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 $20,000,000. The campaign proceeds will be used for customer acquisition and growth, platform and network development, sales and marketing, and working capital.

Expand

Investment Overview

Invested this round: $950,000

Deal Terms

Total Commitments

Platform
DealMaker Securities
Start Date
08/04/2022
Close Date
11/15/2022
Min. Goal
$500
Max Goal
$20,000,000
Min. Investment

$500

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$2.10

Pre-Money Valuation

$75,000,000

Company & Team

Company

Year Founded
2015
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
MarketplaceTech
Distribution Model
B2B
Margin
Low
Capital Intensity
Low
Location
Huntington Beach, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Richard Burnett
Title
CEO

Financials

 Revenue +1,562% YoY
$1,974,762
 Cash on Hand
$2,590,189

Balance Sheet

Cash and Cash Equivalents

$2,590,189

Property, Plant and Equipment (PP&E)

$5,538

Total Assets

$4,409,932

Accounts Payable & Accrued Liabilities

$0

Long Term Debt

$190,000

Total Liabilities

$232,499

Total Stockholders' Equity

$4,177,433

Total Liabilities and Equity

$4,409,932

Statement of Comprehensive Income Information

Total Revenues

$1,974,762

Costs & Expenses Applicable to Rev

$2,781,320

Depreciation and Amortization

$177,102

Net Income

$920,858

Earnings Per Share - Basic

$0.02

Earnings Per Share - Diluted

$0.02

Auditor: IndigoSpire CPA Group
Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Analyst Report Analyst Report Methodology Article

LaneAxis’ software enables shippers and carriers to connect easily and provides much-needed visibility into the entire supply chain. Its blockchain technology gives it a unique edge. But it's uncertain if the company can capitalize on it. 

Company Funding & Growth

Funding history

Total Prior Capital Raised
$6,069,715
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
Create a free account today to gain access to Kingscrowd analytics.

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.

Employee History

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
LaneAxis on Dealmaker Securities 2022
Platform: DealMaker Securities
Security Type: Equity - Common
Valuation: $75,000,000
Price per Share: $2.10

Follow company

Follow LaneAxis on Dealmaker Securities 2022

Buy LaneAxis's Deal Report

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

LaneAxis Deal Report

Get Kingscrowd's comprehensive report on LaneAxis including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether LaneAxis is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise
  • Our deep-dive analyst report reviewing the deal's investment potential and bullish vs. bearish outlook

Buy the LaneAxis deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge