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CAVU isn't accepting new investments

CAVU’s deadline was October 29, 2022

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CAVU

A gym membership for your career
Higher & Continuing Education Education B2B
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Featured image of CAVU
$31,775
Raised
42
Investors
Successfully funded and closed on October 29, 2022.
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Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by CAVU Benefit Corporation. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
CAVU Crowd SAFE Cavu Form C.pdf
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Hear from some of the 42 people reserved or invested in CAVU


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Highlights


  • Officially launched in October 2021 as Alabama's first Benefit Corporation
  • $1M in contracted sales within 1 month of launching our beta
  • Led by 1 of the 18 Registered Scrum Fellows in the world
  • Nearly a 400% increase in learning experience usage since December 2021
  • Currently projecting over $100k in scholarships in 2022
  • Won Alabama Launchpad, the state's most active early-stage seed fund
  • Negotiated a $250k convertible note from Alabama Power Foundation

Problem


We spend 18 years being coached and engaged by people that inspire us...

...we learn and grow with others and are encouraged by others to succeed...

—

...then we graduate and are expected to learn by ourselves from professional development trainers who are often boring and ineffective. We are forced to grow our careers in isolation.

Professional Development is a $380B global market, and it is fundamentally broken.

It is boring (interaction is replaced with mindless PowerPoint decks and never-ending lectures).

It lacks accountability (professional development training typically lacks guidance to apply what you learn).

It is expensive (companies spend millions on training and the average training class can cost hundreds to thousands of dollars).

—


Solution


Meet CAVU:
A gym membership for your career

We create engaging learning experiences and offer them virtually throughout the world for the price of a gym membership.

CAVU empowers industry experts to connect with learners to grow through shared experiences.

CAVU builds immersive learning experiences and utilizes learning science to maximize content retention and application.

CAVU's content is reinforced through peer accountability and coaching.

CAVU is affordable to the individual and to the large-scale enterprise that is seeking to grow their Learning and Development initiatives.

Product


How CAVU works


Step 1: People sign up to join a social learning community of peers that are growing their skills together. Once in, they select from a curated catalog of on-demand learning experiences created by industry-leading practitioners.



Step 2: Live-learning experiences are taught by industry thought leaders who guide learners through engaging interactions that maximize retention.



Step 3: After class, learners continue to engage with their peers and educators through coaching, advice, and timely content that build on the rich learning methods provided by our educators.

Note: We've loaded our library with Scrum & Agile learning topics ( we are already experts here). We are quickly expanding to other professional development areas.


Traction


We’re gaining traction in our initial market segment

(Scrum and Agility Training) 

From an research and innovation project to a solid business. 

As we lean into our core strengths in the Agile and Scrum world, we are gaining momentum. As we expand our platform, our community, and our networks, we will expand beyond the Agile and Scrum Market to the much larger Adult Education and Professional Development world.

Customers


Our learners love us and are changing their lives for the better!


Business model


For the price of a gym membership…

We offer our platform at the price of a gym membership, and partner with non-profits for scholarship opportunities to ensure no -one is left behind.

We use our expanding CAVU Creator ecosystem and course library to attract companies that are looking to accelerate their L&D initiatives and learners that are growing their careers.

We connect our learners and customers to learning that will maximize positive business outcomes.

Learners pay us a membership and we pay our content creators a royalty. Everyone grows.

Market


The sky's the limit

CAVU is well-positioned to leverage three massive, rapidly expanding markets: Corporate training ($366.2B/2018), EdTech ($254.8B/2021), and Agile Transformation Consulting ($71.42B by 2027). 

Our current success from offering a much better alternative to much of what is currently in the marketplace is giving us lift as we enter our next phase of growth. What we do helps people get better jobs, and companies achieve better business outcomes. In short, we help our customers earn more money.

Competition


We do it better

Traditional trainers & coaches

The difficulty with being taught by even the best trainers is the ability to retain what you’ve learned, and to apply it in the real world.

Our learning community provides peer accountability and reinforcement as our learners interact with each other on the CAVU platform.

On-demand learning platforms

Companies like Pluralsight and Udemy are blowing up the EdTech space. They are overwhelming and isolating. 

We offer clear guidance and help our learners to focus on the skills that will actually improve their careers. 

The CAVU platform, however, is what makes us unique. It allows us to nurture our community of learners, driving peer accountability and reinforcement.

Vision and strategy


Expected milestones

  1. Increase new-content release rate to one on-demand class per month.
  2. Recruit at least 10 CAVU Creators (trainers that are not employees of CAVU. They are industry experts in areas we want to grow our platform and content).
  3. On-board 2 additional enterprise clients beyond our
    current client (approximately 1000 new platform users).
  4. Prepare platform for scale-up. Convert to custom code
    from WordPress plugins.
  5. Perform multiple market experiments to build our B2C strategy.

Founders


Our team is driven to help others succeed


Meet Chris (and Tilly), our founder and CEO. Chris is a dynamic educator with 20 years of direct leadership, engineering, and coaching experience ranging from a small startup to some of the world's largest companies. He is one of 18 Registered Scrum Trainer Fellows in the world. With this designation, Chris is recognized a leading educator and thought leader in the Agile community.

