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Security Type
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CAFES
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Categories
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Technology, Financial Services, Service Businesses
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Min Investment
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$100
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No. Investors
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747
Key Deal Facts
Reservation required
Enormous Market: Firesale is reshaping a $1T (by 2029) used goods resale market.
AI-powered: One tap and listed for sale in under 2 seconds.
Notable Investors: Already raised $200,000+ from Ex-Uber, Citrix & Digital Ocean executives.
Repeat Founder: Raised more than $20M in VC funding and led business exits of $140M+.
Management Team / Advisory Board Bios
Notable Angel
Raised $25k or more from a notable angel investor, Repeat Founder
Started a prior company with $2M+ in funding or revenue, Anthony LongoFounder & CEO3x Founder raising more than $20M in early-stage venture capital. Proven product and marketing executive who has led and directly supported venture exits north of $140M., Andrew ZhukHead of PlatformExperienced software engineer with over 15 years of driving innovation and delivering impactful technological solutions. Have been a principle founding engineer in 5 early-stage startups., Serhii HlushchenkoLead Mobile Engineer15 years of experience in developing native iOS applications and scalable mobile solutions, most recently supporting an application with more than 10M+ downloads., Sydney AustinHead of Social & CommunitySydney is a dynamic and influential social media and content creator who heads Social & Community strategy here at Firesale., Jessie GarciaGrowth Marketing & PartnershipsMarketing ambassador and launcher for the DoorDash Campus Program and also lead a 12-person team as the US West Division Lead for Celsius.
Amount Raised
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$2,209,383
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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.