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Security Type
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Convertible Note
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Categories
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Technology, Financial Services, Infrastructure
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Min Investment
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$100
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Offering Date
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May 18, 2021
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Expected Close Date
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April 30, 2025
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Target Raise
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$50.00K-$1.50M
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No. Investors
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333
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Security Price
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$1
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Deal Notes
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Price per share: $1.00
- Number of Employees
- 23
- Cash
- $18,344
- Revenue
- $234,363
- Short Term Debt
- $108,416
- Cost of Goods
- $0
- Long Term Debt
- $250,478
- Net Income
- $-129,827
Company Description
The Contractor Plus Team has created the most comprehensive, user friendly, and cost-effective technology solution for over 60 categories of residential / home services and commercial contractors. And this is just the start. We have one goal, and that goal is to continually adapt to the needs of our clients to help make their lives easier and maximize their productivity and profitability.
Key Deal Facts
Great early traction. $8k+ in revenues, $1.7K MRR, 3k+ active users, 125+ PRO users.
Structured for serious growth and scalability.
Strategic positioning + creative growth hack for maximizing market potential.
A deep understanding of what handyman contractors actually need to perform at their best.
Field Service Management software market has an 11%+ CAGR.
Management Team / Advisory Board Bios
Justin Smith, CEO
Justin grew a property management company from 15 properties to 750+ properties under management and $1m ARR. He managed a maintenance team of 45+ employees, which lead to his deep understanding and passion for the field service market.
Roshan Sethia, CTO
Roshan has managed a team of 25+ designers, developers and IT professionals for over 10 years. He has launched two successful software applications, one with Justin, in 2013. He and Justin met in 2009 and have collaborated daily since.
Akash Parmar, Senior PHP Developer
BA In Engineering from University of Mumbai. 5+ years PHP experience.