Warehouse Republic

Warehouse Republic

Growth Stage

Warehousing and Logistics for E-Commerce Sellers

Warehousing and Logistics for E-Commerce Sellers

Overview

Raised to Date: Raised: $290,067

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/31/2021

Close Date

04/30/2022

Min. Goal
$250,000
Max. Goal
$3,000,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$22,500,000

Valuation Cap

$25,000,000

Discount

10%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/30/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,611

# of Investors

236

Momentum
Funded
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Year Founded

2018

Industry

Logistics, Delivery, & Supply Chain

Tech Sector

Retailtech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Austin, Texas

Business Type

Growth

Warehouse Republic, with a valuation of $25 million, is raising funds on Wefunder. The company provides logistics and warehousing for e-commerce sellers. Warehouse Republic charges a simple all-inclusive flat fee of $35 per pallet per month, with no processing fees, holiday surge fees, or long-term storage fees. The company has been profitable and is on track to reach $2 million in revenues in 2021. Mark Taylor and Abhi Dobhal founded Warehouse Republic in February 2018. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $3,000,000. The campaign proceeds will be used for marketing, technology development, and recapitalization of the balance sheet.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,314,534

$457,168

COGS

$1,010,426

$293,125

Tax

$0

$0

 

 

Net Income

$-482,643

$-219,199

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$31,196

$23,800

Accounts Receivable

$175,841

$110,929

Total Assets

$388,584

$312,818

Short-Term Debt

$324,884

$180,510

Long-Term Debt

$871,380

$457,345

Total Liabilities

$1,196,264

$637,855

Financials as of: 10/31/2021
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Warehouse Republic on Wefunder 2021
Platform: Wefunder
Security Type: SAFE
Valuation: $25,000,000

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