Vuba

Vuba

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

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Security Type
Revenue Sharing
Categories
Transportation & Storage
Min Investment
$100
Location
Colorado Springs, CO
Offering Date
October 30, 2020
Expected Close Date
February 11, 2021
Target Raise
$100.00K
Deal Notes

20% of revenues

5.0X payback multiple

Secured by assets of Vuba.

The company will pay investors 20% of revenues each quarter until 100% of your principal is returned plus 425% on top.

Company Description

We get you there fast! In fact, our name, Vuba, means “to move quickly.” We solve the massive global challenges of urban traffic congestion and air pollution by using electric vehicles that move on an elevated guideway – taking people and traffic off the streets. Our computer control system optimizes traffic to provide fast, safe and affordable service, including non-stop travel from origin to destination.

We are currently pursuing a $1.3 Billion transport project in Kigali, Rwanda (East Africa). During the next 5 years we hope to launch several more large projects. Due to the size/scale of these projects, and the long-term recurring revenue they provide, Vuba expects to become a multi-billion-dollar company within this timeframe. Our goal is to become a global leader in Smart City Mobility. These projections cannot be guaranteed.

Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.

Perks

Invest $500+ for Gets the Vuba Sync Newsletter

Key Deal Facts

Help heal our planet in a massively scalable way.
Improve billions of lives through faster, safer, sustainable transport.
Make a global impact AND receive 5x return from a $1.3B contract we are finalizing with Rwanda (not guaranteed)

Use of Proceeds

$100,000

  • 10% towards Marketing
  • 40% towards Project Development
  • 12.5% towards Technology Development
  • 30% towards Business Operations
  • 7.5% towards Wefunder intermediary fee 

$1,070,000

  • 5% towards Marketing
  • 25% towards Project Development
  • 32.5% towards Technology Development
  • 30% towards Business Operations
  • 7.5% towards Wefunder intermediary fee  

Management Team / Advisory Board Bios

Paul Klahn
CEO
Paul built and led a team that designed, built and flew a brand new personal aircraft in just 27 months on a $1 million budget. The effort was on-time, on-budget and exceeded expectations.

Peter Muller
CTO
Other experts couldn't prevent jets running off a mountain runway without worsening the instrument approach. Peter found a way to complete the planned $40M runway reconstruction that permanently solved the problem and improved the instrument approach

Phionah Nyangoma
Biz Dev & Cultural Liason
Through determination and unyielding belief in self, Phionah transformed herself from a young girl in a small African village, to a talented, multilingual international entrepreneur.

Deal Notes

20% of revenues

5.0X payback multiple

Secured by assets of Vuba.

The company will pay investors 20% of revenues each quarter until 100% of your principal is returned plus 425% on top.

Amount Raised : $0
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Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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