Clockout

The future of work and play, backed by Meetup CEO David Siegel

Security Type: Crowd SAFE
Min Investment: $2,000
Location: BRIDGEWATER, NJ
Offering Date: October 06, 2022
Expected Close Date: February 25, 2023
Target Raise: $25.00K-$1.07M
No. Investors: 54
Security Price: $1
Website: clockoutapp.com

Number of Employees: 2
Cash: $34,103
Revenue: $0
Short Term Debt: $0
Cost of Goods: $50,484
Long Term Debt: $95,000
Net Income: $-66,517

Key Deal Facts

🏅 Hit #25 on the App Store Charts in 4 months
🤝 Investors include CEOs of Meetup & Evite (Fmr. Kodak CEO)
👥 75,000+ users with only ~$10K in marketing spend
🗣 1,000,000+ social interactions with 15% DAUs + 75% MAUs
💵 $500,000+ in ticket sales with 12,000 RSVPs
💰 20+ rev-share partners incl. Meetup & C-Suite Network
📈 $3M in revenue projected for 2023; $20B market opportunity*

Management Team / Advisory Board Bios

Manasa Grandhi
Co-Chief Executive Officer

Krishna Dosapati
Co-Chief Executive Officer

Amount Raised : $130,080

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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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