Wave
About this raise
Wave is raising funds on Dealmaker Securities. It is a rideshare platform offering exceptional user experiences. Wave keeps safety, quality, and integrity of utmost importance and has a strong community of drivers, riders, and business partners. The company has high-profile collaborations with Molson Coors, iHeartMedia, NFL’s Carolina Panthers, and NBA’s Charlotte Hornets and grew its revenue by 200% year-over-year in 2022. Diondre Lewis founded Wave in September 2019. The current crowdfunding campaign has a minimum target of $5,000 and a maximum target of $1.24 million. The campaign proceeds will be used for driver onboarding, purchasing dedicated vehicles, marketing and promotion, hiring, and social media marketing.
Investment Overview
Invested $74,320 :
Deal Terms
Company & Team
Company
- Year Founded
- 2019
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +168% YoY
- $3,006,190
- Monthly Burn
- Profitable
- Cash on Hand
- $38,770
- Gross Margin
- 100%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
07/19/2024 | DealMaker Securities | $25,000,000 | $74,320 | Equity - Common | Funded | RegCF |