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Universal Transit

Operating

UNIVERSAL TRANSIT CORP

Industrial · Founded 2020

Reinventing auto transportation with AI, saving millions in time and resources

Valuation cap
$28.0M
As of Sep 2024 · from Reg CF Offering (2024) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$0
Across 1 round since 2024

Financials

FY2022–FY2023 · from SEC filings · hover any figure for its source
$8.1M
$36K
2022
$9.7M
$45K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2022
FY2023
Income statement
Revenue
$8,078,169
$9,681,210
Cost of goods sold
$6,047,614
$5,383,838
Gross margin
25%
44%
Net income
$36,069
$44,850
Taxes paid
$8,939
$9,527
Balance sheet
Cash
$6,943
$57,621
Accounts receivable
$0
$239,697
Total assets
$839,690
$2,415,353
Short-term debt
$593,621
$691,823
Long-term debt
$0
$1,432,610
Total liabilities
$593,621
$2,124,433
Other
Headcount
0

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
$28.0M
Valuation cap
Reg CF Offering (2024)

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

Reg CF Offering (2024)WithdrawnReg CF · SAFE · via Republic
Raised $9.7K / $1.2MInvestors 27Valuation cap $28M

Team

3 people
Giorgi Milorava
Chief Executive Officer
Anzor Nishnianidze
Director
Beka Osepaishvili
Director

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not obligated

never closed a Reg CF raise

27 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-WSep 30, 20240002013613-24-000003
    EDGAR
  • Form C/AAug 5, 20240002013613-24-000002
    EDGAR
  • Form CApr 22, 20240002013613-24-000001
    EDGAR
Source: ManualCIK 0002013613

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.