CB Auto Group
Early Stage
The only concierge car-buying service exclusively for labor union members.
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
05/07/2019
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
Price Per Share
$35.00
Pre-Money Valuation
$31,500,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
06/19/2019
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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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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