Ivee

Ivee

Early Stage

Personalizing the passenger experience

Personalizing the passenger experience

Overview

Raised this Round: Raised: $141,099

Total Commitments ($USD)

Platform

Republic

Start Date

05/19/2022

Close Date

09/30/2022

Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment

$150

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$11,000,000

Valuation Cap

$12,500,000

Discount

20%

Year Founded

2018

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

EnterpriseTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Mount Prospect, Illinois

Business Type

Growth

Ivee, with a valuation of $12.5 million, is raising funds on Republic. The company is personalizing the passenger experience with its software for ride-hail and self-driving cars. The personalization software of Ivee is cloud-based and can be delivered to vehicles and mobile phones. It combines proprietary data points and marketplace integrations with trip details provided by mobility operators. Ivee has been tested in 200,000 rides and has won several awards. Alex Giannikoulis founded Ivee in May 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used to increase the reach, invest deeper into the software, and expand monetization.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$88,723

$131,898

COGS

$78,394

$51,490

Tax

$0

$0

 

 

Net Income

$-803,813

$-384,080

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$443,935

$397,057

Accounts Receivable

$0

$0

Total Assets

$557,044

$523,695

Short-Term Debt

$6,733

$29,071

Long-Term Debt

$188,000

$103,471

Total Liabilities

$194,733

$132,542

Financials as of: 05/19/2022
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Ivee on Republic 2022
Platform: Republic
Security Type: SAFE
Valuation: $12,500,000

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