BitiCar
About this raise
BitiCar, an emerging rideshare company, is raising funds on CrowdSource Funded. The company is disrupting the rideshare industry by correcting the major flaws affecting the drivers and passengers. The company aims to provide generous compensation to the drivers to create exceptional customer service experience for the riders. BitiCar will generate additional revenues through advertising partnerships. The company was founded by Tobias Rene, a serial entrepreneur. The current crowdfunding round of BitiCar has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the proceeds will be used towards marketing and promotion, tech and app development, office staffing, and legal, compliance, and consulting expenses. The services of BitiCar are expected to launch soon.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- CrowdSource Funded
- Start Date
- 01/02/2020
- Close Date
- 06/29/2021
$10,000
$1,070,000
$10
Equity - Common
Pre-Seed
RegCF
$1.00
$25,000,000
Company & Team
Company
- Year Founded
- 2018
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/29/2021 | CrowdSource Funded | $25,000,000 | $0 | Equity - Common | Not Funded | RegCF |
