Travelmate Robotics

Travelmate Robotics

Early Stage

The first robot assistant and self moving suitcase.

The first robot assistant and self moving suitcase.

Overview

Raised this Round: Raised: $100,716

Total Commitments ($USD)

Platform

StartEngine

Start Date

08/24/2021

Close Date

09/30/2021

Min. Goal
$9,999
Max. Goal
$534,996
Min. Investment

$247

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$3.00

Pre-Money Valuation

$22,634,595

Year Founded

2016

Industry

Consumer Products, Goods & Services

Tech Sector

Hardwaretech

Distribution Model

B2C

Margin

High

Capital Intensity

High

Location

Las Vegas, Nevada

Business Type

Growth

Travelmate Robotics, with a valuation of $22.6 million, is raising funds on StartEngine. The company has created a robotic travel assistant who can carry luggage like a self-moving suitcase. The robot assistant is powered by a patented movement system that uses AI and machine learning to follow people whenever they go. Travelmate Robotics has already gained recognition, with over 3,000 articles written about it. Maximillian Kovtun founded Travelmate Robotics in July 2016. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $534,996. The campaign proceeds will be used for innovation, expansion, and growth.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$373,927

$107,709

Tax

$0

$0

 

 

Net Income

$-528,244

$-206,048

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$230,644

$465,911

Accounts Receivable

$0

$0

Total Assets

$340,161

$488,721

Short-Term Debt

$0

$33,296

Long-Term Debt

$0

$0

Total Liabilities

$0

$33,296

Financials as of: 08/24/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Travelmate Robotics 09/29/2021 StartEngine $22,634,595 $100,716 Equity - Common Not Funded RegCF
Travelmate Robotics 08/29/2019 Wefunder $16,000,000 $787,422 SAFE Funded RegCF
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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

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Travelmate Robotics on StartEngine 2021
Platform: StartEngine
Security Type: Equity - Common
Valuation: $22,634,595
Price per Share: $3.00

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