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Invest in T4L (Transportation 4 Life)
All-Inclusive Tesla & Nissan EV Subscriptions, Enjoyable-Easy Transportation
$100,110
raised
Invest via a
Future Equity
$7Mvaluation cap
20%discount
A Future Equity Agreement (SAFE) gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $7M eventually.
Held in Escrow & Refundable.
Why you may want to invest in us...
| 1 | Car Subscriptions are expanding by $9.15 Billion with a projected 63% CAGR by 2024 |
| 2 | Proven Team: Over $3B in Previous Business Deals |
| 3 | CEO Earned 2000 Smithsonian Computerworld Award for “Innovation in the IT World” |
| 4 | Strategic Partnerships With Leading Insurance Company, Finance and EV Manufacturers |
| 5 | Proprietary Tech: Improves Overall Membership Experience and Tailored Ads For Additional Revenues |
| 6 | Pre-IPO Discount |
| 7 | 400%+ Month Over Month Social Media Organic Growth |
Why investors us
we've raised $433,191 since our founding
We invested in T4L because we believe in their management team and because we loved the idea of a subscription model for electric vehicles.
T4L's management team has impressed us early on with their breadth of experience, from their visionary solutions for everyday challenges; operational excellence; and ability to engage a wide range of strategic and influential partnerships. All with a focus on disruptive innovation and a low carbon footprint.
The auto industry is long due for disruptive innovation. Not just with Tesla’s electric vehicles and bypassing of dealerships, but also how consumers choose to access transportation. We're rapidly moving towards a subscription-based economy where consumers demand convenience, greater value and flexibility.
Modern cars have become high-tech computers, and the subscription model allows every day consumers and enthusiasts to have their cake and eat it too. I believe in T4L management team's ability to deliver a superior subscription experience.
Lead Investor Investing $20,000 this round
I invested in T4L because I love the idea of having a one-stop-shop for all maintenance needs for my car. Tesla is the way of the future when it comes to vehicles and I'm excited to be a part of this fast-growing company. John and his team are so passionate about what T4L can do for people like me. As a mom of two little ones, I am looking for a type of car that can do it all as well as service that is second to none! Under my T4L subscription I don't have to worry about going to multiple places for my service needs - it's all there for my convenience! With a team like T4L I know my family and my car are in good hands.
Our team
Allen Witters
CEO
Multiple high-growth companies, IPO's and exits. Earned 2000 Smithsonian Computerworld Award for “Innovation in the IT World”
Jason Gabauer
CFO
Developed a new US based blocker structure to secure upward of $30million in commitments for a real estate fund
John P. Arciero
COO
Involved in several successful startups and consulted dozens of clients across a range of industries including fintech, technology, banking, finance, and healthcare
In the news
Downloads
Investor Q&A
What does your company do?
Simple and Enjoyable All-Inclusive Membership Subscription To Tesla Electric Vehicles
Where will your company be in 5 years?
200,000 electric vehicles under subscription including consumer, commercial and government fleet. This cannot be guaranteed.
Why did you choose this idea?
How far along are you? What's your biggest obstacle?
Who competes with you? What do you understand that they don't?
How will you make money?
What are the biggest risks? If you fail, what would be the reason? What has to go right for you to succeed?
How do we plan on managing growth capital acquisition?
What does the all-inclusive membership subscription include?
Why limit vehicles to electric vehicles only?
What is the market opportunity?
Financials
T4L (Transportation 4 Life) has financial statements ending September 30 2020. Our cash in hand is $0, as of October 2020. Over the three months prior, revenues averaged $0/month, cost of goods sold has averaged $0/month, and operational expenses have averaged $100,000/month.
At a Glance
September 2
to December 31
$0
Revenue
-$333,081
Net Loss
$0
Short Term Debt
$333,081
Raised in 2020
$0
Cash on Hand
A note from Wefunder. Unlike companies on the NASDAQ, early-stage startups have little operating history. Financial analysis is not as useful when there is limited data. It's more important to predict the size of the future market. If the founder achieves their vision, will enough customers pay the company enough money?
It's also common for fast-growing startups to lose money even faster: they are investing in future growth. In these cases, it's often better to check if the Cost of User Acquisition (CAC) is lower than the Lifetime Value (LTV) of that customer. If one spends $1000 today to make $10,000 over the next five years, that may be a smart bet. Amazon is a famous example of re-investing potential profits to maximize growth over 20 years.
It's also common for fast-growing startups to lose money even faster: they are investing in future growth. In these cases, it's often better to check if the Cost of User Acquisition (CAC) is lower than the Lifetime Value (LTV) of that customer. If one spends $1000 today to make $10,000 over the next five years, that may be a smart bet. Amazon is a famous example of re-investing potential profits to maximize growth over 20 years.
Net Margin:
N/A
N/A
Gross Margin:
N/A
N/A
Return on Assets:
N/A
N/A
Earnings per Share:
-$0.33
-$0.33
Revenue per Employee:
$0
$0
Cash to Assets:
N/A
N/A
Revenue to Receivables:
~
~
Debt Ratio:
N/A
N/A
T4L financials and review report 9.30.20.pdf
Risks
| 1 | Tesla Vehicle delivery and supply delays and shortages. We rely on Tesla, Inc. for our fleet of vehicles. |
| 2 | Our future success depends on the efforts of a small management team. The loss of services of the members of the management team may have an adverse effect on the company. There can be no assurance that we will be successful in attracting and retaining other personnel we require to successfully grow our business. |
| 3 | Assuming a change from the current rate of 21% to the proposed 28%, the following would take place. Generally, the net profit margin decrease is less than 1% each year. Year 14 would be the max change at 1.39% decrease in the current model. |
The Board of Directors
| Director | Occupation | Joined |
|---|---|---|
| Allen Witters | Executive @ Gravitas Infinitum | 2020 |
Officers
| Officer | Title | Joined |
|---|---|---|
| John Arciero | COO | 2020 |
| Jason Gabauer | CFO | 2020 |
| Allen Witters | CEO | 2020 |
Voting Power
| Holder | Securities Held | Voting Power |
|---|---|---|
| Gravitas Infinitum, LLC | 1,000,000 Common Shares | 100.0% |
Past Equity Fundraises
| Date | Amount | Security |
|---|---|---|
| 09/2020 | $333,081 | Priced Round |
Outstanding Debts
None.Related Party Transactions
Use of Funds
| $50,000 | The first $50K is the start of the operational business with funds allocated as follows.
10% marketing, 70% Fleet Assets, 7.5% WeFunder Fee, 12.5% Operations costs |
| $200,000 | The second target includes and increase in fleet asset purchases and the completion of call center for membership services and back office completion.
5% marketing, 80% Fleet Assets, 7.5% WeFunder Fee, 5% Back office solutions for accounting, call center and customer service items for members. |
| $500,000 | Continue to increase fleet size and expand marketing reach.
80% Fleet Assets, 7.5% WeFunder Fee, 6.25% Operations costs and 6.25% marketing costs. |
| $1,070,000 | Continue to increase fleet size and marketing. Payback start up costs funded by Gravitas Infinitum.
10% marketing, 70% Fleet Assets, 7.5% WeFunder Fee, 12.5% reimburse start up costs. |
Capital Structure
| Class of Security | Securities (or Amount) Authorized |
Securities (or Amount) Outstanding |
Voting Rights |
|---|---|---|---|
| Common | 10,000,000 | 1,000,000 | Yes |
The Funding Portal
T4L (Transportation 4 Life) is conducting a Regulation Crowdfunding offering via Wefunder Portal LLC. CRD Number: #283503.Form C Filing on EDGAR
The Securities and Exchange Commission hosts the official Form C on their EDGAR web site.
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554 startups have raised $212,256,205 on Wefunder
Wefunder supports three different federal laws that allow startups to raise money legally. To comply with the law, Wefunder Advisors LLC and Wefunder Portal LLC (both owned by Wefunder Inc) also list startups depending on the regulation used.
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$156,928,887
for 465 startups
Regulation D
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$45,588,334
for 127 startups
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Wefunder Inc
$9,738,984
for 3 startups
Some fine print:
1) These numbers include startups currently live on Wefunder if they pass their minimum target.
2) Some startups use two different laws at the same time (i.e., Regulation D and Regulation Crowdfunding).
1) These numbers include startups currently live on Wefunder if they pass their minimum target.
2) Some startups use two different laws at the same time (i.e., Regulation D and Regulation Crowdfunding).
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