Roboair

Growth Stage
Smart Travel Engineering
Overview
Year Founded
2018
Industry
Travel and Hospitality
Tech Sector
EnterpriseTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
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: 08/21/2023
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