{"data":{"type":"company_profile","id":143931,"entity_id":"wefunder:company:143931","attributes":{"canonical_url":"https://wefunder.com/freebird.rides","generated_at":"2026-06-24T21:45:23Z","updated_at":"2026-06-24T05:01:21Z","entity_ids":{"company":"wefunder:company:143931","slug":"wefunder:company_slug:freebird.rides"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-24T21:45:23Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-24T05:01:21Z","as_of":"2026-06-24T21:45:23Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-24T05:01:21Z","as_of":"2026-06-24T21:45:23Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2026-05-09T13:58:57Z","as_of":"2026-06-24T21:45:23Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2026-05-09T13:58:57Z","as_of":"2026-06-24T21:45:23Z","confidence":"medium"}}},"company":{"id":143931,"entity_id":"wefunder:company:143931","slug":"freebird.rides","name":"Freebird Rides","tagline":"Cash and Rewards For Using Uber and Lyft","story":"Freebird is a mobility marketplace that drives consumers to businesses and delivers a guaranteed customer spend. Over $30 million has been invested in the completed technology and has proven results with 4 Million+ Freebird rides completed with verified new customer revenue.Our beta launch has been enormously successful, yielding:30,000+ monthly active users taking more than 4 million Freebird rides Over 500 bars and restaurants on the Freebird platform$3 billion in tracked transactionsPartnerships with leading brands, including Don Julio, Corona, Guinness \u0026amp; Johnnie WalkerNow join us in funding a national rollout of a popular app that's changing the way consumers spend locally! Why Consumers Love FreebirdRedeem promotions, cash back, and rewards when traveling near local businessesWhy Venues Love FreebirdFreebird bring venues new customers and ensures they only pay for ads that bring in verified customer spend.Freebird presents promotions exclusively to highly relevant and proximate customers. Restaurants and bars pay solely for customers who actually visit to redeem offers, rendering it a straightforward, risk-free investment.Freebird's big advantage: unique user dataFreebird's significant advantage is in its unique user data. By integrating with transportation and payment systems, we construct detailed profiles that reveal our users' travel and purchasing patterns, alongside a wealth of information pertaining to their interests, hobbies, and lifestyle.How Freebird Works:Rideshare Consumer: Earns cash and rewards by booking their Uber and Lyft rides through the Freebird app.Destination Businesses: Directly target and acquire/convert/ retain revenue-generating customers by offering cash-back or other rewards, with directly measurable Return-On-Investment (ROI) in a Pay for Transaction.Data platform: Freebird provides its customers access to a proprietary data platform combining rideshare, credit card spend data and user survey information analysis in order to create targeted and more effective offers.Data platform: Freebird provides its customers access to a proprietary data platform combining rideshare, credit card spend data and user survey information analysis in order to create targeted and more effective offers Branded Rides.Brands can own ride categories and sponsor the ride experience and to acquire, convert, and retain customers. During our Beta Launch, Guinness paid for over 5,000 Freebird Safe Rides Home.By delivering instant rideshare credit to Freebird users who booked their ride through Freebird. Guinness experienced significant brand reach and enhancement with over 225,000 views and interactions as a result of the promotion. The beta launch received 600k+ downloads and a 4.8 Star Rating in the App Store:For businesses, Freebird has created the same closed-loop advertising model as Google, but in the physical worldThe business is in control and sets: ride reimbursement amount, the time period offer is available, the budget and then they place that bid on Freebird’s Mobility Marketplace platformThe business only pays IF and WHEN the consumer takes a ride and actually transacts/interacts with that businessFreebird measures these transactions through linked credit cards and shares significant data to target and improve ride offer effectivenessTop volume destinations earn over 20x return on ride spendFor brands, any ride category can be sponsored in any market with points or cash:The brand is front and center, owning the entire ride experience, with clear branding/exposure along with additional engagement solutions (coupons, links for browsing/purchasing)Not viewed as an advertisement and commands deep consumer engagementFreebird provides the capability for branded digital, social, in-app and email messaging with multiple call-to-action moments to drive conversionLeveraging New TechnologySingle Market Target Metrics:Single Location Metrics (representative sampling): National Launch:Note: future projections cannot be guaranteedRevenue Model﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿FreebirdRides, Inc. has a Contribution Agreement with MobileOffer, Inc.\u0026nbsp;MobileOffer Inc. was the original developer of the technology, and ran the beta tests referenced above.