Fleeting on Republic

Connecting commercial drivers with on-demand trucking jobs

Raise to date: $1,070,000

Reporting Date: 07/05/2020

Key Stats

Minimum Raise

$25,000

Maximum Raise

$1,070,000

Likelihood of Max Exceeded
Start Date

02/24/2020

Stop Date

08/15/2020

Days Remaining

38

Security Type

SAFE

Investment Minimum

$100

Deal Type

Top Deal


Investment Summary

Status

Active

# of Investors

4,515

% of Minimum Raised

4,280%

% of Maximum Raised

100%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$8,106

DPD* Category

$45

DPD* All Companies

$2,176

Kingscrowd Momentum

$1,070,000

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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