bringpro

bringpro

Early Stage

Delivery Service

Delivery Service

Overview

Raised this Round: Raised: $7,750

Platform

StartEngine

Start Date

08/17/2017

Close Date

12/08/2017

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$250

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.50

Pre-Money Valuation

$5,315,000

Year Founded

2017

Industry

Logistics, Delivery, & Supply Chain

Tech Sector

MarketplaceTech

Location

Irvine, California

bringpro, with a valuation of $5.3 million, is raising funds on StartEngine. It is a professional pickup, delivery, and installation service for items backed by modern technology. bringpro uses its fleet of vehicles and screened and trained drivers for a consistent user experience. The business offers B2C and B2B services and does not crowdsource its delivery associates to ensure consistency in quality and professionalism. Jamie Garelli founded bringpro in June 2017. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.07 million. The campaign proceeds will be used for marketing, app development, salaries, franchising, repayment of loans, and working capital.

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$394,430

$48,492

COGS

$382,972

$133,774

Tax

$800

$1,681

 

 

Net Income

$-667,212

$-336,940

Summary Balance Sheet

FY 2016 FY 2015

Cash

$145,266

$104,474

Accounts Receivable

$0

$0

Total Assets

$265,737

$211,624

Short-Term Debt

$27,555

$0

Long-Term Debt

$77,494

$93,964

Total Liabilities

$105,049

$93,964

Financials as of: 08/17/2017
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bringpro on StartEngine 2017
Platform: StartEngine
Security Type: Equity - Common
Valuation: $5,315,000
Price per Share: $2.50

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