OBI (formerly Bellhop Technologies)

OBI (formerly Bellhop Technologies)

Early Stage

Access all the major ridehails and taxis around the world in one app

Access all the major ridehails and taxis around the world in one app

Overview

Raised to Date: Raised: $351,536

Total Commitments ($USD)

Platform

Republic

Start Date

09/24/2017

Close Date

10/21/2017

Min. Goal
$50,000
Max. Goal
$428,000
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/30/2017

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$13,521

# of Investors

640

Momentum
Funded
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Year Founded

2014

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

AutomationTech

Location

New York, New York

Company Website

Techotel, with a valuation of $5 million, is raising funds on Republic. The mobile application allows users to access all ride-hail apps, compare prices across them, and save money. The users get to take the best ride at the best price. Obi has over 130,000 users and more than 235,000 ride bookings to date. The app is accelerated by Plug and Play Tech Center and incubated by Amadeus for Startups. Payam Safa founded Techotel in 2014. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $428,000. The campaign proceeds will be used to add new national, global, and regional players at an accelerated rate.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$485

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-312,908

$-148,732

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$8,257

$89,268

Accounts Receivable

$0

$0

Total Assets

$8,257

$89,268

Short-Term Debt

$158,201

$66,307

Long-Term Debt

$345,000

$205,000

Total Liabilities

$503,201

$271,307
Financials as of: 09/24/2017
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Obi 10/28/2021 Republic $19,500,000 $535,000 SAFE Funded RegCF
OBI (formerly Bellhop Technologies) 10/20/2017 Republic $5,000,000 $351,536 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Add to portfolio
Techotel on Republic 2017
Platform: Republic
Security Type: SAFE
Valuation: $5,000,000

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Deal Analytics
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