Fleeting on Republic

Connecting commercial drivers with on-demand trucking jobs

Raise to date: $60,295

Reporting Date: 03/29/2020

Key Stats

Minimum Raise

$25,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

02/24/2020

Stop Date

04/29/2020

Days Remaining

29

Security Type

SAFE

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

272

% of Minimum Raised

241%

% of Maximum Raised

6%

Dollars Per Day to Reach Max

$34,817

DPD* Committed

$1,773

DPD* Category

$0

DPD* All Companies

$961

Kingscrowd Momentum

$60,295

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

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.

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