VEL

VEL

VEL is a premium utopian tech forward work cafe

Security Type
Preferred Stock
Categories
Technology, Main Street, Retail, Real Estate, Minority Founders, Food and Bev, Cafe
Min Investment
$250
Location
Fernandina Beach, FL
Expected Close Date
October 28, 2022
Amount Raised
$1,435,040
Target Raise
$50K-$2M
No. Investors
69
Security Price
$0.68
Valuation
$9,000,000

Company Description

VEL is a premium utopian tech forward work cafe for the 21st century to usher the world's transition to a new flexible era of work.

Key Deal Facts

Backed by notable accredited investors ➕ Previously Raised $549K at a $5.85M valuation
Co-founder & CEO successfully exited projects with a total value of $150M➕
Solving a significant pain point for large number of people, 📈 $12B serviceable obtainable market
Competitive moat with a sensational IP - experience blueprint, space DNA and digital native
Backed by big vision uniquely positioned to capitalize on the new era of work
Opening location in Savannah's historic district with leases in hand for location
Blue Bottle was bought by Nestle in 2017 setting a $700M valuation
Dream team of tested and accomplished industry operators

Security Description

Preferred securities are a type of investment that generally offers some sort of preferred treatment through a dividend or preferred treatment in a liquidation.

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