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Security Type
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CAFES
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Categories
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Technology, Community & Lifestyle
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Min Investment
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$100
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Expected Close Date
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April 30, 2023
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Target Raise
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$50.00K-$500.00K
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No. Investors
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31
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Security Price
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$1
- Number of Employees
- 3
- Cash
- $40,054
- Revenue
- $0
- Short Term Debt
- $1,161
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $-25,385
Company Description
🚀 $200 billion market. The vegan market is huge, and growing exponentially.
✅ No clear leader in the vegan app space. Vegpal is well positioned to fill that spot.
💰 Vegpal was bootstrapped using privately-raised funds to build the app and test the market.
💪 Strong, steady growth since the app launched 8 months ago. Thousands of members onboarded.
🌱 Passionate, vegan, experienced leadership team.
🏡 Be part of the next revolution in social media. We are building the future, build it with us.
🙋♀️ Empower vegans to find their people, wherever they are in the world.
📈 Invest in one of the fastest growing market segments in the US, UK and Canada.
Key Deal Facts
🚀 $200 billion market. The vegan market is huge, and growing exponentially.
✅ No clear leader in the vegan app space. Vegpal is well positioned to fill that spot.
💰 Vegpal was bootstrapped using privately-raised funds to build the app and test the market.
💪 Strong, steady growth since the app launched 8 months ago. Thousands of members onboarded.
🌱 Passionate, vegan, experienced leadership team.
🏡 Be part of the next revolution in social media. We are building the future, build it with us.
🙋♀️ Empower vegans to find their people, wherever they are in the world.
📈 Invest in one of the fastest growing market segments in the US, UK and Canada.
Management Team / Advisory Board Bios
Dahlia Eisenberg Founder, CEODahlia is a vegan activist, who launched Vegpal in 2021 based on a desire to meet other vegans, and the realization that there wasn’t an easy way for vegans to meet and connect. Since then, she's led the company's growth to a vibrant vegan community., Megg Gawatt Chief Technology OfficerMegg is a software architect with more than a decade of experience developing applications on a range of platforms. Megg specializes in mobile app and web app development. Megg has designed, built and launched a number of successful apps., Tamer Shafik Strategic AdvisorTamer is a 22 year tech industry veteran, He has served as CEO and CTO at 3 startups. Additionally, Tamer spent 10 years in corporate consulting, working on transforming legacy delivery models in Lottery & Gaming, Banking and Government sectors.
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The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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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
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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.