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The Map for the Creator’s Economy
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$180,308.77 Raised
TEAM
Blane Townsend • CTO & Cofounder
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John Paul Poehlmann • CEO & Cofounder
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Reasons to Invest
- We are working to democratize capitalism by putting a point of sale in everyone’s pocket that can enable you to run your entire operation with just your phone accepting Amazon Pay, Venmo, PayPal, Apple Pay, Google Pay, Visa, Mastercard, Bank Transfer, & Crypto.
- The market is huge, underserved, and consists of historically cash-based businesses that are trying to operate in a cashless society. $48 trillion is moving from cash to digital by 2030 and we universally accept it all (source).
- We’ve already built the product and have done over $1.3 Million in the last 12 months solely through word of mouth from our customers who love us.
Overview
A whole new world awaits
Our proprietary in-app credit card terminal is faster than cash, chipping, & swiping. We can handle walk-ups, door covers, and any sale at the moment of interest. This means we can replace cash, ATMs, and costly Hardware Terminals.
Meaningful social interaction is vital to human life and with depression rates skyrocketing, 76% of customers prefer to spend on experiences rather than material items (source). We believe this is because they inherently understand the need for human connection. Big tech promised to bring us closer together but has drastically driven us further apart (source).
Geoji is the antidote to an isolated Black Mirror Future. This is where you discover Taco Tuesday from your local abuela, find your Friday night, and maybe even your wife.
With our platform, creators can build ad-hoc businesses or events in seconds. They can snap a photo, add a description, and then it's live - we take care of the rest like ticketing, point of sale, and management.
The Problem
No easy way exists for people to monetize their passions and ideas
We’ve seen the trend of people making money renting out their homes, changing bed sheets, and driving strangers and food in their cars. However, no easy way exists to monetize your own passions and your own ideas.
There are millions of people who would love to make more in a day than most people do in a month (source). And they would all monetize their abilities if it did not take so much time, initial capital, and social reach to get started.
That’s where Geoji comes in.
The Solution
We’ve made an easy button
We’ve created an all-in-one technology platform that helps experiential businesses get discovered, make money, and run their business all right from their phone. Geoji universally accepts all forms of payment and allows you to sell just about anything. We’ve seen concessions, bars, bull rides, raffles, hay rides, art, pictures with Santa, petting zoos, and a wide variety of additional profit derived by allowing Geoji creators and their employees to sell much more than just admission.
Geoji makes it possible to place an emoji on our map as your bat signal to the city and potentially set up a full fledged operation in less than a minute. Emojis are modern day hieroglyphics (source). When you see a guitar on our map, you know there is music. When you see a kayak, ... well you get the picture.
BUSINESS MODEL
Free for creators, 7% to consumers
At Geoji, we serve the creators which is why we put the 7% fee on the customer. We can save the creators thousands and they choose which platform to use.
The Market
$1.1 Trillion every year in experiential commerce
We believe Geoji is a game changer for ad-hoc businesses that are trying to find ways to spin-up a full-fledged operation with ready-to-go credit card terminals for all employees or vendors with a smartphone. These historically cash based businesses are no tiddly-winks, they make more in a few weeks than most brick and mortar stores do in three years.
(source, source, source, source, source, source, source, source, source, source, source, source, source, source, source)
76% of consumers would rather spend their money on experiences than material items (source). Selling a product is no longer enough, you have to sell an experience too, and these businesses need to find new ways to maximize their revenue (source).
$7 trillion is moving from cash to digital this year and growing to $48 trillion annually by 2030 (source). How are these sole proprietors and businesses going to operate in a cashless society? If it’s more than a few payments it has to be promoted, tracked, and centrally managed. This cannot be done on a single peer-to-peer payment account. Geoji is the full fledged platform for these transactions, and we accept all forms of payment from just your phone.
Our Traction
$1.3 million in just 12 months, 33k transactions and 236 creators
On top of that…
- We’ve attained approximately $1.3 Million in the last 12 months via word of mouth
- We created proprietary technology to put a point of sale in everyone’s pocket - getting rid of costly hardware terminals and ATMs
- 236 creators each making 4.3 events on average per year
Why Invest
We believe Geoji is revolutionizing the way people earn a living
All you need is your phone to turn your passion or idea into your new livelihood.
We’ve helped 236 creators: pay rent, put food on their kids’ tables, pay off student loans, and make their dreams a reality. Success to us looks like becoming an everyday verb. If you are struggling to pay rent, bills, or wanting to leave your 9-5? Just ‘Geoji’ it!
We see a future where people skip college or leave their 9-5 because they are making a living running a pumpkin patch, starting their own kayak rental company, or monetizing whatever passions they would like to share with the world. In the next 3-5 years, we see Geoji just about anywhere in the U.S. - powered by people making a living doing what they love.
We plan on using this raise for:
- Scaling: Growth Hacking
- Regional & Seasonal Festival Outbound Sales
- Creator On-boarding & Support
- Product: Full Android build-out (iOS & Website are feature complete)
- On-boarding and Tutorials
- API & Integrations
Geoji is no longer an idea or proof of concept. We have built the product, done over $1.3 Million in the last 12 months, and are ready to scale.
Join us on our journey of creating a new economy that supports creators instead of corporations. By turning passions and ideas into discoverable businesses, we believe we are bringing the village back to the city and community back to the world.
Invest in Geoji today!
ABOUT
HEADQUARTERS
1400 Yager Dr
Austin, TX 77833
WEBSITE
View Site
TERMS
Geoji
Overview
PRICE PER SHARE
$1
DEADLINE
Nov. 2, 2022 at 6:59 AM UTC
VALUATION
$8.93M
FUNDING GOAL
$10K - $1.07M
Breakdown
MIN INVESTMENT
$250
MAX INVESTMENT
$1,070,000
MIN NUMBER OF SHARES OFFERED
10,000
MAX NUMBER OF SHARES OFFERED
1,070,000
OFFERING TYPE
Equity
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
*Maximum number of shares offered subject to adjustment for bonus shares. See bonus info below.
Investment Incentives and Bonuses*
Time-Based:
Angel Investor
Invest within the first week and receive 10% bonus shares
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Geoji will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $1.00 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $100. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.
Irregular Use of Proceeds
ALL UPDATES
10.25.22
We have processed over $1,000,000 in October alone!
It's only October 24, and we've processed over $1,000,000 in October alone! Fall has been a very strong season for Geoji historically and has only gotten bigger. We are looking forward to the Holidays with Christmas Experiences, light shows, and New Years events.
09.28.22
Notice of Material Change in Offering
[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the Geoji offering. Here's an excerpt describing the specifics of the change:
Issuer is extending campaign end date.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
08.29.22
$48 trillion moving from cash to digital
While there is a lot of hype around blockchain and crypto moving payments into the future, we are still living in a paper money society where over 2.7 trillion transactions have yet to go digital.
The market opportunity is huge and most of these payments take place in experiential commerce where the business owners don't want to spend massive amounts of upfront capital to setup their operation. Geoji makes it easy... all you need is your phone to accept credit, debit, Venmo, PayPal, Amazon, Apple, & Google Pay.
https://www.accenture.com/us-en/insights/banking/payments-modernization-playing-long-game
08.24.22
The Metaverse is not the answer. Meaningful social interaction is
Depression rates have been skyrocketing these last few years with people being locked up in their homes. The Metaverse isn't going to fix that, it's going to make it worse! People want to experience life instead of nesting like a cave-troll.
Geoji is the antidote to this Black Mirror future where you can breathe fresh air, find cool & unique experiences, and explore your city!
