Lustro Comments

Discuss this Deal with other Investors

Join the Conversation

oneKIN

oneKIN Live: the livestream app for shopping local brands, nationwide

Print
Claim My Business
Form C
View on Wefunder
Security Type
CAFES
Categories
Retail, Technology, Community & Lifestyle
Min Investment
$100
Location
Miami, FL
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$1.24M
No. Investors
38
Security Price
$1
Website
onekin.co
Number of Employees
2
Cash
$47,086
Revenue
$16,615
Short Term Debt
$65,513
Cost of Goods
$9,099
Long Term Debt
$0
Net Income
$-58,160

Key Deal Facts

A Mastercard Start Path fintech company Capital Innovators-backed company $150 Billion market opportunity in the US Proof of concept generated a quarter of a million dollars on a 42cent customer acquisition cost(CAC) Existing pipeline of 7,000+ small businesses Digital community of 60K+ Shopify-integrated mobile app

Management Team / Advisory Board Bios

oneKIN, Inc. CEO / Co-FounderMarvin is a graduate of Boston College and New York University with 15years in finance and tech. A self-taught coder, Marvin is incredibly passionate about leveraging technology to disrupt the invisible market forces that exacerbate the wealth gap., Jennifer Gomez CMO / Co-FounderJennifer is a Brown University graduate with 15+ years driving global omnichannel marketing solutions in retail and CPG (L'Oréal, Time, Sephora etc.). As a tech founder & speaker, Jennifer is on a mission to create an equitable future through tech.

Amount Raised : $87,901
Reveal the Score by Voting
＿
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
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.

Research Reports

No reports have been submitted

Become a Reporter
Read Our Research Disclaimer

0 Comments

Post Comment