nestease

Book On-Demand and Instant Home Services with Local Experts through Our App

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Security Type
CAFES
Categories
Technology, Community & Lifestyle, Service Businesses
Min Investment
$100
Location
Richmond, , VA
Website
nestease.com

Key Deal Facts

Poised to capture the growing $650B+ U.S. home services market, with potential for global expansion
Unique 'On-Demand Autonomous Service Model' unlike the outdated, inefficient traditional model
Targeting $1B+ in revenue over 5 years from the $50B+ lawn mowing market alone (not guaranteed)
Started generating revenue within 5 days of launch
X-Capital One and Startup experienced team

Management Team / Advisory Board Bios

Rakesh V Nair Founder & CEOA technology leader with 25+ years of global experience across startups to Fortune 100 companies, generating $100M+ in annual revenue. Pioneered Capital One's multi-billion-dollar Credit Card Core Modernization. Recognized with 9 prestigious tech awards.
Amount Raised : $65,650
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Business Traction
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Management Team
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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.

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