PeduL

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Security Type
CAFES
Categories
Technology, Other, Community & Lifestyle
Min Investment
$250
Location
Newark, NJ
Expected Close Date
April 30, 2025
Target Raise
$50.00K-$124.00K
No. Investors
94
Security Price
$1
Website
pedul.com
Number of Employees
3
Cash
$1,872
Revenue
$115,000
Short Term Debt
$70,000
Cost of Goods
$10,000
Long Term Debt
$0
Net Income
$-15,000

Key Deal Facts

Official Partner of the New Jersey Devils (Check out our logo on their Helmets)
Forbes 30 Under 30 Recipient (2023)
Techstars Company (Prestigious Accelerator)
Met with the Vice President at White House to explore PeduL’s innovative plans to cut unemployment
Notable Clients: Paramount, Amazon/Audible, Ticketmaster, Live Nation, Prudential

Management Team / Advisory Board Bios

Chisa Egbelu Chief Executive OfficerGoogle Alum, iHeartMedia Alum, NBCUniversal Alum, Rutgers Alum, Cap & Skull Senior Honor Society, Forbes 30 Under 30, Vivek PanditChief Innovation OfficerBrown Alum, Award-winning author, TEDx Speaker, Forbes 30 Under 30, Sayyid AliChief Technology OfficerVideo game developer by trade, known as The People's Dev for his work in community and municipal projects. Forbes 30 Under 30
Amount Raised : $128,450
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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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