SAN FRANCISCO--(BUSINESS WIRE)--Text To Ticket announced today that it has partnered with SeedInvest, the foremost online investing platform, opening an investment opportunity in the company to any and all interested parties. Text To Ticket, a mobile app that pays citizens to report ordinance violations, will be accepting both Regulation D and Regulation CF investments on SeedInvest.com through Friday, November 17, 2017.
“Partnering with SeedInvest to raise investment capital is a major step in combatting distracted driving and creating smarter cities,” said Steve Nguyen, cofounder of Text To Ticket. “Now both victims and supporters of the cause can invest in the fight and make a difference in protecting lives.”
Backed by 500 Startups and other investors including Kevin Johnson, former mayor of Sacramento and NBA all-star, and Stanton Lee, California Deputy Attorney General, Text To Ticket passed SeedInvest’s rigorous due diligence process, joining the elite 1% of all applicants who make it on to this equity crowdfunding platform.
Since completing 500 Startups’ accelerator program earlier this year, Text To Ticket has signed its first city government contract and signed a teaming agreement with a leading red-light camera company. Additionally, they have two utility patents pending for receiving user-submitted video of distracted drivers and parking violations.
“As the former President of the US Conference of Mayors, I've traveled across the country visiting cities looking to innovate and become the next 3.0 city. Text To Ticket, not only innovates and streamlines processes for the government, but enables the community to play an active and engaged role in improving their city,” said Johnson. “Text To Ticket has a unique platform that every city looking to transform itself into a hub of innovation and technology, a 3.0 city, should adopt.”
Text To Ticket is exhibiting at TechCrunch’s Disrupt SF conference in San Francisco today through September 20, and is a featured SeedInvest portfolio company. Visit them in Startup Alley and listen to their presentation on the Startup Stage.
Additional information on participating in the Text To Ticket investment opportunity can be found at www.seedinvest.com/text.to.ticket/seed.
Text To Ticket, Inc is offering securities under Regulation CF and Rule 506(c) of Regulation D through SI Securities, LLC ("SI Securities"). The Company has filed a Form C with the Securities and Exchange Commission in connection with its offering, a copy of which may be obtained at: https://www.seedinvest.com/text.to.ticket/seed.
About Text To Ticket
Launched January 2017 in Sacramento, California, Text To Ticket developed a patent-pending technology for their iOS and Android app which allows citizens to submit videos to law enforcement of people using a mobile device while driving. Cofounders Jesse Day, Steve Nguyen, and Gagan Johal have backgrounds in public health, law enforcement and entrepreneurship and are graduates of 500 Startup’s accelerator program. Click here for a short video that explains how the app works.