Test the Waters

On Touch Go

Reaching Audiences On The Go

Security Type: SAFE
Min Investment: $100
Location: Dallas, TX
Offering Date: August 19, 2021
Expected Close Date: November 17, 2021

Company Description

Outdoor signage has been around since 3250 BC, and "traditional wisdom" has plagued the growth of the industry. 96 cents on every dollar spent on ads goes to other channels like Facebook. We're a charismatic group of non-traditional industry pioneers that have inherited a passion for designing the exterior of a new digitally connected world.

Key Deal Facts

$50,000 + in sales from MVP pilot.
Average revenue per rideshare trip is 52 cents. Each driver is contracted for 300 trips per month.
Average advertiser spend per campaign is $2,278.68.
37% of advertisers spend monthly recurring versus transactional. Most tenured customer is 13 months.
10% U.S. rideshare market x historic revenue per display is $374,000,000 a year.
Capital Factory Accelerator company. Raised $175,000+ in funding.
Black / Latin Founded. 3% < of venture capital goes to Black / Latin Startups, challenge accepted!

Management Team / Advisory Board Bios

Gbolahan Sijuade, Co-Founder | CEO
Capital One | Dallas Startup Week: Entrepreneur of the Year Nominee - Former VP Sales of Electronic Manufacturing SaaS company (recently acquired) - Former Head of Sales at a multi-billion-dollar Automotive SaaS company. - Former Uber driver

Fermin Morales, Co-Founder | COO
(Trilingual) experienced team lead in B2B sales ops for Latin America / French Canada. - Experienced Director of Operations - Former Founder of recycling startup - Former Uber driver

Vince Cimino, CTO
Full-stack developer - Former CTO of medical company - Experience developing applications (freelance) across multiple industries.

Amount Raised : $0

Reveal the Score by Voting

＿

Additional ratings from other users are needed to determine a viable CrowdScore for this deal.

The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.

ⓘ

The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.

Business Idea

ⓘ

The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.

Business Traction

ⓘ

The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.

Management Team

ⓘ

The value of the company compared to similar companies raising money from investors.

Valuation

Have you done enough research to provide a rating? This is important for your fellow investors.

We only allow one revision to each rating category. Be sure about any changes.

Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

Research Reports

No reports have been submitted

Become a Reporter

Read Our Research Disclaimer

0 Comments

To claim your deal, you must have access to @ email

Contact support@crowdlustro.com if you need assistance.