Waltech RV

Revolutionizing RV living with our smart thermostat and control, Significant traction with more than 500 users at $329 price point. LTV of $479 through monthly recurring revenue and CPA of $156/device.
Austin

About Waltech RV

Imagine every RV on the road, not just as a vehicle but as a futuristic hub of comfort and convenience. This is the vision WalTech turns into reality. Waltech 2.0 is the world's first universally compatible smart thermostat for RVs, setting a new course for the 12 million-strong, yet technologically dormant RV market.

WalTech 1.0 has already redefined RV living for over 500 users, boasting a remarkable lifetime value (LTV) and customer satisfaction at an enticing price point. And now, with WalTech 2.0, we're gearing up to go beyond—over 200 pre-orders speak to the anticipation of our tech-enhanced solution designed by an RVer, for RVers.

We're not just selling a device; we are creating a lifestyle with smarter and more connected RVs. We're ready to scale, ready to innovate, and ready to welcome you to the smart RV revolution.

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Problem statement

While you might think it's easy to just pop a Nest or Ecobee thermostat into an RV, it's not that simple. Here's why:
For RV Owners:
1. Voltage Issue: RVs use 12v DC from batteries, unlike homes that use 24v AC from the grid.
2. Wiring Complexity: Homes have standard HVAC wiring; RVs do not. In fact, RVs can have over 10 different wiring setups.
3. Unstable Wi-Fi: About 70% of RVs don't have reliable Wi-Fi, a must-have for most smart devices.
4. No Custom Fits: Most smart systems aren't designed for the RV lifestyle, offering little in terms of customization or integration.

For RV Makers:
1. Too Many Controls: Each appliance supplier has their own control unit, and does not talk to each other, so an RV could have separate controls for AC, heat, water heating, etc.
2. Rigidity: The current control center in RVs is wired and rigid. Users can't easily add or remove features.
3. Pet Monitoring: 60% of RV owners travel with their pets but none of the HVAC products offers room temp monitoring/alert features since they do not have smart thermostats.

This combination of challenges creates a substantial gap in the market. WalTech's smart thermostats are engineered to overcome these obstacles, offering a tailored solution for the unique demands of RV living.

TAM: $2.5 Billion (only travel trailers and fifth wheel that is 85% of the RV market)
SAM: $2.15 Billion (85% of TAM that are compatible easily uses Dometic/Coleman/Furrion/GE thermostats)
SOM: $647 Million (30% of SOM are frequent travelers who travel more than 55 days a year)

Traction information

WalTech is gaining significant traction! We've got 200 orders ready to go and another 300 units coming soon, all set to be sent out to our shops and partners. Plus, we're teaming up with big players in distribution and RV manufacturing to get our smart thermostats out to even more people. And that's not all – we're also joining forces with tech experts at Mopeka and Ruvvi sensors to make our thermostats even better. It's an exciting time for us and our customers!

B2B aftermarket:
Creating a network of RV Technicians as installation partners to install the product.
Supplying dealer network to partner with larger dealer network and part shop.

B2B new market:
Partner with RV OEMs and provide custom solutions to their product needs.
White label our device with HVAC manufacturers in the RV space.

Partner with large distributors with nationwide supplying capability.

Targeted Digital Marketing:
To drive sales through influencers, and bloggers in the RV space. To do social media campaigns and get our products listed on Amazon etc.

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Funding

Currently raising capital

$50,000
committed
$500,000
goal