Raybo replaces a line item that exists on almost every lot-based property in America, sold through software those properties already run on.
The standard arrangement across the industry: comp one resident's lot — $400 to $500 a month — in exchange for after-hours check-ins, light patrol, and being the person who picks up when something goes wrong at 2am.
It is unreliable, unauditable, and it walks off the property when that resident moves. There is no record of whether the patrol happened. There is no plate log when a vehicle gets broken into. And a guest arriving at 11pm still finds a dark office.
At $549 a month, Raybo sits inside a budget the operator is already spending — and hands back a rentable site worth $400–500 on top.
The pitch to an owner isn't "buy futuristic technology." It's: stop comping lot 14, put a paying guest in it, and get a patrol log you can hand your insurer. That conversation closes in one call.
Drivetrain and navigation stack running, blueprints complete, majority of software written.
Most outdoor autonomy assumes a stable map. An RV park is the opposite — the geometry changes every time a rig pulls in. We navigate on RTK GNSS fused with IMU and wheel odometry, treating vehicles as dynamic obstacles rather than landmarks.
| Compute | Raspberry Pi 5 + Hailo-8L |
| Sensing | Unitree 4D L2 LiDAR + RTK |
| Drive | 4WD skid-steer, VESC |
| Stack | ROS 2, Nav2, YOLOv8 |
| Fallback | WebRTC teleop < 10 s |
Teleop fallback means no deployment depends on full autonomy. A human can drive any unit, which makes early installs sellable while autonomy matures.
See the full product
LotRush is the operating system for lot-based properties — reservations, billing, site maps, resident leases, valuation. Ray Faraj is CTO, COO, sole engineer and a majority shareholder.
Raybo does no cold outbound into the hardest-to-reach operator segment in America. The robot is an upsell inside software the owner logs into daily, sold to a customer whose payment details we already have, integrated with the reservation system on day one.
LotRush reaches roughly 3,000 accounts by year three. About 1,200 are large enough to carry the lease. Our plan needs 300 of them. We can miss our attach rate by four times over and still hit the number.
A piece of land, divided into numbered lots, each rented to somebody. One platform addresses all three because the operational problem is identical.
| Segment | Properties | Annual value |
|---|---|---|
| RV parks & campgrounds | 15,000 | $99M |
| Mobile home communities | 43,000 | $283M |
| Self-storage facilities | 52,000 | $343M |
| Total addressable | 110,000 | $725M |
| Bill of materials | $5,000 |
| Assembly, QA, burn-in | $900 |
| Crating and field install | $400 |
| Deployed cost per unit | $6,300 |
$5,000 is the bill of materials, not the deployed cost. We plan against $6,300, and against $7,000 for the first three units built at volume one.
| Monthly lease revenue | $549 |
| Cash cost to serve | $132 |
| Gross margin | 76% |
| Cash payback | 15.1 months |
| 48-month revenue | $26,352 |
| Return on hardware | 3.2× |
Cost to serve is connectivity, cloud, a maintenance reserve at 8% of hardware annually, and shared teleoperator labour at one operator per forty units.
| Year | Fleet at exit | Revenue | Exit ARR |
|---|---|---|---|
| Month 24 (seed) | 45 | $319k | $319k |
| Year 1 | 18 | $59k | $119k |
| Year 2 | 90 | $356k | $593k |
| Year 3 | 300 | $1.28M | $1.98M |
| Year 4 | 780 | $3.56M | $5.14M |
| Year 5 | 1,700 | $8.17M | $11.20M |
A leased robot with a signed contract is a financeable asset. From year two, fleet growth is funded with equipment debt at 60–70% loan-to-value. Equity buys the product and the go-to-market. Debt buys the steel.
One SAFE at a $6,000,000 post-money cap. $1.2M buys 20% of the company; the $650,000 minimum close buys 10.8%. Rolling close, 120-day deadline. The minimum funds 18 months, FCC certification and 18 deployed units — a complete Series A story on its own.
| Use of funds | $1.2M |
|---|---|
| Team and engineering | $538k |
| Hardware, tooling, certification, fleet | $282k |
| Facilities, insurance, legal | $177k |
| Cloud infrastructure and deployment | $63k |
| Go-to-market | $55k |
| IP and contingency | $85k |
| Instrument | Post-money SAFE |
| Valuation cap | $6,000,000 |
| Target raise | $1,200,000 — 20% |
| Minimum close | $650,000 — 10.8% |
| Discount | None |
| Liquidation pref | 1x non-participating |
| Board seats | None — observer rights available |
| Pro rata | Included |
| Option pool | 10% post-close |
| Close structure | Rolling, 120-day deadline |
LotRush is our distribution and I don't control it alone. Mitigated by an exclusive reseller agreement with defined term and revenue share, executed before close.
$5,000 holds at 20+ units. First builds run closer to $7,000. Budgeted at $6,300 blended, with contingency on top.
Gravel, mud, weather and constantly moving vehicles. Teleop fallback means no install depends on full autonomy; a human takes over in under ten seconds.
A moving machine near children in a campground. Product liability bound before first install, geofenced speed limits, hardware e-stop, full patrol video retention.
Knightscope and RAD are priced for corporate campuses at 5–10× our point and have no reason to come down-market. Our defence is channel, not technology.
Parks change hands often. Contracts assign to the buyer, and LotRush gives us visibility into ownership changes before they close.
Unusual in one person, which is the reason this is buildable at this size.
Took a property from $4,000 to $15,000 a month, then sold it in twenty days against seventy offers. I have personally comped a lot in exchange for night coverage. I know who I'm selling to because I was them.
Ten years building and competing internationally under the Raybo name. The company carries the team's name because the engineering discipline is the same one.
Built the platform that runs these properties end to end — reservations, billing, site maps, resident leases, valuation. Sole engineer and majority shareholder.
Digital marketing and business development in some of the hardest verticals there are. The channel is warm, but the playbook to convert it is already written.
Full financial model, cap table, prototype documentation, LotRush reseller agreement and customer pipeline.
This page is provided for information only and is not an offer to sell or a solicitation to buy securities. All forward-looking figures are estimates based on stated assumptions and are not guarantees of performance. Hardware visuals are concept renders of a product in development.