Kiwibot

Robotic system that helps companies deliver safely and timely to their customers
Analytics
Raised to Date: $704,721
Aggregate Commitments $
Wefunder
08/11/2020
01/07/2021
$50,000
$1,070,000
$100
SAFE
RegCF
Seed
$25,000,000
0%
Weekly Commitments $
01/17/2021
1,409%
66%
$4,730
840
Berkeley, California
Logistics, Delivery, & Supply Chain
AutomationTech
B2B
Low
High
Kiwibot, with a valuation cap of $25 million, is raising crowdfunding on Wefunder. The company has built a robotic delivery technology platform that helps companies deliver safely and timely to their customers. Kiwibot is focused on providing an end-to-end robotic infrastructure to restaurant chains. Felipe Chavez Cortes, Sergio Pachon, and David Rodriguez founded Kiwibot in 2016 and has raised over $5 million since its inception. The proceeds of the current crowdfunding round, with a minimum target of $50,000 and a maximum target of $1,070,000, will be used for new robot development, hiring, and other expenses. Kiwibot has completed over 100,000 deliveries worldwide and has key partnerships with Shopify, Rappi, Ordermark, and the City of San Jose.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$279,302 |
$136,804 |
COGS |
$455,503 |
$142,126 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-2,621,693 |
$-1,392,124 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$108,223 |
$195,364 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$433,894 |
$639,940 |
Short-Term Debt |
$420,047 |
$0 |
Long-Term Debt |
$26,809 |
$0 |
Total Liabilities |
$446,856 |
$26,809 |
Analyst Report
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