Republic Republic Republic
  • Log in
Oops! We couldn’t find any results...
Can’t find a deal? Try advanced search.
Is something missing? Add your suggestion here.
Primary market Live deals Secondary market Buy and sell Republic Note Own a piece of Republic's upside Investor Network Membership Receive exclusive discounts and benefits
Republic Venture Opportunities for accredited investors
Republic Capital Multi-stage venture firm Republic Digital Crypto hedge fund
Wallet Manage your digital assets Mobile app Available on iOS or Android Learning center Explore investor resources FAQ Get your questions answered
Capital fundraising Raise on Republic Tokenized assets Design, launch, manage tokenized assets Sharedrops Gift equity as a reward
Advisory Access veteran web3 advisors Infrastructure Stake your digital assets Tokenization Deploy your assets on-chain Asset management Explore digital asset funds
Republic Capital In-house Venture Capital fund Broker dealer Regulated capital services
Log in Sign up

Republic Republic Republic
Oops! We couldn’t find any results...
Can’t find a deal? Try advanced search.
Is something missing? Add your suggestion here.
  • US
  • Log in
  • Sign up
All investors
Primary market Live deals Secondary market Buy and sell Republic Note Own a piece of Republic's upside Investor Network Membership Receive exclusive discounts and benefits
Accredited only
Republic Venture Opportunities for accredited investors
Institutional
Republic Capital Multi-stage venture firm Republic Digital Crypto hedge fund
More
Wallet Manage your digital assets Mobile app Available on iOS or Android Learning center Explore investor resources FAQ Get your questions answered
Spotlight deal
Hamilton Lane Private Infrastructure Fund
Hamilton Lane Private Infrastructure Fund
Get unique access to the full spectrum of private markets with Hamilton Lane
Growth capital solutions
Capital fundraising Raise on Republic Tokenized assets Design, launch, manage tokenized assets
Sharedrops Gift equity as a reward
Web3 services
Advisory Access veteran web3 advisors Infrastructure Stake your digital assets Tokenization Deploy your assets on-chain Asset management Explore digital asset funds
Institutional services
Republic Capital In-house Venture Capital fund
Broker dealer Regulated capital services

Ludus isn't accepting new investments

Ludus’ deadline was January 22, 2023

Follow the company to stay updated on their progress, including future investment opportunities


Explore new investment opportunities:
View companies raising now
Campaign ended
Logo of Ludus

Ludus

Web-based tools for the performing arts trusted by 1,000+ organizations
Software B2B Arts & Entertainment
Facebook Telegram Twitter LinkedIn
Featured image of Ludus
$226,866
Raised
186
Investors
Successfully funded and closed on January 22, 2023.
Invest in Ludus

Open for investment

Investors in Ludus also invested in these companies. View more
Logo of Eli Roth's The Horror Section

Eli Roth's The...

A brand-new independent studio from an iconic horror...

Republic Funding Portal · Reg CF
Logo of The Catholic Herald

The Catholic Herald

The world’s oldest Catholic publication is undergoin...

Republic Funding Portal · Reg CF
Logo of RYSE

RYSE

Smart Shades for your Smart Home - over $9mm in sale...

Capital R · Reg A+
Logo of Revolution Race Cars

Revolution Race Cars

Building the Best Race Car on Earth to bring Top Tie...

Republic Funding Portal · Reg CF
Loading...
Pitch Updates 3 Reviews 21
Invest Invest in Ludus
Facebook Telegram Twitter LinkedIn
Closed on January 22, 2023. Information may not be up-to-date. Campaign closed on January 22, 2023. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
About Team

Documents

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

Hear from some of the 186 people reserved or invested in Ludus


Show more

Highlights


$1M+ revenue
Company had over $1M in revenue in the past 12 months
Bootstrapped
High traction without any outside capital
Profitable
Company has been profitable for the past 6 months
  • Trusted by 1,000+ performing arts orgs
  • Partnered with national & state associations: AACT, EdTA, WHSFA, & more
  • Strong community of customer advocates accelerating growth
  • $10.7M in Marketplace GOV for 2021 (up 206% from 2020)
  • $10.8M in Marketplace GOV for 2022; projected $23.6M for 2022
  • Estimated $4.8B market

Problem


Performing arts organizations have growing, complex, and unique needs

Performing arts organizations of all sizes — from 50-seat playhouses to 3,000+ seat performing arts centers — need ticketing, marketing, fundraising, patron management, and reporting tools to help them manage their growing and complex organizations. The issue is that the majority of solutions on the market are outdated, too expensive, and lack ease-of-use due to failure of adapting to the market's needs after years of little innovation.

