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oneKIN

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

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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
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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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