Wave5 Wireless
Investment

Investment Terms & Financials

Raise Details

01
Instrument

SAFE

(Simple Agreement for Future Equity)

02
Valuation Cap

$27M

03
Discount

20%

04
Minimum Ticket

$50,000

Use of Proceeds

01
Infrastructure

60%

02
Ops & Support

20%

03
Product (AMPPS)

10%

04
Marketing & Engagement

10%

Revenue & Unit Economics

01
Monthly Revenue

$1.8M

02
Gross Margin

67.6%

03
Monthly Profit/User

$6.26

04
Break-even Point

39,932 users