BitiCar
Early Stage
creating a better platform for drivers and passengers
Overview
Raised: $0
Total Commitments ($USD)
Platform
CrowdSource Funded
Start Date
01/01/2020
Close Date
06/29/2021
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$10
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$25,000,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
06/29/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2018
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
BitiCar, an emerging rideshare company, is raising funds on CrowdSource Funded. The company is disrupting the rideshare industry by correcting the major flaws affecting the drivers and passengers. The company aims to provide generous compensation to the drivers to create exceptional customer service experience for the riders. BitiCar will generate additional revenues through advertising partnerships. The company was founded by Tobias Rene, a serial entrepreneur. The current crowdfunding round of BitiCar has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the proceeds will be used towards marketing and promotion, tech and app development, office staffing, and legal, compliance, and consulting expenses. The services of BitiCar are expected to launch soon.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 01/01/2020
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