Startup Mobile Safe Case close first round of funding
Startup Mobile Safe Case, a device or case that allows you to lock up your personal items via smartphone, announced today the closing of their first round of funding of $175,000 from an undisclosed Arizona-based hedge fund.
CEO Justin Zastrow tells AZTB that the money will “…allow us to source and deliver our to-go-market product for mass production.”
The company recently entered into a multi-million dollar licensing deal with Dan Kozoil, co-founder of LifeProof (sold to Otterbox) and Zastrow said that with the money it will help the team complete the technology and manufacturing preparation to deliver Mobile Safe Case to Kozoil.
Zastrow shared that the company’s initial target market will be to appeal to consumers wanting the cellphone and tablet size cases. As for additional markets and funding, Zastrow said “We’re actively looking for new licensees in different vertical markets…such as the luggage or medical market-really anything else and wherever we see the product useful.” As for funding he said, “…if we want to go into other markets, we’ll raise money for that purpose.”
During our initial conversations, there was a purse module they flirted with, Zastrow shared that the company will be looking at higher-end brands like Louis Vuitton and Coach for next generation models…I’m listening.
From here, it’s about finishing it up and then it’s go time.
COO Ira Hayes comments, “We appreciate all the support from the AZ startup community and we want to be a beacon of excellence.”