Floqsta

Connecting like-minded people for travel with Artificial Intelligence

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Security Type
CAFES
Categories
Technology, Other, Travel, Retail, Financial Services
Min Investment
$250
Location
Boston, MA
Expected Close Date
April 30, 2025
Target Raise
$50.00K-$1.24M
No. Investors
42
Security Price
$1
Website
floqsta.com
Number of Employees
5
Cash
$1,192
Revenue
$0
Short Term Debt
$132,224
Cost of Goods
$0
Long Term Debt
$755,000
Net Income
$-479,373

Key Deal Facts

Connecting like-minded people for travel with proprietary AI-enabled social matching algorithms
200 million young people prioritize travel, but 1 in 4 trips are cancelled for lack of companions
Users love the App, call it a “revolutionary for solo travelers” and “best social travel concept”
$1 trillion leisure travel market for Gen Z and young millennials, addressable market $30billion
Highly scalable business model: forecasting 20 million users and $1 billion annual revenue by 2030
First mover into a white space at the intersection of travel & matchmaking, elevating social travel
Strong diverse founding team with decades of experience in travel, technology, AI, and social media
Backed by travel industry executives with $700,000 pre-seed round

Management Team / Advisory Board Bios

Dasha Kuksenko Co-founder and CEOVisionary leader within Travel, Aviation and Travel Tech industries, with excellent execution skills and a record of delivering significant growth & international expansion. Extensive travel industry knowledge and wide processional networks., Michael Huynh Co-founder and Head of TechnologyFounder/CEO/CTO of digital platform providers to travel industry developing industry leading retail, merchandizing and eCommerce capabilities. 
Built product and engineering teams of 80+ staff from the ground up., Alan WalkerChief Data Scientist, Head of AIMore than 30 years of data science & operational research experience in travel and social media, delivering innovative decision support projects for travel.
Innovative technologies, structured & unstructured data, data science, AI/ML, architecture., Gordon LockeCo-founder and Marketing GuruAn award-winning marketer in consumer brand & content marketing across technology, travel, financial, hospitality, and health/wellness verticals. Behavioral research and brand activation work with Gen Z and Millennial segments for travel brands., Laura Kiernan Fractional CFO and Board Director30+ years of experience crafting transformative investor relations and corporate strategies. Expertise in early-stage fundraising, crowdfunding, activist investor campaigns, new issuances for complex securities. Experienced Board Director., Eugene ValuiskisHead of ProductFounder, product & technology head at multiple consumer start-ups and event platforms. Expertise in developing product roadmaps, leading development teams, consumer acquisition and conversion, community engagement, AB tests and product hypotheses.
Amount Raised : $245,100
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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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