Modwalla

B2B marketplace for made-on-demand product connecting providers and merchants

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Security Type
CAFES
Categories
Technology, Retail, Financial Services
Min Investment
$100
Location
Vancouver, WA
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$150.00K
No. Investors
11
Security Price
$1
Website
modwalla.com
Number of Employees
1
Cash
$2,649
Revenue
$48
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-4,451

Key Deal Facts

💡 10+ years of experience in made-on-demand industry.
👍🏼 14 providers and 13 merchants of made-on-demand products on waitlist. 🗒
💵 Market Sizing: $197 billion TAM, $4.9 billion SAM with 34% annual growth. 📈
💸 Projected $1M in revenue at the end of year 2 (not guaranteed)
🔥 Generated first sale in less than 2 months of starting development. 🥳

Management Team / Advisory Board Bios

Chris Bauman Co-Founder and CEO10+ years of experience in the made-on-demand industry. Serial entrepreneur, self-published a children's book, avid and quick learner, Texas MBA, and USMC veteran., Greg Barcza Co-Founder and CTOFormer co-founder and CTO of Recart that has generated $120,000,000+ extra revenue for its customers thus far (https://recart.com/).
Amount Raised : $70,800
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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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