As thousands of arts organizations are coming out of a pandemic, they are in need of something that reduces costs, removes complexities in their existing structures, and allows them to rebuild through flexible, easy-to-learn tools.

Solution


Web-based software for the performing arts that simply works

Built from the ground up for a director, Ludus is now trusted daily by 10,000+ directors, box office managers, and patrons across K-12, Colleges, Community Theatres, Non-Profits, and Performing Arts Centers of all sizes (as of April 2022).

Ludus creates web-based tools that allows arts organizations to manage their ticketing, marketing, fundraising, and more — the product thinks like its users, leading to ease-of-use and flexibility that grows with their organizations. Through our free pricing model, we are able to completely remove an expense from their income statement, allowing them to put that money toward growth and creative innovation (benefiting Ludus more and more over time).

Product


How it works

Ticketing
Ludus started as a ticketing platform and continues to provide the best tools to manage online and in-person ticket sales. This includes a modern ticket buying/selling process, simple exchanges/refunds, box office point-of-sale features, activity logging for patron support, and much more.

Marketing
Organizations can stay in touch with their patrons through our premium Marketing suite, giving them tools to craft beautiful emails using our drag-and-drop email designer and the ability to filter patrons into custom audiences based on dozens of parameters.

Fundraising
Organizations can collect donations at checkout when patrons are buying tickets or any time via the Donate tab on their Ludus page. Fundraising tools include Fundraisers (custom campaign pages with goals), Levels for managing donor tiers, and recurring donations.

Collections
Collections allows organizations to collect payments for things beyond ticket sales such as member dues, registrations, trips, venue rentals, and practically anything else.

Patron Management (CRM)
Whether a patron buys tickets, makes a donation, or buys a season pass, they'll have a profile filled with all of their information and activity. Ludus customers can quickly see who their top patrons are, what types of shows they like, and categorize them into Groups for easy organization.

Reporting
All reports in Ludus are real-time and flexible, giving organizations full insight into their sales, patron data, and more using our powerful (yet simple) browser-based spreadsheets.

Customization
Customization and branding is important to organizations, so we give them the tools to design their Ludus pages using our designer or custom CSS. Going beyond, organizations can upgrade to our premium Embed Widget to embed Ludus right into their own websites for an extra fee.

COVID and safety
Organizations are still feeling the negative effects of the pandemic and the challenges it has brought to the performing arts community. Ludus offers safety features to help host safe, socially distant shows in-person including Seat Buffering for automatic social distancing and Arrival Times for staggered arrival.

Streaming
Organizations can reach a new audience far and wide with our streaming platform, AnywhereSeat, allowing an organization to sell virtual tickets to virtual events (such as live streams and pre-recorded videos).

Fast and friendly support
Oftentimes it's nice to talk to a real person who understands what your job consists of. At Ludus, we offer real-time support through our chat widget, step-by-step guides, videos, help articles, and our 888 phone number.

Traction


206% increase in Marketplace GOV compared to 2020

In 2021, Ludus processed over $10.7 million in Marketplace Gross Order Value ("Marketplace GOV"). This is a 206% increase in Marketplace GOV compared to 2020. 

As of 4/30/2022 Ludus has processed $10.8 million in Marketplace Gross Order Value.

—
70% projected GOV growth '23–'26

Click here for important information regarding Financial Projections which are not guaranteed.

Customers


Army of Advocates

Why we are set to win

We have built a strong community of advocates (we commonly refer to them as our “Army of Advocates”) that recommend and fight for Ludus within their circles. This is due to offering a product that is beyond what is currently offered within our market, with the perfect business model, and a focus on next-level customer support.

But donʼt just take our word for it:

A collection of screenshots gathered from Facebook, showing advocacy for Ludus among our customers. Ludus has taken over comment threads in our market's Facebook Groups when ticketing is brought up.

Based on reviews given by our customers through Capterra.com, common themes were ease-of-use, customer support, and simple pricing that doesn't break the budget.

Business model


How we make money

Ludus operates based on a convenience fee model with additional premium add-on features available to customers. Our main source of revenue is through the ticketing fee which makes up 89% of our revenue, with the other 11% being multiple complementary revenue streams (as of 12/31/2021).

