Relay On Demand

Relay On Demand

Relay solves the truck driver shortage and is the future driver of trucking

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Categories
Infrastructure, Technology, Financial Services, Community & Lifestyle, Transportation & Storage
Min Investment
$100
Location
Norco, CA
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$535.00K
No. Investors
225
Security Price
$5
Valuation
$30,000,000
Number of Employees
5
Cash
$112,064
Revenue
$3,102,370
Short Term Debt
$20,685
Cost of Goods
$2,735,501
Long Term Debt
$358,746
Net Income
$-372,834

Company Description

🚚 Relay solves the key problem in the $800B trucking industry
🚚 $6M in sales to date.
🚚 $10M ARR for 2022 (not guaranteed)
🚚10,000+ app downloads with a 4.5 rating
🚚 Relay creates a fully flexible driver workforce to sync with autonomous trucks
🚚 Demonstrated track record of tripling revenue year over year with a $1B+ growth potential.
🚚 Led by a serial entrepreneur and team with strong trucking backgrounds and deep tech knowledge.

Key Deal Facts

🚚 Relay solves the key problem in the $800B trucking industry
🚚 $6M in sales to date.
🚚 $10M ARR for 2022 (not guaranteed)
🚚10,000+ app downloads with a 4.5 rating
🚚 Relay creates a fully flexible driver workforce to sync with autonomous trucks
🚚 Demonstrated track record of tripling revenue year over year with a $1B+ growth potential.
🚚 Led by a serial entrepreneur and team with strong trucking backgrounds and deep tech knowledge.

Management Team / Advisory Board Bios

Darrell Pickens CEO/CTO/FounderDarrell Pickens grew up the son of a truck driver. He became a multi-patened engineer who spent a decade at a Fortune 500 company. He left this successful career to lead and build three companies, becoming a seasoned and experienced entrepreneur., Aaron Pickens Chief Marketing OfficerAccomplished, decisive, and knowledgeable digital marketing executive with over 10 years experience in innovative digital marketing strategies working for Google. Expertise; search engine marketing, media buying/planning and digital analysis, Josh Oberry Marketing and Operations Director, Sam Lay Carrier and Driver Support Manager, Scott Pesqueira Creative/Media Director, Christopher Van Malsen Senior Developer
Amount Raised : $237,101
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