Will there be a cell phone-based app for TribeVest? I'm currently using TribeVest and love the platform. Looking forward to being a user and an investor.

Hi Seko! Yes, our mobile app is currently in development and scheduled for release by the end of this year. Thanks for your interest in becoming a Tribevest user and investor! Please don't hesitate to reach out if you have additional questions. Our team is happy to help. :)

What is value added for investor in next few years? What is your strategy to develop the platform?

Hi Alghamdi! The investment in Tribevest provides a certain percentage of the equity of the company. This equity percentage provides the investor the right for their proportional share of profits, dividends (if declared) and, if Tribevest is acquired, the proportional share of proceeds received from the sale. We’ve taken a “tribe driven” approach to developing out our platform, beginning with the common foundations that every group needs to safely invest together. As our tribes mature and par...

Hi, great concept...! Can you shed some more light on your revenue projections for the next 5-7 years, and have you considered possible routes to exit and expected multiple valuations? Thanks!

Thanks for the question, Felipe! We are currently targeting $3-4M in Annualized Revenue at the end of 2023, with a path to $10M+ Annualized Revenue by mid/late-2025. A few possible routes to exit for Tribevest is through an IPO, or through a strategic acquisition. Unfortunately, valuation multiples are highly variable depending on the public and private markets at the time of exit, so we can't comment specifically on what we would expect at that time.

Hi not too sound rude, but how is this different than Wefunder?

Hi Luke! Great question. Tribevest is not a crowdfunding platform like Wefunder. We help investor groups (usually with 5-7 people) create what we call a multi-owner vehicle. This includes forming a multi-member LLC, opening an FDIC-insured business banking account, operating documents, due diligence, annual compliance and more. From there, that investor group can pool their capital and use their multi-owner vehicle to transact as an entity seamlessly in any deal on or off the internet.

When does Tribevest close?

Thanks for the question! We will begin closing shortly after we hit our $1M goal.

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