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Security Type
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CAFES
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Categories
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Pets/Animals, Healthcare & Medical, Life Sciences
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Min Investment
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$100
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Expected Close Date
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May 19, 2023
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Target Raise
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$10.02K-$1.23M
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Security Price
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$30
- Number of Employees
- 0
- Cash
- $0
- Revenue
- $0
- Short Term Debt
- $252,544
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $-450
Key Deal Facts
Using our product line, veterinarians successfully treated 10 out of 11 dogs with breast cancer.
Large Market: The US market is actively growing with pet ownership approaching 67% of households.
175 million dogs in the USA and Europe and the number is growing. 1 in 4 will develop cancer.
199 million cats in US, and Europe and the number is growing. 1 in 5 cats will develop cancer.
Elenavet also has strong potential for treating osteoarthritis, IBD, and other inflammatory mediated diseases.
80% of dogs over 7 and 90% of cats over 12 develop osteoarthritis.
Exclusive licensure of strong intellectual Property & Patents in over 20 countries.
Pet ownership provides the owner with many health benefits Elenavet hopes to help them live longer.
Management Team / Advisory Board Bios
Alexander Shneider Chairman of the Board, FounderOver 25 years of biotech and entrepreneurial experience. Achievements and activities include drug development from concept to market authorization, patents in all major jurisdictions, and advisory role for successful exits., Robert E Devlin PresidentExperience as both a practicing veterinarian and as successful veterinary business executive. Extensive knowledge of US animal health market across sales channels and internationally as well., Jason Payne CFOComprehensive experience including planning and directing execution of day-to-day accounting and long term financial management initiatives. Experience in both public and private companies and growing a new business unit from $0 to $140MM., Stephen Spector VP of Strategic BDSteve past experience includes online B2B & B2C marketing & sales of Techmira Corp., marketing patented teeth-cleaning products for pets and pain-reducing anti-inflammatory devices.
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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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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.