08.22.22
Notice of Material Change in Offering
[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the Geoji offering. Here's an excerpt describing the specifics of the change:
Update to use of proceeds and platform fees.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
08.22.22
Geoji enables the Gig Economy to make a real living doing what they love
The current gig economy is 19th century employment with an app. Geoji is changing that by empowering creators to chase their dreams. Instead of being forced to change bed sheets and drive strangers and food in your car for minimum wage (or less), you can monetize your talents, abilities, and assets that are unique to you. Throw a burger pop-up in your backyard, rent your kayaks for the weekend, or teach a yoga class in the park. With Geoji, your imagination is the only thing that can stop you and you'll make more money doing what you love.
08.18.22
The Great Resignation is just beginning
More people are quitting their 9-5 jobs in favor of doing what they actually love. Geoji enables you to do exactly that. Take a look at the study below on what drives today's workforce and how people want to live a purpose driven life.
https://www.weforum.org/agenda/2022/06/the-great-resignation-is-not-over/
08.10.22
Creator Update
One of our early creators has sold out her last two events in less than an hour using our all-in-all marketing suite. In the past year she has now made more money with Geoji than she has at her day job. We believe there are millions of people who want to do the same.
REWARDS
10%
Stack Venture Club & Rewards!
Members get an extra 10% shares in addition to rewards below!
Venture Club
Venture Club Members earn 10% bonus shares on top of this and all eligible investments for an entire year. Not a member? Sign up at checkout ($275/year).
JOIN THE DISCUSSION
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PINNED BY STARTUP
Megan Edmonds
3 years ago
You should target Ticketmaster's market (I can see that flat 7% fee being a huge selling point), canvas/connect with event spaces that hold those local and underground shows, get a Geoji widget button that's easily insertable on their websites and allows non-account holding users to interact with the brand through the site. Then with the option being pushed to the Geoji app store page when they're done with their purchase.
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Mario Teel Jr.
2 years ago
Any updates?
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Mario Teel Jr.
2 years ago
How are things going with the company? We haven't had an update in almost a year.
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Mario Teel Jr.
2 years ago
Any updates?
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Brandon Johnson
3 years ago
How is fall traction with pumpkin patches, corn mazes, and other events that could use Geoji?
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Brandon Johnson
3 years ago
Pumpkin patches, corn mazes, haunted houses, Christmas parties, etc. are all just around the corner and a great application of the Geoji platform. What is your marketing plan to get wide adoption quickly so as to maximize revenue during this key growth phase in your first year? How are you getting this tool in front of the people who would use it? Are there pumpkin patch owner blogs that you could advertise on? Any way to get a list of all pumpkin patch LLCs and send out mailers? Any Halloween suppliers you could reach out to for crossover marketing?
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Milind makwana
3 years ago
Love the concept & initial product updates. My genuine question is regarding "discoverability". How would Geoji help in making my event discoverable?. Would appreciate a detailed answer regarding what are the various avenue where Geoji will advertise or market my event?. And what has been the success rate of the marketing?
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Kazi Ahmmed
3 years ago
I downloaded the app from Google Play store, installed and when attempted to open, I was prompted to install updates. Once I touched 'Download Updates' I was taken back to the installation page in play store and the process kept taking in circles. After 4 tries, I uninstalled. This needs to get fixed.
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Caleb Naysmith
3 years ago
For anyone interested, I had the pleasure of sitting down with John Paul and Blane (Co-Founders) and doing an interview with them! Here's the link for anyone looking to check it out (with a few details before that about the company and some things I found!) - https://www.youtube.com/watch?v=QrgxH7VNvSs&t
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HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
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FAQS
With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000 are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, they are limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
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For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
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Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to be sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
PINNED BY STARTUP
Leonardo Sesto
3 years ago
Renaissance festivals would be HUUGE!! Our local renaissance festival has over 200 shops alone on site a lot of which are run in house. There isn't a terminal for every shop because it's so expensive. Letting people use their phones to scan cards could be a serious game changer. Great job guys!
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