Product information

Value per Preference Share
NZD 3.17
Total value of Preference Shares
NZD 800,555
Valuation method
Traded price
Preference Shares issued
252,541
Holders
22
Investment type
Equity
Simple Table
Minimum round size:    Maximum round size:    Pre-money valuation:    
$300,000    $600,000 (oversubscriuptions allowed)    $1,750,000    

Roller Blaster

Roller Blaster is a fully automated, high pressure, roller sleeve cleaner. It reduces major paint industry pain points, involving labour, paint waste, water use and landfill.

Backed by fully granted, multi-country, patents. Currently in Aus and NZ, with over 450 units and have Dulux Australia as a key distributor. Has generated over $500,000 in revenue to date.

We are Raising $300,000 to expand into Europe

Cleaning paint rollers is one of the worst parts of a painter's job. It takes ages, makes a big mess and just when you think its clean, you find even more paint left in it.

When it comes to dealing with paint laden roller sleeves, painters only have 2 real options:

  • Spend 10 – 15 minutes cleaning them by hand, which creates 50 litres of paint laden wastewater (labour costs around $3,000 per year per painter); or
  • Throw them out after each use – at an average cost of $10 per sleeve (costing around $2,000 per year per painter).

In America, Europe, NZ and Australia there are 495,000 painting and decorating businesses, which generate a whopping 7,722,000,000 litres of paint laden wastewater per year, which ends up in our environment and 51,480,000 sleeves that end up in the landfills (see our Information Memorandum for details of this estimate).

Until now there has not been a viable solution.

Roller Blaster is the world's first Fully Automated, High Pressure, Roller Sleeve Cleaner.

40 seconds, 3 litres of water, No mess and a perfect clean every time.

See our original product in action

Watch our Webinar (held on 10 December 2024)

Our product

In the last 2 financial years, Roller Blaster has expanded into Australia, bringing on distributors like Dulux Group Australia, Inspirations Paint and Trade Gear etc… This move increased sales by well over 200%.

We also implemented strong QC procedures resulting in a 100% pass rate of product off the manufacturing line. Our sights are now firmly set on Europe. We have already received deposit paid orders from distributors like Paint Shack ltd in UK

Capital raise to fund additional production

Our June 2023 production run was mostly sold in the 2H FY24, with the result that Roller Blaster is now out of stock. We are currently raising a minimum of $300,000 primarily to fund an immediate production run in FY25, to fill orders for Australasia and Europe, and for further production runs in FY26.

Each preference share is valued at $3.17 and has 2 preference share options attached, exercisable at $3.17 in 12 months or earlier if there is a capital raise.

A pre-emptive rights issue has resulted in $140,000 in commitments from current share holders, meaning we are already around half way to our minimum target. One of the investors is MIG Angels investment group. You can read a letter from a key investor with MIG Angels, explaining why he is investing, in the Key documents.

Please refer to our Information Memorandum for further details of our offer.

To access detailed information from our DD room, please use the DD index in our Key documents.

If you would like to ask us any further questions.

Please contact:

Stephen Bentley - Founder

Phone: 021 117 6956

Email: steve@rollerblaster.com