Mobodexter

Mobodexter

Early Stage

Software platform making it easy to build IoT and Drone projects.

Software platform making it easy to build IoT and Drone projects.

Overview

Raised to Date: Raised: $497,209

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/23/2017

Close Date

01/17/2018

Min. Goal
$100,000
Max. Goal
$803,000
Min. Investment

$300

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$20,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2018

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$5,850

# of Investors

542

Momentum
Funded
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Year Founded

2013

Industry

Industrial Services

Tech Sector

Location

Valley Cottage, New York

Mobodexter
The Internet of Things (IoT) is emerging as the next frontier of technology, bringing with it endless possibilities and opportunities. Think of Nest and Sonos as just the tip of the IoT iceberg, and you can start to imagine just what this technology revolution might bring.

MoboDexter is here to help us not just imagine that future, but to make it a reality. With their IoT platform called PAASMER, they are becoming the software backbone for the IoT, as well as other fields such as drones, blockchains, and smart cities. Their software suite includes analytics, machine learning, and artificial intelligence to make devices intelligent and secure that allows for our life to more seamlessly connect to the environment around us. And they offer it all in one affordable, accessible, easy-to-use, end-to-end solution. PAASMER is the one stop IoT platform shop.

Building IoT software in-house can both be extremely costly and stifle innovation. MoboDexter’s software, however, is versatile, flexible, and allows for IoT product to launch in just months. Their partnership with hardware vendors allows their customers to choose the right hardware for their IoT product, and with their ready-to-use, easy-to-deploy software, they can help an IoT product launch quickly and successfully. This way, companies can focus on product innovation, not costly infrastructures.

And so far, MoboDexter is finding success. The company’s co-founders have over 33 years of software domain and technical marketing experience combined, including working at Intel. The company’s current monthly recurring revenue is $75,000, and they’ve had 100% revenue growth quarter after quarter. Add in the fact that the IoT platform market was expected to reach $900 million in 2016 and double in 2017, it means that PAASMER is arriving at the perfect time for both product developers -- and investors.

MoboDexter’s mission is to be the foundation of a connected future that we are just now only seeing the potential of. PAASMER could be the platform that powers an entire connected revolution. They could be the true future of how the Internet of Things impacts not only just our things -- but our lives as well.

“Who Should Be Interested in this Offering”
The Internet of Things is the future of technology, and if you’re a IoT product developer (or soon plan to be), MoboDexter could be the investment for you. PAASMER offers clients a flexible and easy-to-use solution that enhances product launch capabilities and is being used by numerous industries, from smart cities to drone companies. Investing in MoboDexter means investing in the IoT revolution - and imagine the technological future you could help create.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Mobodexter 01/16/2018 Wefunder $20,000,000 $497,209 SAFE Funded RegCF
Mobodexter 12/09/2016 Wefunder $15,000,000 $266,641 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Mobodexter on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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