Test the Waters
Chisos

Chisos

Chisos provides a unique source of alternative financing for overlooked and under represented entrepreneurs.

Min investment
$100
Goal
-
Days Left
86
Location
Santa Monica, CA

CrowdLustro Research Report

Security Type
Convertible Note
A convertible security is a security that can be converted into another security, typically equity in the next round of financing.
Industry
Finance
Filed
May 04, 2021
Expires
August 02, 2021
Valuation Cap
$15M

Management

William Stringer, Co-Founder & CEO
Leads investment strategy at Chisos w/ over 10 years of investing experience, including 4 years as Sr. investor at a $1B+ AUM family office driving and managing public and private opportunities, IB at Merrill Lynch. Angel & digital asset investor.

Stephen Grinalds, Co-Founder & CTO
Heads Investment platform tech initiatives & infrastructure. Expert in distributed systems, awarded several patents, co-founded 3 early stage ventures, & advises the UN infotech research division. Former VP Engineering of Emergent Labs.

Ken Aseme, CFO
Financial services professional & qualified accountant w/ vast experience working in senior finance roles, alternative investment management, fund finance, structured finance, & commercial/consumer banking strategy.

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Key Deal Facts

.Addressing the $4T blindspot in startup financing by backing high-potential, overlooked founders.
Unlike banks, we evaluate founders based on future potential, not just assets & financial history.
Chisos’ Convertible Income Share Agreement uncaps equity upside for investors & flexibility for founders.
Wefunder investors receive 3X PREFERRED waterfall position for profit distributions.
Raised $550K pre-seed operating capital & $500K Fund I; currently raising $10mm Fund II.
Developed platform with proprietary underwriting algorithm; automated application & diligence process.
200% online application increase in 2021; 10 completed investments to date.
Proof: ~$20K ISA repayments; Returning ~10% of Invested Capital to Fund I LPs in 2021 (est.).

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