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BIB TECHNOLOGIES

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BIB Technologies, Inc.

Industrial · Energy · Los Angeles, CA · Founded 2018

Mobilizing businesses with clean energy

Post-money valuation
$18.1M
As of Nov 2023 · from BIB Technologies Common Stock 1 · pre-money + amount raised, not a traded price
Total raised
$23,782
Across 1 round since 2023
Latest share price
$1.60
BIB Technologies Common Stock 1 offering price

Financials

FY2021–FY2022 · from SEC filings · hover any figure for its source
$584
−$29K
2021
$39K
−$26K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021
FY2022
Income statement
Revenue
$584
$39,347
Cost of goods sold
$0
$0
Gross margin
100%
100%
Net income
-$28,763
-$25,763
Taxes paid
$0
$0
Balance sheet
Cash
$9,482
$4,991
Accounts receivable
$0
$0
Total assets
$41,930
$24,208
Short-term debt
$13,349
$9,106
Long-term debt
$0
$0
Total liabilities
$13,349
$9,106
Other
Headcount
9

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Post-money = pre-money + amount raised · caps marked
$18.1M
post-money
BIB Technologies Common Stock 1

A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.

Fundraising history

BIB Technologies Common Stock 1ClosedReg CF · Common Equity · via StartEngine
Raised $23.8K / $1MInvestors 81Post-money $18.1M

Team

10 people
Deloss PickettFounder
President, Director & Founder

Deloss Pickett is a self-taught engineer with a passion for building cars since his teenage years. As a former Tesla Senior Energy Advisor at Tesla, he focused on Powerwall and charging infrastructure. In 2008, Deloss started Beverly Hills Exotic Motors where he sold luxury automotive brands and built custom vehicles for high-net-worth clients before selling his stake. Deloss also brought the luxury Mexican automotive brand, Mastretta to the US market and has been active in exotic car rallies - Targa Trophy, Gold Rush Rally, and The Italian Stampede. He brings over 20 years of relationships with private lending, leasing, and on-demand delivery mobile app development before founding BIB Technologies. Deloss has a passion for film, graduating from Clint Eastwood's CSU Monterey Bay Film and Documentary Production program and produced the critically acclaimed film "25 to Life" alongside rapper and actor, Ice T.

Nanavati LowFounder
CEO and Co-Founder

Nanavati Low brings a powerhouse combo of Silicon Valley tech and engineering experience as BIB Technologies’ first female CEO. Her career includes stints at industry giants Red Bull, SpaceX, Fiat Chrysler, MUFG Union Bank, and venture-backed V7 Labs (formerly Aipoly). Nanavati led emerging technologies product and engineering at Red Bull Media House, grew mobile app innovation for Red Bull TV and Wings For Life Foundation, and launched the world's largest global running event with over 161,000 participants from 192 nations, raising €4.7M. Her proven track record of building successful partnerships includes Emmy-winning projects and “Best of Innovation” at CES. Nanavati's passion for product development began during her time at Fiat Chrysler and SpaceX where she developed manufacturing and digital automation tools for Jeep Cherokee production lines and the NASA Cargo Resupply CRS-7 mission. With her MS from USC and BS in Industrial Engineering Operations Research from UC Berkeley, Nanavati seeks to inspire the next generation of female leaders.

Derek Lossing
Logitics Advisor

Derek Lossing scaled Amazon's e-commerce delivery network from 2015 to 2021. As a seasoned executive with extensive experience in transportation and operations, his expertise includes negotiating complex transportation agreements with major carriers and successfully scaling last-mile logistics and freight forwarding products. Prior to his time at Amazon, Derek led global logistics for Delta Air Lines and managed pricing and revenue management for Delta Cargo. He also served as Senior Director of Transportation at American Eagle Outfitters (a $5B US retailer) overseeing all transportation operations. Derek specializes in advising on navigating the evolving e-commerce supply chains.

Peter Weinstein PhD, JD
Legal Advisor

Dr. Weinstein handles all aspects of Intellectual property, transaction, and corporate law. Dr. Weinstein currently is a Director of the company and advises the company on legal matters. His primary role is as CEO of Entralta currently and he commits 10 hours per week to iPill. Before his involvement with Quivive Pharma, Dr. Weinstein worked for many years as Senior Patent Counsel at Baxter Healthcare Corporation where he was responsible for managing legal and intellectual property matters for Baxter’s major hemophilia products like Advate® and major research and development programs in hemophilia, two of which were approved by the FDA, including Adenovate®. This work entailed working with multidisciplinary teams in the United States, Europe and Asia. Prior to Baxter, Dr. Weinstein worked in the San Diego Offices of the law firms of Brobeck, Phleger & Harrison and Fish & Richardson where his practice focused on the management and prosecution of patent portfolios for biotech and high-tech companies and patent and general civil litigation. During law school, he worked full-time as a patent agent in the Boston Office of Goodwin Procter. Dr. Weinstein also worked as an Examiner at the United States Patent and Trademark Office followed by a stint as a Senior Scientist at a biotech company where he was responsible for the Animal Health Group developing vaccines and other therapeutics for the treatment of infectious disease in large animals. Dr. Weinstein received his Ph.D. in Biology with an emphasis in Immunology from the University of Pennsylvania. Following receipt of his Ph.D., Dr. Weinstein worked as a Research Fellow, first at the National Institutes of Health in Bethesda, Maryland and then at the United States Army Medical Research Institute of Infectious Disease in Frederick, Maryland where he investigated the molecular development of antibody diversity and developed vaccines. He received his Juris Doctorate degree at Boston College Law School. Dr. Weinstein is a registered patent attorney and is licensed to practice law in California and is admitted to the U.S. District Court for the Central and Southern Districts of California.

