XiQ
About this raise
ElectroniXiQ (XiQ) is here to revolutionize keyless entry and security for vehicles and machines. They’ve developed The Stinger, which is patented device that offers an innovative solution to when it comes to keyless light vehicle and machine security, engagement and experience. Designed for everything from ATVs and construction vehicles to golf carts, XiQ currently has a presence with over 38 dealers nationwide, and they’ve had their first global sales orders in Australia and Canada. The Stinger is also being used by its first University fleet, as well as an entire Atlantic Station micro city fleet. Plus, XiQ’s mobile app is consumer tested and ready for wide scale development, and they’ve successfully developed a device that supports efficient IoT platforms.
Investment Overview
Invested : $14,820
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 03/13/2018
- Close Date
- 06/08/2018
$10,000
$107,000
$100
Equity - Common
RegCF
$1.00
$2,387,250
Company & Team
Company
- Year Founded
- 2015
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2C
- Margin
- Capital Intensity
- Location
- Avondale Estates, Georgia
- Company Website
-
Visit Website
Team
- Employees
- 5
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/08/2018 | StartEngine | $2,387,250 | $14,820 | Equity - Common | Funded | RegCF |