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Security Type
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Debt
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Categories
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Entertainment, Technology, Financial Services, Community & Lifestyle
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Min Investment
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$250
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Offering Date
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June 25, 2019
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Expected Close Date
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April 30, 2022
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Target Raise
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$50.00K-$4.00M
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No. Investors
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845
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Security Price
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$34.13
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Deal Notes
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$1.00 per share
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Valuation
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$20,000,000
- Number of Employees
- 2
- Cash
- $160,510
- Revenue
- $241,511
- Short Term Debt
- $667,531
- Cost of Goods
- $0
- Long Term Debt
- $492,389
- Net Income
- $-173,761
Company Description
Vampr helps creatives build a network and find the right people to collaborate with in an easy to use frictionless mobile app. For most of us, one of the biggest challenges is getting to know the right people who can help propel our career. The old adage “it’s who you know” is undeniably true. But networking is, and always has been, tough. It’s time consuming and expensive. With Vampr you can now access hundreds of thousands of connections around the globe in the palm of your hand in an instant.
Perks
$250+ for A limited edition Vampr hat + 10% discount on a 12-month Vampr Pro subscription (upon launch) + a free Emanate Basic Listener Account
$500+ All of the above + a free upgrade to Emanate Pro Artist Account
$1,000+ All of the above + a 50% maximum discount on a 12-month Vampr Pro subscription (upon launch)
$5,000+ All of the above + a Skype conversion with co-founder Josh Simons or Baz Palmer (you decide!)
$10,000+ All of the above + a lifetime Vampr Pro subscription
$20,000+ All of the above + a dinner with the founders (flights and accomodation not included)
Key Deal Facts
Facilitated over 4 million professional connections in 198 countries
$900K in prior funding from music industry executives and angels
Named in Apple's Best of 2017 apps list
Multi-award winning platform
Next milestone, $3M revenue and 10M users by Q1 2021
The future of social media - an online network whose revenues are generated from services rather than selling your data
LEAD INVESTOR: RZN8 Capital Term Sheet for $500,000
Use of Proceeds
App Development, Sales and Working Space, Marketing, IT Operational, Administrative Services, Management (Wages and Bandlink Services), Offering Expenses, Platform Fees
Management Team / Advisory Board Bios
Josh Simons
Co-founder and CEO
B.Bus. Successful songwriter and indie record label manager with over 10 million streams writing for artists such as Travis Scott and with his own band Buchanan, who have global touring experience with Carrie Underwood and Keith Urban
Baz Palmer
Co-founder
BA DipEd. Experienced tech entrepreneur with companies turning over $75M/annum. Best known as the songwriter and guitarist for multi-platinum selling band, Hunters & Collectors, one of Australia’s most popular acts and a ARIA Hall of Fame inductee
Russell Colman
Non-Executive Chairman
B.Eng., M.Sc. 30+ years experience in tech R&D and startup ventures. Most recent venture, ATMECO, was acquired in 2014 by international private group operating worldwide
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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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Valuation
Security Description
Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.