MyDads (Dangerous Animal Deterrent System)
Date of Foundation
2024

MyDads (Dangerous Animal Deterrent System)

Innovative Wildlife Protection Solution

The Idea origin story

At MyDADS Mfg., we aim to enhance safety in human-wildlife interactions with innovative products. We're building a sustainable industry in Alberta, pushing for a carbon-negative plant, and promoting local entrepreneurship. Our unique, high-quality deterrent systems also aim to lessen environmental footprints. We envision global leadership, creating durable and environmentally responsible products while fostering the economic growth of our community.

The Mission

Our mission is to be a global leader in unique animal deterrent systems, emphasizing safety, quality, local job creation, and sustainability.

Clients

We target emergency workers, wilderness professionals, livestock handlers and outdoor enthusiasts worldwide seeking safe, innovative solutions.

Problems we solve

Client’s problem

Our APAT 51000 serves as a defensive tool and powerful torch, providing a humane way to deter dangerous animals. It enhances safety and visibility for outdoors activities, ensuring user protection with its robust design.

Confirmation of problem

Urban expansion is causing more wildlife encounters, posing safety risks. Current deterrents either harm animals or fail at safety.

Solution

MyDADS offers humane and user-friendly deterrents, ensuring safety for outdoor enthusiasts and farmers without harming wildlife.

Our technologies

This solution is based on technologies

How it works

Our APAT 51000, an animal deterrent baton, emits a 98-decibel sound and has advanced features like a flashlight and charging ports.

Value for the client

Our startup, MyDADS Mfg., offers innovative wildlife protection solutions, enhancing safety in human-wildlife interactions and promoting sustainability globally.

Market and strategy

Market size

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

2

% of the market

Is our goal in the next 3 years

Team

My name’s

Alex Grenier

My key role in the product

As the project lead, I steer us from website launch to achieving $10M revenue and exploring exit strategies over a 5-year timeline.

Team size and key members

Our team, led by Dennis T. Martel with expertise in R&D, comprises CEO Alex Grenier excelling in business scaling, CFO Dr. Steve Grey for fiscal health and CMO Paul O'Mara for market reach strategy.

Competitors

Competitors

PitchBob’s recommendation: Our main competitors are Victorinox, known for quality but costly products; Unisafe Technologies, offering competitively priced safety items with limited global recognition; Gerber Gear, crafting durable tools with a narrow range; and Sabre, famous for its wide variety of products but potentially struggling to maintain quality.

Our Advantages

Striving to stay ahead of the curve, we consistently innovate and differentiate ourselves from rivals through advanced products, embracing cutting-edge technology while identifying with emerging trends, thereby catching our target audience's eye.

Business model

We monetize by manufacturing and selling our standout "APAT 51000 Animal Prod and Torch TM" product range for safe animal interaction.

Traction

We've created several prototypes for thorough R&D, focusing on optimal quality, usability, and design precision. These demo models have proven beneficial in attracting investors and retailers.

By the time our funds get depleted, we would have significantly boosted our growth trajectory and market reach through precise marketing activities. Furthermore, retailers are eager for half of our initial production run, positioning us for substantial growth and returns.

Metrics

Key metrics we track are units sold, cash collected through sales and capital raise, manufacturing costs including deposit and second payments, affiliate payments, royalties to investors and overheads. We've seen a consistent increase in units sold driving positive monthly cash flow.

Currently in our startup phase, we're actively seeking investment. Rigorous financial metrics are in place to guide strategic decisions and ensure efficiency as we grow towards profitability.

Incorporation

Our company incorporated in

Alberta, Canada

Key risks

As a relatively new company, we have limited brand recognition compared to established competitors.  Our current production capacity may pose challenges in meeting high demand as we scale up operations.  Limited financial resources may constrain our ability to invest in extensive marketing and expansion initiatives.

Investments

$

10000

We raised investments

Our Investors

CEO is taking his $100,000 in salary in options. Otherwise, we are seeking investors or partners.

Rising Investments

$

750000

Currently, we are raising investments

$

1000000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

At MyDADS, we are on a mission to revolutionize a $5 billion industry by introducing smart and sustainable solutions to ensure safety in human-wildlife interactions. We've created our initial product, the APAT 51000, which serves as a deterrent tool and a powerful torch providing a humane way to deter dangerous animals. This innovative product has gained significant traction, but we believe we can reach an even larger global audience with the right strategic partner on board. That's why we're looking for a co-founder who compliments our skill set and shares our vision. They would ideally have experience in product development, a deep understanding of the outdoor safety and wildlife deterrent market, and strong networks within wilderness organizations or outdoor equipment retailers. Having a background in sustainability initiatives would be a plus, given our ambitions to create a carbon-negative production line and promote local entrepreneurship in Alberta.

Open positions

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Additional information

We differentiate ourselves on innovation, quality and customer-centric approach. Aiming to lead the animal deterrent market, we focus on rigorous R&D and top-quality outputs. Our subscription model builds customer trust through shared progress insights.

MVP