Ridegrade

Ensuring savings and convenience for private car sellers and buyers.

Security Type: SAFE
Min Investment: $100
Location: Linden, NJ
Offering Date: June 10, 2021
Expected Close Date: April 30, 2022
Target Raise: $50.00K-$1.07M
Security Price: $1
Valuation: $10,000,000

Company Description

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

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

Management Team / Advisory Board Bios

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.

Amount Raised : $79,800

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