FreightPal

FreightPal

A fully automated technology solution for shipping

Security Type
Crowd SAFE
Categories
Coming soon, B2B, Logistics
Min Investment
$100
Location
STUDIO CITY, CA
Offering Date
January 17, 2022
Expected Close Date
April 14, 2022
Amount Raised
$217,176
Target Raise
$25K-$1M
No. Investors
553
Security Price
$1

Company Description

FreightPal uses technology to connect and automate
freight logistics

FreightPal was developed to compare price quotes, book, track, manage, bill and pay shipments online with all major integrated carriers. We offer technical integrations of the FreightPal services to our customers through external APIs.


FreightPal platform product flow


Perks

Reserve
$500
Receive
15% off your next FreightPal shipment

Reserve
$2,000
Receive
Quarterly investor updates from the CEO

Key Deal Facts

$1M invested by strategic logistics angel investors
40K+ transactions executed on the platform in 2020
200+ customers, including Old Dominion Freight Line and GlobalTranz
Millions of quotes delivered
$10M+ in combined revenue since 2017
Projected revenue of $45M by 2024

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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