Prepared for John Reighard & Angel Investors Network  |  April 2026

NoDwell

For John Reighard

24-Month Quarterly Use of Funds

You asked for this. Here it is - quarter-by-quarter capital deployment, category allocation, headcount ramp, and projected returns. One click, straight to Excel.

You also liked the purple shoes. So we figured - if we're going to show up, we might as well show up.

But the shoes told you we were a little bit extra.

We wanted to show transparency and added value instantly due to the nature of this opportunity.

Technology

AI-native, cloud-first. 60%+ less dev CapEx than traditional SaaS.

Revenue

$500K per site. $125K EBITDA. 200 sites by Year 3.

Team

Phased leadership build. Hiring from the companies we're replacing.

Real Estate

Fleet staging with a revenue hedge. Turns off as we grow.

Our Story

22 years of freight. 3 companies. $30M+ lifetime revenue.

The Problem Hiding in Plain Sight

Detention gets all the attention. But it captures only 5-10% of the real waste. The rest is systemic, unpriced, and normalized as "the way it's always been."

Slack Time

All on-duty, non-productive time during which a truck and driver are dispatched, legally available but unable to move freight due to coordination, scheduling, or facility-driven constraints.
6.5 hrs
Average daily idle time per driver out of a 14-hour duty window
+6.2%
Crash risk increase per every 15 min of added facility time (USDOT)
135M
Hours lost per year across the industry
5-10%
Of slack time is detention that gets all the attention - what about the rest?

Real Drivers, Real Frustration

"Day three waiting for a dock, AMA" - r/Truckers, July 2024
"Arrived 8 AM, didn't leave until 10 PM - for five steel plates, and the shipper for my load home is now closed" - r/Truckers, April 2023

Democratized Drop-and-Hook

On-demand, fractional access to local truck power - coordinated through a marketplace platform. No additional asset ownership. No additional compliance.

FTP

Fractional Truck Power

Dock switches - our core service, live today. Entering beta for local P&D, trailer repositioning, and relay services. Service radius ~75 miles within major metros.

DOT

FMCSA Compliant

Primary path: operates under the FMCSA HOS "Yard Move" exemption for on-site and short-radius operations. No additional compliance burden for participating facilities or carriers.

TF

Trailer Fluidity

Pop-Up trailer pools via partnerships with rental, leasing, and manufacturing companies. Carriers without excess equipment can participate immediately.

Regulatory Strategy

Two Paths to Compliance

Primary: Yard Move Exemption

Our core service (dock switches, trailer staging, short-radius repositioning) operates under the FMCSA HOS "Yard Move" classification. No brokerage authority required. No additional compliance for facilities or carriers. This is the path we're on today.

Backup: Freight Brokerage Authority

If regulatory interpretation shifts, we obtain MC brokerage authority. This unlocks the full local P&D and relay service model under established FMCSA frameworks. The key risk to manage here is the perception of double brokering. Our safeguard: NoDwell is always the first and only intermediary between shipper and carrier. Full chain-of-custody transparency, automated BOL documentation, and real-time load tracking ensure every move is auditable end-to-end. No reposting. No hidden handoffs. Clean freight.


Everyone Optimizes Around the Problem. We Remove It.

Digital Freight (Uber Freight, etc.)

Improve procurement, visibility, tendering. They match linehaul capacity - but don't supply the missing resource: local power to convert live loads into D&H.

YMS & Appointment Tools

Manage congestion and coordination. Decades of optimization with incremental gains because the structural coupling remains.

Asset-Heavy Yard Providers

Effective but require long-term exclusive contracts, dedicated equipment, real estate, and high stable volume. Inaccessible to most.

NoDwell's Differentiation

Mechanism: Democratized D&H via shared local power
Unit of value: Minutes of motion & time certainty
Deployment: Anchor facilities → network expansion

All of the above are potential acquisition partners.

Notably Uber Freight and Lazer Spot (700+ locations) - both operating in adjacent spaces and actively expanding into NoDwell's territory.

How $24 Million Builds the Platform

Drag any slider. Every number updates live.

