Bunny.money

Save for Good

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Security Type
CAFES
Categories
Technology, Financial Services, Social Impact
Min Investment
$100
Location
San Francisco, CA
Offering Date
November 10, 2021
Expected Close Date
July 30, 2022
Target Raise
$50.00K-$250.00K
No. Investors
108
Security Price
$1
Website
bunny.money
Number of Employees
3
Cash
$17,136
Revenue
$0
Short Term Debt
$9,651
Cost of Goods
$13,241
Long Term Debt
$84,300
Net Income
$-116,259

Company Description

The app to Save money while Donating to your favorite Nonprofits. 

Did you know that when you donate $100, the Nonprofit only gets $89 to $97? ($9B is lost each year to donation processing fees!).

That’s why we’ve created bunny.money — so you can easily donate to your favorite Nonprofits with zero — yes, zero! — processing fees. And the kicker is, our platform simultaneously helps you allocate income into your own personal savings to earn a 1% interest!

Because we believe in a more responsible approach to money — both personally and for your community. So let’s come together and disrupt Giving: Let’s save for good®

Key Deal Facts

Backed by Angels with experience at banks (Wells Fargo, ABN AMRO) & Nonprofits (EARN.org, Wefarm)
🇺🇸 100M Americans donate both time & money — to the tune of $324B (+5% YoY). Total Market is $1.6T
We’re already partnered with 25+ Nonprofits that engage with 140K+ employees, volunteers & donors
App is currently live in app stores & soft launched. Waitlist of 700+ ppl (filtered)
Highly scalable & low-cost tech stack (graph, microservices, on top of blockchain provider)
Founders bootstrapped this banking service with extremely limited expenditure
Diverse founders: Immigrants, LGBTQ+, low-income, with a multicultural team

Use of Proceeds

The funds gained here will support our growth by helping pay for:

  • Vital company resources
  • Expanded marketing
  • And the banking platform

Management Team / Advisory Board Bios

Fabien Lamaison, Founder & CEO
Expert in Fintech. Seasoned product leader who’s launched and scaled several B2B2C platforms. Experience in ecommerce, customer service, and digital health.

Cyril Goust, Co-founder
Full stack developer; expert in architecture, micro services, cybersecurity. Experience in the aerospace, customer service, and banking industries.

Thomas Ramé, Co-founder
Expert in full stack development, blockchain & machine learning, open source projects. Worked in the R&D department of a cooperative digital bank.
Amount Raised : $104,100
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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.

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