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Security Type
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CAFES
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Categories
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Technology, Financial Services, Retail, Community & Lifestyle
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Min Investment
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$100
Key Deal Facts
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Raised $1.5M in 2020. Lean operating model, low burn, hustle culture produces low risk & strong ROI π°π°π°
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Established Company - Operating for 3+ years, delivering in more than 150+ cities, and very soon two more countries πΊ
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A.I. Driven Tech - No recipient address or personal data required to send & receive gifts & products π€
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Strong Repurchase Rate - Leads to strong customer lifetime value & low customer acquisition cost for better margins π
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Influencers & Creators - Used and endorsed by some of the most popular faces across social media πββοΈ πββοΈ
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$300+ Billion Market - Conquering the consumer & B2B shopping, gifting & logistics industry π
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Notable VC & Angel Investors - Backed by Expert Dojo, New Age Capital & LunaCap Ventures and others π¨βπΌπ©βπΌ
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$20MM+ Projected Revenue for 2023 (not guaranteed) - Plans to expand into multiple countries & new cities π
Management Team / Advisory Board Bios
Notable Angel
Raised $25k or more from a notable angel investor, Ben Labra CEO & Co-Founder20+ Years Experience - Ops, Tech, Law 1X Previous Soft Exit - yondster.com Columbia B-School & Wash-U Law, Daniel Sosunov CTO & Co-FounderBuilt a startup from the ground up. Successfully launched multiple products that deal with C2C, B2B, Logistics, and Internal tools for our employees., Asim CambrelenCOO20+ yrs of executive, consulting, six sigma and operations experience. From start-up to healthcare including policy and admin, PMP-E, IT and MIT-Data Transformation. BS in CompSci and international business.
Reveal the Score by Voting
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The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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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
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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.