Durable

Early Stage

Car dealerships need to upgrade to meet EV demands; we expedite that change

Overview

Platform

Netshares

Start Date

01/04/2023

Close Date

10/31/2023

Min. Goal

$1,070,000

Max. Goal

$5,000,000

Min. Investment

$250

Security Type

Equity - Common

Series

Pre-Seed

Funding Type

RegCF

Price Per Share

$5.00

Pre-Money Valuation

$25,000,000

Location

Las Vegas, Nevada

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Business Type

Growth

Durable, with a valuation of $25 million, is raising funds on NetShares. The company is electrifying car dealerships across the US with its proprietary methods of data collection and software. The business expedites the process of upgrading car dealerships to meet EV demands with its services, products, and software deployment. Durable handles everything from surveys, design, and installation to maintenance and operation. Xavone Charles founded Durable in April 2022. The current crowdfunding campaign has a minimum target of $1.07 million and a maximum target of $5 million. The campaign proceeds will be used for client sales development, dealer education materials, product certification, dealership prototype and product inventory, marketing, and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 01/04/2023
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Durable on NetShares 2023
$
Platform: Netshares
Security Type: Equity - Common
Valuation: $25,000,000

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