QuickLoadz

QuickLoadz

Growth Stage

Smartphone-controlled robotic trailers for faster, safer, easier shipping

Smartphone-controlled robotic trailers for faster, safer, easier shipping

Overview

Raised to Date: Raised: $387,827

Total Commitments ($USD)

Platform

Republic

Start Date

02/08/2022

Close Date

04/19/2022

Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment

$150

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$12,000,000

Discount

5%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$5,621

# of Investors

549

Momentum
Funded
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Year Founded

2013

Industry

Logistics, Delivery, & Supply Chain

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Athens, Ohio

Business Type

Growth

QuickLoadz, with a valuation of $12 million, is raising funds on Republic. The company makes smartphone-controlled robotic trailers for faster, safer, and easier shipping. The hardware consists of Wi-Fi-enabled and computer-controlled trailers that drivers operate using their smartphones and can load or unload 60,000 pounds of merchandise in less than three minutes. QuickLoadz solves final-mile distribution problems faced by companies like Amazon. Sean Jones and Bridget Liar founded QuickLoadz in April 2013. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used to scale production and add sales and marketing staff.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,002,474

$703,706

COGS

$687,266

$511,559

Tax

$0

$0

 

 

Net Income

$130,062

$-497,420

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$182,122

$913,107

Accounts Receivable

$3,087

$0

Total Assets

$2,240,087

$2,117,907

Short-Term Debt

$568,124

$344,329

Long-Term Debt

$2,466,157

$2,784,644

Total Liabilities

$3,034,281

$3,128,973

Financials as of: 02/08/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
QuickLoadz Intermodal Robotics 04/24/2024 Republic $20,000,000 $166,982 SAFE Funded RegCF
QuickLoadz 04/18/2022 Republic $12,000,000 $387,827 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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QuickLoadz on Republic 2022
Platform: Republic
Security Type: SAFE
Valuation: $12,000,000

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