Deal terms


Valuation cap

$6,000,000

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

Discount

0%

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

Minimum investment

$150

The smallest investment amount that CAVU is accepting.
Learn more

Maximum investment

$100,000

The largest investment amount that CAVU is accepting.
Learn more

Funding goal

$500K

CAVU must achieve its minimum goal of $25K before the deadline. The maximum amount the offering can raise is $500K.
Learn more

Deadline
CAVU 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 CAVU Benefit Corporation.

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 CAVU Benefit Corporation. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
CAVU Crowd SAFE Cavu Form C.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in CAVU.
Invest
$250
Receive
  • Personal thank you note from the founders
  • Exclusive investor badge and cover image on your CAVU Profile
  • 12 months of a Learner membership
Invest
$500
Receive
  • Personal thank you note from the founders
  • Exclusive investor badge and cover image for your CAVU Profile
  • Super cool flight t-shirt
  • 12 months of a Learner membership
Invest
$1,000
Receive
  • Personal thank you note from the founders
  • Exclusive investor badge and cover image for your CAVU profile
  • Super cool flight t-shirt
  • 12 months of a Learner+ membership
Invest
$2,200
Receive
  • Personal thank you video from the founders
  • Exclusive investor badge and cover image for your CAVU profile
  • Super cool flight t-shirt
  • 12 months of a Leader membership (includes 1 instructor-led class of your choice)
  • 1 custom Spruce Charger built by Fledging using Scrum taught by CAVU
Invest
$5,000
Receive
  • Personal thank you video from the founders
  • Exclusive investor badge and cover image for your CAVU profile
  • Super cool flight t-shirt
  • 12 months of a Leader+ membership (includes 2 instructor-led classes of your choice)
  • 1 custom Spruce Charger built by Fledging using Scrum taught by CAVU
  • 1 scholarship given in your name or someone's name you pick and recognition on our Scholarship site
Invest
$10,000
Receive
  • The thank you video
  • The investor badge
  • A super cool flight jacket
  • 12 months of a Leader+ membership
  • 1 custom Spruce Charger built by Fledging using Scrum taught by CAVU
  • 3 scholarships given in your name or someone's name you pick and recognition on our Scholarship site
  • 3 private coaching sessions with Chris...get guidance on how to build your team/career, run an innovation program, or build a product that solves human problems
  • Limited (20 left of 20)
Invest
$25,000
Receive
  • The thank you video
  • The investor badge
  • A super cool flight jacket
  • 12 months of a Leader+ membership
  • 1 custom Spruce Charger built by Fledging using Scrum taught by CAVU
  • 10 scholarships given in your name or someone's name you pick and recognition on our Scholarship site
  • 6 private coaching sessions with Chris...get guidance on how to build your team/career, run an innovation program, or build a product that solves human problems
  • Limited (10 left of 10)
Invest
$50,000
Receive
  • The thank you video
  • The investor badge
  • A super cool flight jacket
  • 3 Leader+ memberships (upskill your team)
  • 1 custom Spruce Charger built by Fledging using Scrum taught by CAVU
  • 20 scholarships given in your name or someone's name you pick and recognition on our Scholarship site
  • 9 private coaching sessions with Chris...get guidance on how to build your team/career, run an innovation program, or build a product that solves human problems
  • Limited (4 left of 4)

About CAVU

Legal Name
CAVU Benefit Corporation
Founded
Oct 2021
Form
Alabama Corporation
Employees
8
Website
cavu.co
Social Media
Headquarters
Google Map location of of CAVU
2901 2nd Avenue South 200 , Birmingham, AL
Headquarters
2901 2nd Avenue South, 200, Birmingham, AL, United States 35233

CAVU Team
Everyone helping build CAVU, not limited to employees

Profile picture of Chris Sims
Chris Sims
Founder
CAVU opens doors for more diverse voices and perspectives in our industry and provides a platform for me to share my skills with others.
Profile picture of Rebecca Dobrinski
Rebecca Dobrinski
Chief Content Officer
A sense of community is important, especially in a digitally-connected world. Creating a learning community where people can grow together is CAVU in a nutshell.
Profile picture of Ray Robinson
Ray Robinson
Chief Growth Officer
That CAVU allows anyone to accelerate their career by helping them gain new skills is very meaningful. It’s great to be part of a team dedicated to providing opportunity for others.
Profile picture of Larry Tribble
Larry Tribble
Chief Operating Officer
CAVU is opening doors for me to share my passion for personal development with a global audience!
Profile picture of Luke Colburn
Luke Colburn
Chief Information Officer
Social learning platforms require a high level of quality engineering. This complexity is a fun challenge to overcome.
Profile picture of Brandon Bosco
Brandon Bosco
Platform Product Owner
CAVU was created from the belief that every person is capable of doing amazing things when given the right support system. I am honored to be a part of that.
Profile picture of Carter Musick
Carter Musick
Chief Architect
We are continuously learning from each other and improving ourselves. CAVU is our way of bringing that growth to the community.
Profile picture of Millissa Blanchard
Millissa Blanchard
Senior Digital Journey Analyst
Profile picture of Christina Smith
Christina Smith
Community Development Manager
Profile picture of Sam Dunne
Sam Dunne
Digital Journey Analyst
Profile picture of Corey Stewart
Corey Stewart
Operations Manager
Profile picture of Mateo Antelo
Mateo Antelo
Scrum Master
9 more team members
Chris Sims
Founder
Rebecca Dobrinski
Chief Content Officer
Ray Robinson
Chief Growth Officer
Larry Tribble
Chief Operating Officer
Luke Colburn
Chief Information Officer
Brandon Bosco
Platform Product Owner
Carter Musick
Chief Architect
Millissa Blanchard
Senior Digital Journey Analyst
Christina Smith
Community Development Manager
Sam Dunne
Digital Journey Analyst
Corey Stewart
Operations Manager
Mateo Antelo
Scrum Master

Press

Birmingham-based startup CAVU receives international dist...
Alabama Inno
·
Aug 31, 2022

Birmingham-based CAVU Benefit Corp. has received Pending B Status from B Lab. B Lab is an international nonprofit based i...

How Agile Training Can Help You Find a Career, According ...
Career Karma
·
Aug 29, 2022

Agile has set the standard on how work gets done, and this couldn't have come at a better time as organizations adapt to ...

CAVU Named a 2022 Inno Fire Award Winner
Alabama Inno
·
Aug 18, 2022

The creativity and passion of Alabama startups and entrepreneurs has not been halted by the pandemic and uncertain times....

CAVU Guide: What Is Scrum, and Why Should You Learn It?
Career Karma
·
Jul 22, 2022

As the demand for Scrum professionals rises, now is the perfect time to acquire Scrum skills. At the time of writing, job...

Amplify: Chris Sims
ACT | The App Association
·
Jul 21, 2022

ACT | The App Association recognizes the gap in representation in the app economy, and we want to change that. Our Amplif...

CAVU Founder Chris Sims on Professional Development Throu...
KingsCrowd
·
Jul 11, 2022

Professional development training is mutually beneficial for both employees and employers. Employees build valuable skill...

Deep Dive: Learn Scrum in Less than a Week with CAVU
Career Karma Career Karma
·
Jul 6, 2022

In a fast-evolving tech world, only those with the skills to adapt will stay afloat. The recent global pandemic painted a...

Scrum Training for All: Introducing CAVU's Diversity Scho...
Career Karma
·
Jun 6, 2022

The lack of diversity is endemic in the tech industry. After many years of preaching the gospel of diversity and inclusio...

CAVU launches crowdfunding campaign on selective investin...
Alabama Inno
·
Jun 1, 2022

CAVU, a social learning platform from local startup Sigao Studios, has launched a crowdfunding campaign on the private in...

Helping Alabama businesses create career paths and lift l...
·
May 16, 2022

With a growth-oriented business plan and defined community impact, CAVU seemed to qualify for an impact investment from t...

How Alabama's First Benefit Corporation is Trying to Chan...
Yahoo
·
Apr 11, 2022

Barely six months old, Birmingham-based CAVU (CAVU-dot-c-o) wants to do big things. As a social learning platform company...

Meet Alabama Inno's Startups to Watch for 2022
Alabama Inno
·
Jan 18, 2022

While the pandemic continued in 2021, the creativity and passion of Alabama startups and entrepreneurs certainly did not ...

Alabama entrepreneurs joining the benefit corporation mov...
·
Jan 4, 2022

Sims said CAVU’s business model, like Sachai Tea’s, goes beyond the traditional bottom line. Its mission centers on provi...

5 startups, $50K in funding. Catch the action at Alabama ...
Bham Now
·
Oct 13, 2021

On Wednesday, November 17th, eleven startups from across the state will compete for a share of $75K in seed funding at th...

Scrum training helped this Birmingham tech VP get stronge...
Bham Now Bham Now
·
Sep 21, 2021

If you've spent time in Birmingham's tech scene, you've likely come across Ben Podbielski. Ben shared his story with us, ...

Tech job postings are booming in Chicago, but some worry ...
Chicago Inno

The U.S. tech sector has remained in hiring mode this year, according to the latest data from IT trade association CompTI...

Helping Alabama businesses create career paths and lift l...
Philanthropy News Digest (PND)

It is still relatively uncommon for corporate foundations in the United States to make impact investments, despite the fa...

Show all
Logo of CAVU

CAVU

CAVU successfully raised $31,775 from 42 investors on October 29, 2022
Profile picture of Corey Stewart
Profile picture of Ray Robinson
Profile picture of Christina Smith
Profile picture of Alfonso Vasquez
Profile picture of Christopher Sims
Corey, Ray, Christina, Alfonso, Christopher, and 37 others invested. 12 Reviews
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