INVEST IN WALLABING, INC. TODAY!
Spend Less, Wander More
$21,899.08 Raised
REASONS TO INVEST
Wallabing’s goal is to make it easier than ever to hit the open road. Our peer-to-peer marketplace allows individual owners and rental businesses to rent out RVs, trailers, campers and vans, and provides customers with transparent, affordable pricing to fit any travel budget. Wallabing’s win-win proposition is that owners make more money, while their customers are out making priceless memories.
Going outside is in! RV ownership is at a record high with an estimated 11.2M households owning RVs and according to recent data, as many as 65M Americans plan to go RVing in 2022. It’s also estimated that the low average earnings for individual RV rentals is about $12.5K annually, creating a valuable market opportunity for Wallabing via our rental fee commission model.*
Wallabing’s management team is passionate to provide the best possible experience for our users. Customer service is at the core of everything we do, focusing not just on tech and travel, but also simplicity, transparency, and hospitality. We believe that these elements are essential for serving both sides of the rental process, and creating a thriving community on our platform.
*Market information provided by the RV Industry Association & AOWanders.com (source, source, source)
the pitch
Calling all wanderlusters! Wallabing is a new online platform created to make RV travel safe, simple, and seamless. Through our website and mobile app, listing rentals is free for RV owners and easy to book for travelers who want to head out on their next adventure without hassle. We take care of all the important details, so that all you have to do is get out your roadmap and go.
Taking Vacation Rental On The Road
Wallabing is ready to lead the way towards a new frontier of hospitality. Our peer-to-peer marketplace makes RV rental streamlined and straightforward for renters and owners alike by eliminating hidden fees and doing all the heavy lifting behind the scenes. On the Wallabing platform, you’ll find RVs of all sizes and sleep capacities, plus experience enhancing amenities like kayaks and camping chairs, customizable for any excursion.
For vehicle owners listing is free and easy, and for travelers we keep pricing transparent, so you know exactly what you’ll pay before you book. Meanwhile, the Wallabing team takes care of back end logistics – including comprehensive insurance, roadside assistance, DMV checks, and payment processing – ensuring that the entire process is easy and convenient for our users.
The Problem & Our Solution
Transforming The RV Travel Experience With Customer Support At Every Turn
The sharing economy is relatively new to the RV space, yet Wallabing believes there is still plenty of opportunity for innovation. Despite the growing popularity of RVs and outdoor travel, industry experts cite that there are over 54M idle RVs at any given time, worldwide. As we see it, this new way to view the world has yet to be fully embraced because consumers lack an easy-to-use marketplace that isn’t overly complicated by confusing fee structures and a lack of customer service.
(source)
So Wallabing set out to build a platform that brings owners and their customers together, creating a 5-star experience for all involved. We allow RV owners to list for free and set their own rate, which in turn keeps prices low for our renters. In fact, in side-by-side comparisons, we are finding that Wallabing offers the best value to travelers compared to nearly every other competitor on the marketplace.
1.) RVIA, "65 Million Americans Plan To Go RVing This Year" (source)
2.) GoRVing, RV Owner Demographic Profile
3/4.) RVshare, "RV Rental Interest in 2021" (source)
5.) GoRVing, RV Owner Demographic Profile
6.) Verified Market Research, "United States RV Rental Market Size" (source)
Whether you want to go to the beach, tailgate at the stadium, explore national parks, visit a new city, amplify your concert and convention experience, or just start driving and see where the journey takes you, Wallabing makes it easy to choose your own adventure.
The Market & Our Traction
Growing Coast-To-Coast With More Expansion On The Horizon
Wallabing’s five-year goal is to have 150K RVs on our site – and on the road! We are proud to report that in just six months, we have accomplished increasing our inventory by 682%. The platform currently offers listings in 26 U.S. states, has 164 consultants ready to assist owners and renters in 32 states, and is experiencing continued growth week after week, with minimal marketing outreach.
In order to further build out our marketplace and increase inventory, Wallabing has developed a responsive business model, lowering our service fee, while keeping modest customer acquisition costs. With the additional runway that investor funding will provide, we anticipate exponentially expanding our user base through targeted marketing, which will allow us to pass even more additional savings on to our customers.