$24M
$1.0M/mo × 24
$24M$50M$75M$100M$150M
Draw Your Hockey Stick
Click each box to set a target — we'll show you what it takes
Year 1 Revenue
$2.8M
$697K EBITDA
click to set target ↕
Year 2 Revenue
$38.3M
$13.0M EBITDA
click to set target ↕
Y3 Cumulative EBITDA
$0
0x return
click to set target ↕
8× Exit Valuation
$0
Y3 EBITDA: $0
click to set target ↕
Adjust Assumptions
Drag any slider — every number updates live
Y1 Trucks: 4 3 yard / 1 city
EBITDA Margin
25% EBITDA
Yard Revenue
$500K Pilot: $650K+
City Revenue
$325K
Y2 Fleet
75 56y/19c
Y3 Fleet
200 125y/75c
Autonomy
0%
EV Fleet %
50%
Maximum fleet funded by current investment - Slide past it and the investment adjusts automatically
Y1 Team: 14 FTE (6 senior + 8 AI-native) Burn Rate: $1.0M/mo Y3 Margin: 25% Y5 ARR: $219.7M
Included: Existing revenue ($650K pilot + $1.6M SugarCreek) • Yard & city trucking revenue per slider • EBITDA margin per slider • Y1 build year at 20% realization • Y2+ new trucks at 90% ramp • EV fleet savings ($30K/truck/yr) • Autonomy savings (Y3+) • Exit at 6-10× EBITDA
Excluded (conservative upside): Marketplace brokerage • Warehousing revenue • Truck parking revenue • Driver staffing • Fleet services • YMS/TMS/AI software licensing
Reverse Engineer

Start With the Exit

Tell us where you want to end up. We'll move the sliders to show what it takes.

Target Y3 EBITDA
$ M
annual run-rate
Exit Multiple
× EBITDA
industry range: 6-10×
Implied Exit
$200M
EBITDA × multiple
Additional Investment Required
to fund the fleet

Where Every Dollar Goes

Dev-heavy early. Sales-heavy later. Development spend shifts ~3%/quarter toward Sales & Marketing as the platform matures.

Q1Q2Q3Q4Q5Q6Q7Q8
Startup Expenses10%10%5%5%3%2%1%1%
Recruiting15%15%10%10%7%5%4%3%
Development20%25%35%40%37%34%31%28%
Sales & Marketing5%10%10%15%18%21%24%27%
Client Onboarding15%25%30%20%25%28%30%31%
Leadership15%Absorbed into Dev + Admin after Q1
Consulting & Variance20%15%10%10%10%10%10%10%

Development Headcount

6
Q1
10
Q2
14
Q3
14
Q4
10
Q5
8
Q6
6
Q7
6
Q8

6 founding engineers Q1. Full 14-person team by Q3. AI efficiency reduces headcount starting Q5.

Sales & BD Headcount

3
Q1
10
Q2
10
Q3
20
Q4
25
Q5
28
Q6
30
Q7
30
Q8

3 leaders Q1 building playbook. Doubles Q2. 30 by Q7.


Not included above - conservative upside

Value-Added Revenue Streams

The calculator above only models core yard and city trucking revenue. These six additional revenue streams are real, operational, and growing - but excluded from the numbers to keep the model conservative.

Marketplace

Load brokerage on NoDwell network. 60% margin. Scales with fleet size.

Warehousing

Restacks, cross-docks, transloads. 70% margin. Already operating today.

Truck Parking

Outside revenue on fleet staging lots. 80%+ margin. Turns off as fleet fills.

Driver Staffing

CDL training pipeline & temp-to-hire staffing. Solves client churn risk. High-margin placement fees.

Fleet Services

Fuel cards, maintenance scheduling, tire programs. Captive fleet = captive spend. 15-20% margin on pass-through.

YMS / TMS / AI Agents

Custom yard management, dispatch automation, and agentic AI software licensed to clients. 90%+ margin SaaS.


Revenue Per Rep - KPI Framework

Each rep measured on a 3-12 truck annual quota. Every truck placed = one anchor site generating $500K/year.

Floor (Fired)
5
trucks/year

$2.5M revenue generated
PIP & termination
Target
8
trucks/year

$4.0M revenue generated
OTE comp ~$170K
Ceiling ($100K Bonus)
12
trucks/year

$6.0M revenue generated
Total comp: $220K+

Revenue-to-Comp Ratio: 23:1 at target

Each rep places 8 trucks per year at quota. Each truck placement creates one anchor site generating $500K/year in platform revenue. That is $4.0M in new ARR per rep against ~$170K OTE compensation = 23:1 return. The $100K bonus at 12 placements is self-funding - it costs us $100K to generate an additional $2M in ARR. That is a trade we make every single time.



