eCarra

eCarra

Early Stage

Luxury Electric Car Rideshare— Plant a Tree with Every Ride

Luxury Electric Car Rideshare— Plant a Tree with Every Ride

Overview

Raised to Date: Raised: $14,916

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/10/2020

Close Date

01/21/2021

Min. Goal
$100,000
Max. Goal
$428,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

01/30/2021

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$210

Momentum
Not Funded
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Year Founded

2018

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

MarketplaceTech

Distribution Model

B2B2C

Margin

Low

Capital Intensity

High

Location

Carrollton, Texas

Business Type

Growth

eCarra, with a valuation cap of $5 million, is raising funds on Wefunder. The company offers luxury electric car rideshare services in Tesla vehicles. The services are clean and luxurious and are accompanied by planting a tree for every ride. eCarra has proprietary software for EV ride share infrastructure. Rock Robinson founded eCarra in 2018 and has raised over $500,000 since its founding. The current round of crowdfunding has a minimum goal of $100,000 and a maximum goal of $428,000, and the funds will be used for marketing, hiring sales team and management, and expansion of 20 new vehicles and facilities. eCarra has over 16,000 members, with 98% member retention in the last 12 months.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$78,627

$0

COGS

$0

$0

Tax

$0

$476

 

 

Net Income

$-201,814

$-23,774

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$28,267

Accounts Receivable

$2,500

$0

Total Assets

$86,524

$28,267

Short-Term Debt

$8,542

$0

Long-Term Debt

$233,473

$55,399

Total Liabilities

$242,015

$55,399

Financials as of: 11/10/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
eCarra 01/20/2021 Wefunder $5,000,000 $14,916 SAFE Not Funded RegCF
eCarra 03/03/2020 Wefunder $1,000,000 $107,000 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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eCarra on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $5,000,000

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