Robotic Assistance Devices Mobile
About this raise
Robotic Assistance Devices Mobile, with a pre-money valuation of $25 million, is raising funds on TruCrowd. The company is building fully autonomous security and concierge robots to be used in the global security services industry. Autonomous robots will help in reducing manned security costs, injuries, and liability incidents. Robotic Assistance Devices Mobile was founded by Steve Reinharz in August 2020. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the funds will be used for research and development, equipment, sales and marketing, events and travel, and general operating capital. Robotic Assistance Devices Mobile has signed over 75 Letters of Intent, with over $15 million in expected revenue.
Investment Overview
Invested : $73,900
Deal Terms
Total Commitments
- Platform
- truCrowd
- Start Date
- 10/09/2020
- Close Date
- 11/02/2020
$10,000
$1,070,000
$250
Equity - Common
Seed
RegCF
$10.00
$25,000,000
Company & Team
Company
- Year Founded
- 2020
- Industry
- Security, Cybersecurity, & Defense
- Tech Sector
- Distribution Model
- B2B
- 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 |
|---|---|---|---|---|---|---|
| 11/02/2020 | truCrowd | $25,000,000 | $73,900 | Equity - Common | Funded | RegCF |