Total amount raised
$2.04 Million
Latest funding date
8/3/2018
Location
Dash Labs, Inc. was a connected-car startup founded in 2012 by Jamyn Edis and Brian Langel in New York, not a moving company. It sold an OBD plug-in and app to give older vehicles smart-car features. It has filed nothing with the SEC since 2019 and its website no longer responds.
What Is Dash?
Dash Labs, Inc. was founded in 2012 by Jamyn Edis and Brian Langel and was based in New York, New York. The company operated in connected-car technology; co-founder Jamyn Edis is now listed at Take-Two Interactive.
Dash Labs' April 2019 Form C-AR reported 2018 revenue of USD 6,275 against USD 1,423,132 the year before, with a net loss of USD 691,836. Dash Labs has filed nothing with the SEC since April 2019 and the website at dash.by no longer responds; it is presumed defunct.
How Much Funding Has Dash Raised?
- Convertible Note
- Amount Raised: USD 100,000
- Date: April 2013
- Seed
- Amount Raised: USD 1,000,000
- Date: December 2013
- Seed
- Amount Raised: USD 300,000
- Date: January 2015
- Series A
- Amount Raised: USD 739,343.50
- Date: August 2018
- Lead Investors: Not publicly disclosed (SeedInvest crowdfunding investors via SI Securities plus Regulation D accredited investors)
Dash has raised a total of USD 2,038,214 through various funding rounds. The total is the SEC-documented figure: USD 1,298,870 of convertible notes plus the USD 739,343.50 Series A Preferred offering.
Key Investors
The major investors in Dash have played a significant role in its growth and success. Here are some of the key investors:
- SeedInvest Crowdfunding Investors (via SI Securities)
- Details: Retail and accredited investors who bought Series A Preferred stock in Dash's August 2018 offering through SeedInvest, which raised USD 739,343.50.
- Investment Focus Areas: Early-stage startups raising under Regulation Crowdfunding and Regulation D.
- Notable Investments: Not applicable.
- Angel Investors (Convertible Noteholders)
- Details: Unnamed angel investors who held USD 1,298,870 of convertible notes in Dash. The notes matured on June 30, 2016 and remained outstanding.
- Investment Focus Areas: Not publicly disclosed.
- Notable Investments: Not publicly disclosed.
The valuation of Dash during these funding rounds was not publicly disclosed.
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