Cohere

The VALUE of owning a home, the FREEDOM of renting and COMMUNITY wherever you go

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Security Type
CAFES
Categories
Infrastructure, Technology, Sustainability, Social Impact, Real Estate, Hospitality, Travel
Min Investment
$100
Location
Lewes, DE
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$1.07M
No. Investors
139
Security Price
$1
Website
cohere.network
Number of Employees
4
Cash
$107,411
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$150,000
Net Income
$-45,089

Company Description

🥇World’s 1st member-owned network of co-living communities designed to facilitate coherence
🏠Members own shares of a diversified portfolio of real estate assets around the world
💸Members take the equity with them as they travel between a global network of co-living communities
🏔Land acquisition in progress for sites in Ecuador; due diligence underway for additional locations
💰Structured exit provides investors liquidity in advance of a traditional exit event
🚀 Filling a huge market gap for 35M digital nomads; an increase of 323% from 2018
📈$142M in cumulative revenue projected by 2026
🤓Founders are award-winning architects, designers, systems engineers, technologists and strategists

Key Deal Facts

🥇World’s 1st member-owned network of co-living communities designed to facilitate coherence
🏠Members own shares of a diversified portfolio of real estate assets around the world
💸Members take the equity with them as they travel between a global network of co-living communities
🏔Land acquisition in progress for sites in Ecuador; due diligence underway for additional locations
💰Structured exit provides investors liquidity in advance of a traditional exit event
🚀 Filling a huge market gap for 35M digital nomads; an increase of 323% from 2018
📈$142M in cumulative revenue projected by 2026
🤓Founders are award-winning architects, designers, systems engineers, technologists and strategists

Management Team / Advisory Board Bios

Dakotah Apostolou Chief Executive Officer (CEO)A designer of buildings, communities and businesses, Dakotah's training at The Frank Lloyd Wright School has informed his passion for using built environments to create regenerative systems that restore the health of ecosystems and communities., Josh Burtnett Chief Strategy Officer (CSO)As a systems engineer and polymath — with vast experience in the aerospace industry, hospitality, construction, broadcast media, and finance — Josh is focused on developing abundance through sustainable, balanced and highly scalable solutions., Devin Lyttle Chief Experience Officer (CXO)Experience designer, visual storyteller and brand strategist committed to creating elegantly simple solutions to address complex issues. As a serial entrepreneur, Devin brings over two decades of strategic, creative and operational experience.
Amount Raised : $134,899
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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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