Move

Supermarket of The Future.
Premium Groceries without Premium Markups.

Print
Claim My Business
Security Type
CAFES
Categories
Retail, Technology, Consumer Goods & Products, Food & Bev
Min Investment
$250
Location
San Francisco, CA
Offering Date
March 10, 2019
Expected Close Date
January 15, 2021
Target Raise
$50.00K-$535.00K
No. Investors
316
Security Price
$1
Deal Notes

$25K+pro rata right threshold

A SAFE gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $25M in the future.

Website
shopmove.co
Number of Employees
4
Cash
$374,576
Revenue
$383,188
Short Term Debt
$27,228
Cost of Goods
$30,938
Long Term Debt
$2,188,007
Net Income
$-435,352

Company Description

Supermarket of The Future. Premium Groceries without Premium Markups.

Perks

Invest $250+ for One year of Move membership (normally $199/year)
$500+ Two years of Move membership (normally $199/year)
$1,000+ Three years of Move membership (normally $199/year) + 15 Minute Phone call with Founder CEO Chai Mishra
$10,000+ One Ticket to our National Launch Party in San Francisco with our iconic investors, catered by our Award-winning chefs. Three years of Move membership (normally $199/year) 30 Minute Phone call with Founder CEO Chai Mishra
$25,000+ Two Tickets to our National Launch Party in San Francisco with our iconic investors, catered by our Award-winning chefs. Three years of Move membership (normally $199/year) Half hour Phone call with Founder CEO Chai Mishra
$50,000+ Two Tickets and Hotel Stay for our National Launch Party in San Francisco with our iconic investors, catered by our Award-winning chefs. Three years of Move membership (normally $199/year) One hour Phone call with Founder CEO Chai Mishra

Use of Proceeds

New Hires, Marketing, Inventory, Product Development, Operating Costs

Management Team / Advisory Board Bios

Chai Mishra
CEO
Entrepreneur and Engineer, Expert in Sales and Marketing, Passionate leader and developer

Deal Notes

$25K+pro rata right threshold

A SAFE gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $25M in the future.

Amount Raised : $268,781
Reveal the Score by Voting
_
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.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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
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