Carmmunity
About this raise
Carmmunity, an app for automotive enthusiasts, is raising funds on Silicon Prairie Online. The app works as the marketplace to buy, sell, and trade parts, in addition to finding local and national car events, meeting new friends, and easily connecting with other users. Daniel Balto founded Carmmunity in 2016. The proceeds of the current crowdfunding campaign, with a minimum goal of $103,500 and a maximum goal of $150,000, will be used for marketing, legal expenses, and hiring. Carmmunity uses a combination of enterprise-grade technologies and has run a successful beta. The business has a huge social media following with 100% organic growth.
Investment Overview
Invested $161,000 :
Deal Terms
Company & Team
Company
- Year Founded
- 2016
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
12/07/2021 | Silicon Prairie Online | $1,350,000 | $161,000 | Equity - Common | Funded | RegCF |