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Aftrparty isn't accepting new investments

Aftrparty’s deadline was May 27, 2023

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Aftrparty

The future-facing events platform | Plan. Broadcast. Crowdfund. Discover.
B2C P2P Social Media + Networks Software Apps
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$26,555
Raised
35
Investors
Successfully funded and closed on May 27, 2023.
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Closed on May 27, 2023. Information may not be up-to-date. Campaign closed on May 27, 2023. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Biz. model Market Competition Founders Summary
About Team

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Afterparty Development Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Aftrparty Crowd SAFE Afterparty From C.pdf
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Hear from some of the 35 people reserved or invested in Aftrparty


Show more

Highlights


  • Get monetary commitment from friends before the event
  • Plan, communicate, host, and attend events: see what's going to happen
  • Facebook is projected to lose teen users, leaving an event planning gap
  • New iOS / Android apps will include in-app payments and other monetization
  • Web app beta proved the concept; users would run $910/yr through Aftrparty
  • Targeting initial Utah market before expanding across the US

Problem


Planning events
is stressful

People do not have an effective way to schedule and keep up with event details, forced to use multiple apps and redundant communication.

The event organizer is exposed to social pressure, humiliation, and financial risk.

Additionally, Facebook is projected to lose 44% of its teen users in the next 2 years. Gen Z and Millennials will be needing an event tool.

The next big social app isn't going to be social media — it's going to be about using technology to connect us in real life... It's not about sharing content — it's about sharing experiences.
—Arianna Huffington

Solution


A kickstarter for
social plans

Aftrparty is a future-facing events tool.

It is a tool to plan, broadcast, crowdfund and discover events in your area — from birthday parties, barbecues and roadtrips, to boating days on the lake.

Unlike lnstagram, Snapchat, Tiktok and other social medias that illustrate the past, Aftrparty is a future-facing platform. Our users can see what is going to happen instead of what has already happened.

Product


The platform
for social gatherings

Plan, communicate, host and monetize events.

Aftrparty will be adding additional core features & fee collection. This will be a full feature version of our current MVP focused on further proving the concept — including monetization — with iOS & Android mobile apps.

  • Post private events
    Create & share a private event
  • Manage private events
    View & post your stories to a public feed
  • Event calendar
    Public & Private event calendar
  • In-app messaging
    Centralized event communications
  • Attendee P2P payments / chip in system
    Charge for events or collect tips
  • Poised to improve and scale B2C methods
    More monetization and B2B focus are planned

Traction


We've proven our concept

with a successful web app beta test:

—
MVP launch
—

Aftrparty’s public beta launch will be in Utah, focusing on Salt Lake & Utah County. We currently have 500+ people signed up to download our beta once it goes live. Launching in Utah will allow us to take full advantage of our local network and give us consumer insights before launching to a broader audience.

We are currently building strategic partnerships with several of the largest event producers within the state of Utah.

Customers


We're poised to fill a need for Gen Z and Millenials


Mark (the Host) is 26, a leader in his social circle, he loves to plan and organize parties, roadtrips, and hangouts because of the memories that follow.

Needs:

  • A way to collect funds upfront that isn't awkward
  • A single place to communicate with everyone that's interested
  • A way to gauge who is coming

Amy (the Guest) is 23, works from home alone and needs more socializing, loves to meet new people, try new things, and have something to look forward to.

Needs:

  • A tool to see the who will be there, what to wear or bring, when to show up and where to park
  • A way to connect outside of the same bars
  • To save money — sick of paying for overpriced drinks and long lines

Business model


A diversified approach to monetization

1. In-app transaction fees (see breakdown below)
All transactions that happen within the app will include a 3% fee that automatically goes to Afterparty.

2. Subscription model
Access to additional features in the app and removal of the transaction fees.

3. Future-facing data
We will be able to monetize time-sensitive, future-facing data — and market to groups more likely to purchase.

4. In-app advertisements
Businesses or consumers will be able to pay to showcase their upcoming event at the top of the feed.

Market


99.2M potential users nationwide

Competition


What sets us apart

Founders


Co-founders

Landon Creer
CEO

Landon graduated with a degree in economics and went on to help start two nonprofits, Encircle & LOVELOUD, serving as their CFO.


Michael Watterson
CPO

Michael graduated with a marketing degree & went on to specialize in UI/ UX. He has worked for companies like Facebook, Uber, Netflix & Square.

Summary


Our message to you

One of our goals is to make the event creators life and the guests life 10x easier. We are redefining how social gatherings of any kind happen. What currently requires the use of a multitude of apps to organize, plan, and raise funds can be brought together into one simple app. 

Almost everyone has felt the pains of attending or hosting some sort of social event. Our hope is that everyone who believes in this idea and chooses to invest with us will go on to use the app in their lives. We hope that it will make your planning and event going experiences even easier. 

This is just the start and we're excited to have you along for the journey. - Landon & Michael

Deal terms


Valuation cap

$7,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

0%

If a trigger event for Aftrparty occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$100

The smallest investment amount that Aftrparty is accepting.
Learn more

Maximum investment

$123,500

The largest investment amount that Aftrparty is accepting.
Learn more

Funding goal

$1.24M

The maximum amount the offering can raise is $1.24M.
Learn more

Deadline
Aftrparty needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

Nominee Lead

Chief Executive Officer of Afterparty Development Inc. (currently Landon Creer)

Will direct the Nominee on certain matters like voting, amendments and conversions affecting the security.
Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Afterparty Development Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Aftrparty Crowd SAFE Afterparty From C.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Aftrparty.
Invest
$250
Receive
  • Aftrparty Beanie
Invest
$500
Receive
  • Aftrparty Beanie & Hoodie
Invest
$2,500
Receive
  • Dinner with the Aftrparty Team (If Local)
Invest
$25,000
Receive
  • Seat on our advisory board
  • Limited (5 left of 5)

About Aftrparty

Legal Name
Afterparty Development Inc.
Founded
Sep 2022
Form
Delaware Corporation
Employees
0
Website
aftrpartyapp.com
Social Media
Headquarters
Google Map location of of Aftrparty
10 W. 300 St Suite 700 , Salt Lake City, UT
Headquarters
10 W. 300 St, Suite 700, Salt Lake City, UT, United States 84101

Aftrparty Team
Everyone helping build Aftrparty, not limited to employees

Profile picture of Landon Creer
Landon Creer
Co-Founder
Profile picture of Michael Watterson
Michael Watterson
Co-Founder
Profile picture of Jesse Robinson
Jesse Robinson
Advisor
Profile picture of Laurynas Pletkus
Laurynas Pletkus
CTO
Profile picture of Clarissa Savage
Clarissa Savage
Advisor
Profile picture of Jeff Dalebout
Jeff Dalebout
Advisor
Profile picture of Neal Watterson
Neal Watterson
Advisor
Profile picture of Chris Miller
Chris Miller
Advisor
6 more team members
Landon Creer
Co-Founder
Jesse Robinson
Advisor
Michael Watterson
Co-Founder
Laurynas Pletkus
CTO
Clarissa Savage
Advisor
Jeff Dalebout
Advisor
Neal Watterson
Advisor
Chris Miller
Advisor
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Aftrparty

Aftrparty successfully raised $26,555 from 35 investors on May 27, 2023
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