BlackFULLness

Being Black is stressful, but inner peace is real. Our app has your back.

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Security Type
CAFES
Categories
Technology, Healthcare & Medical, Education, Health & Personal Care, Community & Lifestyle
Min Investment
$100
Location
Oakland, CA
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$250.00K
No. Investors
143
Security Price
$1
Number of Employees
1
Cash
$3,378
Revenue
$2,057
Short Term Debt
$0
Cost of Goods
$1,000
Long Term Debt
$0
Net Income
$-16,690

Key Deal Facts

$169B - Mental and Workplace Wellness Market
$588M - Mental Health Apps market (2018)
App Evaluated with a $1.5M grant from National Institutes for Health
US businesses lose up to $300B per year annually due to workplace stress
Culturally relevant Stress Reduction for African Americans through mindfulness
We are creating a model that is replicable across cultures/races
Unique lens of a culturally relevant mindfulness media company
Award winning app content

Management Team / Advisory Board Bios

Sonia Russell Co-Founder and CEOLead a successful executive tech event production consultancy for almost 20 years. I've been Black my whole life. Have a 15 year consistent & expansive mindfulness practice that changed my life. I'm a parent. I have degree in Consciousness Studies., David L. Walker, Jr. Co-Founder and CSOFor over 15 years David has mindfully designed successful sales & strategic partnerships to increase awareness, affinity, buy-in, & revenue cross-functionally and across industries. David is on a Soul Mission to serve, connect, impact, and have fun!, Monifa Porter Board of Directors, Alex Ford-Carther Technology Advisor
Amount Raised : $72,058
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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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