Transportation 4 Life

Early Stage

All-Inclusive Tesla EV Subscriptions for Enjoyable and Easy Transportation Access

Analytics

Raised to Date: Raised: $194,986

Aggregate Commitments $

Platform

Wefunder

Start Date

11/27/2020

Close Date

04/30/2021

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$7,000,000

Discount Rate

20%

Rolling Commitments $

Status
Funded
Reporting Date

05/02/2021

Days Remaining
Funded
% of Min. Goal

390%

% of Max. Goal

18%

Likelihood of Max
Funded
Avg. Daily Raise

$1,266

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Location

Naples, Florida

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

CommerceTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Transportation 4 Life, with a $7 million valuation cap, is raising crowdfunding on Wefunder. The company provides subscription services for Testa electric vehicles. The all-inclusive subscriptions provide worry-free and hassle-free use of Tesla’s electric vehicles by paying a monthly fee. The fee includes insurance, maintenance, taxes and registration, roadside service support, and other services. Allen Witters founded Transportation 4 Life in September 2020 and has raised over $340,000 since its inception. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $1,070,000, will be used towards marketing, fleet assets, back-office solutions, and operational costs. Transportation 4 Life has demonstrated over 400% month-over-month social media growth and has strategic partnerships with a leading insurance company, finance company, and EV manufacturers.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-333,081

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 11/27/2020
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Transportation 4 Life 03/11/2022 StartEngine $42,000,000 $192,963 Equity - Common Funded RegCF
Transportation 4 Life 04/30/2021 Wefunder $7,000,000 $194,986 SAFE Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Transportation 4 Life on Wefunder
$
Platform: Wefunder
Security Type: SAFE
Valuation: $7,000,000
Invest in a different round for this company? Use my investment date to determine which raise I invested in.

Follow company

Follow Transportation 4 Life on Wefunder
View on Wefunder (Closed)
Bullish / Bearish
You're Bullish on Transportation 4 Life on Wefunder

Thank you for your vote on Transportation 4 Life on Wefunder

Bullish / Bearish
You're Bearish on Transportation 4 Life on Wefunder

Thank you for your vote on Transportation 4 Life on Wefunder