Nanno

Marketplace Connecting Parents And Vetted Sitters

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Security Type
Crowd SAFE
Categories
Technology, Retail, Consumer Goods & Products, Community & Lifestyle
Min Investment
$100
Location
DENVER, CO
Offering Date
September 27, 2021
Expected Close Date
January 31, 2022
Target Raise
$25.00K-$500.00K
No. Investors
221
Security Price
$1
Valuation
$11,000,000
Website
nanno.com
Number of Employees
5
Cash
$499,021
Revenue
$216,887
Short Term Debt
$61,654
Cost of Goods
$168,961
Long Term Debt
$0
Net Income
$-762,819

Company Description

Nanno lets parents book high-quality, fully vetted sitters on-demand. Nothing is more important to our parent users than their children’s safety. That’s why we’ve built a proprietary 5-step vetting process, which includes a thorough criminal background check, a safety skills test, and a psychometric behavioral test. Nanno is the safest way to book a sitter, online or offline.

Key Deal Facts

Proprietary vetting process: background check, skills & behavioral tests
Growing nationally with over 17K parents and over 35K sitters nationwide
High retention rates from both parents and caregivers
Proven unit economics: $50 CAC vs. $135 profit per user in first 3 months
Annualized GMV of $700K pre-pandemic

Management Team / Advisory Board Bios

Liz Oertle, Founder
Liz Oertle is passionate about leveraging emerging technologies to solve the real-world problems of everyday people – especially parents and families. Before starting Nanno, Liz was a startup lawyer, working with companies of all shapes and sizes.

Nelio Carneiro, Chief Technology Officer
Nelio is a passionate software engineer with more than 10 years of experience in web and mobile development. Nelio received his bachelor’s degree in Computer Science from Federal University of Goias in Brazil.
Amount Raised : $63,872
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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