Wayzn Raises Equity Funding after Crowdfunding Success

Oct 16, 2020 | Client News, Crowdfunding

In 2019, we had the pleasure of working with Wayzn to launch their Indiegogo campaign and reached their funding goal in less than 7 hours, raising a total of $191,549 Indiegogo campaign before going on InDemand.

“One of the best decisions we made was to use Rainfactory because their expertise and feedback resulted in a polished crowdfunding campaign, and that allowed us to test for product-market fit and be confident we had a winner.” – Adam Smithline, Brofounder, Wayzn

They are continuing their mission of leading the way in smart door and window technology. Check out heights Wayzn was able to reach:

  • Won 7 awards, including CTA 2020 Smart Home Mark of Excellence Award
  • Wayzn has sold over 3,000 units and is currently shipping with high customer satisfaction
  • Featured by American Express, Smart House, Yahoo Finance, Geeks&Beats, Engadget, Digital Trends, Consumer Affairs, The Australian, and many more press outlets.

After their immensely successful crowdfunding campaign run by Rainfactory, Wayzn has now launched an Equity crowdfunding campaign through the platform Republic, raising an impressive $90,000 to amplify their growth.

Wayzn is projecting $77 million in revenue by the end of 2024. Now is a great time to invest in something established and Wayzn is opening their doors to investors, for as little as $150.

Wayzn’s success continues long after their crowdfunding campaign has finished. If you’re interested in launching your new business and bringing a product to life, contact Rainfactory today.