Security Type
CAFES
Categories
Technology, Y Combinator, B2B, B2C, Home Tech, Notable Angel
Min Investment
$100
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$1.07M
No. Investors
106
Security Price
$1
Number of Employees
15
Cash
$37
Revenue
$20,000
Short Term Debt
$0
Cost of Goods
$11,150
Long Term Debt
$6
Net Income
$163,391
Key Deal Facts
Solid traction: successfully registered 7,000+ homeowners & 1000+ technicians
Highly experienced team: founded local home service company and grew it to $4.7M+ in revenue
Supported and backed by Bay Area VC funds and Daniel Curran (Forbes #7 Angel Investor,15+ Unicorns)
Featured in top media outlets: Forbes, Entrepreneur Techbullion, Tech Times
Huge Partnership Opportunities: Airbnb, Zillow etc., Home Insurances , Smart Home Automation
Management Team / Advisory Board Bios
Rafael Zeitunian CEOCo-Founded the first company at the age of 19 and bootstrapped it to $5M in sales without any external investments. 10 year experience in building and managing sales teams of 80+ people., Maxym Sereda CMOBootstrapped home service company from $0 to $5M in 3.5 years. Successfully founded his first marketing agency at the age of 17. Launched multiple brands and products on Amazon marketplace. Lyft Ambassador who brought over 20k+ in new customers., Daniel Curran Investor & AdvisorForbes #7 Silicon Valley Super Angel/VC Investor - Strategy & Business Advisor_x000D_
Serial 14x Founder, & Exec - $170M in exits - in 176+ startups + 15 Unicorns - CABIFY – Dollar Shave – Cruise, Artur Grandi Investor & Product AdvisorPhD in Economics, Founded construction company and bootstrapped it to $64M+ in revenue just in 5 years, Keith O Cagle Home Service Technical AdvisorThird generation plumber with 30+ years of experience. Owned and successfully sold 10M+ home service company.
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Security Description
A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.