Stodo

Early Stage

Stodo is a hyper-local on-demand delivery service bringing the big city experience to small towns and suburbs.

Analytics

Raised to Date: Raised: $57,252

Aggregate Commitments $

Platform

Netcapital

Start Date

04/03/2018

Close Date

07/06/2018

Min. Goal

$10,000

Max. Goal

$106,248

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Pre-Money Valuation

$1,070,103

Rolling Commitments $

Status
Funded
Reporting Date

07/31/2018

Days Remaining
Funded
% of Min. Goal

573%

% of Max. Goal

54%

Likelihood of Max
Funded
Avg. Daily Raise

$609

Momentum
Funded
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Location

Naugatuck, Connecticut

Industry

Consumer Products, Goods & Services

Tech Sector

Stodo is bringing the ease and convenience of living in a big city out to the suburbs. They are a “hyper-local on-demand delivery service” that delivers fast food, beverages, dry cleaning, groceries, or whatever else you can think of directly to your home, even if you live in a small town. You’re also connected with a real human being when you order, so there’s no confusion either. So far, Stodo has completed over 4,000 orders in a test market that earns $15,000 or more below its state’s median income, showing that this service is in demand for everyone -- not just those with large disposable incomes. They believe there are roughly 30,000 markets that would support a company like Stodo, and, with the long-term goal of using autonomous cars and solar powered robotics to maximize delivery efficiencies, they’ve selected target cities in Canada and Europe they hope to pursue in the next 24 months.
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Stodo on Netcapital
$
Platform: Netcapital
Security Type: Equity - Common
Valuation: $1,070,103

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