\u0026nbsp;Through the agreement, Freebird Rides, Inc. now holds all intellectual property, software, and patents related to the technology.","location":"San Diego, CA","website":"https://freebirdrides.com/","total_amount_raised":2885604,"total_investors":1872,"is_funded":false,"is_active":false,"quality_score":3,"related_urls":["https://wefunder.com/freebird.rides","https://freebirdrides.com/"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/143931/xxl_blob.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/143931/large_Freebird_Rides_logo_1701987864682.jpeg","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/143931/standard_blob.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/143931/standard_blob.jpg"},"links":{"company_url":"https://freebirdrides.com/"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"World class technology stack completed"},{"index":2,"claim_id":"claim-fact-2","value":"First mover advantage with significant barriers to entry"},{"index":3,"claim_id":"claim-fact-3","value":"Over 4 million Freebird Rides completed with our development firm MobileOffer (dba FreeBirdRides)"},{"index":4,"claim_id":"claim-fact-4","value":"Experienced CEO with 3 public market exits and All Star Executive Team"},{"index":5,"claim_id":"claim-fact-5","value":"Proven Product, Market and Fit"},{"index":6,"claim_id":"claim-fact-6","value":"App usage frequency 8+ times per month"},{"index":7,"claim_id":"claim-fact-7","value":"52% of users acquired through word-of-mouth referral"},{"index":8,"claim_id":"claim-fact-8","value":"Highly scalable business model"}],"team":[{"id":3906978,"entity_id":"wefunder:company_role:3906978","user_entity_id":"wefunder:user:2724619","role":"founder","name":"Tom Szabo","title":"Chief Executive Officer","bio":"Tom is a senior executive with experience managing all aspects of complex international businesses. Over 30 years, he founded and served as Chairman and CEO of four successful media and technology companies, including three with public market exits.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3906978/square_blob.jpg?1703187616","profile_url":"https://wefunder.com/tomszabo2","related_urls":["https://wefunder.com/tomszabo2"]},{"id":3907188,"entity_id":"wefunder:company_role:3907188","user_entity_id":"wefunder:user:2798635","role":"employee","name":"Kurt Brendlinger","title":"Chief Operating Officer","bio":"Founding significant companies and co-managing an $800 million investment fund. Since 2004, co-founded and led Santa Monica Capital Partners, LLC, overseeing operations and strategy while actively managing the firm's portfolio companies.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/3907188/square_blob.jpg?1699039770","profile_url":"https://wefunder.com/kurt.brendlinger","linkedin_url":"https://linkedin.com/in/kurt-brendlinger-58411219/","related_urls":["https://wefunder.com/kurt.brendlinger"]},{"id":4009275,"entity_id":"wefunder:company_role:4009275","role":"employee","name":"Danielle Thompson","title":"SVP Partner Rides and Content","bio":"Danielle Thompson catalyzed Freebird's growth, achieving 600k downloads and 52% word-of-mouth referrals, through strategic leadership. Her diverse experience spans from TV production to tech innovation, all underpinned by a BA in Communications and Media.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/4009275/square_blob.jpg?1699039745","related_urls":[]},{"id":4032895,"entity_id":"wefunder:company_role:4032895","role":"employee","name":"Adam Duro","title":"CTO","bio":"Over 15 years as a multi-disciplined engineer and IT leader 2014 Los Angeles Business. Journal \"CTO of The Year\" award winner CTO @ Zehner. Sr. Manager, Software. Engineering @ Evolve Media","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/4032895/square_blob.jpg?1699039755","related_urls":[]},{"id":3906965,"entity_id":"wefunder:company_role:3906965","user_entity_id":"wefunder:user:2415372","role":"founder","name":"Ben Lappen","title":"VP Marketing","bio":"Go-to-market specialist. successfully guided more than 100 product fundraisers and launches. Leads Vneck Media, an innovative creative agency known for its exceptional work with renowned clients like Mastercard, Google, BMW, and Sports Illustrated.","avatar_url":"http://uploads.wefunder.com/uploads/user/avatar/2415372/large_9a5c88949d3f1f6b4f4320211030-78-fn2h89.jpg?1705697966","profile_url":"https://wefunder.com/benlappen","linkedin_url":"https://linkedin.com/in/benlapp/","related_urls":["https://wefunder.com/benlappen"]}],"featured_investors":[{"id":7579,"entity_id":"wefunder:company_investor_profile:7579","investor_profile_id":3699692,"investor_profile_entity_id":"wefunder:investor_profile:3699692","subject_entity_id":"wefunder:user:4212596","name":"Eric Howlett","bio":"CEO, United Electric","avatar_url":"https://wefunder.com/rails/active_storage/blobs/redirect/eyJfcmFpbHMiOnsiZGF0YSI6ODkyNjAsInB1ciI6ImJsb2JfaWQifX0=--e5b2254e28a385abc9fbe123b5c0f66dc4ac8f75/filename","profile_url":"https://wefunder.com/eric.howlett","endorsement_quote":"As CEO of United Electric, a leading energy company, my experience has shown me the transformative power of disruptive technology in major