CHRGR

CHRGR

Advertising that powers your brand

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Security Type
SAFE
Categories
Other
Min Investment
$100
Location
New York, NY
Offering Date
May 15, 2019
Expected Close Date
August 29, 2019
Target Raise
$25.00K-$1.07M
Deal Notes

Discount: 10%

Company Description

Advertising that powers your brand

Perks

N/A

Key Deal Facts

Repeat success with major clients, including Lyft, Heineken, Fanatics, CLIF, Red Bull, Instagram, American Express, Nike, Audi, First Republic Bank, and Mack Weldon and many more.
3x year-over-year growth since 2016 with $700K in revenue in 2018
70% customer retention rate with repeat customers ordering 40% more
Providing end users what they really want, a free battery to use and take home
Strong distribution partners including Uber, Lyft, Cargo, Blade, Jetsmarter, Aspen, Live Nation, and a roster of hotels, gyms and nightlife venues

Use of Proceeds

Scale & Expansion, Product Development and R&D, Operations, Marketing, Online Advertising, Community Development, Legal/IP

Management Team / Advisory Board Bios

John Mullin
Founder & CEO
Past: Twitter, Beats Music (Apple), Nike, R/GA

Lucas Hearl
Co-Founder & CCO
Past: Google, Jet Blue, Nike, R/GA

Evan Madden-Peister
CFO & Operations
Past: Birch Coffee, Delhcioso, MP:Consulting

David Chapman
EVP Event Operations
Past: Glaceau (Coca Cola), Verizon, Switch Marketing

Deal Notes

Discount: 10%

Amount Raised : $1,070,000
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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

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