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Ridegrade

Ridegrade

Ridegrade is the only provider to solve ALL used car customer needs of savings, convenience, quality and transparency.

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Industry
Tech
Min Investment
$100
Location
Linden, NJ
Offering Date
June 10, 2021
Expected Close Date
September 08, 2021

Management

Bankole Fagbemi, CEO
Co-founded and grew a used car dealership to local prominence in Newark, NJ. Certified Lean, Agile management consultant with MBA from Rutgers University.

Tobi Fagbemi, COO
Co-founded and grew a used car dealership to local prominence in Newark NJ. Certified Business analytics specialist, Finance modelling specialist, and Lean agile specialist with a Finance Degree from Rutgers University.

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Key Deal Facts

The creation of collective societal good while resolving an age long problem in the used car market
The highly scalable, asset light and lean approach to creating value while generating revenue
Founders' track record of creating successful businesses, and professional experience
Founder's extensive experience in the used car retail market, and knowledge of consumer behavior
The growth and earning potential of the business
The lean capital approach to a typically capital intensive industry
The ingenious approach to generating revenue with minimal impact on the customersThe ease and resilience of the business model to withstand and adapt to changes in the industry

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