Vegpal

Vegpal is a vegan community-building platform connecting vegans around the world

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Security Type
CAFES
Categories
Technology, Community & Lifestyle
Min Investment
$100
Location
Saugus, MA
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$500.00K
No. Investors
31
Security Price
$1
Website
vegpalapp.com
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.
Amount Raised : $93,100
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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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