Fluz App

Fluz App

Earn Cashback Forever

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Security Type
Other
Categories
Other
Min Investment
$201
Location
New York, NY
Offering Date
May 01, 2020
Expected Close Date
August 01, 2020
Target Raise
$10.00K-$1.07M
Deal Notes

$0.96 per share

Security Type: Class A Common Stock

Valuation
$23,100,000

Company Description

Earn cash back while you shop, and keep earning whenever your friends do. Fluz is the cashback app that gives you the potential to make real passive income. You’ll earn money on everyday purchases like food, TV, rides, movies and clothes, and earn even more when your friends (and their friends) buy stuff too. Earning fractions of a percent back on your own purchases won’t change your life, but Fluz members earn at an exponential rate. With Fluz, members can earn fractions of a percent from a network of thousands.

Perks

Tier 1 - $500: 3 vouchers giving investors 35% cash back at Starbucks, UberEats, Domino's, Spotify and other featured merchants; Investors will receive a $5 app credit after their account activation; Fluz branded stickers that you can put on your laptop or phone.
Tier 2 - $1,000: Investors get to join in on the invite-only leadership call with other Fluz leaders working the business to share the Fluz product; Fluz branded sticker set and stainless steel water bottle; Investors will be added to the “Tomorrow’s News” email newsletter sharing all upcoming Fluz announcements before they go out to the public.
Tier 3 - $5,000: Fluz branded t-shirt and cap, sticker set and stainless steel water bottle; Access to host a Fluz cash back event with a select group of friends. Fluz will boost the cash back rate on any merchant of their choice for a 12 hour period.
Tier 4 - $10,000: Fluz branded t-shirt, hoodie and cap, sticker set and stainless steel water bottle; Access to advisory quarterly meetings to contribute to company direction and product development.
Tier 5 - $25,000: Dedicated day with founder to walk through entire company; Fluz branded t-shirt, hoodie and cap, sticker set and stainless steel water bottle + $500 credit to Fluz gear shop.
*All perks occur when the offering is completed.

Key Deal Facts

We broke 30,000 users in the first 100 days from launch, with 75% of users coming from referrals and $0 spent in paid advertising
Lifetime Revenue - Over $10M Gross Merchandise Volume transacted via Fluz in just 6 months
Our merchant partners include Amazon, UberEats, Walmart, Starbucks, Chipotle, Nike, Home Depot and more.

Use of Proceeds

Marketing: 10 - 38.5%

Inventory: 20 - 35%

Research & Development 10 - 40%: 

Working Capital: 13 - 26.5%

Start Engine Platform Fees: 3.5%

Management Team / Advisory Board Bios

Maurice Harary - CEO, Director

Deal Notes

$0.96 per share

Security Type: Class A Common Stock

Amount Raised : $533,331
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