Koha

Koha

Shop local, raise money, earn rewards

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Security Type
SAFE
Categories
Education
Offering Date
July 11, 2018
Expected Close Date
October 09, 2018
Target Raise
$60.00K
Deal Notes
  • Future Equity (SAFE)
  • $1.5M valuation cap

Company Description

With KOHA, small businesses, schools, & nonprofits mutually benefit one another. We encourage the “Community Heroes” of small businesses to donate a portion of a customer’s purchase to schools and nonprofits communities. Those same communities rally to support those small business partners in return. Local families and individuals earn personal rewards that can be used universally with any KOHA merchant, creating a true community network of giving.

Perks

$100+ Get props. Get a personal handwritten thank you from Founder Shaun Black, Co-Founders CEO Janet Alikpala & CTO Alexandra Carlson.
$200+ Dial-My-Heart. A valuable 15-minute phone call and gain tips on making a project happen from Founder Shaun Black, Co-Founders CEO Janet Alikpala & CTO Alexandra Carlson.
$500+ Portable KOHA party. A small-batch box of goodies from local KOHA merchant partners, non-perishable goods. 
$1,000+ FORE! Enjoy a one round of golf with Founder Shaun Black at Crystal Tree Country Club in Orland Park, Illinois.
$2,500+ VIP FOURSOME! Enjoy a round of golf with Founder Shaun Black and two other players in your group at Crystal Tree Country Club in Orland Park, Illinois.
$5,000+ Personal lunch date with Founder Shaun Black, Co-Founders CEO Janet Alikpala & CTO Alexandra Carlson.
$10,000+ Framed KOHA Stock Certificate plus KOHA Water Bottle, plus personal lunch date with Founder Shaun Black, Co-Founders CEO Janet Alikpala & CTO Alexandra Carlson.
$15,000+ Sponsored trip to KOHA in Chicago, IL ($1000 max) to meet KOHA's Founders, Framed KOHA Stock Certificate plus KOHA Water Bottle, plus personal lunch date with Founder Shaun Black, Co-Founders CEO Janet Alikpala & CTO Alexandra Carlson.

Key Deal Facts

Self-funded development through BETA
Established partnerships with a Chicago-area school district and two local nonprofit organizations as KOHA's pilot and launch market
Attracted an experienced team of entrepreneurs, fundraising experts, and technology leaders as executives, board members, and advisors
Robust, fully-functioning merchant solution currently being piloted

Management Team / Advisory Board Bios

Janet I. Alikpala
CEO, Co-Founder
Leader in nonprofit & corporate foundation fundraising, campaign development.

Shaun Black
Founder, Innovator
Serial entrepreneur who's built successful ventures, experienced failure, reinvented, grown. The most important thing he's learned through two decades of business: when in doubt, add value.

Alexandra Carlson
CTO, Co-Founder
Developing KOHA's technology to business goals

Deal Notes

  • Future Equity (SAFE)
  • $1.5M valuation cap
Amount Raised : $21,050
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Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

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