Universal Transit

Reinventing Auto Transportation with AI, saving millions in time and resources

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Security Type
Crowd SAFE
Min Investment
$250
Location
MANALAPAN TOWNSHIP, NJ
Offering Date
March 28, 2024
Expected Close Date
August 05, 2024
Target Raise
$400.00K-$1.24M
No. Investors
28
Security Price
$1
Number of Employees
0
Cash
$57,621
Revenue
$9,681,210
Short Term Debt
$691,823
Cost of Goods
$5,383,838
Long Term Debt
$1,432,610
Net Income
$44,850

Company Description

At Universal Transit, we’re combining human expertise with sophisticated machine intelligence to help our customers adeptly navigate through this dynamic auto transportation market and stay on top of this ever-changing landscape. With unparalleled market insights and cutting-edge AI solutions, we create a robust and scalable network strategy that balances immediate predictability and long-term flexibility.

Perks

Reserve
$500
Receive
Your name listed as “investor” on our website

Reserve
$2,500
Receive
Everything above +
Own a piece of Universal Transit history with a limited-edition branded gear
Receive 10% off first order on our service
VIP investor status

Reserve
$5,000
Receive
Everything above +
Receive 15% off first order on our service
Bronze investor status

Reserve
$10,000
Receive
Everything above +
Receive 20% off first order on our service
Universal Transit premium welcome kit for investors only
Silver investor status

Reserve
$25,000
Receive
Everything above +
Private cocktail & charcuterie party with all our top investors
Gold investor status

Reserve
$50,000
Receive
Everything above +
Virtual meeting with CEO and Founders
Platinum investor status

Reserve
$100,000
Receive
Everything above +
In-person meeting with CEO and Founders
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Key Deal Facts

Generated $9.6+ million in revenue in 2023, without external investments
Load carrying capacity of over 75% with 25% improvement of industry average
2,500+ carrier & broker network with 200% growth
SOM market is projected to reach $21 Billion by 2030, with 5.9% CAGR
Disruptive AI and Machine Learning technology to drive innovation
Remarkable performance across key metrics, all with low marketing spend
Multi-billion-dollar M&A transactions in Auto Transportation sector

Management Team / Advisory Board Bios

George Milorava
Co-Founder & CEO
Responsible for business operations, leading sales, marketing, strategic planning, and execution, general CEO responsibilities, and scaling the business.

Anzori Nishnianidze
Co-Founder & CTO
Responsible for guiding core technology development, executing product roadmap strategies, leading innovation in new technologies and product design, and overseeing operations related to product, software, and systems.

Beka Osepaishvili
Co-Founder & VP of Fleet Operations
Responsible for fleet operations, carrier base increase, and execution of strategic initiatives aimed at enhancing operational efficiency and improving service delivery.

George Beganashvili
Senior Outsourced Team Lead

Giorgi Elbakidze
Fleet Manager

Shadab Khan
Digital Marketing Manager

Vincent Shaw
Sales Team Lead

Chisom Ezekwem
Customer Acquisition Specialist

Ani Darchia
Customer Success Manager

Ana Kvirikashvili
Training Manager

Nikoloz Kodua
Head of Dispatch Department

Besik K.
Software Development Team Lead

Mikhaeli Rekhviashvili
Mobile Engineer

Sergi Lomtadze
Backend Developer

David Gasanov
Frontend Developer

Dato Tchipashvili
Backend Developer

Avtandil Janjgava
Software Engineer
Amount Raised : $24,030
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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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