Kodgem Investor presentation

Better posture.
Built into your day

Meet Straight+, an AI-powered wearable
that helps build better posture habits.

Fatih DurmazCo-founder & CEO

Kodgem Product

Straight+

A gentle nudge.
A better habit

  1. Wear it

    On your upper back, with an
    adhesive or necklace.

  2. Get a nudge

    On-device AI detects slouching
    and triggers a gentle vibration.

  3. Track your habits

    Follow daily and weekly progress
    in StraightApp.

Straight+ attached to the upper back with an adhesive
The StraightApp AI Assistant on a phone
18 g15-day batteryOn-device AI
KodgemWearable health

Posture is our starting point

Our vision: a daily companion for healthier habits.

  1. 01

    Wearable

    Posture feedback
    in everyday life.

  2. 02

    Daily insight

    Understand habits
    and track progress.

  3. 03

    Personal guidance

    Planned coaching
    tailored to the user.

  4. 04

    Ongoing value

    Subscriptions and future
    institutional applications.

WHOOP

$10.1Bvaluation, Mar 2026

$1.1B year-end 2025 bookings run rate

Oura

$11Bvaluation, Oct 2025

$907.9M FY2025 revenue, year ended Sep 30

Sources: WHOOP, Mar 31, 2026; Oura funding, Oct 14, 2025; Oura SEC filing, Sep 3, 2026.

Kodgem Traction

50,000+
devices sold

Across 70+ countries.

AI-run operations

10people
30+AI agents

10X Engineering
Each person delivers 10× with AI agents.

Cumulative devices sold

We’ve grown 4X since adopting AI agents.

Three cumulative sales milestones October 2024: over 20,000 devices. January 2026: approximately 40,000. August 2026: over 50,000. Company-reported, across all device generations. The bars show dated milestones, not monthly observations. 0 25K 50K 20K+ ~40K 50K+ Oct 2024 Jan 2026 Aug 2026

Company records, August 2026. Lifetime sales across all device generations.
Team includes founders and active advisors. AI agents operate under human oversight.

KodgemBusiness model

A purchase that starts a relationship

Hardware today. Planned coaching subscriptions for ongoing value.

One-time purchase

Straight+

$149

Wearable posture trainer
with the companion app.

Everyday use

Adhesive refills

$14.99

10-pack of adhesives
for continued daily wear.

Planned subscription

StraightApp Premium

$69/year

Or $7.99 per month.
Personalized coaching programs.

D2C list prices and planned Premium pricing, company records as of August 2026.

KodgemGrowth plan · 1/2

A $3–4M revenue run rate in 12 months

$1.5M raise · Month 12 target · Proposed model

A $3–4M revenue run rate in 12 months $1.5M raise · Month 12 target · Proposed model. Annualized total revenue: 3,999,000 USD. $3M · Devices (25K devices/year × $120) + $759K · Subscriptions (11K paid accounts × $69/year) + $240K · Consumables (8% of device revenue) $3M · Devices 25K devices/year × $120 $759K · Subscriptions 11K paid accounts × $69/year $240K · Consumables 8% of device revenue ~$4M/year Annualized total revenue Upper end of the $3–4M target

US-focused growth

Repeatable customer acquisition

Validate subscription economics

Paid conversion and retention

Grow the Straight brand

Marketing · direct sales · partnerships

Month 12 pace: 25K devices/year ≈ 2,083 devices/month. The first 12 months start when the round closes.
Proposed total: $3.999M/year. All flows use the same annualized revenue basis.

KodgemGrowth plan · 2/2

An operating model for a USD 1 billion target

2027+ · Series A and subsequent growth phases · Proposed model

An operating model for a USD 1 billion target 2027+ · Series A and subsequent growth phases · Proposed model. Annualized total revenue: 101,400,000 USD. $69M · Subscriptions (1M active paid accounts × $69/year) + $30M · Devices (250K devices/year × $120) + $2.4M · Consumables (8% of device revenue) $69M · Subscriptions 1M active paid accounts × $69/year $30M · Devices 250K devices/year × $120 $2.4M · Consumables 8% of device revenue $101.4M/year Annualized total revenue Subscription share: approximately 68%

Device + subscription

One integrated customer experience

Large enterprise sales

Grow through enterprise accounts

Series A and beyond

Further capital to support growth

Long-term proposed model. Enterprise subscribers are included within the 1M active paid accounts.
Scale assumes subsequent funding rounds and a subscriber base built through renewals.

KodgemCompetition

Where Straight+ fits

ProductPrimary focusEveryday feedback
Straight+Posture habitsOn-device AI and gentle vibrationProduct direction: metrics, scores,
personal coaching and daily recommendations
Upright GO 2Direct alternativePosture trainingSlouch alerts and training plans
WHOOPAdjacent wearableSleep, strain and recoveryMetrics and personalized coaching
OuraAdjacent wearableSleep and readinessScores and daily guidance

Product positioning from official materials: Upright, WHOOP and Oura, reviewed September 2026.
Straight+ specifications from company product records. This is a positioning comparison.

KodgemGo to market

Global availability. Focused US growth

Our growth investment will focus on the US.

01

Available
globally

Our website, Amazon and
marketplaces serve
customers worldwide.

02

Focused
US investment

Marketing, direct sales
and partnerships to build
the Straight brand.

03

Closer to
US customers

Founder relocation to
San Francisco begins
in October 2026.

Global distribution continues. Marketing, sales and partnership investment centers on the US.

KodgemProduct roadmap

Our roadmap for
personal guidance

  1. Shipping
    today

    Straight+ and StraightApp

    Posture feedback and
    daily progress tracking.

  2. Next
    step

    Personalized coaching

    Planned Premium pilot.
    Measure adoption and retention.

  3. Longer
    term

    Explore institutional use

    Validate needs and user outcomes
    with potential partners.

Premium is planned. Institutional applications are a longer-term direction.

KodgemUS entry market

Our initial US audience

Professionals in computer and mathematical occupations

5M

US target
audience

1%

Audience reach
target

50,000

Device sales
target

$6M

Hardware revenue potential50,000 devices × $120 net revenue

$1.73M/year

Annual subscription revenue potential25,000 Premium subscribers × $69/year

Source: BLS, May 2025 employment; 5.26M audience, rounded down to 5M.
Plan: $120 net device price · 50% Premium conversion · $69/year subscription.

KodgemTeam

The team behind Straight+

Fatih Durmaz

Fatih Durmaz

Co-founder & CEO

Architect of device design, software,
AI infrastructure and strategy.

Göksel Sayılan

Göksel Sayılan

COO

Leads operations and
AI agent systems.

Deniz Demir

Deniz Demir

Partner & Brand Advisor

Advises on branding
and brand positioning.

Emre Doğaner

Emre Doğaner

Partner & Marketing Advisor

Advises on the company’s
marketing activities.

10 active team members, including founders and active advisors, supported by 30+ AI agents.

KodgemThe next step

Better posture.
Built into your day

Raising $1.5M to grow in the US,
validate subscriptions and expand
our AI-run operations.Seed round. $15M post-money.

Fatih DurmazCo-founder & CEO
fatih@kodgem.com