dexFreight on Republic 2022 – KingsCrowd

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dexFreight on Republic 2022 – KingsCrowd


Valuation Cap

$37,000,000

Reporting Date

12/01/2022

Chance of Max

unlikely

Momentum

cold.svg

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Location

Dawn, Florida

Business

Logistics, Supply, & Provide Chain

Tech Sector

EnterpriseTech

dexFreight, with a valuation of $37 million, is elevating funds on Republic. The corporate has developed a market community for freight firms to deal with shipments from reserving to cost utilizing good contracts. The platform connects freight brokers, carriers, shippers, and different members of the provision chain. dexFreight has a community of two,419 carriers, 620 shippers, and 1,309 brokers and posted 42 million shipments in 2021. Jim Handoush, Rajat Rajbhandari, Hector Hernandez, Adrian Giannini, and Ricardo Escobar based dexFreight in October 2018. The present crowdfunding marketing campaign has a minimal goal of $25,000 and a most goal of $3.93 million. The marketing campaign proceeds will likely be used for enterprise growth within the US and LATAM, analysis and growth, enlargement of buyer success operations, and infrastructure upkeep.

Abstract Revenue and Loss Assertion

Income

$12,177

$1,274

COGS

$25,600

$13,500

Tax

$0

$0

 

 

Internet Revenue

$-1,638,682

$-3,384,887

Abstract Stability Sheet

Money

$44,170

$94,810

Accounts Receivable

$101,777

$7,058

Complete Belongings

$177,695

$101,868

Quick-Time period Debt

$842,831

$981,403

Lengthy-Time period Debt

$1,757,471

$2,334,761

Complete Liabilities

$2,600,302

$3,316,164

Financials as of: 12/01/2022

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Elevate Historical past

dexFreight 04/03/2023 Republic $37,000,000 $1,260 SAFE
Energetic
RegCF
dexFreight 03/28/2022 StartEngine $30,054,917 $1,069,872 Fairness – Widespread
Funded
RegCF

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