Roadsider

Early Stage
Roadside assistance
Overview
Raised: $1,261
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/02/2023
Days Remaining
41
% of Min. Goal
13%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$35
Momentum
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Year Founded
2018
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Roadsider, with a valuation of $9 million, is raising funds on NetCapital. The company is leveraging cloud technology to transform the roadside assistance industry. Roadsider has developed comprehensive and cloud-based towing and fleet management software to streamline operations, drive growth for businesses, and enhance customer satisfaction. The company has already launched the mobile-first platform and is in discussions with industry giants, including Road America, Tesla, All State, and Geico. Jeanne Beliveau-Dunn, Ajmal Sardar, Van Zinchenko, and Shakir Ali founded Roadsider in April 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.2 million. The campaign proceeds will be used for product development, go-to-market execution, customer support and integration, partnership development, and general and administrative expenses.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$37 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-59,124 |
$-83,151 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$73,853 |
$896 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$116,443 |
$33,382 |
Short-Term Debt |
$0 |
$0 |
Long-Term Debt |
$0 |
$0 |
Total Liabilities |
$0 |
$0 |
Financials as of: 10/27/2023
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