LaneAxis

Blockchain-Powered Direct Freight Network

Overview

Raised to Date: Raised: $950,000

Total Commitments ($USD)

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

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/30/2022

Days Remaining
Funded
% of Min. Goal

190,076%

% of Max. Goal

5%

Likelihood of Max
Funded
Avg. Daily Raise

$9,223

Momentum
Funded
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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

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.

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
Financials as of: 08/04/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
LaneAxis 11/22/2023 Dealmaker Securities $75,000,000 $0 Equity - Common Active RegA+
LaneAxis 11/15/2022 Dealmaker Securities $75,000,000 $950,000 Equity - Common Funded RegA+
LaneAxis 08/31/2021 StartEngine $32,681,048 $4,933,734 Equity - Common Funded RegCF
LaneAxis 05/21/2020 StartEngine $7,970,000 $1,069,952 Equity - Common Funded RegCF
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Ratings KingsCrowd Startup Rating Methodology Article

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. 

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LaneAxis on Dealmaker Securities 2022
Platform: Dealmaker Securities
Security Type: Equity - Common
Valuation: $75,000,000

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