Updraft Ventures
- 3 Central Street, Providence, RI 02907, United States
- updraftventures.com
Updraft Ventures was founded in 2016 by Ethan Carlson and Giuseppe Crosti.
Our mission is to empower everyone to make more value-based decisions. This mission is based on a thesis is that if you:
They will take more risks, build value for themselves and others, and make more value-based decisions that will have positive social impact. We achieve this by partnering with small business entrepreneurs to build a network of Escape Room venues around the country. Updraft provides all of the tools and capital to start an Escape Room venue, including the operating knowledge and physical game product, and enters into a revenue share agreement with entrepreneurs in order to ensure that success is shared.
To date Updraft has opened 3 escape rooms across the US, and brought them to profitability. In May we secured a $1M seed round, and have since grown to a team of 5. We hope to double the team by the end of 2018.
Our mission is to empower everyone to make more value-based decisions. This mission is based on a thesis is that if you:
- Train generalists
- Enable them to build passive income streams for themselves
- Embed them in their local communities, and
- Give them creative confidence
They will take more risks, build value for themselves and others, and make more value-based decisions that will have positive social impact. We achieve this by partnering with small business entrepreneurs to build a network of Escape Room venues around the country. Updraft provides all of the tools and capital to start an Escape Room venue, including the operating knowledge and physical game product, and enters into a revenue share agreement with entrepreneurs in order to ensure that success is shared.
To date Updraft has opened 3 escape rooms across the US, and brought them to profitability. In May we secured a $1M seed round, and have since grown to a team of 5. We hope to double the team by the end of 2018.