Security Type
CAFES
Categories
Technology, Software, B2B, Minority Founders, Operations, Minority Founder, SaaS
Min Investment
$100
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$250.00K
No. Investors
65
Security Price
$1
Number of Employees
5
Cash
$83,830
Revenue
$2,639
Short Term Debt
$3,080
Cost of Goods
$0
Long Term Debt
$100,000
Net Income
$32,585
Key Deal Facts
π Field workers operate in remote areas collecting loads of data, most of them using pen and paper.
Management Team / Advisory Board Bios
Max Echeverria Founder & CEOInternationally Awarded Founder & CEO.
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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.