Compounding Growth at Scale

PE hold cycles typically run 3-7 years. Here's what the model projects at the current investment level.

5-Year Projection (Primary Hold Cycle)
$33.0M
Net Profit$11.6M
Anchor Sites330
Active Metros27
EBITDA Margin35%
Estimated Valuation (6-10x ARR)
$198.0M - $330.0M

Projections based on $500K gross / ~$125K net profit per site (25% margin), sublinear scaling, and 6-10x ARR valuation multiples consistent with logistics SaaS+ platforms.


Revenue Curve: Now Through Year 7

Now
$650K
Year 1
$2.8M
Year 2
$34.2M
Year 3
$90.5M
Year 5
$164.6M
Year 7
$287.8M

M&A: The Fastest Path to Market Density

The $24M builds the engine. Strategic acquisitions are the turbo.

Buying an existing yard management operator in a target metro delivers Day 1 revenue, established contracts, and instant market entry with zero ramp time. A $500K-$2M tuck-in acquisition eliminates a competitor and adds network density simultaneously.

We view M&A as a partnership conversation, not a fixed line item. Whether funded through an expanded deployment, a separate acquisition facility, or deal-by-deal co-investment, strategic acquisitions can compress the growth timeline by 12-18 months per market.

M&A Funded Separately - Discussed as Partnership Opportunity

What the Platform Does

NoDwell doesn't replace existing systems. It connects them. Every carrier, shipper, and facility already runs their own stack. We plug directly into what's there and coordinate the one thing none of them can do alone: local truck power on demand.

How NoDwell Connects to the Existing Ecosystem

Carrier Systems
TMS / Dispatch
McLeod, TMW, Ditat, MercuryGate
Compliance
ELD / HOS
Samsara, KeepTruckin, Omnitracs
Shipper Systems
WMS / YMS
SAP, Oracle, Manhattan, Blue Yonder
GPS / Telematics
Real-Time Position
Samsara, Geotab, Platform Science
▼ ▼ ▼ ▼
NoDwell Platform
Integration & Coordination Engine
API
API Gateway
REST + Webhooks to existing TMS/ELD
AI
Dispatch AI
Match trucks to tasks in real time
GPS
GPS Engine
Geofence, proximity, ETAs
DATA
Analytics
Dwell, utilization, demand patterns
$
Billing
Automated invoicing per move
▼ ▼ ▼
TRUCKS
NoDwell Trucks
Owned or contracted local power, dispatched by the platform
SITES
Facility Sites
Anchor + secondary clients sharing local truck availability
MARKETPLACE
Carrier Network
Third-party carriers backfill excess demand through the platform
▼ ▼ ▼
How Stakeholders Connect
Through Their Existing Software - No Extra Clicks
DRIVER
Driver App
Task queue, GPS check-in, digital BOL, real-time dispatch
FACILITY / SHIPPER
System Interop
Plugs into their existing WMS/YMS however they connect - webhooks, REST, EDI, or agent protocols. Nothing new to learn.
CARRIER
TMS Integration
Book D&H, trailer status, appointment sync - all inside their existing TMS

Zero rip-and-replace. We connect to what's already running.

Carriers keep their TMS. Facilities keep their WMS. Drivers keep their ELD. NoDwell reads appointment data, truck positions, and facility schedules through standard API connections and webhook listeners. We don't ask anyone to change their workflow - we operate through the software they already use. The only new interface is the NoDwell driver app for our own fleet.

Don't have a TMS or YMS? Most don't. We provide both as part of the platform.

The large carriers and shippers have McLeod, SAP, Manhattan Associates. But the vast majority of mid-market facilities, regional carriers, and independent warehouses manage their yards with spreadsheets, whiteboards, and phone calls. They don't have a system for us to connect to - so we give them one.

NoDwell's platform includes a lightweight TMS module for carriers who need dispatch and load tracking, and a YMS module for facilities that need yard visibility and trailer management. These aren't afterthoughts - they're core to the platform. When a client uses our TMS or YMS, we capture 100% of the operational data from Day 1, our integration is seamless (because it's the same system), and switching costs go up dramatically.

