliver due to unforeseen distribution and other constraints. With 8,000+ school districts in the United States and millions of families using their products around the world, DDL’s tested manufacturing and development capabilities have already established significant barriers to entry for its competitors.

With the continued growth of the Edtech / smart classroom market and further expansion of the business's consumer sales, DDL is expecting to achieve YoY revenue in excess of $100 million by 2023. Join DDL in its mission to spark curiosity in STEM topics through their innovative, hands-on technology.

General Information

 
 
 
 
 
 

Social Links

Company Industry

Select Industry:

Company Description

0 / 250
 
0 / 2000
 

Summary

Prior Year Revenue Current Year Revenue Next Year Revenue
Company Age Employees Sub-Industry
9 years, 1 month 25 Robotics

Company Financials

Viewable by EquityNet investors only

Company Age & Size

 
 

Products / Services

0 / 1000
Cozmo - Educational Toy Robot

Cozmo is a an educational toy robot that teaches children aged 8-14 coding through the power of play.

Powered by cutting-edge technology and an unparalleled personality, Cozmo is the ultimate robot for kids to play and learn with. A real-life robot buddy, Cozmo can play games of speed and skill, with 30+ mini-games. Using Code Lab, a complimentary app, children can explore, organize and express their creativity by programming their Cozmo robot.

Vector - Advanced AI / Companion Robot

Designed for technology enthusiasts, Vector is an interactive companion robot made to hang out and help out.

Powered by AI (artificial intelligence) and advanced robotics, Vector is alive with personality and can engage with his surroundings by sight, sound and touch. This personal robot responds to voice commands and can be integrated with Amazon Alexa for a variety of advanced functions. Vector is also compatible with Digital Dream Labs' Open Source Kit for Robots (OSKR). OSKR allows hardcore hobbyists or professional developers to modify the robot's source code to adjust its behaviors, animations and much more.

InfiniDrive - Advanced Slot Car Racing Game

InfiniDrive (formerly Overdrive) is a slot car style racing game take remote control racing to the next level with robotic cars that are controlled by the players' smart phone / tablet.

This popular toy combines a video game interface with self-aware race cars that are driven by artificial inteligence (AI) - ensuring hours of interactive gameplay. Setup is easy and the magnetic track pieces allow for limitless combinations. Infinidrive is easy to pick up and nearly impossible to put down.

Puzzlets - Hands-on Educational Video Games

Puzzlets is proprietary video game platform that integrates with most bluetooth-ready computers / tablets to introduce K-2 students to STEM / STEAM topics, including: coding, math and color theory.

Each game includes a themed set of physical Puzzlets tiles that can be arranged on the Play Tray to relay commands to an accompanying video game. Puzzlets combines hands-on play with interactive gaming to form one seamless experience, engaging the mind and teaching players new ways of thinking about STEM / STEAM topics.

Management

0 / 1000
Chief Executive Officer
Harry Jacob Hanchar

Harry Jacob HancharPh.D. UCLA, MBA CMU, founder, investor, and largest shareholder.
Jacob is CEO of Digital Dream Labs. He serves as adviser and investor to many start-up companies in Western PA. Jacob received his Ph.D. in 2007 from UCLA, where he focused on research in neurological sciences.

Chief Software Engineer
Grant Olson

Grant OlsonSoftware developer with well over a decade of experience. Works primarily in high-level languages like ruby or python, but am comfortable writing C for speeding up those inner loops or patching existing software. Working on the production of Cozmo and Vector and creating next generation tools to take them to new levels.

Chief Technology/Technologist
Thomas Schubert

Thomas SchubertExperienced Senior Electronic Engineer with a demonstrated history of working in the mechanical and industrial engineering industry. Skilled in Electronic Engineering, Software Development, Printed Circuit Board (PCB) Design, Product Development, Entrepreneurship and thinking outside the box. Strong engineering professional with a Bachelor's degree focused in Electrical and Electronics Engineering from Latrobe University.

Investors / Lenders

Add investors/lenders that are already on EquityNet by typing their name and then selecting them from the drop-down.
Add investors/lenders that are not yet on EquityNet by typing their name, selecting "Add a New Investor", and filling in additional information.

Individual Investor
Judd Hollas

Seasoned angel investor interested in exploring startups and mature companies in all industry sectors. I have founded and successfully exited several web-based companies and my background spans engineering, entrepreneurship, finance, fintech, and private equity.

Note: I prefer to review company prospects through EquityNet's business plan and analysis software, so complete and share that if you want serious consideration.

Funding

100%

Funding Goal$1,000,000

Funding Raised So Far$1,000,000

Funding Commitments$0

Funding Remaining$0

Funding TypeConvertible Debt

Pre-Money Valuation

Investor Ownership

Interest / Dividend

Previous Funding

General Funding

 
 
 
   

Showing your General Funding information publicly may constitute general solicitation. General solicitation is a new commonly-used way for companies to raise funding. To learn about general solicitation, consult your legal counsel. If you uncheck this box, your General Funding information will be viewable to only EquityNet investors.

Private Funding

Viewable by EquityNet investors only

Video

Digital Dream Labs, Inc. Image 1
Digital Dream Labs, Inc. Image 2
Digital Dream Labs, Inc. Image 3
Digital Dream Labs, Inc. Image 4

Images

Documents

Complete a Business Plan in EquityNet

Your EquityNet business plan is only viewable to capital providers and business supporters that you choose to share with in the “Crowdfund” or “Messages” tab. Investors prefer an EquityNet business plan. Entering a plan is highly educational and improves your appeal to investors.

Upload Documents

Document file names will be viewable by EquityNet investors and business supporters only. Actual documents are only viewable to capital providers and business supporters that you choose to share with in the “Crowdfund” or “Messages” tab.

Share Your Public Profile Page

Users who follow all these tips increase their fundraising odds substantially.

  • Email your public page to all your LinkedIn contacts.
    • Post your page to your LinkedIn profile page.
  • Email your public page to all your Facebook contacts.
    • Post your page to your Facebook profile page.
  • Email your public page to all your Twitter contacts.
    • Post your page to your Twitter profile page.
  • Put your public page up on your website.
    • Don't have a website yet? Use this page as your site!
  • Share your page link anywhere there's a listing for your company.
    • Press Releases, Crunchbase, Wikipedia, Blogs, etc...
  • Email your public page to all your email contacts.
    • Use Outlook, Gmail, Yahoo Mail, Hotmail, etc...

Your Public Profile Page:

Would you like to share your public profile page with your email contacts?