Kaboodle

Kaboodle

The social media platform for pets and their parents

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Security Type
Convertible Note
Min Investment
$100
Location
San Mateo, CA
Offering Date
February 23, 2021
Expected Close Date
April 30, 2022
Target Raise
$50.00K-$1.07M
Deal Notes

Price Per Share: $1.00

Company Description

Kaboodle provides a unique and comprehensive platform that fully engages pet-owners and combines all pet-related topics and content in one place. Kaboodle is designed for pet/animal lovers to quickly identify crucial medical services, find relevant pet information and shop for various services, while simultaneously developing a global community for pet-owner social interaction.

Key Deal Facts

Kaboodle.pet is a fully developed site and ready to launch Q1, 2021
The pet space is over $80B annually and is historically recession proof as was shown in the 2008 recession growing 5.4%
Kaboodle offers an affordable local advertising platform for the underserved local pet services provider
Pet people are among the MOST passionate in any market and spare almost no expense for their animals
Team of serial entrepreneurs with experience building successful internet and hospitality companies

Use of Proceeds

$50,000 

  • 83% marketing / PR, 10% continued development continually adding new features, 7% Wefunder fees 

$1,070,000

  • 7% Wefunder fees, 51% Advertising and marketing, 12% sales and salaries, 6% continued development, 8% T&E and hosting - 4% payroll and benefits, 12% General administrative 

Management Team / Advisory Board Bios

Larry Loyd, CEO
Founder of Kaboodle, Inc. has had several successful businesses including, 6 restaurants, the largest country club interior design firm in the western US and a logistic monitoring company monitoring high value cargo including Covid vaccines worldwide

Christopher Pigusch, Lead Designer
Launched multiple successful internet companies such as SecureChat and also Healthcare Insights. Chris was instrumental in launching Instatrack as well. Chris works as an Independent Contractor

Abhi Chatterjee, Lead Developer
Owner and developer numerous successful internet enterprises including Healthcare Insights and Instatrack. Abhi owns Grista Technologies and his company works as Independent Contractors

Deal Notes

Price Per Share: $1.00

Amount Raised : $62,265
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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