dexFreight

Fintech-enabled logistics market network powered by decentralized protocols

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Security Type
Crowd SAFE
Min Investment
$250
Location
SUNRISE, FL
Offering Date
November 30, 2022
Expected Close Date
April 03, 2023
Target Raise
$25.00K-$3.93M
No. Investors
70
Security Price
$1
Website
dexfreight.io
Number of Employees
0
Cash
$44,170
Revenue
$12,177
Short Term Debt
$842,831
Cost of Goods
$25,600
Long Term Debt
$1,757,471
Net Income
$-1,638,682

Company Description

Solving logistics fragmentation
and lack of liquidity through smart contracts

Key Deal Facts

A revenue-generating startup aiming to optimize logistics at a global scale
Leveraging DeFi (decentralized finance), & Web3 protocols
Allowing truckers to get paid faster (patent-pending)
Led by logistics & technology executives with over 20 years of experience
4,300+ companies registered (carriers, freight brokers, and shippers)
Oversubscribed previous crowdfunding round

Management Team / Advisory Board Bios

Jim Handoush
CEO & Co-founder
Senior logistics executive with 30+ years in the industry working with billion-dollar publicly traded companies and startups. Former President of Landstar Global Logistics and Co-COO of Landstar Systems.

Rajat Rajbhandari, PhD.
CIO & Co-founder
Expert in Transportation Research and Blockchain. +15 years in software development and algorithms design for logistics and mobility sectors. Working Group Lead at MOBI (Mobility Open Blockchain Initiative). Author: A Book About Blockchain

Hector Hernandez
CSO & Co-founder
Serial entrepreneur and seasoned executive logistics. 20+ years in the industry. Focused on network effects and technology-powered business model innovation. Hector also serves as a Board Member of World Transportation Services, a Florida-based 3PL.

Adrian Giannini
CTO & Co-founder
Software engineer executive with more than 20 years of experience. Has helped launch more than 160 mobile applications and SaaS products with more than 28 million unique consumers. Responsible for leading dexFreight's development team.

Ricardo Escobar
Chairman & Co-founder
Enterprise management executive. Former CIO at BHP Billiton - one of the largest mining companies in the world. Ricardo brings more than 35 years of experience in management and consulting.

Renat Khasanshyn
Head of protocols and DeFi
Expert in open-source software, cryptoeconomics, game theory, insurance product design, licensing of insurance entities, and tokenization of risk. Co-founder of Altoros, Etherisc, Protofire, Atomica Venture Partner Runa Capital.

Carlota Perez
Advisor
World renowned economist and international consultant. Author “Technological Revolutions and Financial Capital”.

Diego Gutierrez
Advisor
CEO and Co-founder of IOVLabs (RSK, RIF & Taringa platforms). Diego is one of the pioneers of web development in Argentina and Latin America, and the co-founder of Bitcoin Argentina NGO and Koibanx

Mark Draeb
Advisor
Entrepreneur and transportation technology executive. Respected consultant optimizing FMCSA data and motor carrier regulations. Co-founder of Grizella LLC, developers of Post Everywhere and SaferWatch, founder of LoadBoard Network.

Trent McConaghy, PhD
Advisor
Serial entrepreneur with 20+ years in deep technology focused on machine learning, data science, and blockchain. Founder of Ocean Protocol, Ascribe, and BigchainDB.

Cody Behles
Advisor
Assistant Director, Innovation & Research Support FedEx Institute of Technology

Michael Zargham, PhD
Advisor
Decision Scientist, Research Engineer. Expert in mathematical specifications of blockchain enabled software systems with a focus on observability and controllability of the information state of the networks. Founder and CEO, BlockScience.

Justin Banon
Advisor
Researcher within the fields of innovation and blockchain with a focus on token-powered network effects business models. CEO & Co-founder of Boson Protocol.

David Sparks
Advisor
Experienced executive responsible for growing and managing innovative infrastructure and technology in the transportation industry. Co-founder of Transcore, parent company of DAT.
Amount Raised : $58,004
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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