CB Auto Group on Wefunder

The only concierge car-buying service exclusively for labor union members.


Key Stats

Minimum Raise

$250,000

Maximum Raise

$1,069,980

Likelihood of Max Unlikely
Start Date

05/07/2019

Stop Date

06/18/2019

Days Remaining

Closed

Security Type

Perferred Stock

Investment Minimum

$500

Deal Type

No Review


Investment Summary

Status

Not Funded / Not Sure

# of Investors

Not Known

% of Minimum Raised

N/A

% of Maximum Raised

N/A

Dollars Per Day to Reach Max

N/A

DPD* Committed

N/A

DPD* Category

$3,639

DPD* All Companies

$1,085

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Union Auto Program, with a pre-money valuation of $31.5 million, is raising crowdfunding on WeFunder. Union Auto Program is the only car buying service specific to the labor union members. Additionally, it also offers free ‘peace of mind’ benefits. Union Auto Program is currently operating in fourteen states and plans to expand nationally. The company markets directly to the labor unions and their members. Union Auto Program was founded by John A Perez who grew up with union members and founded the company to pay back the community. The current crowdfunding round is expected to launch on May 10, 2019, and the proceeds will be used to expand the program nationally. Union Auto Program received 100 registrations per month during beta testing in 2018 while the day it opened to members in January 2019, it received 1,700 registrations from members looking to buy a vehicle.

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