Ship It Pro

Ship It Pro

Early Stage

AI-Powered Shipment Damage Prevention

AI-Powered Shipment Damage Prevention

Overview

Raised this Round: Raised: $115,279

Total Commitments ($USD)

Platform

StartEngine

Start Date

11/28/2022

Close Date

01/27/2023

Min. Goal
$10,000
Max. Goal
$1,235,000
Min. Investment

$400

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.54

Pre-Money Valuation

$4,012,326

Year Founded

2020

Industry

Logistics, Delivery, & Supply Chain

Tech Sector

AutomationTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

Cordova, Tennessee

Business Type

Growth

Ship It Pro, with a valuation of $4.01 million, is raising funds on StartEngine. The company is developing technology to prevent cargo damage before it happens. The technology is patent-pending and uses artificial intelligence and data analysis to identify the causes of damage and implement solutions. Ship It Pro currently aims to enter the Insurtech and FreightTech markets while extending into FinTech, RegTech, and Business Intelligence segments later. Wesley Montague founded Ship It Pro in April 2020. The current crowdfunding campaign has a minimum target of $9,999.91 and a maximum target of $1.23 million. The campaign proceeds will be used to launch the technology and market it.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-12,612

$-3,927

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$20

$100

Accounts Receivable

$0

$0

Total Assets

$20

$100

Short-Term Debt

$28,790

$16,178

Long-Term Debt

$0

$0

Total Liabilities

$28,790

$16,178

Financials as of: 11/28/2022
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Ship It Pro on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $4,012,326
Price per Share: $0.54

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