Ravean

Ravean is a new kind of clothing company.

From jackets and gloves to backpacks and blankets, Ravean’s patented products protect people from cold weather, and take things one step further by offering battery-powered heat.

The result is a line of apparel that’s built for everyone from city commuters to outdoor enthusiasts.

Imagine camping with friends and being able to slide into a sleeping bag with that extra dose of heat. Or wrapping yourself up in a heated parka as you wait for the city bus.

Whatever Mother Nature dishes out, Ravean’s apparel keeps you warm and toasty.

According to GearInstitute, Ravean is making the “best lightweight heating elements in the business,” while The Chicago Tribune noted “Ravean(s) coat is a powerful weapon against cold temps.”

And along with apparel offering extra heat, products such as Ravean’s battery-powered jackets and backpacks enable people to charge their electronic devices.

It’s all part of the emerging “smart clothing” market — valued at $35 billion.

This sector was previously dominated by smart watches. But smart clothing and apparel is on the rise.

According to CNBC, Google and Levi’s are working on a line of smart clothing, while Chinese manufacturers are developing a variety of apparel from smart belts to smart shoes.

Ravean’s revenues, meanwhile, are increasing. In 2015, it brought in $1.3 million. In 2016, that figure jumped to nearly $1.8 million. And in 2017, it's projecting sales to reach $6.5 million.

The company has 30,000 customers so far, and has been mentioned in media outlets including Forbes, Mashable, GearHungry and The Denver Post.

INVESTOR INFO
If you're interested in learning more, Ravean is hosting a webinar on Wednesday, August 16 at 2 p.m. CEO and Co-founder Bryce Fisher will review the company's pitch deck and take questions from the audience.

You can register here for free:
https://attendee.gotowebinar.com/register/300389160147380739

Team Background

Bryce Fisher - CEO and Co-Founder

In addition to founding Ravean, Bryce has served as a second lieutenant finance officer in the U.S. Army since 2010.

Bryce also co-founded Seven Figure Funding, a platform that helps start-ups raise money. Seven Figure Funding has raised more than $7 million for various early-stage companies.

Along with Seven Figure Funding, Bryce co-founded Luvaire, a home appliance company that was acquired by a private equity firm in 2015.

Bryce graduated from Brigham Young University with degrees in Chinese and Literature.

Henry Deutsch - COO and Co-Founder

Before co-founding Ravean, Henry worked as Director of Sourcing for Radians, a company manufacturing safety gloves and vests. He was responsible for developing and implementing all strategic sourcing plans and helped oversee quality control for 20 factories.

Henry also directed operations for Evergreen Solutions, a consulting company for global supply chain solutions. While there, he worked with clients such as Troy Lee Designs, Ziploc and Case Logic.

Prior to that, Henry was Director of Sourcing with Ogio International, a Utah-based clothing company. Henry managed all production for backpacks and luggage while managing a quality control team.

Jonathan Bybee - Creative Director and Co-Founder

Prior to co-founding Ravean, Jonathan was the owner of Scribble on Everything, a design company specializing in different wall patterns.

He also spent time as the Creative Director for Twinlab, a company manufacturing vitamins and weightlifting supplements. Jonathan also has experience as a designer for CMA design, where he designed packages for clients such as Coca Cola, Minute Maid and Altoids.

Jonathan received his Bachelor’s degree in Design from Brigham Young University.

Ezra Kwong - Director of Fulfillment & Customer Service and Co-Founder

Before Ravean, Ezra worked with Bryce as co-founder of Luvaire, the home appliance company acquired by a private equity firm in 2015.

Prior to that, he spent time as a security consultant with Vivint, where he presented home security services to consumers.

Ezra received a Bachelor’s degree in Travel and Tourism Studies from Brigham Young University.

Steven Yue - Heating Element Factory Owner

Steven is the developer behind Ravean's heated-apparel technology.

Prior to Ravean, Steven spent time with Intel and Hewlett Packard.

Steven Yue - Inventor & Heating Element Factory Owner, Partner

Steven is known as the "Godfather" of wearable heated technology. Electrical engineer, inventor, and factory owner, Steven began his career working for Intel and Hewlett Packard. After several years of success, Steven decided to start his own venture and began developing heated apparel. He has developed some of the safest, most durable heating technology in the world, and has many worldwide patents.

Co-Investors