Lynx City

Lynx City

Eco-friendly micro-mobility options supporting local wildlife

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Security Type
Crowd SAFE
Categories
Transportation & Storage
Min Investment
$100
Location
Bethel, CT
Offering Date
February 17, 2021
Expected Close Date
April 30, 2021
Target Raise
$25.00K-$1.07M
Deal Notes

Discount: 20%

Company Description

Vision Growing to 3K+ scooters over the next 18 monthsWith your investment, you can help us grow to 3K+ scooters over the next 18 months. We plan to launch in over 7 new locations in 2021.Location# UnitsTimingJacksonville, FL250-350RFP In ReviewOrlando, FL2001H:21Loudoun County, VA5001H:21Orange County, FL2002021Ft Pierce, FL250RFP In ReviewSacred Heart University1002021New Haven, CT500RFP In ReviewBridgeport, CT5002021Direct to Consumer2502021University of Bridgeport2502021TOTALS~3,000Next 12 months

Key Deal Facts

Available in Orlando, Bridgeport, New Milford, Stratford and more
$500K in revenue in 6 months
70K+ rides since launch
TAM of $200-300B by 2030
Strong per unit economics, with an average revenue of $8/ride
Projected revenue of $15M + by 2023

Management Team / Advisory Board Bios

Alan Moisio
CEO/Founder
Alan is the founder and CEO of CCS, an automation company serving Connecticut and New York since 2006. Alan oversees commercial and residential projects, client acquisition, growth, and sales. Alan has been an entrepreneur and inventor since 2004.

David Harvey
COO/Founder
David has been an entrepreneur since 2007 and has grown his business portfolio to include Lynx City, a delivery.com franchise, and Dogs Unleashed. David holds CEO and COO titles for his companies and manages a combined team of over 80 staff members.

Derek Pierson
CTO/Founder
Derek is the CTO and co-owner of CCS, an automation company serving Connecticut and New York since 2006. Derek has extensive knowledge in electronics, programming, and mechanical engineering. Derek has been an entrepreneur since 2009.

Nathaniel Brogadir
CBO
Nat runs the commercial business at delivery.com overseeing partnerships, sales, revenue, strategy, and growth. He also leads all investor relations and finance functions given his extensive equity research and investing experience.

Deal Notes

Discount: 20%

Amount Raised : $67,115
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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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