Test the Waters
Crownhunt

Crownhunt

Modernizing the textured hair industry

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Security Type
CAFES
Categories
Technology, Beauty, Minority Founders, Platform, Female Founder
Min Investment
$100
Amount Raised
$58,335

Key Deal Facts

πŸ’‡πŸ½β€β™€οΈ 2300 hair entrepreneurs have joined since we launched in 2021
πŸ’ͺ Partnered with educators with work seen on Essence, Glamour, Bronner Bros, Salon Today 200 & More
πŸ’Έ $112,000 raised with institutional investors to date
🌊Selected for OCEAN Accelerator
πŸ’ͺ🏽 Co-Founders with combined 20 years platform tech experience
πŸš€ Fills huge gap in cosmetology school market: textured hair education
πŸ™ŒπŸΎ Empowers BIPOC hair industry entrepreneurs

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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