Movatic

Movatic

Early Stage

Movatic enables companies to join the shared mobility economy.

Movatic enables companies to join the shared mobility economy.

Overview

Raised to Date: Raised: $953

Total Commitments ($USD)

Platform

Netcapital

Start Date

12/12/2018

Close Date

03/11/2019

Min. Goal
$10,000
Max. Goal
$91,000
Min. Investment

$100

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.50

Pre-Money Valuation

$2,610,195

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

03/09/2019

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$11

Momentum
Not Funded
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Year Founded

2016

Industry

Business Services, Software, & Applications

Tech Sector

Location

Ann Arbor, Michigan

Movatic sells its software to companies looking to launch shared mobility. A few clients include, Zoom Bikeshare, the city of Santiago’s Metro, GE Aviation, Shutterfly, Samsung, Merk, River Cities Bike Share. To support these sales Movatic partners with mobility hardware OEMs (the companies that make bike lockers, bikes, bike locks etc.). These partners integrate Movatic into their products so that they can now sell sharable or rentable systems to their existing customer base.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Movatic 03/11/2019 Netcapital $2,610,195 $953 Equity - Common Not Funded RegCF
Movatic 05/07/2018 Netcapital $2,122,356 $15,356 Equity - Common Funded RegCF
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Movatic on NetCapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $2,610,195
Price per Share: $2.50

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

Movatic Deal Report

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