Restflix

Restflix

A science backed streaming service revolutionizing the $64B sleep aid market

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Security Type
Crowd SAFE
Min Investment
$100
Location
Lakewood Ranch, FL
Offering Date
May 26, 2021
Expected Close Date
April 30, 2022
Target Raise
$25.00K-$1.07M
Valuation
$5,000,000

Company Description

Vision Creating an unparalleled sleep experience Restflix is building a platform to drive the $64B sleep aid market. By focusing on better and deeper sleep, Restflix has the potential to acquire millions of subscribers.Our goal is to have 50K+ app subscribers by EoY 2021 and 150k subscribers over the next 24 months, helping people across the world access better and deeper sleep.

Key Deal Facts

Named Best Sleep App to Drift off to by Livestrong
Established product-market fit with scalable growth & low operating costs
$64 Billion addressable sleep aid market
Featured on CNN, Rachael Ray, Entrepreneur, Good Morning America & more
Led by a seasoned entrepreneur and team that knows marketing and technology
Growing globally with high retention rates from our subscribers

Management Team / Advisory Board Bios

Kevin Hillman, Founder & CEO
Kevin Hillman is obsessed with redefining the sleep market. He has won multiple awards and was recently named a 40 under 40 award winner by the Business Observer. Kevin is a seasoned veteran of the video and tech industry with over 10 years of experience developing video teams to target marketplace opportunities and video syndication deals. Hillman served as the president of Powr, a video syndication, and monetization platform, before launching Restlix.
Amount Raised : $85,237
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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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