Why Invest
Join Us On The Journey To Build A Go-To Travel Brand
Imagine planning a vacation without the stress of finding a place to stay. At Wallabing, we want more people to experience all that RV travel has to offer, enjoying limitless adventures and complete freedom to roam. With this in mind, we built our platform to provide affordable, accessible booking, as well as an equitable revenue stream for owners with wheels to spare.
In a short amount of time and with limited resources we’ve been able to accomplish a lot, and now we’re eager to get the word out to the millions of RV-ers who don’t know about Wallabing just yet. Your investment helps us go the extra mile, and we can’t wait to welcome you aboard!
ABOUT
HEADQUARTERS
2705 Broken Bow Cir
Plano , TX 75093-3395
WEBSITE
View Site
Wallabing is a new in-market RV rental platform connecting RV owners and their customers coast-to-coast. Since launching in 2021, the company has expanded to offer listings in 26 U.S. states and is currently focused on customer acquisition through growing brand awareness.
TEAM
Jason Carlson
Founder and CEO
After earning a degree in Finance, and working in asset management and consulting, I realized I wanted to get back to that spirit of adventure that was instilled in me by my parents. When I started my own family, I was eager to show them the wonders that an RV adventure could bring. They fell in love just as I did and that was the true foundation of Wallabing. From there it took a few years to marry my expertise and educational background with the desire I had to instill that same sense of curiosity and exploration in each and every client to create the product we have today. Every day since then has been a different and challenging adventure on it’s own.
Mary Carlson
Founder and Chairman of the Board
As for me, after becoming both fifth and seventeenth in the country with horseback riding and graduating from SMU, I started my own horse business, where I trained and showed young horses to be sold. Shortly after that, I was invited to work in my family’s office and learn the ropes of commercial real estate investment. Observing many of the risks that my dad took, I knew that I had to take some of my own if I was going to achieve similar success.
The opportunity to take such a chance revealed itself through my husband and I’s love of renting RV’s. We then considered applying our real estate principles to owning a fleet of rental RVs. In the process however, we saw the opportunity to build a marketplace instead—the ultimate rental portfolio. We hope that you will join us on this awesome adventure! Let’s Wallabing!
Alexandra Arbuckle Johnson
COO
Robert Kachmar
CTO
TERMS
Wallabing, Inc.
Overview
PRICE PER SHARE
$0.15
DEADLINE
Jun 1, 2023
VALUATION
$6.06M
FUNDING GOAL
$10k - $1.23M
Breakdown
MIN INVESTMENT
$174.90
MAX INVESTMENT
$1,234,999.95
MIN NUMBER OF SHARES OFFERED
66,666
MAX NUMBER OF SHARES OFFERED
8,233,333
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.
Voting Rights of Securities Sold in this Offering
Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.
Investment Incentives and Bonuses*
Friends and Family Early Birds
Invest at least $175 in the first 72 hours and receive 15% bonus shares.
Super Early Bird Bonus
Invest at least $175 in the first week and receive 10% bonus shares.
Early Bird Bonus
Invest at least $175 in the first 2 weeks and receive 5% bonus shares.
Amount-Based:
$500+ | Tier 1
Example: Invest $500+ and receive 2.5% bonus shares plus 1 transferable coupon where Wallabing waives its nightly fee.
$1,000+ | Tier 2
Invest $1000+ and receive 5% bonus shares plus 2 transferable coupons where Wallabing waives its nightly fee.
$2,500+ | Tier 3
Invest $2500+ and receive 7.5% bonus shares plus 3 transferable coupons where Wallabing waives its nightly fee.
$5,000+ | Tier 4
Invest $5000+ and receive 10% bonus shares plus 4 transferable coupons where Wallabing waives its nightly fee.
*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Wallabing will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $0.15/ share, you will receive 110 shares Common Stock, meaning you'll own 110 shares for $15. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.
Irregular Use of Proceeds
We will not incur any irregular use of proceeds.
ALL UPDATES
05.01.23
Wallabing hits the press!
Wallabing launched a press release and PR campaign last Monday (4/24/23). As you saw in our previous update, Wallabing was featured on Yahoo! Finance almost immediately, but the good news doesn't stop there.
Only one week later (as of 5/1/2023), our PR campaign has reached a global audience of more than 117.7 million people. Hello, world! Meet Wallabing.
