Roboair

Roboair

Growth Stage

Smart Travel Engineering

Smart Travel Engineering

Overview

Raised to Date: Raised: $8,320

Total Commitments ($USD)

Platform

Dealmaker Securities

Start Date

08/20/2023

Close Date

04/30/2024

Min. Goal
$20,000
Max. Goal
$4,999,903
Min. Investment

$500

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.20

Pre-Money Valuation

$50,000,000

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

02/16/2024

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$33

# of Investors

6

Momentum
Not Funded
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Year Founded

2018

Industry

Travel and Hospitality

Tech Sector

EnterpriseTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Palo Alto, New Jersey

Business Type

Growth

Roboair, with a valuation of $50 million, is raising funds on Dealmaker Securities. It is a technology company that has developed a traveler-centric travel platform. Roboair’s Robo app offers cheap flights, hotel stays, and car rentals to members, in any route or place. The company’s business model is backed by its proprietary technology and helps eliminate inefficiencies in the travel industry. Fatih Akol founded Roboair in February 2018. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $4.99 million. The campaign proceeds will be used for employment, salaries, and benefits, marketing and sales, debt repayment, working capital, and general administrative costs.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$4,224

$3,475

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-177,211

$-406,090

Summary Balance Sheet

FY 2022 FY 2021

Cash

$20,197

$12,662

Accounts Receivable

$0

$3,156

Total Assets

$40,584

$39,222

Short-Term Debt

$469,024

$31,451

Long-Term Debt

$0

$259,000

Total Liabilities

$469,024

$290,451

Financials as of: 08/20/2023
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Roboair on Dealmaker Securities 2023
Platform: Dealmaker Securities
Security Type: Equity - Common
Valuation: $50,000,000
Price per Share: $1.20

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