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Security Type
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CAFES
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Categories
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Technology, Financial Services
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Min Investment
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$200
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Location
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Fort Lauderdale, FL
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Expected Close Date
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April 30, 2023
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Target Raise
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$500.00K-$3.00M
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No. Investors
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126
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Security Price
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$1
- Number of Employees
- 1
- Cash
- $20,813
- Revenue
- $0
- Short Term Debt
- $24,980
- Cost of Goods
- $0
- Long Term Debt
- $81,000
- Net Income
- $-141,038
Key Deal Facts
π€ A founding team of serial entrepreneurs with multiple exits
π° Backed by one of the largest VC firms in the psychedelics industry, Iter Investments
π₯Well-positioned for the imminent adoption of psychedelic-assisted therapy
πA growing audience of approximately 50,000 subscribers, users, and followers
πΈA sales pipeline of approximately 200 psychedelic companies
πAn expanding content network exceeding 100,000 pageviews per month
πA growing network of approximately 3,000 care practitioners
β‘οΈA developing portfolio of 12 brands, with more on the way
Management Team / Advisory Board Bios
Logan Lenz Chief Executive OfficerSerial marketing and technology entrepreneur Multiple exits
Co-contributor to CityCoins
Co-contributor to Stacks (smart contracts on Bitcoin)
Founding Member of the YEC
Co-Founder of Rock 4 Hunger
Media planner for Fortune 500s, Dustin Robinson Co-FounderFounder at Iter Investments
Mr. Cannabis Law
Mr. Psychedelic Law
University of Florida, Juris Doctorate in Law
Masters of Accounting, BA in Accounting, Robert Velarde Co-FounderFounder at Iter Investments
Over 25 years of global private equity investment experience
Harvard Business School, MBA
Northwestern University, BA in Economics, Margaret Williamson Head of PartnershipsCEO of PRSVR Clothing
Over a dozen years of sales experience, Sydney Alcala Head of EngineeringOwner and Operator of development shop
Many years of PHP, Laravel, and Wordpress experience, Bri Gagliardi Head of RelationshipsChief Engagement Officer at Hendrix + Stone
Many years of Account Management, Dustin Robinson
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β
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
β
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
β
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
β
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.
