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Security Type
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CAFES
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Categories
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Technology, Retail, Financial Services, Community & Lifestyle
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Min Investment
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$100
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Expected Close Date
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April 30, 2023
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Target Raise
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$50.00K-$400.00K
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No. Investors
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60
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Security Price
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$1
- Number of Employees
- 8
- Cash
- $110,104
- Revenue
- $0
- Short Term Debt
- $0
- Cost of Goods
- $0
- Long Term Debt
- $76,135
- Net Income
- $-87,925
Key Deal Facts
Our mission is to make basic legal services affordable for everyone (UN goal 16)
Enormous TAM. Around 5 billion low- and medium income individuals don't get their justice needs met
Founder market fit. CEO has previously built a $50m revenue B2C legal tech (YC W14, AirHelp)
More than 1,700 lawyers have joined our active legal community
MoM revenue growing double digits, expecting $40k ARR by April, $100k ARR by October
We are backed by two VCs and a part of the exclusive Latitud community of founders backed by a16z
More than 100 customers giving us 5 stars on Google
After Brazil, we plan to expand to the US and other countries in LatAm.
Management Team / Advisory Board Bios
Christian Nielsen CEOPreviously co-founder of B2C legal tech for air passengers, www.airhelp.com (YC W14) that reached $50m in annual revenue. Now taking on the justice gap on a broader scale., Hakim Cherif CPOCreated and sold a B2B product of the data aggregated within www.kiwi.com to the long tail of small travel agents. Grew the product to ARR $10m in just two years., Vinicius Oliveira CTOCo-founded a marketplace connecting people with house problems and workers fixing houses in Brazil, www.fix.com/br. Sold it to a larger competitor., Mariana Naccaratti CMOHands-on growth hacking and digital marketing for almost a decade. Previously, Diesel and IATI.
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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Business Traction
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The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
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The value of the company compared to similar companies raising money from investors.
Valuation
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.
