eCarra

Neutral
BETA

Luxury Electric Car Rideshare— Plant a Tree with Every Ride

Analytics

Raised to Date: $14,916

Aggregate Commitments $
Platform

Wefunder

Start Date

11/11/2020

Close Date

01/21/2021

Min. Goal

$100,000

Max. Goal

$428,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$5,000,000

Discount Rate

20%

Weekly Commitments $
Status
Funded
Reporting Date

01/31/2021

Days Remaining
Funded
% of Min. Goal

15%

% of Max. Goal

3%

Likelihood of Max
Funded
Avg. Daily Raise

$210

Momentum
Funded
Location

Carrollton, Texas

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

MarketplaceTech

Distribution Model

B2B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

eCarra, with a valuation cap of $5 million, is raising funds on Wefunder. The company offers luxury electric car rideshare services in Tesla vehicles. The services are clean and luxurious and are accompanied by planting a tree for every ride. eCarra has proprietary software for EV ride share infrastructure. Rock Robinson founded eCarra in 2018 and has raised over $500,000 since its founding. The current round of crowdfunding has a minimum goal of $100,000 and a maximum goal of $428,000, and the funds will be used for marketing, hiring sales team and management, and expansion of 20 new vehicles and facilities. eCarra has over 16,000 members, with 98% member retention in the last 12 months.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$78,627

$0

COGS

$0

$0

Tax

$0

$476

 

 

Net Income

$-201,814

$-23,774

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$0

$28,267

Accounts Receivable

$2,500

$0

Total Assets

$86,524

$28,267

Short-Term Debt

$8,542

$0

Long-Term Debt

$233,473

$0

Total Liabilities

$242,015

$55,399

Summary of Crowdfunding Raises
Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
01/21/2021 Wefunder $5,000,000 $14,916 SAFE Confirmed Closed RegCF
03/04/2020 Wefunder $1,000,000 $107,000 SAFE Confirmed Closed RegCF

Ratings

last updated 01/21/2021

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