OBI (formerly Bellhop Technologies) (2017)
About this raise
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.
Investment Overview
Invested : $351,536
Deal Terms
Total Commitments
- Platform
- Republic
- Start Date
- 09/25/2017
- Close Date
- 10/21/2017
$50,000
$428,000
$100
SAFE
RegCF
$5,000,000
20%
Company & Team
Company
- Year Founded
- 2014
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2C
- Margin
- Capital Intensity
- Location
- New York, New York
- Company Website
-
Visit Website
Team
- Employees
- 1
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