-
Security Type
-
CAFES
-
Min Investment
-
$100
-
Expected Close Date
-
April 29, 2024
-
Target Raise
-
$50.00K-$124.00K
-
No. Investors
-
80
-
Security Price
-
$1
- Number of Employees
- 1
- Cash
- $40,773
- Revenue
- $154,815
- Short Term Debt
- $47,828
- Cost of Goods
- $110,188
- Long Term Debt
- $5,280
- Net Income
- $-160,694
Key Deal Facts
Over 400% growth in revenue from 2020 to 2023
Average of 88% of our monthly users are repeat users
Contracts secured for employee perks at Google Atlanta, Children's Healthcare of Atlanta & The Lola
Average monthly spend/customer has grown from $155 in 2021 to $227 in 2023
Intersection of the $3.8B on-demand home services market, and the $3.5B employee concierge market
Currently serving most of Atlanta, plans to expand into next new city in 2024
Growth thus far has been fueled almost exclusively by referrals and word of mouth
Management Team / Advisory Board Bios
Tamara V Lucas CEOMSW with 20+ yrs experience in service, sales and management in the fine wine industry. Graduate of Emory's Start:ME program, City of Atlanta’s Women’s Entrepreneurship Initiative, and Techstars Atlanta 2022., Jonathan Richter Head of ProductFounder and CEO of Winnona Partners, a custom software development and consulting company. Research Fellow - The Fulbright Program, Chris WaterburyLead DeveloperCTO & Developer at Winnona Partners, a custom software development and consulting company. Previous founder and CTO for tech startup., Anna Kanze HamiltonOperations and Strategy MBA, Advisor on green job creation & gender and racial equity. Oversaw operations at Croatan Institute. Launched impact vehicles for gender & income equity at Grassroots Capital Management.
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.