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