industries, creating substantial wealth opportunities. Identifying teams that are both disruptive and possess the requisite track record and vision is challenging yet crucial. This led me to invest in Freebird, a company excelling in all domains: a seasoned, successful leadership team, cutting-edge technology in big data and cloud software, a robust business model, and a straightforward, compelling value proposition.Witnessing Freebird's remarkable success in test markets has been exhilarating, and I'm thrilled about the next steps with a nationwide launch. Being part of this vision has been exciting, especially with the executive team's decision to invite the Wefunder community to invest. It's uncommon for innovative companies shaping the future to open early investment rounds to the public. This move perfectly embodies Freebird’s commitment to democratizing financial opportunities for everyone.","investment_total":5000,"investment_info":"Invested $5,000 this round","is_lead_investor":true,"related_urls":["https://wefunder.com/eric.howlett"]}],"investor_memos":[],"tab_counts":{"posts":15,"ask_questions":53,"featured_investors":1,"faq_entries":5},"active_fundraises":[{"id":117843,"entity_id":"wefunder:fundraise:117843","state":"open","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":5000000.0,"minimum_target":"50004.0","maximum_target":"5000000.0"},{"id":98560,"entity_id":"wefunder:fundraise:98560","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"equity","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":500,"max_purchase":9,"funding_target":5000000.0,"minimum_target":"50004.0","maximum_target":"5000000.0","funding_started_at":"2023-12-22T02:36:52Z","funding_closed_at":"2024-04-23T04:01:42Z","auto_close_at":"2024-04-23T03:59:59Z"},{"id":98561,"entity_id":"wefunder:fundraise:98561","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"equity","currency":"USD","testing_the_waters":true,"min_purchase":500,"max_purchase":9,"funding_target":5000000.0,"minimum_target":"50004.0","maximum_target":"5000000.0","funding_started_at":"2023-09-11T21:28:07Z"}],"latest_fundraise":{"id":117843,"entity_id":"wefunder:fundraise:117843","state":"open","offering_type":"4(a)(6)","structure":"ttw","testing_the_waters":true,"can_invest_now":true,"funding_started_at":null,"funding_closed_at":null,"terms":{"eb":null,"nb":null,"txt":null}},"recent_posts":[{"id":208489,"entity_id":"wefunder:feed_item:208489","type":"FeedItem::Note","visibility":"public","preview":"Register here: www.vatom.com/webinar Join Vatom \u0026 J. Bradley Hilton, Chairman of the Hilton Family Office, on Oct 22 for an exclusive webinar on why Hilton is backing this transformative platform redefining digital engagement.","published_at":"2025-10-20T20:15:35Z","author_name":"Ben Lappen","url":"/feed/208489","canonical_url":"https://wefunder.com/feed/208489"},{"id":180088,"entity_id":"wefunder:feed_item:180088","type":"FeedItem::Update","visibility":"public","title":"Live Now: Freebird Shareholder Webinar 🚀","preview":"The webinar is starting now!🔗 Join here: https://www.vatom.com/2025-exclusive-shareholder-webinar/Reminder: Even if you pre-registered, you’ll need to sign in to confirm your attendance.Having trouble? Email olive@freebirdrides.com for assistance.See you inside!","published_at":"2025-03-05T00:59:03Z","author_name":"Ben Lappen","url":"/feed/180088","canonical_url":"https://wefunder.com/feed/180088"},{"id":180085,"entity_id":"wefunder:feed_item:180085","type":"FeedItem::Update","visibility":"public","title":"Happening Soon: Freebird Investor Webinar Starts in 1 Hour!","preview":"We’re thrilled to have you join us for the Exclusive Freebird Shareholder Webinar! There are some exciting updates and announcements, and we can’t wait to share them with you.Event Details:📅 Date: TODAY⏰ Time: 5:00 PM PACIFIC // 8:00 PM EASTERN🔗 Webinar Link: [Click Here]Important Reminders:✅ Checking In: Even if you’ve pre-registered, please check in upon arrival so we know you’ve made it.🔄 Technical Issues? If the stream isn’t loading, try refreshing your screen. Still having trouble? Email...","published_at":"2025-03-04T23:59:20Z","author_name":"Ben Lappen","url":"/feed/180085","canonical_url":"https://wefunder.com/feed/180085"},{"id":180061,"entity_id":"wefunder:feed_item:180061","type":"FeedItem::Update","visibility":"public","title":"Link To FreebirdRides Shareholder Webinar Tomorrow! 🚀","preview":"Dear Freebird Investors,We’re excited to see you at tomorrow’s Exclusive FreebirdRides Shareholder Webinar, where we’ll unveil the details of the Vatom acquisition and what’s next for our business!Haven’t RSVP’d yet? There’s still time! [Register here] to secure your spot.\u0026nbsp;Webinar Details:• Date: March 4, 2025• Time: 5:00 PM PST // 8:00 PM EST• Link: Webinar link hereIf you have any trouble joining, please email olive@freebirdrides.com for assistance.See you there!