-
Security Type
-
CAFES
-
Categories
-
Technology, Entertainment, Education, Healthcare & Medical, Community & Lifestyle
-
Min Investment
-
$100
-
Offering Date
-
June 09, 2021
-
Expected Close Date
-
April 08, 2022
-
Target Raise
-
$50.00K
-
Security Price
-
$1
Company Description
PrimeMinds is your digital sidekick for all your personal development needs. Enjoy all the best habits, tools, content, and support to help you succeed in your own way, at your own time, all in one app. We gamified your self-improvement and made it convenient! Now you can have fun and easily stay on track while you’re growing, staying motivated, and manifesting “your” dream life!
Key Deal Facts
Established A Content Partnership With Bob Proctor & The Proctor Gallagher Institute.
Raised $100k Pre-Seed, Acquired 240+ Paid Users, & 50+ Positive Reviews.
CCO, Diane A. Worked with Bob Proctor, Tony Robbins, the Secret, & Other Top Industry Names.
First to Market! There Are No Established Apps in Our LOA & Manifestation Niche Market .
Trending Personal Development Industry: 5.1% Annual Growth & $40B Dollar Market Opportunity!
Untapped Personal Development App Market: Low-Quality Competition & Tons of Organic Traffic.
Featured in CBS News, USA Today, NBC, and Fox News!
Everyone Who Lives by This Material Gets To Be Part of This Company Together! Unstoppable Energy.
Use of Proceeds
Within the next two to three years, we will be making significant implementations and utilize our other monetization strategies to sky-rocket our user growth and revenue.
Management Team / Advisory Board Bios
Daniel Russo, Founder and Co-CEO
7+ years of app startup experience. Co-founder & CEO of Vyve, a "personality-first" dating app, investment adviser, and successfully created and sold an e-commerce site.
Evan Teitelbaum, Founder and Co-CEO
7+ years of startup experience and raised in a family of successful entrepreneurs. Co-founder of Vyve and business strategist of Penalty Box Fit, which generated $2.5M+ in revenue & was featured in Men's Health as "Top Fitness Products of the Year".
Bob Proctor, Content Partner
Has been the foremost authority in the personal and professional development field for more than half a century. Is widely regarded as the Godfather of personal development, and when it comes to mastering the mind – he is simply the best.
Reveal the Score by Voting
＿
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
Valuation
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.