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Security Type
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CAFES
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Categories
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Retail, Social Impact, Sustainability, Travel, Consumer Goods & Products
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Min Investment
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$100
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Expected Close Date
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April 29, 2024
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Target Raise
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$50.00K-$320.00K
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No. Investors
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409
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Security Price
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$1
- Number of Employees
- 2
- Cash
- $7,079
- Revenue
- $139,161
- Short Term Debt
- $20,987
- Cost of Goods
- $64,687
- Long Term Debt
- $0
- Net Income
- $-225,178
Company Description
Venture-backed: Reapra Ventures. 3 successful six-figure Kickstarter product launches in a row.
~500x cheaper solution compared to The Ocean Cleanup. Barriers create profit and are self-sustaining
Over 750K revenue from 10,000+ customers. 10x web-store growth in 2021.
The first 100K in investment gets a 25% discount! 🚀
🌊Cleaned and neutralized 3 of the world's dirtiest rivers. Organized 45 cleanups in 11 countries.
🧥40,000+ products delivered to customers in 83 countries with 92% promoters vs 71% industry average
Still early! 1M valuation 18 months ago. Aiming to 5x our valuation in 18 months. (not guaranteed)
Key Deal Facts
Venture-backed: Reapra Ventures. 3 successful six-figure Kickstarter product launches in a row.
~500x cheaper solution compared to The Ocean Cleanup. Barriers create profit and are self-sustaining
Over 750K revenue from 10,000+ customers. 10x web-store growth in 2021.
The first 100K in investment gets a 25% discount! 🚀
🌊Cleaned and neutralized 3 of the world's dirtiest rivers. Organized 45 cleanups in 11 countries.
🧥40,000+ products delivered to customers in 83 countries with 92% promoters vs 71% industry average
Still early! 1M valuation 18 months ago. Aiming to 5x our valuation in 18 months. (not guaranteed)
Management Team / Advisory Board Bios
Marcos Bulacio CEO and Co-FounderE-commerce entrepreneur from age 15.
Five years General Manager of a healthcare facility, grew revenue from $800K to $2.5M.
Harvard University (Entrepreneurship & Innovation)
University of Buenos Aires (Business & Project Management), William DiRicco COO and Co-Founder Ex-Amplitude Analytics, a Silicon Valley unicorn startup.
UC Davis (Bachelor of Science) -
world's most sustainable university., Tudor Tanase E-commerce AdvisorFounder of 7 amazon brands that sell $10M+ USD per year, with 3 successful exits., Sharon Smith Sustainability Advisor20 years of experience in corporate sustainability.
ESG & NGOs consultant.
Yale University (Masters in Environmental Management), Harry Schiff Strategy Advisor & ShareholderMBA from INSEAD, and McKinsey consultant. Former entrepreneur and a VC that invested in over 20 startups.
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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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The value of the company compared to similar companies raising money from investors.
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.