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Security Type
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CAFES
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Categories
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Technology, Entertainment, Community & Lifestyle
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Min Investment
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$100
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Expected Close Date
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April 30, 2025
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Target Raise
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$50.00K-$500.00K
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No. Investors
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46
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Security Price
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$1
- Number of Employees
- 10
- Cash
- $33,015
- Revenue
- $1,053,584
- Short Term Debt
- $71,643
- Cost of Goods
- $433,928
- Long Term Debt
- $454,265
- Net Income
- $-474,811
Key Deal Facts
π₯ 65K+ monthly active users and 350K+ downloads (30+ countries)
π€ Published on Oculus Meta and Pico/ByteDance (TikTok) > 4B+ users
π¦ Backed by Comcast and NBCUniversal, Angel investors from Apple and Google
πͺ Went through Techstars in 2021 (top 0.1% of startups worldwide!) and raised $2M to date!
π CEO, COO and CTO are Virtual Reality and Fitness industry pioneers | led $255M+ Wealth Creation
π° Featured In Rolling Stone, The Washington Post, Forbes, C/NET, VR Fitness Insider, Men's Journal, more
π° 80k monthly recurring revenue | 1,500% growth since launch in January 2021!!!
Management Team / Advisory Board Bios
Shahin Lauritzen Chief Executive OfficerShahin is a top Business and Leadership strategist, Founder and Board member of successful tech startups, CFO w. P/L resp. > USD 8 Bn. He is also a London SportTech Mentor, Investor, and Speaker. MBA educated from INSEAD, Harvard, and IEDC, Bojana Knezevic Chief Operating OfficerMore than 20 years in the fitness industry, serial entrepreneur with previous exits from BeFit (300% YoY growth boutique fitness chain) and MyWorldTaxi (connected taxi app, 120 countries).
Creating is my passion, Fitness is my love., Claudio de Pace Chief Technology Officer15+ years of technical leadership in Virtual Reality, AR, HealthTech and Gaming industries. Founder of VRZone and Lucid Dream AR. Leading multiple VR teams., Pavle LazareviΓβ‘ Marketing ManagerGo-to-market specialist and digital strategy leader. Former head of content for MUNPlanet with featured accomplishments, including overseeing a 300% increase in social media engagement as well as earning achievements in content marketing.
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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.