TMS
Dispatch, load tracking, driver assignment, check calls
YMS
Yard map, trailer inventory, dock scheduling, gate management
Lock-In
Clients using our TMS/YMS have the highest retention and lowest churn

What We Build - Module by Module

Five core modules. Each one solves a specific coordination problem that doesn't have a solution today.

Build order: Engine first. UI second.

The first thing we build is the operational layer: system interop, dispatch logic, GPS coordination, billing automation, and data pipelines. Enterprise-grade connections to TMS, ELD, WMS, and telematics systems - however they connect. Minimal UI. The engine has to work before anything else matters. Once the operational backbone is proven and processing real moves, we layer on the driver app, facility connections, and client-facing interfaces. This is how you build infrastructure that scales - plumbing first, paint second.


Every Site We Deploy Makes the Platform Smarter

Operational Intelligence

  • Arrival patterns: When trucks actually show up vs. appointment time
  • Dwell duration: How long each facility type takes, by commodity
  • Demand curves: Peak hours, seasonal shifts, surge windows
  • Driver performance: Move times, utilization rates, reliability scores

Why This Data Compounds

  • Pricing optimization: Real cost-per-move data replaces guessing
  • Demand prediction: Pre-position trucks before requests come in
  • Network effects: More sites = better routing = faster response
  • Competitive moat: This data doesn't exist anywhere else in the industry

No one in trucking has this dataset. Load boards know freight prices. ELD companies know HOS compliance. TMS platforms know dispatch. But nobody is collecting operational dwell data, local truck utilization patterns, and facility-level demand curves at the site level. NoDwell will own that dataset from Day 1.


SaaS+
Software + physical truck network = a moat that can't be copied with code alone
~$30K/mo
Cloud infrastructure at launch. ~$45K/mo at full 5-metro scale
0
Systems our clients have to replace. We connect to what's already running.

Fewer Engineers. Higher Caliber. 10x Output.

"Before any team requests new headcount, they must demonstrate why AI cannot do the job."

- Tobi Lutke, CEO of Shopify (April 2025 internal memo, later published publicly)

This isn't a fringe idea. It's the operating standard at a $100B+ public company. Shopify didn't freeze hiring - they raised the bar. Every role must prove it can't be replaced by AI tooling first. The result: smaller teams producing at the same or higher velocity, with dramatically lower burn.

We are building NoDwell with this exact philosophy. Pay fewer people more money. Equip them with the best AI tooling available. Expect 10x output per head.

Traditional SaaS
Build it the old way
NoDwell
AI-augmented, senior-heavy
Engineering headcount (Year 1) 60-80 14
Average comp per engineer $150K $357K avg
Total engineering payroll (Year 1) $9M-$12M $5.0M
AI tooling cost per engineer/year $2K-$5K $10K-$20K
Total AI tooling budget $200K $200K
Mgmt overhead (managers, PMs, QA) 15-25 additional hires 3-5 (VP Eng + leads)
Office, HR, recruiting, benefits burden $2M-$3M $600K
All-in Year 1 engineering cost $12M-$16M ~$6M
Effective output per dollar 1x (baseline) 2-3x

Traditional estimates based on industry average for Series A/B logistics SaaS companies building marketplace + mobile + dispatch platforms. NoDwell estimates based on actual AI-augmented development costs observed in current operations. Tooling includes Antigravity, Claude Pro/Team, GPT, Gemini via Google Workspace, plus GPU compute for internal agents.

Why a hybrid team at $357K average works when $150K doesn't:

We hire two tiers: 6 senior architects at $500K who bring their own AI agents and agentic workflows, and 8 AI-native builders at $250K who've never shipped code without AI assistance. We only hire people who bring agents with them - AI fluency is the new baseline, not a bonus. The $500K engineers don't type faster - they think better, catch problems earlier, and manage agentic workflows that produce the output of 3-5 traditional developers. The $250K engineers are the next generation: fast, AI-native, and productive from day one with the right tooling and architecture leadership above them.

