| | We are excited to present Kav's seed extension round led by Future Communities Capital. | Kav is building a cult following in head and body protection, with solid traction on their first consumer product - bike helmets. | The company is wrapping up its $3M seed extension via an equity round. | | | Company Overview | Kav uses next generation 3D printers to print high-end helmets that are custom built using three selfies taken on their app, in addition to head measurements provided by the customer. | Kav won TIME Magazine's Best Inventions of 2022 Award Stellar unit economics and zero inventory, allowing for a negative cash conversion cycle 11:1 LTV to CAC $500k revenue run rate Projected to grow 8x in 2025 ($4M revenue)
| | | | | Founding Team | | | | Co-Investors | Future Communities Capital is leading this round. Select investments include Palantir, Lyft, SpaceX, and Coupang. | Other investors include: | | | | Use of Proceeds | Factory Build-Out: 33% | Go-To-Market: 33% | R&D: 33% | | | Round Details | AngelList SPV by Kav | Raise: $3M | Valuation Cap: $21M post-money | Minimum Check: $10,000 | Estimated Fees: 3.2% | Carry: 20% | Deadline: February 6th, 2025 | | To participate in this round or learn more, reply to this email or schedule a meeting using the button below: | | | | NOTICE: NOT AN OFFER TO SELL OR A SOLICITATION TO BUY. AVAILABLE TO VERIFIED ACCREDITED INVESTORS ONLY PER RULE 506(c) OF REGULATION D PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND/OR OTHER APPLICABLE U.S. FEDERAL AND STATE EXEMPTIONS FROM REGISTRATION. The material and content presented herein is qualified in its entirety by an offering memorandum (the "Memorandum") which contains more complete information including risk factors. The material and content herein contains forward-looking statements and hypothetical economic forecasts that may not be realized. By receiving or viewing this material, you acknowledge and agree not to rely upon it in making an investment decision. Please read the Memorandum. This material and content do not constitute or form a part of any offer to sell or solicitation to buy securities nor shall it or any part of it form the basis of any contract or commitment whatsoever. Without limiting the foregoing, this material and content do not constitute an offer or solicitation in any jurisdiction in which such an offer or solicitation is not permitted under applicable law or to any person or entity who is not an "accredited investor" as defined under Rule 501(a) of the U.S. Securities Act of 1933, as amended, and/or who does not possess the necessary qualifications described in the Memorandum and/or applicable exemptions under the U.S. Securities Act of 1933, as amended. Please read the Memorandum. |
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