Muvr

On-Demand Moving, Same-Day Furniture Delivery, Junk Removal, Labor & More

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Security Type
CAFES
Categories
Technology, Community & Lifestyle, Service Businesses, Financial Services
Min Investment
$500
Location
Wilmington, DE
Expected Close Date
April 30, 2025
Target Raise
$50.00K-$1.24M
No. Investors
139
Security Price
$1
Website
muvr.io
Number of Employees
3
Cash
$7,087
Revenue
$195,192
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$36,402
Net Income
$91,604

Key Deal Facts

Gig Worker Empowerment: Muvr's mission is to empower gig workers.
Profit with Purpose: Balancing profit and social responsibility.
Minority-owned: Founder and spokesperson Rico Suarez has a combined total of 1 million followers.
Led by a serial entrepreneur and team with years of mover backgrounds and deep tech knowledge.
$2,000/day in profit after launching only in Los Angeles County, CA., recently on November 1, 2023.
25 gig workers signing up daily with $0 CAC, entirely word of mouth.
90% of users acquired through word-of-mouth referral
Proven Product, Market and Fit
Amount Raised : $77,430
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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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