The other reason $150K doesn't work: hyperscaling. We're going from 4 trucks in 3 metros to 200 trucks across 20 metros in 36 months. That's not incremental feature development - it's building systems that handle 50x load growth, multi-region data pipelines, real-time GPS coordination across hundreds of concurrent operations, and interop with dozens of different TMS/ELD/WMS platforms simultaneously. $150K engineers build features. $500K engineers build systems that don't break when you 50x the traffic overnight.


Where AI Shows Up - Specifically

In the Build Process

  • Code generation: Antigravity, Claude, GPT, and Gemini for 80%+ of initial code output. Engineers review, refine, and architect.
  • Testing: AI-generated test suites, edge case discovery, regression detection
  • Documentation: Auto-generated API docs, architecture diagrams, onboarding guides
  • DevOps agents: Automated deployment, monitoring, incident response

This portal, the pitch deck, and the financial engine you're using right now were all built with AI-augmented development. We're not theorizing. We're doing it.

In the Product Itself

  • Dispatch AI: Automated truck-to-task matching using GPS proximity, driver availability, and facility priority
  • Demand prediction: Forecast site needs 24-48 hours ahead using arrival patterns
  • Support automation: AI agents handle check calls, status updates, and driver coordination
  • Pricing engine: Dynamic rate optimization based on utilization, urgency, and time-of-day

We already operate an AI agent that automates check calls across our existing trucking fleet. It runs 24/7 on our DGX Spark server. This isn't a roadmap item - it's in production.


Build Big, Then Let AI Optimize

Year 1: full team ships the platform. Years 2-3: AI tools absorb routine work, team shrinks while velocity holds.

20
Year 1
$5.0M
15
Year 2
$3.75M
10
Year 3
$2.5M

Real Numbers, Real Architecture

All pricing based on current AWS on-demand rates in us-east-1. Savings Plans and Reserved Instances will reduce costs 30-50% at commitment.

Service Instance / Tier Unit Cost Monthly Est.
Compute (EC2) c6i.xlarge (4 vCPU, 8 GB) x 6 instances $0.17/hr $7,400
Database (RDS) db.r6g.xlarge PostgreSQL, Multi-AZ $0.48/hr $3,500
AI/ML Training p3.2xlarge (V100 GPU) on-demand bursts $3.06/hr $5,500
AI/ML Inference g4dn.xlarge (T4 GPU) x 2 instances $0.526/hr $3,800
Storage (S3) Standard tier, ~10 TB growing $0.023/GB $1,200
CDN (CloudFront) Global edge distribution $0.085/GB $1,800
Monitoring & Security CloudWatch, GuardDuty, WAF, Secrets Manager Bundled $2,200
DevOps / CI-CD ECR, ECS Fargate, CodePipeline Bundled $1,800
Third-Party APIs Mapping, geocoding, ELD integrations Variable $3,000
Total Monthly Cloud ~$30,200

Annual estimate: ~$362K at initial scale. Remaining $188K of the $550K cloud budget covers infrastructure setup, migration tooling, load testing, and scaling headroom as metros come online. At full 5-metro scale, monthly costs approach ~$45K/mo.

Revenue at Year 3 Exit

$24M deployment. 4 trucks and 20% revenue realization in the build year. Marketplace, warehousing, and parking revenue excluded entirely. These numbers reflect what we can do on an allocated budget with heavy ramp assumptions. 200 sites and ~$57M ARR by Year 3 exit. $500K estimated revenue per anchor site at 25% EBITDA margin.

MetricCurrentYear 1Year 2Year 3
New Sites Added - +1+71+125
Total Active Sites 1 475200
Active Metros 1 31120
Exit ARR $1.5M $2.7M $22.9M $56.9M
Collected Revenue $1.5M $2.8M$34.2M $90.5M
Engineering Team 1 14106
EBITDA Margin ~25%34%32% 33%

Revenue per site: $500K estimated annual revenue at 25% EBITDA margin ($125K net per site). Year 1 is the build year - platform development, team hiring, 4 initial truck deployments. Growth accelerates in Years 2-3 as processes and playbooks are proven. Collected revenue includes existing operations ($2.4M baseline) plus new deployments. ARR reflects contracted recurring revenue (80% of yard, 25% of city).

What holding looks like

Year 5 Revenue Projection

The 3-year exit is the base case. But if the numbers are working and you want to hold, here's what the revenue trajectory looks like growing on its own from Year 3 momentum - no additional outside capital required.

