Sterling Transportation
[Closed for Investment] Sterling Transportation, with a pre-money valuation of $2 million, is raising funds on TruCrowd. It is a transportation company that organizes bus tours with a high customer service mindset. The services of Sterling Transportation include trips to wineries, bachelorette night outs, wedding transportation, and prom transportation. Robert John Zajac founded Sterling Transportation in May 2016. The current crowdfunding round has a minimum raise of $10,000 and a maximum raise of $1,070,000, and the funds will be used to add offices and garages, make additions to the fleet, hire management, and disrupt seasonality. Sterling Transportation has 432 5-out-of-5-stars reviews online and is known for its excellent customer service.
Investment Overview
Raised: $0
Deal Terms
Total Commitments ($USD)
- Platform
- truCrowd
- Start Date
- 04/30/2021
- Close Date
- 07/23/2021
$10,000
$1,070,000
$200
Equity - Common
Pre-Seed
RegCF
$10,000.00
$2,000,000
Company & Team
Company
- Year Founded
- 2016
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue -60.3% YoY
- $68,741
- Monthly Burn
- $3,766
-
Runway
- 1.4 months
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 07/23/2021 | truCrowd | $2,000,000 | $0 | Equity - Common | Not Funded | RegCF |