Sitara Nayudu
Product & Engineering

Sitara Nayudu, angel investor and sustainability advocate, boasts 12+ years of exemplary product and engineering leadership experience, with a remarkable career spanning Ring, Amazon, Cargomatic, and Kaiser Permanente. As a pivotal early employee at Ring, she helped grow the product team from video doorbell company from Shark Tank fame to Amazon acquisition. Armed with an environmental engineering degree from the University of California, Irvine, her passion for inclusivity and sustainability perfectly aligns with BIB Technologies' mission. With an unwavering commitment to innovation, Sitara's advisement and angel investment aims to propel their EV mobile store platform, making a positive impact on customers and the environment alike. Sitara is currently part-time & contributes a weekly estimated average of 10-15 hours per week. Please note that weekly contributions may increase from time to time depending on workload and the company's operations.

Steve Factor
Electrical & Systems Engineering

Steve Factor’s extensive expertise in lighting and electrical systems, energy management and solar power started long before joining BIB. In 2007, he joined the small group of PV pioneers that started SolarCity. Steve played key roles building residential PV crews and developing the commercial PV division as the company expanded. As a community activist, Steve promoted the new ELASC solar training program which grew to matriculate 250 students per month as preferred job candidates for renewable energy careers. In 2009, Steve helped create and grow SolarCity's home charger installation team, deploying thousands of chargers for the debut of Tesla's Model S. Before Tesla's acquisition of SolarCity in 2016, Steve joined the Safety and Training team prioritizing health, efficiency, and skill development for energy division members. In 2018, he was tasked with reducing Supercharger station installation costs using in-house electrical and project management teams. His methods and training resulted in significant cost reductions, more efficient installation, improved quality, and consistent station builds nationwide. At home, Steve continues to experiment. Currently, he’s upgrading his original 1999 Ford Ranger Electric to install a new BMS, lithium battery pack, and NACS charging system - leveraging his career path as an electrical contractor, lighting consultant, energy management consultant, solar PV designer/installer and electric vehicle charging system designer/installer. Steve is currently part-time & contributes a weekly estimated average of 10-15 hours per week. Please note that weekly contributions may increase from time to time depending on workload and the company's operations.

Charles Deloss Pickett III
Director and Board Member
David Grau
Advisor

Accomplished and highly skilled multidisciplinary creative executive, David has extensive experience in product design and a proven track record of executing successful creative strategies, managing cross-functional teams, and delivering world-class experiences on a global scale. Proficient in a wide range of platforms and mediums, including mobile, TV, OTT, web, video, immersive, voice, connected devices, and print, with a track record showcasing partnerships with some of the most iconic brands in the world, such as Red Bull, Nike, Adidas, YouTube, Warner Bros, Ford and more.

Kenneth Herrera
Advisor

As a veteran sales and innovation executive, Kenneth Herrera generated over $70 million in net new revenue in his decades-long career spanning major manufacturers and shipping logistics. Kenneth has led sales in parcel and ecommerce innovation as well as locker hardware business development for both enterprise and retail markets. He has over 30+ years of experience as a Global and National Account Manager in Information Governance, driving sales revenue through direct end-user and indirect channel models. Kenneth specializes in new technology solutions introductions, contract negotiations and closing deals to senior management in Fortune 500 companies, Higher Education and healthcare.

Show 1 more person
Suzannah Mathur
Advisor

With over 20 years of experience in design and creative direction, Suzannah's award-winning work focuses primarily on supporting organizations in the non-profit, arts and environmental sectors, including renowned institutions such as UCLA, the Los Angeles Philharmonic and the Association of National Advertisers. Her work has been showcased in the Society of Publications Designers, CASE, the New York Times, and the blockbuster film Valentine’s Day. She's taught Fundamentals of Design and Color Theory courses at the Art Institute Los Angeles and developed a course on Sustainable Packaging. Her product development work has been distributed by major retailers like Target, Kmart, Walmart, Sears, Dillard’s, and JC Penny and led to managing licensed product lines for Walt Disney and Mary Engelbreit Inc. Suzannah has a MS in Sustainable Product Design from Bournemouth University, United Kingdom, and a BSC in Graphic Design from the University of Cincinnati School of Design, Architecture Art & Planning.

Names and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 0 of 3 annual reports (FY2023–FY2025)

Missing: 2023, 2024, 2025

81 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-UNov 15, 20230001665160-23-001928
    EDGAR
  • Form CAug 8, 20230001665160-23-001619
    EDGAR
Source: ManualCIK 0001987593DEShare price $1.60

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.