Movatic

Movatic

Early Stage

Movatic enables manufacturers to join the shared mobility economy.

Movatic enables manufacturers to join the shared mobility economy.

Overview

Raised to Date: Raised: $15,356

Total Commitments ($USD)

Platform

Netcapital

Start Date

01/23/2018

Close Date

05/08/2018

Min. Goal
$10,000
Max. Goal
$107,000
Min. Investment

$100

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$2,122,356

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/30/2018

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

$148

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2016

Industry

Business Services, Software, & Applications

Tech Sector

Location

Ann Arbor, Michigan

Who Should Be Interested:
Are you a company that makes mobility products? Or are you looking to join the shared mobility economy? Well then, investing in Movatic might be the move for you. Their app is able to work with any mobility product and allows operators to manage all of their systems and networks through its admin suite.

The Company:
Movatic is an app-based solution that helps manufacturers join the shared mobility economy. App-based shared mobility is a $458 billion annual market in the US alone, and it’s continuing to grow. This trend is leading to any company that makes mobility products, like bikes, cars, or scooters, trying to become a sharing company. Movatic is here to help make that happen. Movatic can work with any company to make their product sharable. Company operators can manage their systems through Movatic’s admin suite, and Movatic brings together a variety of companies through its app. Therefore, as Movatic states, “...every company that joins Movatic’s prosperous ecosystem is part of a global network that gets stronger and more compelling with each addition.” So far, Movatic is working with ten companies, has a strong sales pipeline with their revenue doubling every 6 months (without investment)...and they’ve already broken even.

The Bottom Line:
Movatic is the app that makes things move and keeps your shared mobility options open and ticking. With them, you can turn your mobility company into a shared mobility company...and become part of that billion dollar (and growing!) market.
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Movatic 03/11/2019 Netcapital $2,610,195 $953 Equity - Common Not Funded RegCF
Movatic 05/07/2018 Netcapital $2,122,356 $15,356 Equity - Common Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Movatic on Netcapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $2,122,356
Price per Share: $2.00

Follow company

Follow Movatic on Netcapital

Buy Movatic's Deal Report

Warning: according to the close date for this deal, Movatic may no longer be accepting investments.

Movatic Deal Report

Get KingsCrowd’s comprehensive report on Movatic including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Movatic is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Movatic deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge