XpressRun

One API to enable DTC brands to deliver smarter and faster than Prime

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Form C
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Security Type
Convertible Note
Categories
Technology, Community & Lifestyle
Min Investment
$100
Location
Louisville, KY
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$100.00K
No. Investors
81
Security Price
$1
Website
xpressrun.com
Number of Employees
3
Cash
$190,520
Revenue
$22,485
Short Term Debt
$5,750
Cost of Goods
$40,211
Long Term Debt
$0
Net Income
$-160,230

Key Deal Facts

🚚 Last-mile delivery network with over 3 million drivers across +20,000 zip codes.
🀝 Partnership with U.S leading last-mile delivery companies including Doordash & Roadie.
Empowering hundreds of brands nationwide with efficient local delivery solutions.
πŸ‡ΊπŸ‡Έ We're operating in all 50 US States ! Expected to launch in Canada by Q4 2023 (not guaranteed)
πŸ’ͺ Led by a dedicated team with expertise in eCommerce tech, logistics, and enterprise Sales.
βœ… Backed by Techstars, Google for Startups, Keyhorse Capital.

Management Team / Advisory Board Bios

Sada Wane Co-Founder, CEOSada is an IU Neuroscience & Informatics major turned Founder. He previously worked on an e-commerce marketplace startup before co-founding XpressRun. He is passionate about human-centered design and believes that empathy has the power to push ideas., Ahmadou Diop Co-Founder, OperationsAhmadou's background is in fulfillment operations. He previously worked in operations for Emerson and Amazon to improve their overall process and productivity. He is a big advocate for lean methodologies and customer-centric growth.
Amount Raised : $387,390
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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