Sig2 Labs

Perfect timing —no more delays for work on properties and job sites

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Security Type
CAFES
Categories
Technology, Infrastructure
Min Investment
$100
Location
Mountain View, , CA
No. Investors
15
Website
sig2.com

Key Deal Facts

$250k raised in 2024 from two Angel investors
Sig2 is field tested across use cases with location-based audio messages heard across the US.
A unique combination of leadership experience in software and construction.
30 years experience in construction management and operations with deep industry relationships.

Management Team / Advisory Board Bios

Kai BrunnerCEO & Co-founder25 years in software product design for Silicon Valley startups. The last 15 in enterprise software with a market leading platform used by Fortune 100s., Mike SimsInvestor, Advisor & Board MemberSenior executive in construction operations, having worked on large scale commercial projects across the US., Prashanth DuggishettiTechnology Partner & Venture StudioSilicon Valley Software Engineer turned founder of Ellenox, the venture studio in India that takes startups from concept to market readiness., Kishor KumarFounding EngineerDeep expertise in Web Application development. Over 10 years experience in the E-learning domain, architecting software from the ground up., Eric Vincent MitchellInvestor & Board MemberRetired AT&T executive. Over 30 years experience in HR leadership with deep expertise in leading strategic change and growth initiatives., James Brown IIIAdvisorSales and customer success executive with extensive experience in SaaS and Enterprise Software across global markets.
Amount Raised : $53,500
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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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