Breakdown of revenue streams

Ticketing

5% + $0.75/ticket when a patron pays using a card.

Marketing

$99/yr OR an additional $0.05 added onto ticketing fees

Embed Widget

$99/yr OR an additional $0.05 added onto ticketing fees

Fundraising

3.5% + $0.50/donation

Collections

5% + $0.75/collection registration

Add-Ons

5% + $0.75/item

AnywhereSeat (Streaming)

5% + $0.75/virtual ticket

Mailed Tickets

$3.50 extra to receive thermal tickets in the mail


Market


Estimated $4.8B+ market

in ticketing for education and community organizations

Below are our estimates based on public figures and internal sales data (the market we operate in does not make finding exact figures easy, especially within the K-12 education world):

As of 12/31/2021

Competition


More than just ticketing

Ticketing is a saturated market, which is why we have a focus on being more than ticketing—turning our competitors into features.

Our main competitors include BookTix, ShowTix4U, ThunderTix, SeatYourself, and ArtsPeople. A common theme within their names is they are stuck on ticketing ("Tix")—while we envision building tools to run performing arts organizations end-to-end (ticketing, marketing, fundraising, collections, patron/volunteer management, and streaming).

Based on publicly accessible or provided information

Vision and strategy


Where we are heading

Ludus is in a unique financial position to not require outside capital to fund day-to-day operations. All outside capital will directly go into further accelerating growth and increasing the gap between our product's offerings and the competition.

We are partnered with a number of state and national associations within our market, positioning Ludus as a leader.


Investment utilization

  • Increase team size — with the additional outside capital, we plan on hiring an additional 5 employees focused in product development and sales to accelerate our product's offerings.
  • Partnerships — with increased resources, we will focus on putting effort into partnering with more state and national associations which lead to increased growth.

Founders


Zachary Collins : Co-Founder & CEO

Zachary taught himself web development at the age of 12. He was named a Teen Entrepreneur to Watch by TechCrunch and a Top Young Web Developer by .net Magazine. He help cofound a startup in Portland, OR at 17 and started Ludus a few years later in his college dorm room.

—

Kevin Schneider : Co-Founder & President

Kevin is an award-winning theatre director with over 32 years of teaching and directing experience. Previous winner of Michigan Theatre Teacher of the Year, member of the Speeches Coaches Hall of Fame, director of 24 state title-winning theatre productions and current president of the state speech and theatre association.

Deal terms


Valuation cap

$20,000,000

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

Discount

0%

If a trigger event for Ludus 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 Ludus is accepting.
Learn more

Funding goal

$1.07M

Ludus must achieve its minimum goal of $25K before the deadline. The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
Ludus 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 the Company (currently Zachary Collins)

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 Ludus, LLC. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Ludus Crowd SAFE Ludus Form C.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Ludus.
Invest
$5,000
Receive
  • Invite to exclusive Ludus investors Discord channel
3 investors
Invest
$50,000
Receive
  • Seat on advisory board.
  • Limited (2 left of 5)

About Ludus

Legal Name
Ludus, LLC
Founded
Jul 2016
Form
Michigan LLC
Employees
7
Website
Ludus.com
Social Media
Headquarters
Google Map location of of Ludus
217 East 24th Street 140 , Holland, MI
Headquarters
217 East 24th Street, 140, Holland, MI, United States 49423

Ludus Team
Everyone helping build Ludus, not limited to employees

Profile picture of Zachary Collins
Zachary Collins
Co-founder & CEO
Profile picture of Kevin Schneider
Kevin Schneider
Co-founder & President
Profile picture of Sasa Kukic
Sasa Kukic
Vice President Finance & Strategy
Profile picture of Ben St. John
Ben St. John
Technology Advisor
Profile picture of Collin Stiner
Collin Stiner
LAMP Developer
Profile picture of Jacquie Shannon
Jacquie Shannon
Customer Success Manager
Profile picture of Ethan Henry
Ethan Henry
Customer Success Specialist
Profile picture of Kaghen Miller
Kaghen Miller
Customer Acquisition Specialist
5 more team members
Zachary Collins
Co-founder & CEO
Ben St. John
Technology Advisor
Kevin Schneider
Co-founder & President
Collin Stiner
LAMP Developer
Sasa Kukic
Vice President Finance & Strategy
Jacquie Shannon
Customer Success Manager
Ethan Henry
Customer Success Specialist
Kaghen Miller
Customer Acquisition Specialist
Logo of Ludus

