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Security Type
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CAFES
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Categories
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Technology, Travel, Restaurant, Other
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Min Investment
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$500
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No. Investors
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74
Key Deal Facts
$150k annual recurring revenue in last 6 months.
Official partnership with American Express Rewards Hypercard.
Over 35,000 organic iOS downloads and 2,000+ paying members in NYC (up 21.1% from last month).
Founders both previously worked in the credit card space at American Express and Capital One.
Extremely capital-efficient. No outside capital raise to-date.
Featured in Forbes, The New Yorker, Gothamist, and other publications.
Management Team / Advisory Board Bios
Tarek ArafatCEO & CofounderEx-PM @ American Express, Data Scientist @ Yext, and Consultant for large Fortune 500 Consumer Brands.
Master of the LinknedIn cold DM., Frank BessonCTO & CofounderTop software engineer at multiple Fortune 500 companies prior to building TableOne.
Computer geek by day.... and by night.
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.