CB Auto Group

CB Auto Group

Early Stage

The only concierge car-buying service exclusively for labor union members.

The only concierge car-buying service exclusively for labor union members.

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/06/2019

Close Date

06/18/2019

Min. Goal
$250,000
Max. Goal
$1,069,980
Min. Investment

$500

Security Type

Equity - Preferred

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$35.00

Pre-Money Valuation

$31,500,000

Year Founded

2016

Industry

Consumer Products, Goods & Services

Tech Sector

Location

Roswell, Georgia

Union Auto Program, with a pre-money valuation of $31.5 million, is raising crowdfunding on WeFunder. Union Auto Program is the only car buying service specific to the labor union members. Additionally, it also offers free ‘peace of mind’ benefits. Union Auto Program is currently operating in fourteen states and plans to expand nationally. The company markets directly to the labor unions and their members. Union Auto Program was founded by John A Perez who grew up with union members and founded the company to pay back the community. The current crowdfunding round is expected to launch on May 10, 2019, and the proceeds will be used to expand the program nationally. Union Auto Program received 100 registrations per month during beta testing in 2018 while the day it opened to members in January 2019, it received 1,700 registrations from members looking to buy a vehicle.
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CB Auto Group on Wefunder
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $31,500,000
Price per Share: $35.00

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