About this raise: Freebird Rides, with a valuation of $32.5 million, is raising funds on Wefunder. It is a mobility marketplace that offers users rewards and cash for using Lyft and Uber. Freebird Rides drives consumers to businesses and delivers guaranteed customer spending. The app’s beta launch has yielded over 30,000 monthly active users, taking more than 4 million Freebird rides and $3 billion in tracked transactions. Kurt Brendlinger founded Freebird Rides in June 2015. The current crowdfunding campaign has a minimum target of $50,004.00 and a maximum target of $5 million. The campaign proceeds will be used for new product development, SG&A, and expansion of the national rollout in early 2024.
Investment Overview
Invested : $2,920,977
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 12/12/2023
- Close Date
- 04/22/2024
$50,004
$5,000,000
$500
Equity - Common
Pre-Seed
RegCF
$10.00
$32,500,000
Company & Team
Company
- Year Founded
- 2015
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $16,100,000
- VC Backed?
- No
Growth Charts
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.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.