—The FreebirdRides Team","published_at":"2025-03-04T05:07:11Z","author_name":"Ben Lappen","url":"/feed/180061","canonical_url":"https://wefunder.com/feed/180061"},{"id":180005,"entity_id":"wefunder:feed_item:180005","type":"FeedItem::Update","visibility":"public","title":"Exclusive FreebirdRides Shareholder Webinar – Major Announcement!","preview":"We have a major milestone to share with FreebirdRides shareholders! After months of careful planning and due diligence,\u0026nbsp;Freebird has agreed to be acquired by Vatom Corporation, the leading platform in consumer engagement technology. This milestone marks a new era for Freebird, unlocking incredible growth opportunities for our technology, business, and shareholder value.Even more exciting,\u0026nbsp;Freebird CEO Tom Szabo will become the CEO of Vatom Corporation, leading the combined company w...","published_at":"2025-03-01T18:39:29Z","author_name":"Ben Lappen","url":"/feed/180005","canonical_url":"https://wefunder.com/feed/180005"},{"id":172760,"entity_id":"wefunder:feed_item:172760","type":"FeedItem::Update","visibility":"public","title":"12 HOURS LEFT TO INVEST!","preview":"With just 12 hours remaining to invest in Freebird Rides, we're thrilled to announce that we've raised nearly $3.2 million! We extend our heartfelt gratitude to everyone who has embarked on this thrilling journey with us, eagerly anticipating the bright future ahead for Freebird Rides.\u0026nbsp;If you're considering increasing your investment, the time is now! Spread the word to your friends and your family.\u0026nbsp;Ensure your investment is secured here, and as always, thank you for your unwavering...","published_at":"2024-04-22T16:49:02Z","author_name":"Ben Lappen","url":"/feed/172760","canonical_url":"https://wefunder.com/feed/172760"},{"id":172758,"entity_id":"wefunder:feed_item:172758","type":"FeedItem::Update","visibility":"public","title":"48 hours left to invest in Freebird Rides!","preview":"As we approach the final 48 hours of our fundraising campaign, the clock is ticking!\u0026nbsp;\u0026nbsp;Please take a moment to ensure your investment in Freebird is secured.\u0026nbsp;The ride-sharing marketplace app that gives the best incentives; offering convenience, rewards, and flexibility to business ad spends. Creating a seamless and fulfilling way to navigate to our favorite places. 48 hours left! Secure your investment in Freebird!","published_at":"2024-04-21T22:36:11Z","author_name":"Ben Lappen","url":"/feed/172758","canonical_url":"https://wefunder.com/feed/172758"},{"id":172750,"entity_id":"wefunder:feed_item:172750","type":"FeedItem::Update","visibility":"public","title":"3 Days Left \u0026amp; 3 Reasons to Invest","preview":"As our campaign is coming to a close, we wanted to share 3 of our top reasons to invest in Freebird Rides today: Proven product \u0026 market fitFirst mover advantageCompleted tech stackAs mentioned above, there's only 3 days left to invest in this Freebird Rides campaign! Make sure to confirm your investment here: https://wefunder.com/portfolio","published_at":"2024-04-21T00:14:13Z","author_name":"Ben Lappen","url":"/feed/172750","canonical_url":"https://wefunder.com/feed/172750"},{"id":172692,"entity_id":"wefunder:feed_item:172692","type":"FeedItem::Update","visibility":"public","title":"Meet Our CTO: Adam Duro","preview":"Everyone meet Adam Duro, Freebird Ride's Chief Technology Officer!Adam Duro, CTO of Freebird RidesAdam and his team of software architects and developers have been busy this quarter optimizing key elements of our technology stack. We have expanded our relationship with Amazon Web Services (AWS) by fully integrating our high-volume, low latency data processing workloads to an entirely serverless model, saving nearly 33% in infrastructure costs as we scale our business. We also advanced our int...","published_at":"2024-04-19T19:48:20Z","author_name":"Ben Lappen","url":"/feed/172692","canonical_url":"https://wefunder.com/feed/172692"},{"id":172610,"entity_id":"wefunder:feed_item:172610","type":"FeedItem::Update","visibility":"public","title":"Sneak peak of Freebird's Creative Campaign","preview":"Hi everyone! After dedicated efforts in refining our tech stack and successfully raising funds, we're now ready to unleash our creativity! Among our array of concepts for the national rollout and innovative marketing, we're particularly thrilled about one of our standout commercial spec ideas. Come take a sneak peak here! With just 4 days left on our raise, make sure your investment is confirmed and ready to go at www.wefunder.com/portfolio. Thanks for joining us on this exciting journey!","published_at":"2024-04-18T16:45:09Z","author_name":"Ben Lappen","url":"/feed/172610","canonical_url":"https://wefunder.com/feed/172610"},{"id":170084,"entity_id":"wefunder:feed_item:170084","type":"FeedItem::Update","visibility":"public","title":"Only 5 Days to go! Meet Donna Boesky Mastropasqua","preview":"With only 5 days left of our raise, we are excited to welcome Donna Boesky Mastropasqua to the team! Donna, the founder and former CEO of perks.com, played a pivotal role in powering many of the world's largest loyalty programs. Recognized as an industry leader, she brings extensive expertise in developing loyalty and rewards program ecosystems. Donna has joined Freebird Rides to enhance the connections between Freebird consumers and global brands.Donna Boesky MastropasquaPlease make sure you...","published_at":"2024-04-17T22:13:57Z","author_name":"Ben