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LaneAxis

Operating

Laneaxis, Inc.

Transportation · Huntington Beach, CA · Founded 2015

Transforming Freight Transportation

Valuation cap ⓘ
$75.0M
As of Apr 2024 · from Reg CF Offering (2023) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$10,860,183
Crowd $9.8M · Private $1.0M · 6 rounds since 2016
Latest share price
$1.10
Reg CF · Common Stock · Mar 2021 offering price

Financials

FY2018–FY2023 · from SEC filings · hover any figure for its source
$418K
−$372K
2018
$0
−$627K
2019
$119K
$1.2M
2020
$2.0M
−$921K
2021
$3.1M
−$958K
2022
$4.3M
−$2.4M
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 audited*
FY2019 audited
FY2020 audited
FY2021 audited
FY2022 audited
FY2023 audited
Income statement
Revenue
$418,428
$0
$118,852
$1,974,762
$3,078,196
$4,330,150
Cost of goods sold
$0
$0
$0
$0
$0
—
Gross margin
100%
—
100%
100%
100%
—
Net income
-$371,992
-$626,712
$1,225,715
-$920,858
-$957,605
-$2,360,671
Taxes paid
$0
$0
$0
$0
$0
—
Balance sheet
Cash
$11,674
$33,185
$62,849
$2,590,189
$482,897
$412,099
Accounts receivable
$0
$0
$109,770
$0
$2,015,000
$5,836,639
Total assets
$2,360,963
$2,207,132
$2,169,464
$4,409,932
$4,195,659
$7,436,788
Short-term debt
$385,397
$399,397
$454,347
$232,499
$240,099
—
Long-term debt
$0
$100,000
$130,942
$0
$0
—
Total liabilities
$385,397
$499,397
$585,289
$232,499
$240,099
$1,580,889
Other
Headcount
10
10
25
6
35
—

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
$8.0M
pre-money
$32.7M
pre-money
$72.6M
est. pre-money
$75.0M
Valuation cap
Reg CF · Common · Feb 2020
Reg CF · Common · Mar 2021
Reg A+ · Equity · Apr 2022
Reg CF · SAFE · Nov 2023

Blue bars are the pre-money valuation the company stated for a priced round. Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher. 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.

Share price over rounds

$1.10$0.55$0.41
Feb 2020Mar 2021
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Share counts as of Dec 31, 2023
Series A Preferred Stock · 0%Common Stock · 100.0%
ClassOutstandingVotes / shareShare of totalLast price
Series A Preferred Stockpreferred1—0%—
Common Stock36,177,2641100.0%$1.10Mar 2021
Total36,177,265100%

Shares outstanding over timein today's share terms

35M18M0
Dec 2018Dec 2022
Common StockSeries A Preferred StockRound opened

Principal holders% as the filing states it, Sep 27, 2024

  • Rick L. Burnett10,053,269 shares28.3%of company
  • Greater than10.0%of company
  • R. Mason Burnett1,000,000 shares2.8%of company
  • Andrew Rivera559,000 shares1.6%of company
  • Everyone else (not named in filings)57.3%

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Reg CF · SAFE · Nov 2023Withdrawnvia WeFunder
Raised $5.5K / $5MValuation cap $75M
Reg A+ · Equity · Apr 2022Closedvia DealMaker
Raised $0 / $20MEst. pre-money $72.6M
Raised $4.9M / $4.9MInvestors 4,433Post-money $37.6M
Raised $4.9M / $4.9MInvestors 1,937Post-money $9M
Raised $400KInvestors 1
Raised $611KInvestors 17

Team

16 people
Rick BurnettFounder
Founder, CEO, Director

Rick’s extensive knowledge of mobile technology, software development, and deep experience in (and love for) trucking and logistics inspired him to create LaneAxis. A former partner in a trucking company, Rick spent a decade researching and developing a mobile-based platform that provides real-time tracking and data analytics over freight movements. Rick’s expertise culminated with the design of a Shipper-to-Carrier direct optimization platform that was granted a full U.S. Patent in March, 2018. Rick Burnett works full time at Lane Axis. 45-50+ hours per week

Mason Burnett
COO & Director

Mason oversees all internal operations at LaneAxis, commanding a lean and agile workflow within and between all teams, ensuring the elimination of any silo-based thinking. With a background in business systems/administration and a deep knowledge of the freight transportation industry, Mason keeps LaneAxis streamlined, on budget, and fiercely focused. Mason Burnett works full time at Lane Axis. 45-50+ hours per week.

