LaneAxis

LaneAxis

Early Stage

Blockchain-Powered Direct Freight Network

Overview

Raised this Round: Raised: $4,933,734

Total Commitments ($USD)

Platform

StartEngine

Start Date

03/15/2021

Close Date

08/31/2021

Min. Goal
$9,999
Max. Goal
$4,938,318
Min. Investment

$298

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.10

Early Bird Valuation

$21,242,681

Pre-Money Valuation

$32,681,048

Year Founded

2015

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

MarketplaceTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Location

Huntington Beach, California

Business Type

High Growth

LaneAxis, with a pre-money valuation of $32.6 million, is raising crowdfunding on StartEngine. 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. Rick Burnett founded LaneAxis in 2015. The proceeds of the current crowdfunding round, with a minimum raise of $9,999 and a maximum raise of $3,929,999.70, will be used to propel the project to the next level and solve massive inefficiencies in the supply chain. The patented technology of LaneAxis uses a data-fuelled network to connect shippers with carriers and automates shipping management.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,060,177

$-626,712

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$39,604

$33,185

Accounts Receivable

$109,770

$0

Total Assets

$2,379,325

$2,207,132

Short-Term Debt

$333,370

$399,397

Long-Term Debt

$251,919

$100,000

Total Liabilities

$585,289

$499,397

Financials as of: 03/15/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
LaneAxis 05/22/2024 Dealmaker Securities $75,000,000 $1,667,631 Equity - Common Funded RegA+
LaneAxis 04/28/2024 Wefunder $75,000,000 $5,500 SAFE Not Funded RegCF
LaneAxis 11/14/2022 Dealmaker Securities $75,000,000 $950,000 Equity - Common Funded RegA+
LaneAxis 08/30/2021 StartEngine $32,681,048 $4,933,734 Equity - Common Funded RegCF
LaneAxis 05/20/2020 StartEngine $7,970,000 $1,069,952 Equity - Common Funded RegCF
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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

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LaneAxis on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $32,681,048
Price per Share: $1.10

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