TruckBux on SeedInvest

Full-stack online ordering platform for food truck owners and their customers

Raise to date: $217,467

Reporting Date: 08/12/2020

Key Stats

Minimum Raise

$25,000

Maximum Raise

$1,000,000

Likelihood of Max Unlikely
Start Date

06/12/2020

Stop Date

08/02/2020

Days Remaining

Closed

Security Type

Convertible Note

Investment Minimum

$1,000

Deal Type

No Review


Investment Summary

Status

Confirmed Closed

# of Investors

Not Known

% of Minimum Raised

870%

% of Maximum Raised

22%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$4,264

DPD* Category

$0

DPD* All Companies

$1,859

Kingscrowd Momentum

$217,467

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

TruckBux, with a $6 million valuation cap, is raising funds on SeedInvest. The TruckBux app allows customers to look for food trucks around them, order the food, make payments, and get the food delivered or pick it up. The food truck owners get to receive online orders, manage their menu and hours, set their live location, and receive sales analytics. TruckBux was founded by Nick Nanakos and has raised over $250,000 in previous rounds of financing. The current crowdfunding round has a minimum raise of $25,000 and a maximum raise of $1,000,000, and the funds will be used for advertising and marketing, salaries and wages, software and subscriptions, data expenses, travel, and contractors. TruckBux currently has over 60 food trucks signed up on its platform and is allowed to deliver in all 50 states due to its integration with Postmates. The company achieved $157,000 in gross merchandise value in 2019, up 123% year-over-year.

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