LaneAxis (2024)
About this raise
LaneAxis, with a valuation of $75 million, is raising funds through Reg A+ crowdfunding with Dealmaker Securities as the Broker-Dealer. The company is revolutionizing the global supply chain industry by creating the first broker-less shipper-to-carrier direct freight network. The network is powered by blockchain and the AXIS utility token. The patented technology of LaneAxis uses a data-fuelled network to connect shippers with carriers and automates shipping management. Rick Burnett founded LaneAxis in 2015. The current crowdfunding campaign has a maximum target of $24 million. The campaign proceeds will be used for customer acquisition and growth, platform and network development, sales and marketing, and working capital.
Investment Overview
Invested : $1,667,631
Deal Terms
- Platform
- DealMaker Securities
- Start Date
- 11/22/2022
- Close Date
- 05/23/2024
$500
$24,000,001
$500
Equity - Common
Series B
RegA+
$2.10
$75,000,000
Company & Team
Company
- Year Founded
- 2015
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +1,562% YoY
- $1,974,762
- Monthly Burn
- Profitable
- Cash on Hand
- $2,590,189
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $6,770,162
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 05/23/2024 | DealMaker Securities | $75,000,000 | $1,667,631 | Equity - Common | Funded | RegA+ |
| 04/29/2024 | Wefunder | $75,000,000 | $5,500 | SAFE | Not Funded | RegCF |
| 11/15/2022 | DealMaker Securities | $75,000,000 | $950,000 | Equity - Common | Funded | RegA+ |
| 08/31/2021 | StartEngine | $32,681,048 | $4,933,734 | Equity - Common | Funded | RegCF |
| 05/21/2020 | StartEngine | $7,970,000 | $1,069,952 | Equity - Common | Funded | RegCF |
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.