[Closed for Investment] Hopp, with a post-money valuation of $10.06 million, is raising crowdfunding on NetCapital. The company has developed a social carpooling app that connects riders with drivers who have empty seats. Thus, the app serves as a road buddy finder that helps people save money and reduce their carbon footprint. Antoine Allain, Fabrice Allain, and Eve Mitchell founded Hopp in May 2019. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $1,069,999, and the proceeds will be used for marketing, payroll, accounting, and liability repayment. Hopp also serves as a social networking platform as it matches potential road buddies with similar interests and helps to network while traveling.
Investment Overview
Raised: $99,267
Deal Terms
Total Commitments ($USD)
- Platform
- Netcapital
- Start Date
- 05/13/2021
- Close Date
- 11/18/2021
$10,000
$1,069,999
$99
Equity - Common
Pre-Seed
RegCF
$0.80
$9,000,000
Company & Team
Company
- Year Founded
- 2019
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
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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.
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