Durable
Early Stage
Car dealerships need to upgrade to meet EV demands; we expedite that change
Overview
Platform
Netshares
Start Date
01/03/2023
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
SEC Filing Type
RegCF
Price Per Share
$5.00
Pre-Money Valuation
$25,000,000
Year Founded
2022
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
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: 01/03/2023
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