Problem Addressed: The average cost to own and maintain a car is over $700 per month. Yet, cars are on average parked 95% of the time. Car ownership is wasteful and ties up a lot of cash that could be saved or spent more effectively.
The Product: Unlo takes the best of the automotive industry and wraps it all into a single subscription. Membership unlocks the vehicles you want and need, when you want and need, where you want and need.
- Security: SAFE
- Valuation Cap: $3,000,000
- Min. Investment: $100
(Data as of June 2021.)
Unlo: WeFunder Campaign Highlights
1) $15,000+ revenue and 7,000+ unique website visitors from 43 countries.
2) $100,000+ in monthly recurring revenue potential from "buy now" clicks
3) Founded by former racing driver, serial entrepreneur, and legacy car-share employee.
4) All investors invited to founder's room social channels to socialize and keep up-to-date with unlo.
5) Goal: distill the best of the current auto industry, and combine into a single next-gen service.
6) $200,000+ committed personally by founder
7) By 2023 75% of direct-to-consumer businesses will offer subscription.
8) SAFE holders receive discounts on membership!
Did I Invest In Unlo?
I’m still in the process of writing a full deal report and decide whether or not I will invest in Unlo on WeFunder. At Angel Notes, I review 100+ pitches on 10+ platforms every month and send a detailed report every Saturday to subscribers of the Angel Notes newsletter (you can join through the form below). See you soon!