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Security Type
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SAFE
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Categories
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Travel
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Location
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Delray Beach, FL
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Offering Date
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June 28, 2018
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Expected Close Date
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September 26, 2018
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Target Raise
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$250.00K
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Deal Notes
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- Future Equity (SAFE)
- $5M valuation cap
- 20% discount
Company Description
HUMAN AIRLINES ARE TERRIBLE FOR PETS. PET AIRWAYS IS THE SAFE ALTERNATIVE. Our “pawsengers” fly in the main cabin of our aircraft, continuously monitored by our On-Board Pet Attendant. We make sure our pawsengers are safe, comfortable and have lots of fresh air and that the temperature is just right. We are a pet-only airline run by pet people where it’s all about providing a quality travel experience for pets.
Perks
$500+ $50 off a flight on Pet Airways for your four legged best friend.
$1,000+ $100 off a flight on Pet Airways and an "I flew Pet Airways" T-shirt for your four legged best friend.
$2,500+ $300 off a flight on Pet Airways, an "I flew Pet Airways" T-shirt for your four legged friend, and a "My pet was a pawsenger on Pet Airways" T-shirt for you.
$5,000+ One FREE one-way ticket anywhere in the U.S., a T-shirt for your four-legged friend, a T-shirt for you, and a post of your pet's flight on our website and newsletter.
$25,000+ You or your company's name as a Pet Airways sponsor on our website.
$100,000+ Pet Airways Airport Lounge Facility naming rights, with associated outdoor signage.*
$500,000+ Pet Airways aircraft naming rights. Your name or company name on the aircraft for all to see.*
Key Deal Facts
The founder of The New Pet Airways previously ran a similar business "Old Pet Airways", which generated $2.75M in its last year of operations, flying over 9,000 pets to 9 cities in the U.S.
Old Pet Airways was getting over 10,000 requests per month to cities not serviced.
We demonstrated that the demand exists, that the business model works and that pricing is such that the service can be profitable
Recent posting of a "coming back" post on Facebook was viewed by over 145,000 people. A 58,000 person "coming back" email campaign generated a 25% open rate.
Old Pet Airways' initial launch was reported on by over 5,000 TV, Internet, Newspapers and Radio shows throughout the world
According to PR Newswire, the Old Pet Airways initial launch announcement was the most successful press release regarding the launch of a company ever experienced by them
Jay Leno played the the Old Pet Airways commercial in his monologue as a basis for a joke about pets. Value of commercial topped $5M according to knowledgeable sources.
The Learning Curve has been paid for by the Old Pet Airways, which ceased operations after not being able to raise the final amount of funding we needed in 2009. All the knowledge is ready to be infused into The New Pet Airways, providing a quick-start towards profitability, and reduction of risk associated with a start-up
Management Team / Advisory Board Bios
Dan Wiesel
CEO/Founder
I am a multi-talented serial entrepreneur with skills in many disciplines. I am very creative and like to solve problems, always finding ways to get things done. My mantra is: “ A Day is a Week”.
Alysa Binder
Chief Marketing Officer/Founder
Successful start-up consultant to multiple Silicon Valley startups. Built eBay's founding team.
Deal Notes
- Future Equity (SAFE)
- $5M valuation cap
- 20% discount