Lappen","url":"/feed/170084","canonical_url":"https://wefunder.com/feed/170084"},{"id":170483,"entity_id":"wefunder:feed_item:170483","type":"FeedItem::Update","visibility":"public","title":"Investor Town Hall Recording","preview":"Thank you to everyone who joined us for the Investor Town Hall\u0026nbsp;on Friday! We're grateful for the numerous questions submitted.If you couldn't attend, don't worry – the event was recorded!Click this link to watch the recording. If you have any questions, please don't hesitate to email us at\u0026nbsp;invest@freebirdrides.com.Thanks again,Tom","published_at":"2024-02-05T19:19:05Z","author_name":"Tom Szabo","url":"/feed/170483","canonical_url":"https://wefunder.com/feed/170483"},{"id":170449,"entity_id":"wefunder:feed_item:170449","type":"FeedItem::Update","visibility":"public","title":"Freebird Investor Town Hall Today!","preview":"Hey everyone,We're excited to see you at the Investor Town Hall happening today at 2:00 pm PST / 5:00 pm EST!New Event Link:\u0026nbsp;We've updated the event link. Please use\u0026nbsp;this link\u0026nbsp;to join the meeting at the scheduled time.Thank you and I'm looking forward to your participation!Cheers,Tom SzaboCEO Freebird Rides","published_at":"2024-02-02T18:17:10Z","author_name":"Tom Szabo","url":"/feed/170449","canonical_url":"https://wefunder.com/feed/170449"},{"id":168892,"entity_id":"wefunder:feed_item:168892","type":"FeedItem::Update","visibility":"public","title":"Founder Q\u0026amp;A with Freebird Rides","preview":"Click here to register and join our live webinar with Freebird team members Thomas Szabo (CEO) and Ben Lappen (CMO)To our Freebird Supporters and Investors,We are delighted to announce the tremendous success of our Wefunder capital campaign, which has raised over $2.8 million from more than 1,900 new investors. Thank you all for your trust and support.We closed 2023 accomplishing our cornerstone objectives:The aggregation of critical intellectual property and assets into a single FreebirdRide...","published_at":"2024-01-29T22:24:24Z","author_name":"Tom Szabo","url":"/feed/168892","canonical_url":"https://wefunder.com/feed/168892"},{"id":169223,"entity_id":"wefunder:feed_item:169223","type":"FeedItem::Update","visibility":"public","title":"Freebird: $2M Raised in Opening Weekend!","preview":"Hey everyone, Tom Szabo here, CEO of Freebird Rides.Wow, what a weekend! Just wanted to give a huge shout-out and thanks for the amazing response we've gotten. In the opening weekend, we've already raised $2M in funding reservations from over 1200 people in our incredible community. Keep your eyes peeled in the coming weeks. We've got some cool stuff lined up to connect you more with our team. Think investor town halls, newsletters, and some fun events where we can all hang out.Thanks again f...","published_at":"2023-12-11T20:14:03Z","author_name":"Ben Lappen","url":"/feed/169223","canonical_url":"https://wefunder.com/feed/169223"}],"q_and_a":[{"id":271012,"entity_id":"wefunder:comment:271012","question":"Collin Tedards of Day One Investor reports that you previously raised $30M to develop the app and get to this point. If that is the case, how can you be doing this offering at ~ a $30M pre-money valuation without seriously diluting the founders and/or the $30M investors? Please explain. Thanks.","author_name":"Mike Mathioudakis","votes":6,"created_at":"2023-12-08T00:06:43Z","canonical_url":"https://wefunder.com/freebird.rides#question-271012","answers":[{"id":271093,"entity_id":"wefunder:comment:271093","answer":"Hi Mike, yes the company has raise a total of $30M for the development and testing of the technology stack that operates FreebirdRides. The development capital was used to create our intellectual property that includes all of our software and related patent application. The raise was completed serially with some in common shares, some converts, some preferred, and some debt. As we grew from a development stage company to an operating company, all of the previous capital was converted to a single class of common stock, the same class that we are offering in this round. This was important as we keep our eye on strategies and tactics to not just create shareholder value, but liquidity for our shareholders at an exit as well. Through the various conversion prices and conditions, all of the stakeholders positions were protected and founders and employees have equity with a great opportunity to earn additional equity based on the successful execution of our KPIs.","author_name":"Tom Szabo","votes":2,"created_at":"2023-12-09T00:37:37Z"}]},{"id":271002,"entity_id":"wefunder:comment:271002","question":"How will I know if I’m qualified for the early bird bonus? Why pre-pay without knowing?","author_name":"Roger Evans","votes":3,"created_at":"2023-12-07T23:02:41Z","canonical_url":"https://wefunder.com/freebird.rides#question-271002","answers":[{"id":271088,"entity_id":"wefunder:comment:271088","answer":"Yes, the early bird bonus has been filled. Thank you for your interest!","author_name":"Tom Szabo","votes":0,"created_at":"2023-12-09T00:21:56Z"}]},{"id":271311,"entity_id":"wefunder:comment:271311","question":"How does freebirds compare to any rewards programs currently being used by Uber and