Movatic (2019)

Movatic (2019)

About this raise

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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Investment Overview

Not Funded: $953

Deal Terms

Total Commitments

Platform
Netcapital
Start Date
12/13/2018
Close Date
03/12/2019
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

Company & Team

Company

Year Founded
2016
Industry
Business Services, Software, & Applications
Tech Sector
Distribution Model
B2C
Margin
Capital Intensity
Location
Ann Arbor, Michigan
Company Website
Visit Website

Team

Employees
2

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/12/2019 Netcapital $2,610,195 $953 Equity - Common Not Funded RegCF
05/08/2018 Netcapital $2,122,356 $15,356 Equity - Common Funded RegCF
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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

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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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