Daxbot
About this raise
Daxbot, with a valuation of $37.3 million, is raising funds on StartEngine. The company has designed food delivery robots capable of driving themselves for deliveries and maintaining interactions with customers. The Dax food delivery robots will offer an interactive experience to customers along with performing the food delivery services. The patented technology of Daxbot is already being deployed through multiple partnerships across the US. Joseph Sullivan founded Daxbot in July 2021. The current crowdfunding campaign has a minimum target of $9,997.11 and a maximum target of $1,069,995.87. The campaign proceeds will be used for growth and expansion.
Investment Overview
Invested : $429,102
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 09/16/2021
- Close Date
- 07/28/2022
$9,997
$1,069,996
$170
Equity - Common
Early Stage
RegCF
$3.39
$37,320,510
Company & Team
Company
- Year Founded
- 2021
- Industry
- Logistics, Delivery, & Supply Chain
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue -88.7% YoY
- $73,042
- Monthly Burn
- $53,860
-
Runway
- 0.4 months
- Gross Margin
- 94%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 07/28/2022 | StartEngine | $37,320,510 | $429,102 | Equity - Common | Funded | RegCF |