Year 3 (Exit)
~$57M
ARR
Year 4 (Hold)
~$85M
ARR
Year 5 (Hold)
~$120M
ARR
Year 5 EBITDA
~$30M+
at 25% margin

Assumes continued organic growth from existing site base, no additional capital raise. Revenue growth funded by operating cash flow. These are not modeled in the $24M plan - they're what happens if the platform keeps running.


Working Capital for New Site Ramp

New sites take 30-60 days before payments flow. We estimate $50K per new site for startup capital - equipment, initial operating costs, and receivable bridge until revenue collects.

$50K
Startup capital per new site
$9.9M
Total bridge capital across 3 years (197 new sites)
$3.6M
Year 2 bridge (71 new sites)
$6.3M
Year 3 bridge (125 new sites)
This is working capital, not lost revenue.

The receivable portion of bridge funds recycles within 60-90 days as invoicing normalizes and collections begin flowing. Full startup cost recovery occurs within 5-6 months per site as profit accumulates (~$10K/month net at 25% margin). By Year 3, earlier sites generate enough cash flow to partially self-fund new site onboarding. Total bridge across 3 years: ~$9.9M, with Year 1 minimal (build year) and later years increasingly self-funded by operating cashflow.


Exit Annual Recurring Revenue by Year

Now
$1.5M
Year 1
$2.7M
Year 2
$22.9M
Year 3
$56.9M

Q4 Y1
Platform v1 live - 4 trucks, 3 metros, $2.7M ARR exit rate
Q4 Y2
75 trucks, 11 metros, $22.9M ARR - Series A ready
H2 Y2
Revenue exceeds ongoing burn - path to EBITDA positive
Y3
$56.9M ARR, 200 trucks, 20 metros, $30.2M EBITDA

Five Revenue Engines - Not Just One

The platform is the core, but NoDwell generates revenue from every asset it touches. Each stream compounds and extends the runway independently.

Revenue StreamGross / UnitProfit / UnitY1 GrossY2 GrossY3 Gross
NoDwell Platform $500K/site $125K (25%) $2.7M $22.9M $56.9M
Local Truck Fleet $318-350K/truck $75K net $960K $8.3M $42.0M
Real Estate (Parking) $150-228K/lot ~80% margin - $570K $1.1M
Warehousing $750K+/facility ~70% margin $0.2M $2.6M $7.2M
Marketplace / Backfill 20% take rate 60% margin $0.1M $6.2M $16.3M
Total Gross Revenue $4.0M $40.6M $123.5M
Total Net Profit $1.2M $17.4M $44.9M
80% of Sites
$125K
Standard anchor profit
10% of Sites
$250K
High utilization
10% of Sites
$300K
Bespoke / value-added

Local truck: $350/job × 3.5 jobs/day (70% capacity) × 260 days = $318K/truck. Ramp: 4 trucks Y1 (build year), 75 trucks Y2 (5 markets), 200 trucks Y3 (20 markets). Profit: $75K/truck net of all operating costs. Warehousing: triage ops (restacks, cross-docks, transloads) at 65-75% margin. Marketplace: 20% take rate on truck revenue placed through the platform.

Truck fleet capital: Vehicles are lease-financed (~$2K/mo per truck), not purchased from deployment funds. At $75K annual profit per truck, each unit is cash-positive from month one of operation. Owner-operator partnerships also available to reduce capital requirements further.


Revenue vs. Burn - Path to Self-Sustaining

$24M over 24 months. Spend is front-loaded: ~$1.2M/mo in Year 1 (build phase), tapering to ~$840K/mo in Year 2 as revenue offsets. Diversified revenue streams start covering costs faster than platform revenue alone.

$1.0M
Avg monthly burn (24-mo)
Q6
Monthly revenue exceeds avg burn
+5.5 mo
Y1 revenue extends 24-month runway
+27.8 mo
Y2 revenue more than doubles runway
Q1Q2Q3Q4 Q5Q6Q7Q8
Capital Burn $2.8M$3.6M$3.7M$3.9M $2.7M$2.6M$2.5M$2.2M
Collected Revenue $350K $800K$1.5M$2.4M $4.2M $6.0M $8.2M $9.4M
Net Burn -$2.45M -$2.8M -$2.2M -$1.5M +$1.5M +$3.4M +$5.7M +$7.2M
Cumulative Cash Position -$8.95M of $24M used (Y1 burn net of revenue) Cash flow positive from Q5
Revenue extends the runway before it replaces it.

