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Joulez

Operating

Joulez Inc

Industrial & Manufacturing · Bronx, SD · Founded 2021

Your on demand electric vehicle network

Valuation cap ⓘ
$21.0M
As of Nov 2022 · from Reg CF Offering (2022) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$660,872
Across 2 rounds since 2021
Latest share price
$2.00
Reg CF · Common Stock · Oct 2021 offering price

Financials

FY2019–FY2024 (no data for FY2022) · from SEC filings · hover any figure for its source
$0
2019
$0
2020
$11K
−$46K
2021
2022no data
$669K
−$434K
2023
$1.3M
−$726K
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed
FY2020 reviewed
FY2021
FY2023 unaudited
FY2024 unaudited
Income statement
Revenue
$0
$0
$11,000
$669,221
$1,321,454
Cost of goods sold
$0
$0
$3,046
$166,857
$406,334
Gross margin
—
—
72%
75%
69%
Net income
$0
$0
-$45,851
-$434,289
-$725,882
Taxes paid
$0
$0
$0
$18,030
$36,193
Balance sheet
Cash
$0
$0
$35,728
$62,194
$36,771
Accounts receivable
$0
$0
$2,834
-$16,425
-$89,882
Total assets
$0
$0
$191,846
$3,018,926
$2,440,530
Short-term debt
$0
$0
$24,260
$75,314
$50,109
Long-term debt
$0
$0
$100,966
$3,156,225
$3,469,462
Total liabilities
$0
$0
$125,226
$3,231,539
$3,519,571
Other
Headcount
—
1
1
—
1

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, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$40.0M
pre-money
$21.0M
Valuation cap
Reg CF · Common · Oct 2021
Reg CF · SAFE · Jun 2022

Blue bars are the pre-money valuation the company stated for a priced round. Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth, so don't compare them with the other bars.

Fundraising history

Reg CF · SAFE · Jun 2022Closedvia WeFunder
Raised $120.1K / $4.4MInvestors 64Valuation cap $21M
Raised $540.7K / $1.1MInvestors 654Post-money $40.6M

Team

4 people
Micah BergdaleFounder
CEO

Micah Bergdale was part of the first Mac Geniuses hired as part of Steve Jobs’ launch of the Apple Retail initiative in 2001. After three years working as a Mac Genius and then a Manager and Engineer, Micah decided he wanted to pursue his own venture in partnership with Apple, so he launched Digital Criterion at the age of 22. Digital Criterion focused on servicing the growing needs of companies that were beginning to add Apple technology into their larger IT infrastructure. He grew Digital Criterion into a technology consulting operation that spanned four major metro areas and partnered with Apple and CDW to generate $2M in annual revenue. In 2011, Micah and his long-time business partner divested themselves from Digital Criterion and created Bytemark as part of a desire to create a product company. Bytemark attracted an amazing angel investor who was the largest ferry operator in New York City, and he grew it to over 100 employees globally. Bytemark established subsidiaries in India, Australia, UK and Canada. Micah regularly worked through the regulatory issues of operating as a multi-national corporation, and Bytemark sold and implemented its white label mobile app software for clients on six continents. At the beginning of 2019, Micah stepped down from his role as CEO of Bytemark, Inc after selling our company to Siemens. Micah has been working on independent technical and management consulting work this year assisting global businesses with their expansion efforts over the past two years to support operations in transportation and livestream video.

Juan Ortiz
Growth Development Consultant

As a Growth Development Consultant, Juan’s focus will be on rapid market share growth, business profitability, and turning Joulez into a globally recognized brand by everyday people seeking a better auto-rental experience while making our planet greener. Juan brings over 15 years’ experience working in sales & bizdev in the fintech and transport sectors with deep market expertise in public transportation & electronic payment solutions. Juan’s background includes leadership roles at companies like Dun & Bradstreet where he spent 7 years in various Sr. Bizdev positions, and Fora Financial where he was Director of Strategic Partnerships. Previously, Juan was Director of Business Development at Bytemark, Inc., where he played a key role in the company’s successful revenue and people growth. Juan studied at Reading Area Community College, and Kutztown University where he went after his bachelor’s in Business.

Melanie Artale
Operations Consultant

Melanie is a leader in the Transit Technology and Payments with 20 years of experience managing and delivering projects in these industries. Melanie has deployed software in the platform as a service (PaaS), payment gateway, and transportation customer solutions sectors. Working at Bytemark as Director of Project Management, Melanie worked with private and public Transit operators such as NY Waterway, NYC Ferry, MARTA, Capital Metro, MassDOT and Orange County Transit to deliver best in class products and services. Melanie joined Bytemark and made her mark building a Project Management Organizational structure with a team of highly skilled Projects Managers with a passion for Transit Tech solutions. Prior to Bytemark, Melanie worked at WageWorks (formerly TransitCenter). Melanie’s passion for Transit Tech innovation was born. At WageWorks, Melanie worked in Client Service and Operations delivering transit benefits to employees across the United States for both parking and mass transit. While working as Manager of Operations, Melanie worked closely with the State of NY and NYC Transit to provide a yearly MetroCard to commuters, at first only available through the TransitChek program.

Sandeep Puppala
Technology Consultant

Sandeep Puppala has been working in the software development industry for the past 15 years in varying technical capacities in both India and the US. Sandeep completed his Bachelor's degree in Computer Science in 2006 from JNTUH College of Engineering Hyderabad. He has worked as a mobile developer for over a decade including iOS, Android and Windows development and a backend developer with AWS and Azure for support of mobile apps. Sandeep has a particular expertise in the transportation and logistics sectors. He has developed mobile apps for Bytemark in the mass transit industry, TravelCenters of America to support passenger vehicle and long-haul truck drivers and Cargomatrix focused on cargo logistics management. His technical expertise is a critical asset to the success of Joulez.

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

Reg CF annual-report compliance

Delinquent

Filed 2 of 5 annual reports (FY2021–FY2025)

Missing: 2022, 2023, 2025

654 investors
holder-count proxy

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

  • Form C-ARMay 6, 20240001885874-24-000003
    EDGAR
  • Form C/ASep 21, 20220001670254-22-000971
    EDGAR
  • Form C-USep 20, 20220001665160-22-002452
    EDGAR
  • Form CJun 21, 20220001670254-22-000674
    EDGAR
  • Form C-ARMay 2, 20220001665160-22-001352
    EDGAR
  • Form C-UApr 15, 20220001665160-22-000660
    EDGAR
  • Form C/AOct 27, 20210001665160-21-001895
    EDGAR
  • Form C/AOct 26, 20210001665160-21-001887
    EDGAR
Source: ManualCIK 0001885874SDShare price $2.00

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.