The Postage

The Postage

Legacy Planning Made Simple

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Security Type
Convertible Note
Min Investment
$100
Location
HOUSTON, TX
Offering Date
November 04, 2021
Expected Close Date
April 04, 2022
Target Raise
$50.00K-$500.00K
No. Investors
198
Security Price
$1
Valuation
$10,000,000
Website
thepostage.com
Number of Employees
6
Cash
$384,372
Revenue
$93
Short Term Debt
$5,550
Cost of Goods
$0
Long Term Debt
$935,154
Net Income
$-540,148

Company Description

The Postage was founded to make legacy planning simple and affordable for all. The comprehensive platform was designed to guide consumers through everything they need to keep their legacy and family organized – all in one place. It’s not just a will-maker, an end-of-life planner, a password manager, or a niche document storage platform with built-in family sharing. It’s a holistic platform that aims to democratize the whole planning process for those of us who can’t “just make a call” when something unexpected happens. Since co-founder and CEO, Emily Cisek went full-time into the business a year and a half ago, the company has gained initial consumer traction, launched a robust platform and mobile app, added its online will maker in eight states (AZ, CA, FL, IL, NC, NY, PA, TX), been featured by Real Simple,ii Thrive Global,iii Parents,iv and the Houston Chronicle,v and entered into discussions for a strategic partnership with a major insurance and finance group that has large consumer distribution. To date, the business has raised ~$1.2M and plans on utilizing funds from this offering to continue product and geographic expansion, invest in its research and development roadmap, and market its product.

Key Deal Facts

In discussions for enterprise-level strategic partnership with major insurance and finance group
1,140+ users on the platform since beta launch in July 2020
Recruited board members that currently serve on the board of Bumble (Nasdaq: BMBL) and have previously held senior leadership positions at HomeAway
Company’s technology was featured by Microsoft in the keynote at .net conference in November 2020i

Management Team / Advisory Board Bios

Emily Cisek
Co-Founder and CEO
After witnessing how difficult it was to wrap up the details of a loved one’s life, Emily Cisek knew there had to be a better way. It was then that she decided to create The Postage, a solution for people who wanted to manage their information and effectively control the aftermath of life.

Robbie Wright
Co-Founder and Board Member
As a veteran e-commerce entrepreneur, Robbie Wright has spent nearly two decades using digital marketing to help companies acquire and manage customers to build and grow their businesses. An expert in conversion flow and user experience, he has been directly involved in two successful start-up exits.

Ken Myers
CTO
Ken Myers has worked as an early team member at multiple technology companies since 1999, with a specific focus on consumer internet operations, marketing, information technology, and cybersecurity.
Amount Raised : $85,311
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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