NEXTEL Mobile
About this raise
NEXTEL Mobile, with a valuation of $25 million, is raising funds on StartEngine. The company provides push-to-talk and cellular mobile solutions to fleet and dispatch customers and all wireless customers. The business works as a Mobile Virtual Network Operator (MVNO) and caters to numerous business enterprises. NEXTEL Mobile has partnered with Nextel Inc. to license its iconic intellectual property. Jeffrey Kaplan founded NEXTEL Mobile in October 2010. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,069,995. The campaign proceeds will be used for growth and expansion.
Investment Overview
Invested : $29,911
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 03/01/2022
- Close Date
- 04/30/2022
$10,000
$1,069,995
$300
Equity - Common
Growth Stage
RegCF
$5.00
$25,000,000
Company & Team
Company
- Year Founded
- 2010
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue +177% YoY
- $1,590,540
- Monthly Burn
- Profitable
-
Cash on Hand
- $60,016
- Gross Margin
- 23%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2022 | StartEngine | $25,000,000 | $29,911 | Equity - Common | Funded | RegCF |
