Elevare Technologies

Leading the Way to Virtual-as-a-Service and the Charge Into Virtual-Commerce

$250,000

Target Offering

$500.00

Minimum Investment

$5,000,000

Maximum Offering

$10.00

Share Price

Offering Ends March 29, 2024

OFFERING CLOSED

$0

Raised

0

Investors

$250,000

Target Offering

$500.00

Minimum Investment

$5,000,000

Maximum Offering

$10.00

Share Price

Offering Expires October 1, 2023

The Offering:

Elevare Technologies, Inc., is changing the way global business is done! We are developers of WEB 3.0 technologies to integrate with current WEB 2.0 applications and developers of digital twin custom meta-worlds. Just as the early internet searched to find form and function, so has WEB 3.0 and Elevare has found the keys to unlocking that potential. We are part of the transitioning economy that, according to McKinsey & Co., will be more than a $3,000,000,000,000 add on, and, according to CITI will be more like $14 trillion.

We have devoted our start up to launching our base technology! Founded in April of 2022, Elevare has devoted its start up period to launching The Eleverse (Elevare Club Digital), a digital meta-world that offers virtual offices, videoconferencing, an auditorium seating over 400 people for virtual conferencing, a Board Room with smart-board capabilities, and a main lobby suitable for digital networking. This a showcase of the powerful and disruptive technology built by Elevare. We enter 2023 in launch mode as our technology is now available for sale as either a White Label custom Club or a fully custom digital twin for retailers, attorneys, and others.

Our Mission:

We exist to migrate business and consumers into the digital WEB 3.0 world. A frictionless, safe, and secure economy where technology is the driver behind productivity and economic growth. We believe the more society transitions to digital, the more comfortable and common it will become to live one’s entire life in the virtual space.
Terms:
Offering Type:
Regulation CF
Security Type:
Class B Common Stock
Maximum Offering:
$5,000,000
Target Offering:
$250,000
Minimum Investment:
$500.00
Available Shares:
500,000
Valuation:
$18,000,000
Broker Dealer:
Rialto Markets
Transfer Agent:
KoreConx
Escrow Agent:
North Capital Private Securities

Use of Proceeds

Based on the maximum amount of $5,000,000 is raised.

38.5%

Working Capital

$1,925,000

38.5%

Retirement of all Liabilities

$1,925,000

20%

Technology Development

$1,000,000

3%

Intermediary Fees

$150,000

Keys to Success

Further development of the five differentiators:

WEB delivery – increase speed and accessibility

Platform independence – increase reliability

Real-world feel – improve Avatars

Scalable – Continue building infrastructure

Transaction capable – further integration into Cosmos.network

Adoption by business:

Develop brand through PR and SM
Integrate field sales for enterprise accounts
Create sales video’s adaptable by White Label clients
Promote education within Elevare Tech’s Club
Early adoption into existing networks (NFIB, Chambers, etc)

What is Metaverse:

Metaverse is a virtual-reality space in which users can interact with a computer-generated
environment and other users.

Our metaverse is specifically tailored for business and work usage. We focus on solutions that elevate efficiency in the digital realm resulting in financial sustainability, growth and independence in the physical realm.

Products and Services:

A White Label wherein we simply brand our current internal club as the clients own;
A Semi-custom where we tweak our current internal club for the clients’ specific needs;
A Full-custom where we develop a digital twin for the clients (e.g., car dealers).

our solutions:

Unlimited virtual office space + videoconferencing
With options to use private offices and board rooms plus the ability to showcase your brand.

AI virtual assistant committed to you

Smarter than any human you could potentially hire for less than the cost of a pack of pens.

Auditorium for groups of 5 to 500 people

Perfect to conduct private virtual trainings, seminars and conferences.
Cloud based platform for east of accessibility

Skip the app download and efficiently save digital space on your physical tech.

The global metaverse market size was estimated at USD 38.85 billion in 2021. It is expected to expand at a compound annual growth rate (CAGR) of 39.4% from 2022 to 2030.

— according to gradviewresearch.com

About Us:

our Future:

We envision a world where businesses are fully equipped, empowered, and supported in the metaverse and physical realms so they can efficiently achieve financial sustainability, growth and independence.

Our calling:

Our calling is to efficiently establish our customers’ financial sustainability, potential growth and independence by way of forging their company’s digital twin in the metaverse through the utilization of emerging Web3 technologies.

Leadership:

Steve Beaman

Chief Executive Officer

Chad Tongco

Chief Operating Officer

David Myers

Chief Financial Officer

Frank Perissi

Chief Revenue Officer

Aleks Ratkovic

Chief Technology Officer

Forbes named the metaverse one of the top ten trends everybody must be ready for in 2023. Global spending on VR/AR, the metaverse's foundation technologies, is expected to rise from $12 billion in 2020 to $72.8 billion in 2024.

