Vehiko
Early Stage
Disrupting and reinventing the business model for selling new cars!
Overview
Raised: $66,110
Total Commitments ($USD)
Platform
Wefunder
Start Date
01/05/2022
Close Date
08/31/2022
Min. Goal
$150,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Early Bird Val. Cap
$5,000,000
Valuation Cap
$8,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
09/03/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$279
# of Investors
34
Momentum
Not Funded
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Year Founded
2021
Industry
Consumer Products, Goods & Services
Tech Sector
MarketplaceTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Vehiko, with a valuation of $8 million, is raising funds on Wefunder. The company has developed a platform for reimagining and elevating the car-buying experience. The platform will bring car buyers and franchised car dealerships together through a unified digital marketplace using sales automation and AI functionalities. Vehiko uses AI and machine learning to improve user experiences and increase new car dealerships’ sales pipeline. Edward Agabs founded Vehiko in June 2021. The current crowdfunding campaign has a minimum target of $150,000 and a maximum target of $1,070,000. The campaign proceeds will be used for R&D, key hires, dealer group sales and user acquisition, and working capital.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-10,431 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$1,628 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$33,671 |
$0 |
|
Short-Term Debt |
$1,804 |
$0 |
|
Long-Term Debt |
$41,548 |
$0 |
|
Total Liabilities |
$43,352 |
$0 |
Financials as of: 01/05/2022
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