Consumer Services Company

Halen Technology

50%

Funding Goal $2,500,000
Funding Raised So Far $160,105
Funding Commitments $1,100,000
Funding Remaining $1,239,895
Funding Type Equity
Pre-Money Valuation
Investor Ownership
Interest / Dividend
Previous Funding

Company Overview


Halen is a “Super-App” anchored by a franchise business model. Merging multiple services into one-stop-shop app.

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Business Summary


Company Age 3 years, 3 months
Employees 5
Sub-Industry Personal Services
Prior Year Revenue
Current Year Revenue
Next Year Revenue

Products/Services


Rideshare

Halen app will offer rideshare; The global ride sharing market is projected to grow from $84.30 billion in 2021 to $242.73 billion in 2028 at a CAGR of 16.3% in forecast period, 2021-2028.

Ridesharing is an eco-friendly way of commuting. Sharing your car with other people reduces emissions and contributes to preventing traffic jams.

Numerous advantages of ride sharing services are easy booking options, low carbon footprints, affordable door-to-door ride services and no parking trouble. Decreasing demand of public transportation to avoid the risk of infection post Covid-19 pandemic is further promoting the growth of select ride sharing services.

Grocery Delivery

Halen app will offer grocery delivery; Statistic highlights online grocery shopping sales in the United States from 2019 through 2024. The U.S. online grocery market was estimated to generate sales worth of about 95.8 billion U.S. dollars in 2020, with sales forecast to reach 187.7 billion U.S. dollars by 2024.

The last-mile delivery industry for food and grocery is poised to grow as the shift from brick-and-mortar outlets to online retail continues. Last-mile delivery is no longer just about transporting products from the warehouse to the consumers but about fulfilling customer demand and experience. Customer behavior and expectations have changed in the last few years, challenging the way last-mile delivery operators operate. Operators are focusing on creating long-lasting, engaging relationships with customers and addressing their nuanced demands, such as contactless deliveries and curbside pickup.

Food Delivery

Halen app will offer food delivery; The next service to go mobile and door to door. Having a ready-made meal magically appear with a smile is always a good thing.

The market size of the global online food delivery sector was estimated at 130.2 billion U.S. dollars in 2022. This figure was expected to grow to 223.7 billion U.S. dollars by 2027. The market was expected to have grown at a CAGR of 11.44 percent over the period considered.

Retail Delivery

Halen app will offer retail delivery; Not having to make battle plans to get your dry cleaning, medication, and that gorgeous new pair of shoes can be a lifesaver.

JAN. 13, 2022 — Retail online sales had $888.5 billion in sales in 2020, up 35.2% from 2019. This was the largest year-to-year increase of any industry in 2020.

Not counting the top three retail companies of the world, namely Walmart, Amazon, and Costco. In 2021, the total retail market of the United States reached a revenue of over 6.5 trillion U.S. dollars.

Vacation Rental

Halen app will offer vacation rental bookings; The Vacation Rentals segment comprises of private accommodation bookings. This includes private holiday homes and houses e.g. short-term rental of private rooms or flats

Revenue in the Vacation Rentals segment is projected to reach US$17.66bn in 2022.

Revenue is expected to show an annual growth rate (CAGR 2022-2026) of 3.62%, resulting in a projected market volume of US$20.36bn by 2026.

In the Vacation Rentals segment, the number of users is expected to amount to 62.9m users by 2026.

User penetration is 17.2% in 2022 and is expected to hit 18.2% by 2026. The average revenue per user (ARPU) is expected to amount to US$305.80.

In the Vacation Rentals segment, 80% of total revenue will be generated through online sales by 2026.

In global comparison, most revenue will be generated in the United States (US$17,660.00m in 2022).

Flight Booking

Halen app will offer flight booking; If you need to get here, there, or anywhere, right now, you can book a flight quicker than you can say, “roundtrip to Hawaii”.

According to the latest research study, the demand of global Online Travel Booking Market size & share was valued at around USD 782 Million in 2020 and is anticipated to reach around USD 2000 Million by 2028, at a compound annual growth rate (CAGR) of about 12.2% during the forecast period 2021 to 2028.

Management


Edward Mbeche
Chief Executive Officer
Edward Mbeche

Edward Mbeche is a serial entrepreneur and currently the Founder and CEO of Halen Technology, a user-friendly “Super-App” anchored by a franchise business model. The application empowers users to combine rideshare, vacation rental, flight booking, grocery, restaurant, and retail mobile delivery services into a one-stop-shop app.

Prior to Halen, Edward spent 15+ years as the Founder/Owner of DC Private Cars, a black car and limousines service provider based out of Washington D.C. Providing services to Heads-of-State, Congressmen, Senators, Foreign Government officials, Corporate Heads, Entertainment VIPs, and thousands of others.

As a public speaker and a traveling stand-up comedian, Edward has worked with several household names such as Dave Chappelle, Chris Rock, Jamie Foxx, The late Ralphie May, and Jim Gaffigan, just to name a few.

He's a resourceful business leader and a visionary entrepreneur with ability to identify future business opportunities by looking at the present trend

Ivana Gargiulo
Senior Advisor
Ivana Gargiulo

Analytical and engaging HR executive with 15+ years’ experience furthering corporate goals, missions, and values in start-up and high-growth environments serving commercial and governmental clients in the financial, professional, and cyber-security industries. Trusted advisor to c-suite executives and leadership in establishing and administering regulatory compliant, strategic initiatives driving key culture, organizational, and employee program changes to support ongoing growth.

Chandra Gundlapalli
Chief Information Technology
Chandra Gundlapalli

A dedicated, passionate senior technology executive backed by 20 years of proven digital transformation expertise and building trusted partnerships with corporate-level executives, Mr. Gundlapalli excels as global vice president at Unisys, where he heads $400 million global applications services.

With a plethora of knowledge at his disposal, he also serves as an official member and writer for Forbes Technology Council and as a member of the governing and advisory body at Elevate Events. By scaling Agile lean business culture, he has turned around the most admired Fortune 500 companies in six months and landed multi-year deals at major notable global Public Sector, Commercial, and Financial Services companies.

Rich Shuman
Senior Advisor
Rich Shuman

Operating visionary, integrator and change agent delivering advance solutions, executional excellence, and results thru market understanding, new revenue streams, innovative organization design, strong team dynamics and a servant leader style that engages performance.

A Fortune 200 FMCG executive, COO and President of Medical Device company, VP of Strategy, Consultant and Corporate Board Director known for advising owners and teams thru change needed for growth within brand centric consumer, medical device, and health service companies.

Roger Flynn
Senior Advisor
Roger Flynn

With over 25 years of experience in franchise development, Roger has an extensive knowledge base as a franchise consultant. His expertise in franchise development ensures that the expansion packages he delivers to business owners is concise.

Kimberly Decker
Senior Advisor
Kimberly Decker

A well-rounded business lawyer representing private and public companies in all aspects of business, often acting as "general counsel" to clients who do not have in house legal staff. Her clients are middle market public and privately held companies as well as non-profit institutions who look to her for guidance and help with a wide variety of matters, including risk management, mergers and acquisitions, contract review, negotiation, and interpretation (supply relationships, employment, licensing, leasing, etc.), negotiations, regulatory compliance, capital raising, securities compliance, development of best practices, corporate governance and corporate restructuring. She also has a deep background in representing banks and public companies with securities, corporate, regulatory and mergers and acquisitions matters.

Kennedy Ross
Chief Operations
Kennedy Ross

Kennedy has over ten years of experience developing content for various companies and organizations, including tech-storage, music promotion, online magazines, and publications.
Ability to come up with creative ideas. Strong leadership and management skills. Ability to solve problems swiftly.

Lawrence Kostiw
Senior Advisor
Lawrence Kostiw

Lawrence has several years of corporate finance and FP&A experience in various industries including oil and gas and entertainment services. Along with his investment banking background, he mentors startups and is a board member of a nonprofit.

Anthony Rhem
Senior Advisor
Anthony Rhem

Tony is a recognized thought leader in AI, KM, Big Data, Information Architecture, and Innovation. Since 1990 has served as CEO/Principal Consultant of A.J. Rhem & Associates (AJRA). AJRA is a consulting, training & research firm focusing on knowledge management, AI and system integration with offices located in Chicago IL, and Charlotte NC. As a consultant, strategist, and advisor, He has worked with U.S. fortune 500 corporations, in retail, communications, financial, insurance, legal, logistics, education, healthcare, as well as US Federal, State, and local government, and the military.

James Arnold Jr.
Senior Advisor
James Arnold Jr.

Diversely skilled, award-winning executive leader with 15+ years of broad experience providing legal oversight and strategic leadership for organizations ranging from non-profit start-ups to multi-billion-dollar global enterprises. Exceptional communicator with talent for team building and providing creative resolutions to disputes as well as strategic business advice to senior leaders and c-suite executives. Expertise in corporate transactions, intellectual property, compliance, corporate governance, and litigation management. Bold, innovative, and transformational in my approach to offering practical and trusted legal advice

Investors/Lenders


Individual Investor
Amara Papus

Amara is a businessman and investor with extensive experience in the hospitality industry. He owns four events venue.

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Individual Investor
Mahesh Vinayagam

Mahesh is an entrepreneur, Robotic Process Automation / RPA evangelist, Business development expert, Technology Delivery Leader, Start up & Scale up specialist with over two decades of experience of assisting Fortune 100 clients within the Financial Services and Travel industry reach their goals using range of technology solutions.

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Individual Investor
Quiddity Infotech

Quiddity Infotech leaves no stone unturned when it comes to helping businesses reach their full potential. We digitally transform enterprises - SMEs, startups, agencies, mid and large-sized enterprises inside out.

We are very happy to invest into Halen Technology and their groundbreaking Super App. Halen's vision is to revolutionize the mobile delivery service here in the U.S. They will have six separate services (4 mobile delivery and two additional) all in one user-friendly app.

They are extremely focused on customer satisfaction as well as driver security. To this end, their franchise business model will take the mobile delivery experience to the next level. Their goal of community enrichment will be second to none in the industry. We are very much looking forward to being on this journey with them. And can see nothing but prosperity and good fortune for everyone involved on both sides of the app.

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Individual Investor
Charles Howell

Halen truly is on the cutting edge in so many ways. Aggregating all ride share, food delivery, etc. in a single super app, while operating with a unique franchise model is very impressive. I look forward to the journey!

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Individual Investor
Anthony Rhem

A recognized thought leader in AI, KM, Big Data, Information Architecture and Innovation. Worked with U.S. fortune 500 corporations, financial, insurance, education, healthcare, as well as US Federal, State and local government, and the military.

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