Carlocity
About this raise
Carlocity, with a $5 million valuation cap, is raising crowdfunding on Wefunder. The company has developed an anonymous car shopping platform that enables car shoppers to shop for cars without any discrimination. The car dealers receive anonymous deal requests and reply with deal sheets that buyers can accept or reject. Peter Difilippantonio founded Carlocity in June 2020. The proceeds of the current crowdfunding round, with a minimum raise of $75,000 and a maximum raise of $250,000, will be used towards customer acquisition and retention, marketing, technology development, and support services. Carlocity platform is preferred by 47% over car shopping websites and by 72% over online-only dealers.
Investment Overview
Invested $178,964 :
Deal Terms
Company & Team
Company
- Year Founded
- 2020
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- Low
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Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
11/10/2021 | Wefunder | $5,000,000 | $178,964 | Convertible Note | Funded | RegCF |