Movatic
Early Stage
Movatic enables companies to join the shared mobility economy.
Overview
Raised: $953
Total Commitments ($USD)
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
Price Per Share
$2.50
Pre-Money Valuation
$2,610,195
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
03/10/2019
Days Remaining
Not Funded
% of Min. Goal
10%
% of Max. Goal
1%
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 | 03/12/2019 | Netcapital | $2,610,195 | $953 | Equity - Common | Not Funded | RegCF |
| Movatic | 05/08/2018 | Netcapital | $2,122,356 | $15,356 | Equity - Common | Funded | RegCF |
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