About this raise: Relay Point is raising funds on Dalmore. The Company is building the first mass use case for blockchain in the $75 billion on-demand transportation market. The Relay Point app brings a brand-new solution to age-old problems in passenger-for-hire and move to freight industries – problems overlooked by Uber and Lyft and in desperate need of resolution. The Relay Point blockchain solution enables Smart Contracts to make approval, clearance, and payments faster and more efficient, while tokenization puts all aspects of a contract on the ledger, increasing transparency. The current crowdfunding campaign has a maximum target of $ 10,000,000. The campaign proceeds will be used for staffing, research and development and for purchase of real estate.
Investment Overview
Invested : $65,200
Deal Terms
Total Commitments ($USD)
- Platform
- Dalmore Group
- Start Date
- 08/19/2021
- Close Date
- 02/20/2022
$1,500
$10,000,000
$1,500
Equity - Preferred
Seed
RegA+
$5.00
$50,000,000
Company & Team
Company
- Year Founded
- 2018
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/09/2023 | Dalmore Group | $22,000,000 | - | Equity - Common | Not Funded | RegA+ |
| 02/20/2022 | Dalmore Group | $50,000,000 | $65,200 | Equity - Preferred | Funded | RegA+ |
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.