Lyft? Does the freebirds 'proprietary data platform\" prevent Uber \u0026amp; Lyft from adapting a program similar to freebird? Any thoughts on other sectors where this rewards ecosystem, might be used? Any traction (partnerships)?","author_name":"Denyveaus Sells","votes":2,"created_at":"2023-12-12T04:23:03Z","canonical_url":"https://wefunder.com/freebird.rides#question-271311","answers":[{"id":271444,"entity_id":"wefunder:comment:271444","answer":"Hi Denyveaus, all of FreebirdRides promotions, cash back, and awards are always in addition to any offered by a rideshare service. Uber has ended its free loyalty program Uber Rewards so it can move its customers to the subscription-based Uber One membership. Similarly, Lyft has a membership program, Lyft Pink, that offers discounts and benefits with their airline, hotel and credit card partnerships. The FreebirdRides model is to remain agnostic to the brand of rideshare our customers prefer, and to the locations and businesses they frequent. This gives our data platform a unique advantage in our ability to aggregate from all sources to build demographic and geographic insights which are significantly more detailed and valuable than data from just a single source. We have several additional applications in the rewards ecosystem that we will begin announcing early in the year.","author_name":"Tom Szabo","votes":1,"created_at":"2023-12-13T03:05:43Z"}]},{"id":271266,"entity_id":"wefunder:comment:271266","question":"Hi there! Promising company and I have a few questions before investing. 1. Do you have revenue and profitability projections for the next 5 years? If so, can you provide. 2. Some companies here give great updates others not so much. How often can we expect updates as wefunder investors. 3. What are your return strategies for investors. Do you anticipate paying dividends in 3 to 5 years? Do you plan to be acquired, go public, etc.? 4. Why can't uber and lyft just do this? Are you a potential acquisition target for them? Thank you!","author_name":"Thomas Mills","votes":2,"created_at":"2023-12-11T21:22:31Z","canonical_url":"https://wefunder.com/freebird.rides#question-271266","answers":[{"id":271449,"entity_id":"wefunder:comment:271449","answer":"Hi Thomas, thanks for the diligence questions. We haven’t released revenue and profitability projections yet, but will begin to discuss forward-looking data after we complete the capital campaign. A good cornerstone to consider for FreebirdRides is that our model is designed to make each new region profitable on a stand-alone basis in the thirteenth month after that regions launch. This allows us to efficiently recoup launch costs, and equally as important, allows our launch team to develop best practices that can be replicated in each new region. We have KPI’s in place that measure all of the critical internal data so we can constantly improve our process as we roll out. We intend to provide regular updates, both on a scheduled basis and as newsworthy events occur. Several of the previous companies I founded and managed were fortunate enough to have successful IPO’s, so I have become accustomed to providing the required quarterly 10Q and annual 10K reports to shareholders over the many years of running those public companies. We haven’t declared a dividend strategy yet as most of the early profits will be used to fuel accelerated growth, but as the business matures, it is certainly something for the management and the board to consider. Our primary focus this year is to build shareholder value, and certainly with an eye towards shareholder liquidity, be it M\u0026amp;A or public markets. We strive to become an an attractive acquisition target and are building the business to appeal to several sectors. With respect to rideshare standalone strategies, we differentiate significantly from what rideshare companies offer and are capable of developing, as we are rideshare and customer agnostic and are able to aggregate data from all sources to build unique and significantly more valuable demographic and geographic data.","author_name":"Tom Szabo","votes":2,"created_at":"2023-12-13T03:44:39Z"}]},{"id":330270,"entity_id":"wefunder:comment:330270","question":"I’ve not seen an update since Dec of 2023. Are you out of business?","author_name":"Richard Hill","votes":1,"created_at":"2026-04-06T23:47:28Z","canonical_url":"https://wefunder.com/freebird.rides#question-330270","answers":[]},{"id":330156,"entity_id":"wefunder:comment:330156","question":"Are there any exit plans?","author_name":"Katina Washington","votes":1,"created_at":"2026-04-06T13:00:56Z","canonical_url":"https://wefunder.com/freebird.rides#question-330156","answers":[]},{"id":328906,"entity_id":"wefunder:comment:328906","question":"Exit plan?","author_name":"Katina Washington","votes":1,"created_at":"2026-03-25T09:43:05Z","canonical_url":"https://wefunder.com/freebird.rides#question-328906","answers":[]},{"id":322964,"entity_id":"wefunder:comment:322964","question":"Hi, I invested $500 via wefunder 2024. Can i please get an update? thanks Norm","author_name":"Norman Chisholm","votes":1,"created_at":"2026-01-14T00:21:00Z","canonical_url":"https://wefunder.com/freebird.rides#question-322964","answers":[]},{"id":320763,"entity_id":"wefunder:comment:320763","question":"Can