American Eli Truck Network
About this raise
American Eli Truck Network, with a valuation of $15 million, is raising funds on PicMii. The company provides reliable full truck load freight transportation services for owners, manufacturers, and distributors. American Eli Truck Network provides seamless and efficient interstate freight transportation solutions and is also focused on driver satisfaction. The business handles all freight with the utmost care and hauls loads from coast to coast to all 48 continental US states. Christopher Gokool-John founded American Eli Truck Network in June 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $124,000. The campaign proceeds will be used for trucks, insurance, plates, decals, attorney fees, and working capital.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- PicMii
- Start Date
- 01/08/2024
- Close Date
- 04/25/2024
$10,000
$124,000
$250
Convertible Note
Early Stage
RegCF
$15,000,000
20%
Company & Team
Company
- Year Founded
- 2022
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
Financials
-
Revenue
-
$576,248
as of FY2022
- Monthly Burn
-
Profitable
as of FY2022
-
Cash on Hand
-
$37,000
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/25/2024 | PicMii | $15,000,000 | $0 | Convertible Note | Not Funded | RegCF |