— according to influencermarketinghub.com

For Non-Accredited Investors (most fall into this category) the limitation on how much you can invest depends on your net worth and annual income. If either your annual income or your net worth is less than $124,000, then during any 12-month period, you can invest up to the greater of either $2,500 or 5% of the greater of your annual income or net worth. If both your annual income and your net worth are equal to or more than $124,000, then during any 12-month period, you can invest up to 10% of annual income or net worth, whichever is greater, but not to exceed $124,000.
  • After you review the offering statement and information and decide you’d like to invest and how much, you complete the application with the requested information and electronically sign the documentation.
  • Rialto Markets, the Broker Dealer, reviews the information for Anti-Money Laundering and Know Your Customer type reviews
    • If you pass the review, Rialto initiates the funds via ACH or Credit Card (or you send the wire or check if applicable)
    • If you don’t pass the review, Rialto or the Issuer will reach out to you to update information to clear you for the reviews or otherwise
  • Once the funds have been cleared by the escrow agent (funds go directly there), Rialto will match your funds with your cleared application for investment, and issue you the stock by validating the subscription agreement and notifying the Transfer Agent to record your ownership on the Issuers capitalization table.

The time line is generally 2 to 4 weeks but can always happen sooner. It all depends on the
information you provide and if there are issues, how quickly we hear back from you.

  • If we bump up against any “hits” on our reviews, we are required to clear each one of
    those potential conflicts to evidence there are no issues.
  • If the information provided is not correct or is incomplete, we will need to reach out and
    get this corrected.
  • Even though funds are initiated or you see them pending in your funding source, this
    does not mean they are in the escrow account for the offering. Based on the payment
    rails available in the US, these funds may not appear in escrow for a day or 2 and then
    they have to sit there for a few days until the escrow agent is satisfied there doesn’t
    appear to be any issues
  • Matching of payments to approved applications happens in batches, so while all ready
    to be closed, your application maybe in the next batch.
Rialto Markets LLC is the FINRA member broker dealer who has been engaged by the Issuer to act as the Onboarding Agent for this offering.
  • Rialto Markets LLC is NOT placing or selling these securities on behalf of the Issuer.
  • Rialto Markets LLC is NOT soliciting this investment nor making any recommendations by collecting, reviewing and processing your application for investment.
  • Rialto Markets LLC conducts Anti-Money Laundering, Identity and Bad Actor Disqualification reviews of the Issuer, and ensures they are a registered business in good standing.
  • Rialto Markets LLC is NOT validating or approving the information provided by the Issuer or the Issuer itself.
  • Contact information is provided for applicants to make inquiries and requests of Rialto Markets LLC regarding the general application process, the status of the application or general Reg CF regulation related information. Rialto Markets LLC may direct applicants to specific sections of the Offering Statement to locate information or answers to their inquiry but does not opine or provide guidance on Issuer related matters.
Rialto Markets is compensated by the Issuer for providing its Broker Dealer Onboarding Agent services as disclosed in the Offering Statement. Rialto Markets does NOT charge the applying investor any fees whatsoever. Please visit our Relationship Summary for more details.

By investing in an Issuer’s Reg CF offering where Rialto Markets is the Broker Dealer Onboarding
Agent, Rialto must ensure that you as the investor, do not breach the SEC’s limits on investing in
Reg CF Offerings within a 12 month period. While it’s not a full-fledged brokerage account
where we custody your holdings or recommend any investments, you will have an account at
Rialto to track the investments made where Rialto was engaged as the Broker Dealer
Onboarding Agent.

There is NO cost, charge or no annual fees etc. for this account whatsoever.

As you are buying a security regulated by the SEC, and as a Broker Dealer we are required by
SEC regulations to reasonably ensure Anti-Money Laundering and Know Your Customer reviews
are satisfied and that Permitted Investor Limits are not breached, we collect this information to
perform the required reviews.

Rialto may share certain details of an applying/completed investor as listed on the subscription
agreement, with the Transfer Agent and Escrow Agent if requested for valid purposes of
processing an investment application.

Applying investors with questions about the company or its product or the offering should submit their questions in the Discussion section of the investment website. This is a public forum where valid questions will be displayed for all to view, with responses clearly tagged with who the response is from (i.e., the Issuer, Rialto Markets).
An accredited investor, in the context of a natural person, includes anyone who:
  • earned income that exceeded $200,000 (or $300,000 together with a spouse or spousal equivalent) in each of the prior two years, and reasonably expects the same for the current year, OR
  • has a net worth over $1 million, either alone or together with a spouse or spousal equivalent (excluding the value of the person’s primary residence), OR
  • holds in good standing a Series 7, 65 or 82 license.
Any questions about the application, how to navigate it, what’s the process, etc. should be directed to Rialto Markets using the contact information provided at the bottom of the investment website.

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