BTP Automation
About this raise
BTP Automation, with a valuation of $10 million, is raising funds on Wefunder. The company is transforming the hotel sourcing industry through adaptive and intelligent technology. The BTP Index of BTP Automation delivers real-time hotel spend performance visibility and proactive automation of key movers of compliance and negotiations. BTP Automation has a strong early sales pipeline of $4 million and has already delivered more than $1 million in savings to their customers year-to-date. Fernando Avila founded BTP Automation in 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,000,000. The campaign proceeds will be used for hiring, additional development, marketing, and operational expenses.
Investment Overview
Invested : $111,301
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 06/23/2022
- Close Date
- 10/19/2022
$50,000
$1,000,000
$100
SAFE
Early Stage
RegCF
$10,000,000
20%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Travel and Hospitality
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,184,986
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/19/2022 | Wefunder | $10,000,000 | $111,301 | SAFE | Funded | RegCF |