Upshift on Wefunder 2022 – KingsCrowd

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Upshift on Wefunder 2022 – KingsCrowd


Valuation Cap

$15,000,000

Reporting Date

12/22/2022

Probability of Max

unlikely

Momentum

cold.svg

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Location

San Francisco, California

Trade

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

MarketplaceTech

Upshift, with a valuation cap of $15 million, is elevating funds on Wefunder. The corporate provides a fractional automotive leasing service that gives drivers the peace of thoughts of getting a automotive on the times they drive, with out the friction of proudly owning a automotive. Members can request a automotive prematurely or with as quick discover as 1 hour, and they’re going to obtain a clear automotive with a full tank at their doorstep. Upshift additionally permits members to subscribe to their service and obtain a automotive on designated days repeatedly. Ezra Goldman and Ayako Hiwasa based Upshift in October 2012. The present crowdfunding marketing campaign has a minimal goal of $50,000 and a most goal of $447,000. The marketing campaign proceeds might be used for hiring (engineering, design, advertising, operations, advertising and basic working bills.

Abstract Revenue and Loss Assertion

Income

$196,677

$143,464

COGS

$117,300

$38,221

Tax

$0

$0

 

 

Web Revenue

$-597,910

$-214,299

Abstract Stability Sheet

Money

$240,507

$10,006

Accounts Receivable

$6,700

$7,467

Complete Property

$659,846

$262,013

Brief-Time period Debt

$553,280

$378,653

Lengthy-Time period Debt

$325,860

$330,712

Complete Liabilities

$879,140

$709,365

Financials as of: 12/22/2022

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Increase Historical past

Upshift 04/30/2023 Wefunder $15,000,000 $0 SAFE
Lively
RegCF
Upshift 11/18/2022 Republic $15,000,000 $170,640 SAFE
Funded
RegCF
Upshift 01/31/2021 Republic $8,000,000 $714,877 SAFE
Funded
RegCF

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