HUM

HUM

Closed: Dec. 2024

About this raise

HUM, with a valuation of $4.2 million, is raising funds on EquityVest. It is a transportation network company that provides on-demand and pre-arranged transportation services. HUM is built using proven technology and partnerships that support the business without expensive infrastructure. The platform is based on a driver-first model and allows drivers to own and operate their business and keep 100% of the fare. Garrett Kolb and Christopher Kolb founded HUM in April 2023. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1 million. The campaign proceeds will be used for marketing, research and development, future wages, general working capital, and legal expenses.

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Investment Overview

Invested this round: $105,308

Deal Terms

Total Commitments

Platform
EquityVest
Start Date
12/15/2023
Close Date
12/31/2024
Min. Goal
$25,000
Max Goal
$1,000,000
Min. Investment

$100

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$4,161,000

Company & Team

Company

Year Founded
2023
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
MarketplaceTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Location
Los Gatos, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Chris Kolb
Title
CEO

Financials

 Revenue
$0
as of FY2022
 Monthly Burn
$2,558
as of FY2022
 Runway
0 months
as of FY2022

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-30,700

$-41,300

Summary Balance Sheet

FY 2022 FY 2021

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$72,000

$41,300

Long-Term Debt

$0

$0

Total Liabilities

$72,000

$41,300

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/31/2024 EquityVest $4,161,000 $105,308 Equity - Common Funded RegCF
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Add to portfolio
HUM on EquityVest 2023
Platform: EquityVest
Security Type: Equity - Common
Valuation: $4,161,000
Price per Share: $1.00

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Follow HUM on EquityVest 2023

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Warning: according to the close date for this deal, HUM may no longer be accepting investments.

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