If you’re a pet owner, you’re all too familiar with the ordeal caused by needing to give your pup access to go out to the bathroom while you’re away.
Sure you can do a traditional doggy door, but that means either putting a big old hole in your door or dealing with an eye sore of a sliding glass door insert.
Wayzn is a company that looked at this problem and decided that there had to be a better… smarter way.
Wayzn’s innovative insert instantly turns any sliding glass door into a “smart” door that can be opened and shut by either motion activation, voice command, or app control.
Moreover, it creates an added layer of security not offered by traditional doggy door set ups.
The Future of Wayzn
With three potential revenue streams (product sales, service subscriptions, and tech licensing) woven into their business model, Wayzn has the goal of reaching $77M in revenue by 2024.
What Interested Investors Need to Know
Three things that investors should take note of:
- Award winning: Wayzn has won 7 awards, including CTA 2020 Smart Home Mark of Excellence Award.
- Momentum: with over 3k+ orders to date, Wayzn is seeing interest swell.
- Multi-prong business model: Once product sales have gained significant traction, Wayzn plans to expand their revenue streams to offering a subscription level service as well as licensing their technology.