Bula Technologies, Inc.

Bula Technologies, Inc.

The first platform to dare or challenge friends to anything, anytime, anywhere!

Print
Claim My Business
Security Type
CAFES
Categories
Technology, Crypto & Blockchain, Sports & Fitness, Community & Lifestyle, Media
Min Investment
$100
Location
Miami Beach, FL
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$1.24M
No. Investors
41
Security Price
$1
Number of Employees
2
Cash
$471,281
Revenue
$0
Short Term Debt
$24,500
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-229,889

Key Deal Facts

Co-founded by sports-legend family ๐Ÿˆโšพ, Jack Booty and Josh Booty (LSU, NFL, MLB)
The #1 most searched word across social media is "Challenge" -- high demand ๐Ÿ”ฅ
Raised $1.35M from Friends & Family Round as of June 2022 ๐Ÿ™Œ
Many ways to monetize ๐Ÿ…: sponsored-challenges , merch, advertising, in-app wallet, transaction fees
Viral nature โœจ of capturing fun, competitive moments in short-form videos
The first platform to engage all challengers and viewers in stories from start to finish ๐Ÿ“ฑ
Advanced tech ๐Ÿš€: dApp, Web3 backend with Passwordless login, decentralized storage, and blockchain

Management Team / Advisory Board Bios

Jack Booty Co-FounderJack founded a vendor company and store front in Disney and grew it into a multi-million dollar business in just a few years. Kettle Kingdom was one of the most successful independently operated retail store within the Disneyland., Josh Booty Co-FounderJosh accepted the largest signing bonus in MLB history, joining the Marlins right out of high school, then turned to join LSUรขโ‚ฌโ„ขs college football program, and was drafted to the NFL, playing for the Seattle Seahawks, Cleveland Browns, Oakland Raiders., Michael Caplovitz Technical Co-FounderMichael, former head of innovation at Howard Hughes Corp, founded and created GetChkd - a patented full-suite enterprise blockchain infrastructure platform that enables Web3 and is the backbone of the Bula App.
Amount Raised : $328,050
Reveal the Score by Voting
๏ผฟ
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
โ“˜
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
โ“˜
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
โ“˜
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
โ“˜
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.

Research Reports

No reports have been submitted

Become a Reporter

0 Comments