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Categories
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Technology, Financial Services, Food & Beverage, Restaurant, Other
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Min Investment
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$100
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Expected Close Date
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April 29, 2024
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Target Raise
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$50.01K-$618.00K
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Security Price
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$7.68
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Valuation
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$10,000,000
- Number of Employees
- 24
- Cash
- $1,815,333
- Revenue
- $912,145
- Short Term Debt
- $281,045
- Cost of Goods
- $119,414
- Long Term Debt
- $0
- Net Income
- $-779,195
Key Deal Facts
📈 last 12 months $350K ➡️ $1M annual recurring revenue, 85% Gross Margin
💰 7,000+ paying subscribers with a 95% retention rate
🥘 100+ restaurants with a 97% retention rate
🌆 2nd market (Charlotte, NC) returned 100% of launch cost Day 1
💸 Investors: ex-CEO ANGI (IPO), CEO GDC (9-figure exit), CEO Pendo ($1BN valuation), Tweener Fund
🏆 efficient team turned $1M in invested capital into $1M/Y subscription revenue run rate
Management Team / Advisory Board Bios
David Shaner Founder & CEOBuilt fastest growing media company for millennials in the southeast. 10 years experience with hyperlocal business models. TBJ 40 under 40., Taylor Smith COO & Head of ProductFormer founder/CEO of $1M revenue software development company in SF., Anna Laura Erickson Head of Social Media + EventsRan a 1.8M subscriber YouTube channel before joining Offline., Hannah Sobhan Head of SalesEx wine sales veteran + former D1 gymnast., William McGuire Campaign QBIncolo helps create investable founders focused on key areas of traction with education, experts, & community