Transportation 4 Life

Transportation 4 Life


About this raise: 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.

Expand

Investment Overview

Invested this round: $194,986

Deal Terms

Total Commitments ($USD)

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

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$7,000,000

Discount

20%

Company & Team

Company

Year Founded
2020
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
CommerceTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Naples, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
9
Prior Founder Exits?
No
Founder Name
Allen Witters
Title
CEO
Founder Name
Jason Gabauer
Title
CFO
Founder Name
John Arciero
Title
COO

Financials

 Revenue
$0
 Monthly Burn
$27,757
 Runway
0 months

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

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

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

Growth Charts

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.

Valuation History

Price per Share History

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

Employee History

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Transportation 4 Life on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $7,000,000

Follow company

Follow Transportation 4 Life on Wefunder

Buy Transportation 4 Life's Deal Report

Warning: according to the close date for this deal, Transportation 4 Life may no longer be accepting investments.

Transportation 4 Life Deal Report

Get Kingscrowd's comprehensive report on Transportation 4 Life including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Transportation 4 Life is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Transportation 4 Life deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge