Travelmate Robotics

Early Stage

The first robot assistant and self moving suitcase.

Analytics

Raised to Date: Raised: $114,235

Aggregate Commitments $

Platform

StartEngine

Start Date

08/25/2021

Close Date

02/02/2022

Min. Goal

$9,999

Max. Goal

$534,996

Min. Investment

$247

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$22,634,595

Rolling Commitments $

Status

Active

Reporting Date

09/19/2021

Days Remaining

136

% of Min. Goal

1,142%

% of Max. Goal

21%

Likelihood of Max
likely
Avg. Daily Raise

$4,569

Momentum
cold
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Location

Las Vegas, Nevada

Industry

Consumer Products, Goods & Services

Tech Sector

Hardwaretech

Distribution Model

B2C

Margin

High

Capital Intensity

High

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: 08/25/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Travelmate Robotics 02/02/2022 StartEngine $22,634,595 $114,235 Equity - Common Active RegCF
Travelmate Robotics 08/30/2019 Wefunder $16,000,000 $787,422 SAFE Funded RegCF
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