Ellie Burnett
Chief Design Officer
R. Mason Burnett
COO
Alex Williams
Sales Advisor

Alex is a veteran of the transportation and logistics industries, having worked for and with freight brokerages and directly with large shippers looking to move loads, including major U.S. automakers. Alex currently leads Business Development for The Campbell Company, a 40-year-old firm focused on supply chain solutions for the automotive, transportation and energy sectors. In his full time role with the Campbell Company, Alex serves as Director of National Accounts for LaneAxis.

Andrew Rivera
CMO

Andrew is an award-winning former TV news journalist with nearly a decade of corporate experience in Public Relations and Marketing. He spent 10+ years with Disney ABC Television. Now immersed in logistics and freight transportation, he led a global marketing campaign for a successful token sale focused on a cutting edge data analytics platform. Technically and editorially savvy, he thrives on every opportunity to create imaginative writing and visuals that slice through the clutter. Andrew Rivera works full time at Lane Axis. 45-50+ hours per week

Clint Johnson
Logistics & Supply Chain Development Advisor

Clint spent nearly a decade as a Walmart logistics and supply chain executive. Having managed freight logistics for the largest company in the world, Clint has a proven track record in merchandising, supply chain, analytics, inventory control, and auditing. He is currently VP of Topco, a $14 billion company that provides supply chain solutions to the food industry. As a longtime LaneAxis shareholder, Clint’s focus is providing strategic planning guidance in the areas of logistics and supply chain development.

David Patton
Sales | Auto Industry Focus Advisor

For nearly three decades, David has specialized in sales, brand marketing, long-term contract negotiations and international new product introduction into North America. Customers have included: General Motors, TRW, Ford Motors, Magna International, ZFLS, Tesla Motors, the EPA, and various freight carriers. David is currently Senior V.P. for the Campbell Company, a supply chain focused sales firm.

Himanshu Yadav
Technology Lead

Fluent in all coding languages, Himanshu has fully immersed himself in the freight logistics and supply chain industries. Focus areas include: virtualization, networking, UI, UX, Enterprise Software, Large Scale Systems, Web and Mobile App Development, and the creation of highly scalable cloud platforms.He is full time at the company, 45-50+ hours per week.

Show 7 more people
Mark Williams
Sales | Supply Chain Management Advisor

Mark brings over two decades of supply chain management experience to his advisory post, having developed and implemented logistics strategies for Fortune 500 companies and second-tier manufacturers – both domestically and abroad. Mark developed the “Conquest Sales Process” to establish target customers and sectors, resulting in billions of dollars of managed revenue over the years. Mark is a seasoned veteran in new technology implementation, and currently serves as President of the Campbell Company, a supply chain focused sales firm.

Phil Treglia
Strategic Advisor

A former Lieutenant Colonel in the United States Marine Corps, Phil is a strategic-minded operations executive and advisor. Holding a Master's degree in Homeland Security from the U.S. Naval Postgraduate School, Phil now leads LaneAxis’ government initiatives. Phil is currently a Professor of Homeland and National Security at Colorado Technical University.

Richard Levy
Senior Technical Advisor

Richard brings over 35 years of experience in the software space to his advisory role with LaneAxis, and was a key member in helping develop the company’s patented foundational system. Richard has held prominent leadership positions developing enterprise and cloud-based platforms to support applications in the Banking, Corporate Legal, Insurance, and Governance Risk and Compliance (GRC) industries.

Tom Reid
Brokerage/3PL Advisor

An experienced transportation professional with over a decade of 3PL/freight brokerage operations and sales experience. Tom spent 8 years working for Coyote Logistics, a titan in the 3PL industry that was acquired by UPS in 2015 for nearly $2 billion. Tom is currently Director of Enterprise Accounts at RPM, a Detroit-based logistics provider with offices around the globe.

Elvis Rodrigues
Product-Project Manager
Harsh Yadav
Technology Lead
Justin Nguyen
Shipper Sales Lead

Names and titles as disclosed on SEC Form 1-A, SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not required3+ reports filed & assets ≤ $10M

Filed 4 of 7 annual reports (FY2019–FY2025)

4,433 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 1-UOct 3, 20240001213900-24-085086
    EDGAR
  • Form 1-KSep 27, 20240001213900-24-082771
    EDGAR
  • Form 1-USep 17, 20240001213900-24-079495
    EDGAR
  • Form C/AJan 26, 20240001670254-24-000067
    EDGAR
  • Form C/ADec 19, 20230001670254-23-001158
    EDGAR
  • Form CNov 24, 20230001670254-23-001070
    EDGAR
  • Form 1-KOct 26, 20230001013762-23-006838
    EDGAR
  • Form C-AROct 20, 20230001013762-23-005182
    EDGAR
Source: ManualCIK 0001702255DEShare price $2.10

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.