- Security Type
- CAFES
- Categories
- Technology, Software, Travel, Automation, Analytics
- Min Investment
- $100
- Location
-
Plano, TX
- Expected Close Date
- April 30, 2023
- Amount Raised
- $109,900
- Target Raise
- $50K-$1M
- No. Investors
- 21
- Security Price
- $1
- Number of Employees
- 4
- Cash
- $75,033
- Revenue
- $0
- Short Term Debt
- $7,222
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $-941,414
Key Deal Facts
👔 Founders with deep domain knowledge & a prior exit. We know how to scale & sell businesses.
📈 Strong early sales pipeline of $4M. Just getting started in a $400B market.
✅ Service actually works -- quantifiable customer savings of 8%-14% (millions for large companies).
🤝🏼 Raised $2.3M prior. This is our community's opportunity before Series A.
🔥 Key customer reduced their hotel spend by 11.2% within the first month.
👏 BTP has delivered over $1M in savings to their customers year to date.
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.