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Security Type
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CAFES
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Categories
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Technology, Hospitality, Financial Services, Community & Lifestyle
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Min Investment
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$100
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Location
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Mountain View, CA
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Expected Close Date
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April 30, 2023
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Target Raise
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$50.00K-$250.00K
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No. Investors
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47
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Security Price
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$1
- Number of Employees
- 1
- Cash
- $20,738
- Revenue
- $25,475
- Short Term Debt
- $25,777
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $-27,401
Key Deal Facts
TipBrightly is mentioned in The Washington Post for its IHG/Kimpton pilot (3.13.22).
Good morning! Now you can tip breakfast staff at Embassy Suites in Knoxville, Phoenix & San Rafael.
We just broke our daily record with $900 in recovered tips! Every tip counts!
CEO Elle Rustique presents webinar on cashless tipping for Curator Hotels & Resorts members
We're in Canada! Thanks to Collective Arts Brewing and their doorstep delivery drivers!
Emily Goldfischer, founder of hertelier and former VP of Communications, Loews joins advisory board!
Jacques Barthelemy, President of Charme & Caractere joins our advisory board!
Management Team / Advisory Board Bios
Elle Rustique, PhD CEO & FounderI'm a social scientist and educator turned social entrepreneur on a mission to revolutionize the tipped service industry through cashless tipping., Luke Mertens CTOLuke Mertens is TipBrightly's platform architect. A problem solver with over fifteen years of software development experience, Luke has worked with real-time embedded systems, internet security, text mining, and financial services.
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Business Idea
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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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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.