Y1 collected revenue ($2.8M from platform + existing operations) offsets early burn while the platform matures. By Q5, diversified monthly revenue exceeds the average monthly burn. By Q8, the business is generating positive cash flow at scale. The $24M fund is not consumed. It is a launchpad that becomes self-sustaining before it runs out.


Autonomous Truck Relay Yards

When the first interstate corridor opens for autonomous trucks into Kansas City, NoDwell is positioned to build the relay infrastructure that connects autonomous long-haul to human-driven last-mile.

The Play

Autonomous trucks will not enter city limits for years. They will stop at designated relay points on the interstate perimeter. At those points, someone has to take the trailer and complete the delivery. That is exactly what NoDwell does today - with human drivers, at scale, using drop-and-hook logistics.

We build relay yards on the first approved autonomous corridor into KC (likely I-35 or I-70). Every autonomous truck that arrives needs a NoDwell driver on the other side.

Why NoDwell Wins This

  • ✓ Already operating the last-mile truck relay model
  • ✓ Facility relationships and yard access in place
  • ✓ Driver network trained for drop-and-hook handoffs
  • ✓ Real estate playbook ready (Scenarios A, B, and C)
  • ✓ Platform handles scheduling, matching, and billing
  • ✓ First mover on the relay yard infrastructure

NoDwell is not competing with autonomous trucks.

We are building the infrastructure they need to work. Every autonomous truck on every interstate needs a human relay on the other end. The more autonomous trucks there are, the more NoDwell matters.

Exit Landscape:

Uber Freight, Lazer Logistics (700+ locations), Ryder (acquired Baton in 2024), and emerging autonomous yard companies (Outrider, ISEE AI) are all potential acquirers. NoDwell's SaaS+ model - software plus physical truck network plus facility relationships - creates an asset that is difficult to replicate and highly valuable to any of these players. With ~$57M ARR and ~$90M collected revenue by Y3, plus autonomous relay positioning, NoDwell commands a premium multiple.

Built to Recruit

The talent market has shifted in our favor. We have the runway, the concept, and the connections to build a world-class team fast.

Blake Lappan

Founder & CEO

  • 22 years in freight logistics - driver, dispatcher, fleet manager, owner-operator, technology builder
  • Founded Spot-On TMS - a trucking management platform serving small carriers
  • Personally experienced the slack time problem from every seat in the operation
  • Built NoDwell's MVP and investor platform using AI-augmented development - proving the efficiency thesis in practice
  • Designed and deployed multiple production agentic AI systems - autonomous dispatch agents, check-call automation, and GPS-verified operational workflows running in production today

Why We Win the Talent War

Market Timing + Industry Access

  • Favorable job market: The supply chain tech sector has seen significant layoffs in 2024-2026. Exceptional talent is available and looking for the right opportunity
  • More coming: Industry consolidation continues to release experienced operators and engineers. Our pipeline deepens every month
  • Real mission: We're solving a problem that anyone who's touched a loading dock understands. That resonates with supply chain professionals in ways another SaaS startup can't
  • $24M runway: Competitive comp, equity upside, and 24 months of funded runway signals stability that early-stage rarely offers

Amol Mehta

Co-Founder & CTO

  • Founding technical partner - architected NoDwell's initial platform and infrastructure
  • Software engineering leadership across full-stack development and systems design

Three Pipelines, Dozens of Candidates Per Role

We don't need to compete with FAANG for generic engineers. We need supply chain operators who understand freight, logistics engineers who've built TMS systems, and sales leaders who've sold into warehouses. Those people are in our network.

Channel 1

Niche Recruiters

Two specialized firms: one focused on supply chain operations (fleet managers, yard ops, facility coordinators) and one focused on logistics technology (engineers from Uber Freight, Convoy, Baton, Flexport, Lazer Logistics, YMX, National Shunt, etc.). We're only hiring developers who've already built in this space - not training generic engineers on freight.

