Vital Card

Vital Card

Future of Social Credit Cards

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Security Type
Common Stock
Categories
Financial Services
Min Investment
$500
Location
New York, NY
Offering Date
November 19, 2020
Expected Close Date
April 30, 2021
Target Raise
$10.00K-$1.07M
Deal Notes

Price per Share: $1.03

Valuation
$10,000,000

Company Description

VITAL Card is a new social credit card that pays users to share and spend responsibly, giving cardholders cash back (forever!) for each new referral and competing for up to 5% cash back.

Key Deal Facts

In 2020, credit card issuing programs generated $103.9 billion in revenue.
VITAL Card’s pre launch campaign went viral, giving the company over 150,000 new waitlist members and over 1 million views across YouTube, Facebook, WhatsApp and Telegram.
Our partnership with Evolve Bank and Trust and its positioning in the mainstream consumer credit space has the potential to put our card ahead of its competitors.

Management Team / Advisory Board Bios

Chris Bridges
CEO & Co-founder
Chris is a serial tech entrepreneur, previously CEO & Co-Founder of Vessix – tech enabled virtual credit card / software company in aviation, which was acquired by Flying Software Labs in 2017. Chris has over 15 years of payment industry experience.

Adam Spencer
COO & Co-founder
Adam has a 20+ year career driving: sales, strategy, organizational planning and operations, in senior executive management leadership positions at two of the largest global financial institutions (JP Morgan, BBVA). Adam typically spends 5-10 hours at VITAL Card per week.

Vincent Bradley
Board Member & Co-Founder
Vincent is a serial tech entrepreneur, previously CEO & Co-Founder of FlashFunders – a tech-enabled investment bank, which was acquired by Boustead & Company in 2017. Vincent is a fierce competitor, who is passionate about building great teams.

George Akouri
Head of Product
George is a data and results-driven product manager. Having started and run his own businesses, he thinks holistically when attacking problems. George previously led product and engineering teams at Philosophie as well as worked at Goldman Sachs before joining VITAL. George typically spends 5-10 hours at VITAL Card per week.

Lennon Rubin
Head of Growth
As VITAL’s Head of Growth Lennon brings over a decade of conversion optimization and web analytics knowledge to the team. Having run Smooth Conversion for 10+ years, Lennon has worked with dozens of venture-funded companies to help them achieve their growth goals. Lennon will be working 10 hours per week at VITAL.

Jamison Caloras
Lead Product Designer
Jamison is a user-centered designer that uses research and data-driven processes to design and build world-class products. Prior to joining VITAL, Jamison was a design lead at Philosophie, one of NYC’s premier digital product agencies. Jamison will be collaborating with the VITAL product team 5-10 hours per week.

Will Noll
Lead Senior Engineer
Will is a serial entrepreneur and experienced software engineer who leads the VITAL engineering team around 10 hours per week. Will has a track record of leading new product development including ideation, product strategy, prioritization, and scalable architecture. Will typically spends 5-10 hours at VITAL Card per week.

Dylan Satin
Head of Marketing
Dylan is a metric driven marketer. Prior to joining VITAL Dylan founded CrowdTap, an equity crowdfunding marketing agency, that successfully helped companies raise over $40M from 2016 to 2017. Dylan typically spends 5-10 hours at VITAL Card per week.

Joseph Cohen
CTO
Joseph Cohen, former VP of Information Systems and e-Commerce at AutoLand Inc/TrueCar inc. and CTO at OrderMarket Inc. has more than 20 years’ experience in system architecture design and management. He is an expert in the core programming languages required to build IT systems. Joseph is a graduate of California State University, Northridge. Joseph typically spends 5-10 hours at VITAL Card per week.

Deal Notes

Price per Share: $1.03

Amount Raised : $1,004,631
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Security Description

Common stock is a security that represents ownership in a corporation.

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