LaneAxis on StartEngine

Transforming Freight Transportation

Raise to date: $160,554

Reporting Date: 03/29/2020

Key Stats

Minimum Raise

$10,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

02/24/2020

Stop Date

05/21/2020

Days Remaining

51

Security Type

Equity

Investment Minimum

$300

Deal Type

Deal to Watch


Investment Summary

Status

Active

# of Investors

292

% of Minimum Raised

1,606%

% of Maximum Raised

15%

Dollars Per Day to Reach Max

$17,832

DPD* Committed

$4,722

DPD* Category

$0

DPD* All Companies

$961

Kingscrowd Momentum

$160,554

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

LaneAxis, with a pre-money valuation of $7.9 million, is raising funds on StartEngine. The company is implementing SaaS technology into the supply chain industry to eliminate outdated processes. The patented technology of LaneAxis uses a data-fuelled network to connect shippers with carriers and automates shipping management. LaneAxis was founded by Rick Burnett in 2015, and the Pro Truck Driver app was launched in the fourth quarter of 2019. The current round of crowdfunding has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the funds will be used to scale the network, customers, and revenue. LaneAxis is led by a strong team and has strategic partnerships to ensure its growth and expansion.

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