Fleeting
Connecting commercial drivers with on-demand trucking jobs
Analytics
Raised to Date: $1,070,000
Aggregate Commitments $
Republic
02/24/2020
07/12/2020
$25,000
$1,070,000
$100
SAFE
RegCF
Seed
$10,000,000
20%
Weekly Commitments $
08/02/2020
4,280%
100%
$7,698
4,823
Transportation, Automotive, Aviation, & Aerospace
MarketplaceTech
B2B/B2C
Low
Low
Fleeting, with a $10 million valuation cap, is raising funds on Republic. The platform connects commercial truck drivers with trucking companies offering on-demand trucking jobs. The drivers provided through Fleeting are vetted by background checks, drug tests, and previous employment reviews. Through Fleeting, the truck companies only pay for the hours worked by the drivers and thus manage efficiencies. Fleeting was founded by Pierre Laguerre, Anil Jagarlamudi, Paul Munguia, and Benny Hammond in April 2018. The proceeds of the current round of crowdfunding, with a minimum target of $25,000 and a maximum target of $1,070,000, will be used for product development, driver acquisition, and new market expansion. Fleeting is backed by prominent investors and has reported a 20% month-over-month growth in 2019.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$41,866 |
$0 |
|
COGS |
$30,784 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-50,094 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$-51 |
$0 |
|
Accounts Receivable |
$41,866 |
$0 |
|
Total Assets |
$41,815 |
$0 |
|
Short-Term Debt |
$50,709 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$50,709 |
$0 |
Ratings
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Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.
For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.Other Deals
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