ReCapturit, Inc

ReCapturit, Inc

Online marketplace exclusively for reclaimed and salvaged building materials.

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Form C
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Security Type
CAFES
Categories
Technology, Retail
Min Investment
$100
Location
Seattle, WA
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$300.00K
No. Investors
24
Security Price
$1
Website
recapturit.com
Number of Employees
4
Cash
$9,392
Revenue
$385
Short Term Debt
$65,883
Cost of Goods
$2,090
Long Term Debt
$0
Net Income
$-69,514

Key Deal Facts

Small Business Sellers are already on marketplace. Products are being loaded daily.
Founding Team experienced in Ecommerce, Startups, Business Ownership, Construction, and Architecture
Revenue generated from commissions; 7.5-17.5%, subscription fees; $0-$79, and referral payments.
US Market of $6.5 Billion and growing.
Building relationships with "super buyers" to foster repeat business and consistent revenue.

Management Team / Advisory Board Bios

Lawrence M. LaMotte Founder / CEO- 25 years of experience in architecture, construction, and facilities management.
- 32 years of contiguous small business ownership., John Harlow Chief Financial Officer- 25 years construction industry expertise
- Leadership in operations, business development, and general management
- Successful international startup experience, Amber Barbee Marketing & Communications Director- 20+ years in ecommerce marketing management, specializing in small business, ecommerce, and start ups.
- 6 years small business ownership, Wendy Kramer Director of Technology- 20+ years of IT Management
- 12+ years owning IT Consulting/Management business., Aaron Boysen Business Development Manager - 10 years of an experience as engineer with specialization in operations and technical support
- 6 years of experience B2B product marketing, economic/financial analysis, and business development.
- BS in Engineering, MBA in Entrepreneurship, Ann Wendell Knowledge and Community Specialist- 20+ years in Competitive Intelligence, Market Research, and Knowledge Management
- Published author, Kat Ralbovsky Operations Manager- 8 years customer engagement and user experience
- Commercial construction supervision, Ellen Kwor Seller Onboarding & Support- 20 years of business development and project management
- Website management
Amount Raised : $54,201
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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.

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