I receive an company and my investment status report?","author_name":"Parish Paskel","votes":1,"created_at":"2025-12-08T16:37:39Z","canonical_url":"https://wefunder.com/freebird.rides#question-320763","answers":[]},{"id":320659,"entity_id":"wefunder:comment:320659","question":"Hello Freebird and Vatom team, the early investors and awaiting an update. And of course wishing for continued success! Thanks.","author_name":"Diane Devens","votes":1,"created_at":"2025-12-06T16:30:19Z","canonical_url":"https://wefunder.com/freebird.rides#question-320659","answers":[]},{"id":318388,"entity_id":"wefunder:comment:318388","question":"Hi Freebird/Vatom team, I'm wondering if you have any updates for 2025 for your investors? Thanks!","author_name":"Mike Storm","votes":1,"created_at":"2025-10-29T19:38:37Z","canonical_url":"https://wefunder.com/freebird.rides#question-318388","answers":[]},{"id":314059,"entity_id":"wefunder:comment:314059","question":"When will we an update on terms of our investments after acquisition to Vatom? I attended the webinar and had a phone call with your representative, but they were unable to provide any significant information about the new agreement or what that meant to me as an investor in Freebirds other than it was going to be a good investment to hold.","author_name":"Anna Winters","votes":1,"created_at":"2025-08-31T18:30:05Z","canonical_url":"https://wefunder.com/freebird.rides#question-314059","answers":[]},{"id":305127,"entity_id":"wefunder:comment:305127","question":"I understand that Freebird Rides is being acquired by Vatom. Please post a link to the recording of the recent webinar. I am looking for what action is required on my part as an investor in Freebird Rides. Tahnks.","author_name":"Steve Niskanen","votes":1,"created_at":"2025-04-01T15:40:16Z","canonical_url":"https://wefunder.com/freebird.rides#question-305127","answers":[]},{"id":305091,"entity_id":"wefunder:comment:305091","question":"Is it true you are considering being sold to Vatom Inc? Today, I received an email indicating as much. I was advised to call a rep to discuss the option. Legit?","author_name":"David J Zoeller","votes":1,"created_at":"2025-04-01T01:25:10Z","canonical_url":"https://wefunder.com/freebird.rides#question-305091","answers":[]},{"id":303964,"entity_id":"wefunder:comment:303964","question":"Hi Freebird team, I'm an investor and missed the webinar. Myself and others have asked for the replay of the webinar. Can you please email the investors the webinar so that we know where we stand with the Vatom partnership and any other updates and details? Thanks.","author_name":"Mike Storm","votes":1,"created_at":"2025-03-12T18:02:28Z","canonical_url":"https://wefunder.com/freebird.rides#question-303964","answers":[]},{"id":297207,"entity_id":"wefunder:comment:297207","question":"Updates?","author_name":"Derrick Reid Jr","votes":1,"created_at":"2024-12-01T03:02:02Z","canonical_url":"https://wefunder.com/freebird.rides#question-297207","answers":[{"id":303324,"entity_id":"wefunder:comment:303324","answer":"Hi Derrick, please see update: https://wefunder.com/updates/180005-exclusive-freebirdrides-shareholder-webinar-major-announcement","author_name":"Ben Lappen","votes":0,"created_at":"2025-03-02T20:11:06Z"}]},{"id":289657,"entity_id":"wefunder:comment:289657","question":"Any update on when the Freebird App will be available to download? I think I read somewhere that the App is available in 3 markets, Austin, Tx, Los Angeles, Ca and Nashville, Tn. Your website stated 50 cities and 50 states in 2026, however I remember the target was 3 cities in 2024 and 12 more cities in 2025. Thanks for your response.","author_name":"Todd LYNUM","votes":1,"created_at":"2024-08-06T18:31:14Z","canonical_url":"https://wefunder.com/freebird.rides#question-289657","answers":[]},{"id":280340,"entity_id":"wefunder:comment:280340","question":"Hello guys hopefully all is well. Alto on startengine is a company I think you should look at partnering with. They are growing pretty nicely, seems like amazing company. Have a good day!","author_name":"John Webster","votes":1,"created_at":"2024-04-02T16:04:37Z","canonical_url":"https://wefunder.com/freebird.rides#question-280340","answers":[]},{"id":279527,"entity_id":"wefunder:comment:279527","question":"I'm actually interested in investing in Freebird but I can't even find the app in the Play store! I really need to see the app functioning first. Please tell me where you are hiding it! I searched many different ways.","author_name":"Mike R","votes":1,"created_at":"2024-03-23T20:57:17Z","canonical_url":"https://wefunder.com/freebird.rides#question-279527","answers":[]},{"id":276042,"entity_id":"wefunder:comment:276042","question":"I am part owner of a couple of sports teams so can't wait until things are good to connect to that. I am wondering not sure if it will work. Several companies I invested in we have affiliate, partnership(few ways of doing that, win win for company and investors)etc programs. I suggested to other companies I invested in and they are working on it now. Good way for company to grow and investors can make some