HOVR crowdfunding raise on FrontFundr (no longer listed)
Last seen on FrontFundr’s listing
Own a Piece of Canada’s National Rideshare Platform
- Listed on FrontFundr
- Equity
- Technology · Canada
Funding history
405 readings
About HOVR
Summarised by Raise Sonar from HOVR’s FrontFundr pitch
HOVR is a Canadian rideshare platform in which drivers keep 100% of the fare, with riders paying less. HOVR earns separate, disclosed membership and platform fees that support technology, payments, insurance administration, customer support and market operations. The platform is live across Canada with approved members in every major Canadian city. This campaign is intended to finance Canadian marketing and market activation to bring riders, approved members and local market activity together.
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The raise in figures
Raised
CA$0
of CA$1,500,000 maximum
0%
of maximum
- Investors
- 0
- Minimum investment
- CA$250
- Pre-money valuation
- CA$53M
Last updated
↳ FrontFundr · last checked 6 d ago
About this raise
HOVR’s equity crowdfunding raise is no longer listed on FrontFundr. FrontFundr files HOVR under Technology; the company is based in Canada. The round is for shares, made under Canada’s start-up crowdfunding exemption, National Instrument 45-110.
The pre-money valuation is C$53M. HOVR set a maximum of C$1.5M. Tickets started at C$250.
It was due to close on . Only residents of Canada could invest.
NI 45-110 is Canada’s start-up crowdfunding exemption, which caps both what the company can raise and what each investor can put in. Buying shares makes investors part-owners of HOVR. The figures here come from FrontFundr, as of Raise Sonar’s last check on .
No longer listed
No longer listed
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