Vuba

Vuba

Vuba helps cities move and breathe more easily. Fast, safe and no CO2. $1.3 billion contract pending

Vuba helps cities move and breathe more easily. Fast, safe and no CO2. $1.3 billion contract pending

Overview

Raised to Date: Raised: $111,306

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/02/2020

Close Date

04/30/2021

Min. Goal
$100,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

5.00X

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/01/2021

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

$625

# of Investors

103

Momentum
Funded
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Year Founded

2018

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Cleantech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Colorado Springs, Colorado

Business Type

Growth

Vuba, an innovative transportation company, is raising funds on Wefunder. The company is in the process of making a modern and urban, driverless transportation network in Kigali. It is working in partnership with the Rwandan government and will provide pollution-free electric vehicles to customers at the press of a button on their mobile phones. Paul Klahn and Peter Muller founded Vuba in 2018. The proceeds of the current crowdfunding campaign, with a minimum raise of $100,000 and a maximum raise of $1,070,000, will be used for marketing, project development, technology development, and business operations. Vuba is focused on helping to heal the planet with its faster, safer, and sustainable transport.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-125,297

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$480

$0

Accounts Receivable

$1,000

$0

Total Assets

$1,480

$0

Short-Term Debt

$76,278

$0

Long-Term Debt

$0

$0

Total Liabilities

$76,278

$0

Financials as of: 11/02/2020
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Vuba on Wefunder
Platform: Wefunder
Security Type: Revenue Share

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