BabyVend

Changing the way families travel by providing the supplies they need on the go

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Security Type
Convertible Note
Categories
Technology, Retail, Social Impact, Travel, Consumer Goods & Products, Community & Lifestyle
Min Investment
$100
Location
Anchorage, AK
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$250.00K
No. Investors
142
Security Price
$1
Website
babyvendunlimited.com
Number of Employees
2
Cash
$36,015
Revenue
$410,649
Short Term Debt
$132,274
Cost of Goods
$0
Long Term Debt
$0
Net Income
$83,538

Company Description

These machines make it easier for families to travel and add a sense of security but they will also lead to economic opportunities for individuals looking to run their own machine in their community. Families (mine included) will be able to enjoy the time together vs. stressing about what they did or did not pack. Families will be able to plan for their trip and know that the customized products and travel information that they need will be in all locations of trip. 

Perks

100 - Special thank you on our social media platforms. 500 - Previous perk plus hyperlink to your organization or business page on our website (if no organization or business we will list your name) and name on our vending machine screen for specific amount of time. 2500 - Previous perks plus collaborative naming of vending machine and products after investor. 10000 - Previous perks and name on  wall plaque at Baby Vend HQs (existing and new)

Key Deal Facts

Established business with diverse locations doing an average of 771 transactions per month. An award-winning founder with extensive business development and management experience. A socially conscience company with a mission to make money and give back to those in need. The opportunity to scale with over 10 locations pending on the waiting list. Founder goals to diversity offerings to include "on board" product sales

Amount Raised : $95,299
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Valuation

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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