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Security Type
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CAFES
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Categories
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Retail, Technology, Financial Services, Consumer Goods & Products, Community & Lifestyle
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Min Investment
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$100
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Expected Close Date
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April 30, 2023
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Target Raise
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$50.00K-$124.00K
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Security Price
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$1
- Number of Employees
- 1
- Cash
- $10,389
- Revenue
- $26,541
- Short Term Debt
- $6,540
- Cost of Goods
- $19,779
- Long Term Debt
- $0
- Net Income
- $-12,049
Key Deal Facts
🌱 Climate Neutral, BCorp, Woman-Owned, 3 years of social & environmental impact traction.
📈 B2B sales & consumer subscriptions monthly recurring revenues. Expecting to 10x in 2022.
🛒 4,000+ sustainable and ethical products from toilet paper to jewelry, constantly adding more.
💰 Already had ~4 years of sales. Proof of high average order, margins, and an engaged community.
🏠 Expanding into solar powered Brick and Mortar in October (See you soon, Denver!)
Management Team / Advisory Board Bios
Rachel Kois CEO/Founder- Keynote panelist at 2022 E-Commerce Operations Summit alongside REI, Burton, H&M
- Finalist for "Outstanding Woman in Business" 2022
- So dedicated to the Simple Switch mission she got a butt tattoo of the logo. (Ask her about it.)
Reveal the Score by Voting
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Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
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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The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
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
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.