Some of the other publications include Markets Insider, RV Business, Tech Times, and Dallas Innovates. Wallabing has been officially introduced to the market and won't stay a best-kept secret for long. If you haven't already, the time to invest is now!
04.27.23
Wallabing makes the news!
Check out our feature on Yahoo! Finance. Now is your chance to invest before time runs out!
04.21.23
JH Nemechek Wins Again!
Wallabing's official partner, John Hunter Nemechek, placed 1st place this past weekend in Martinsville and is now ranked 1st in points for the entire Xfinity Racing Series. Plus, since the beginning of March, our listings have increased by roughly 7%. Our partnership is already paying dividends and attracting attention to Wallabing, so if you haven't already invested, the time is now. GO!
03.31.23
Marketing Campaigns
The Wallabing word is officially hitting the streets – for the first time EVER! This week, we signed contracts with two marketing companies who will collectively focus on traditional PR as well as state of the art AI and technology deployment, with a reach in excess of 90 million people! Invest today to become an owner of Wallabing before Wallabing becomes THE name for peer-to-peer RV rentals.
03.01.23
John Hunter Nemechek Wins!
Congratulations to our official Nascar partner, John Hunter Nemechek, for his first win of the season! And more great news – we increased our total listings by 9% MORE over the weekend. If you haven’t invested yet, the time is now!
02.21.23
Wallabing Growth
As you know, we partnered with John Hunter Nemechek, Driver of the No. 20 Toyota Supra for Joe Gibbs Racing in the Nascar Xfinity Series. John Hunter’s first race was this past weekend and after a neck-and-neck finish, he placed 2nd! We can’t wait to see what he does next.
Since launching our crowdfund through StartEngine and announcing our partnership with John Hunter, we have experienced a 10% increase in new RV listings and have gained many new investors. Let’s continue to capitalize on this growth. We would be thrilled for you to join our journey as an investor, if you haven’t already, and please share with others you think might be interested.
02.16.23
John Hunter's (Wallabing's NASCAR partner) Social Media Reach & 1st Race of 2023
As you know, Wallabing has partnered with John Hunter Nemechek, Driver of the No. 20 Toyota Supra for Joe Gibbs Racing in the Nascar Xfinity Series. John Hunter will post regularly about Wallabing, and he already has a very strong social media presence. In 2023 alone, his Instagram has reached over 33 million people, his Tik Tok account (that was launched just a few weeks ago) has over 45 million views, and he has thousands of followers on both Facebook and Twitter. Our partnership with John Hunter exponentially increases Wallabing’s introduction to market by reaching tens of millions of people!
Be sure to watch John Hunter’s first race of the season on FS1 this Saturday at 5:00 p.m. EST and look for the Wallabing logo on his helmet. With your support, we can continue to cultivate and grow other opportunities just like this.
02.14.23
Wallabing Partners with Nascar Driver John Hunter!
We are thrilled to announce Wallabing has partnered with John Hunter Nemechek, Driver of the No. 20 Toyota Supra for Joe Gibbs Racing in the 2023 Nascar Xfinity Series! Wallabing has provided an amazing Wallabing wrapped RV and our logo will be featured on his helmet. RVing and Nascar go together like PB&J, and we can’t wait to introduce, “John Hunter, Powered by Wallabing,” to the Nascar fanbase.
Don’t miss John Hunter’s regular Wallabing posts throughout racing season by following him on here on Instagram, Facebook, and Twitter!
Stack Owner's Bonus & Rewards!
Members get an extra 10% shares in addition to rewards below!
REWARDS
JOIN THE DISCUSSION
0/2500
Kyle Fishman
4 months ago
1. What is your total addressable market?
2. What's your end game? (acquisition, IPO, etc.)?
1
0
Daniel Hunt
4 months ago
What does "peer to peer' mean? Why use such an insider term?
1
0
Patrick Hall
17 INVESTMENTS
4 months ago
Which charity-(ies) receive the 10% net revenue?
1
0
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
WHY STARTENGINE?
REWARDS
We want you to succeed and get the most out of your money by offering rewards and memberships!
SECURE
Your info is your info. We take pride in keeping it that way!
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With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.
With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.
At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.
Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.
StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.
For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.
For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.
Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.
Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.
Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.
Timothy huckaby
15 days ago
1
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