Warehouse Republic

Growth Stage

Warehousing and Logistics for E-Commerce Sellers

Analytics

Raised to Date: Raised: $193,197

Aggregate Commitments $

Platform

Wefunder

Start Date

11/01/2021

Close Date

03/12/2022

Min. Goal

$250,000

Max. Goal

$3,000,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$25,000,000

Discount Rate

10%

Rolling Commitments $

Status

Active

Reporting Date

11/28/2021

Days Remaining

104

% of Min. Goal

77%

% of Max. Goal

6%

Likelihood of Max
unlikely
Avg. Daily Raise

$7,155

Momentum
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Location

Austin, Texas

Industry

Logistics, Delivery, & Supply Chain

Tech Sector

Retailtech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

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: 11/01/2021
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Warehouse Republic on Wefunder 2021
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Platform: Wefunder
Security Type: SAFE
Valuation: $25,000,000

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