Modtempo

Security Type: Debt/Note
Categories: Consumer Goods & Products
Location: Cleveland, OH
Offering Date: April 29, 2020
Expected Close Date: June 16, 2020
Target Raise: $15.00K-$43.50K

Company Description

Modtempo is a customer-experience focused furniture shop based in Cleveland, OH. We seek to address the problem with the current online furniture market: that most companies are focused on volume rather than providing a customer experience that encourages the customer to repeatedly purchase online.

Our goal is to provide furniture solutions that focus on the customer experience and handle every step of the design, buying, and delivery process. Modtempo solves this problem by providing free inside delivery and setup, superior customer service with a dedicated customer service rep, and training to prepare our employees be a vital resource for online furniture buyers.

Use of Proceeds

Payroll: $20,000

1st 20 cubic ft container: $22,000

Marketing (Facebook ads, google ads, SEO): $10,000

Management Team / Advisory Board Bios

Sid Sodha - CTO
Brandon Miketa - General Manager

Amount Raised : $5,900

Reveal the Score by Voting

＿

Additional ratings from other users are needed to determine a viable CrowdScore for this deal.

The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.

ⓘ

The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.

Business Idea

ⓘ

The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.

Business Traction

ⓘ

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

ⓘ

The value of the company compared to similar companies raising money from investors.

Valuation

Have you done enough research to provide a rating? This is important for your fellow investors.

We only allow one revision to each rating category. Be sure about any changes.

Security Description

A note is a financial security that generally has a longer term than a bill but a shorter term than a bond.

Research Reports

No reports have been submitted

Become a Reporter

Read Our Research Disclaimer

0 Comments

To claim your deal, you must have access to @ email

Contact support@crowdlustro.com if you need assistance.