money. Especially seeing how we probably won't see a return for a few Years then obviously keeping it going . Thanks for your time. I love how businesses can link up to your platform, great exposure. I am going to tell all of them!","author_name":"John Webster","votes":1,"created_at":"2024-02-12T05:07:38Z","canonical_url":"https://wefunder.com/freebird.rides#question-276042","answers":[]},{"id":275509,"entity_id":"wefunder:comment:275509","question":"Hi there, a) What is your most recent monthly burn rate? b) What is your most recent monthly cash on hand? c) Are you raising a parallel angel or VC round simultaneously? If yes, who is investing in this round?","author_name":"Teddy Lyons","votes":1,"created_at":"2024-02-05T23:53:16Z","canonical_url":"https://wefunder.com/freebird.rides#question-275509","answers":[]},{"id":274903,"entity_id":"wefunder:comment:274903","question":"When does this investment round close?","author_name":"Errol Hillier","votes":1,"created_at":"2024-01-28T12:11:40Z","canonical_url":"https://wefunder.com/freebird.rides#question-274903","answers":[{"id":275023,"entity_id":"wefunder:comment:275023","answer":"Hi Errol, our close is currently planned to be April 22, 2024.","author_name":"Tom Szabo","votes":0,"created_at":"2024-01-30T01:40:48Z"}]},{"id":274689,"entity_id":"wefunder:comment:274689","question":"Are you watching the decentralized company Teleport on the Solana blockchain? Is your company prepared to pivot to something like Teleport if there is a drop in demand for Uber and Lift? Thank you.","author_name":"Ted Brenner","votes":1,"created_at":"2024-01-25T01:00:22Z","canonical_url":"https://wefunder.com/freebird.rides#question-274689","answers":[]},{"id":274446,"entity_id":"wefunder:comment:274446","question":"@tom Szabo Thank you for the information. As you are aware, authorities were pursuing Meta (Facebook) for potential breaches of privacy in the past. Given this context, it is conceivable that individuals with ill intentions may reach out to authorities. In the long-term plan, Freebird Rides will be expanding beyond borders into other countries, and it will be essential to adhere to the laws of each country. Some nations may have stringent regulations, as illustrated by the questioning of a Meta representative by a Singapore minister. Considering these factors becomes crucial, especially in a world where cyber threats are increasing day by day.","author_name":"Deepu Dharmarajan","votes":1,"created_at":"2024-01-22T03:33:17Z","canonical_url":"https://wefunder.com/freebird.rides#question-274446","answers":[]},{"id":273539,"entity_id":"wefunder:comment:273539","question":"Hi there! My name is Kevin I run an equity crowdfunding newsletter called CROWDSCALE (crowdscale.beehiiv.com) that goes out to 3,000+ startup investors. I’m interested in writing about your startup - mind sending me an email at hellocrowdscale@gmail.com if you’re open to having a chat?","author_name":"Kevin Fulmer","votes":1,"created_at":"2024-01-10T04:42:48Z","canonical_url":"https://wefunder.com/freebird.rides#question-273539","answers":[{"id":273678,"entity_id":"wefunder:comment:273678","answer":"Hi Kevin, thanks for reaching out. I connect with you directly.","author_name":"Tom Szabo","votes":0,"created_at":"2024-01-11T19:53:43Z"}]}],"faq":[{"question":"How will I know if I’m qualified for the early bird bonus? Why pre-pay without knowing?","answer":"Yes, the early bird bonus has been filled. Thank you for your interest!"},{"question":"Are ALL Canadians Blocked from investing in FREEBIRD RIDES?","answer":"Hi Bruce, the eligible regions are dictated by the various regulators in each territory. The WeFunder team can answer with respect to your location byb contacting them at 415-209-5902. Hope you are able to join us!"},{"question":"Collin Tedards of Day One Investor reports that you previously raised $30M to develop the app and get to this point. If that is the case, how can you be doing this offering at ~ a $30M pre-money valuation without seriously diluting the founders and/or the $30M investors? Pleas...","answer":"Hi Mike, yes the company has raise a total of $30M for the development and testing of the technology stack that operates FreebirdRides. The development capital was used to create our intellectual property that includes all of our software and related patent application. The raise was completed serially with some in common shares, some converts, some preferred, and some debt. As we grew from a development stage company to an operating company, all of the previous capital was converted to a sin..."},{"question":"Has the first $1M of investments been met?","answer":"Yes, the first $1M is fully subscribed."},{"question":"Curious why there's no mention of the pivot from the previous business? Looks like the company was founded in 2015 or 2016 and previously focused on travel rebooking, subsequently raising one or more venture rounds, and a portion (which portion?) of the business acquired by Ca...","answer":"Hi Craig, I think you may be looking at a different company. We have only our core business and do not participate in other businesses like travel rebooking etc. No part of our business has been sold to Capital One.."}]}}}