Ludus

Ludus successfully raised $226,866 from 186 investors on January 22, 2023
Profile picture of Brian Belley
Profile picture of Anthony Roberts
Profile picture of Kyle Scullion
Profile picture of Derrik Oates
Profile picture of Glenn Burney
Brian, Anthony, Kyle, Derrik, Glenn, and 181 others invested. 21 Reviews
Republic

Giving everyone access to early-stage startup investing

For investors
  • Why invest
  • How it works
  • FAQ
  • Risks
  • Privacy policy
  • Accessibility
  • Cookie Preferences
  • Form CRS
For startups
  • Why raise
  • Learn
  • FAQ
  • Instruments
  • Crowd SAFE
  • Tokenized assets
Company
  • About
  • Journal
  • Events
  • Contact
  • We're hiring!
Dollar Refer a startup, get $2,500
Dollar Refer a startup, get $2,500

Invest in the app

Android app iOS app

Invest in the app

Android app iOS app

This site (the "Site") is owned and maintained by OpenDeal Inc., which is not a registered broker-dealer. OpenDeal Inc. does not give investment advice, endorsement, analysis or recommendations with respect to any securities. All securities listed here are being offered by, and all information included on this Site is the responsibility of, the applicable issuer of such securities. The intermediary facilitating the offering will be identified in such offering’s documentation.

All related securities activity is conducted by OpenDeal Broker LLC a registered broker-dealer, Member of FINRA and SiPC, an affiliate of OpenDeal Inc. and OpenDeal Portal LLC, located at 149 5th Avenue, 10th Floor, New York, NY 10010. Please check our background on FINRA’s BrokerCheck.

Certain pages discussing the mechanics and providing educational materials regarding regulation crowdfunding offerings may refer to OpenDeal Broker LLC and OpenDeal Portal LLC collectively as “Republic”, solely for explanatory purposes.

Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC make investment recommendations and no communication, through this Site, or in any other medium, should be construed as a recommendation for any security offered on or off this investment platform. Investment opportunities posted on this Site are private placements of securities that are not publicly traded, involve a high degree of risk, may lose value including the total loss of invested capital, are subject to holding period requirements and are intended for investors who do not need a liquid investment. Past performance is not indicative of future results. Investors must be able to afford the loss of their entire investment. Only qualified investors, who understand the risks of early-stage investment and who meet the Republic's investment criteria may invest. Investors may be restricted to only Accredited Investors or non-U.S. persons, to invest in offerings hosted by OpenDeal Broker. Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC, nor any of their officers, directors, agents and employees make any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy or completeness of any information on this Site or the use of information on this site. Offers to sell securities can only be made through official offering documents that contain important information about the investment and the issuers, including risks. Investors should carefully read the offering documents. Investors should conduct their own due diligence and are encouraged to consult with their tax, legal and financial advisors.

By accessing the Site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. Please also see OpenDeal Broker’s Business Continuity Plan and Additional Risk Disclosures. All issuers offering securities under regulation crowdfunding as hosted by OpenDeal Portal LLC are listed on the All Companies Page. The inclusion or exclusion of an issuer on the Platform Page and/or Republic’s Homepage, which includes offerings conducted under regulation crowdfunding as well as other exemptions from registration, is not based upon any endorsement or recommendation by OpenDeal Inc, OpenDeal Portal LLC, or OpenDeal Broker LLC, nor any of their affiliates, officers, directors, agents, and employees. Rather, issuers of securities may, in their sole discretion, opt-out of being listed on the Platform Page and Homepage.

Investors should verify any issuer information they consider important before making an investment.

Investments in private companies are particularly risky and may result in total loss of invested capital. Past performance of a security or a company does not guarantee future results or returns. Only investors who understand the risks of early stage investment and who meet the Republic's investment criteria may invest.

Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC verify information provided by companies on this Site and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Site can be found by searching the EDGAR database, or the offering documentation located on the Site when the offering does not require an EDGAR filing.

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. Therefore, when you use the Services we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license, passport or other identifying documents.

Republic and its affiliates are not and do not operate or act as a bank. Certain banking services are provided by BankProv, member FDIC / member DIF. FDIC coverage only applies in the event of bank failure. Digital (crypto) assets and investment products are not insured by the FDIC, may lose value, and are not deposits or other obligations of BankProv and are not guaranteed by BankProv. Terms and conditions apply.

Invest in startups using your credit card
You can invest using your credit card

Made in SF/NYC