Pickzen

The conversational search engine for ecommerce brands & retailers

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Security Type
Crowd SAFE
Categories
Technology, Financial Services, Community & Lifestyle
Min Investment
$100
Location
NEWARK, DE
Offering Date
January 27, 2022
Expected Close Date
April 30, 2022
Target Raise
$25.00K-$750.00K
No. Investors
432
Security Price
$1
Website
pickzen.com
Number of Employees
1
Cash
$52,868
Revenue
$130,116
Short Term Debt
$15,764
Cost of Goods
$72,430
Long Term Debt
$0
Net Income
$35,155

Company Description

Vision Pickzen is the next generation of product discovery Our vision is to become the next generation (the third wave) of product discovery, behind traditional tools like the search bar and filters. Now, as face-to-face interaction has forever changed, Pickzen allows customers to lead the buying experience and choose the ideal moment to receive product advice.As brands and retailers regain the ability to "just ask" instead of guessing what their customers want, Pickzen helps them turn skeptical shoppers into confident buyer and drives sales from start to cart. With your funding, we can dominate our industry and scale more quickly to pursue international partnerships and brand opportunities.

Key Deal Facts

B2B Enterprise SaaS that starts at $120K ACV
Featured clients include Jane Iredale, Supergoop!, Hungry Bark, Nuun & more
More than 2M+ engaged users; avg 53% increase in client order value
100%+ increase in conversion rate for our customers
$2.5T market in 2020; Targeted SOM of $600M+

Management Team / Advisory Board Bios

Brendan Medeiros, CEO
Neuroscientist & Medical Interpreter
Pharmaceutical Industry Background

Isidro Garcia, CTO
Telecommunication Engineer, programming since age 11
Full-stack Developer, software architect
Amount Raised : $196,955
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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