Channel 2

Industry Network

22 years of relationships across carriers, 3PLs, brokerages, and technology vendors. Dozens of warm connections per position. When we post a role, the phone rings before the listing goes live.

Channel 3

Market Opportunity

Talented people want to build something that matters with a team that has real industry experience. We offer equity, funded runway, and a founder who has operated every role in the business.


Phased Executive Hiring

Scaling from 4 trucks to 200 across 20 metros in 36 months requires a different operating structure than what got us here. The founder transitions to Founder & Chairman from day one - focused on vision, strategic partnerships, and industry relationships that only 22 years of freight experience can unlock. At this pace of growth, that perspective needs to stay ahead of the business, not inside it. Professional operators run day-to-day execution. Hires are phased to match the build cadence.

Q1 - From Close
CEO
Experienced operator to lead hyperscaling. Logistics or marketplace background preferred.
VP Eng
Platform architecture & engineering team build-out
VP Sales
National sales org build-out & revenue generation
Q2 - Scale Prep
CTO
AI/ML strategy & cloud architecture
CFO
Financial ops, investor reporting, compliance
CCO
Chief Commercial Officer - carrier & shipper partnerships

Founder & Chairman - Blake Lappan

22 years of freight operations. Three companies built. The founder's role is strategic: industry relationships, board governance, vision alignment, and ensuring the company stays true to the operational thesis that created it. This is not a step back - it's the architecture of a company that outlasts any single operator. Professional leadership runs the day-to-day. The founder protects the mission.

Executive & Founder Compensation

CEO, CFO, CTO, CCO, and VP-level comp is funded from the Leadership line within the Consulting & Variance allocation (20% Q1 → 10% ongoing). Founder receives a consulting fee from the same allocation, covering strategic advisory, industry access, and board duties. Total executive comp is budgeted at ~$2.5M/year across all leadership positions, separate from the $5M engineering budget.

Fleet Staging, Warehousing & Revenue Hedge

Every site combines ample truck parking with a smaller warehouse building for cross-dock, restack, and transload operations. We target properties with both yard space and warehouse infrastructure - via acquisition, lease, or ground-up build. Outside truck parking at $13/truck/day fills empty spots today and gets turned off as our own fleet absorbs the capacity.

How this works in practice

Day one: 80-space lot, 4 NoDwell trucks staged, 28 outside trucks paying $13/night = $133K/yr hedge revenue. Year two: 20 NoDwell trucks staged, 12 outside trucks = $57K/yr hedge. Year three: 40+ NoDwell trucks, outside parking turned off or reduced to weekend-only. The lot pays for itself either way - through client service fees or outside revenue or both.

Scenario A: Standard Site

80 spaces • 3,000 SF warehouse • 3 acres • M1 Industrial Zoned

$152K/yr
Outside parking hedge (pre-fleet fill)

BUILD COSTS

Land (2.5 ac @ $75-120K/ac)$188K-$300K
Grading & drainage$60K-$80K
Gravel surface (~85K SF)$106K-$153K
Commercial fencing (~1,320 LF)$24K-$29K
Electronic gate + app access$18K-$25K
LED area lighting (12 poles)$48K-$58K
Security cameras + NVR$14K-$18K
Permits, engineering, survey$10K-$14K
Warehouse building (3,000 SF metal)$120K-$180K
Total Build$590K-$860K

REVENUE MODEL

Total spaces80
Avg daily occupancy40% (32 trucks)
Rate per truck/day$13
Daily revenue$416
Annual revenue$151,840
Payback period3.0-4.5 years

Primary use: NoDwell fleet staging and drop-and-hook ops. Outside revenue via TruckPark apps is the hedge - scales down as our trucks fill the lot.

Scenario B: Large Site

120 spaces • 5,000 SF warehouse • ~5 acres • M1 Industrial Zoned

$228K/yr
Outside parking hedge (pre-fleet fill)

BUILD COSTS

Land (4 ac @ $75-120K/ac)$300K-$480K
Grading & drainage$75K-$105K
Gravel surface (~140K SF)$175K-$252K
Commercial fencing (~1,660 LF)$30K-$37K
Electronic gate + app access$22K-$30K
LED area lighting (16 poles)$72K-$86K
Security cameras + NVR$18K-$24K
Permits, engineering, survey$12K-$16K
Warehouse building (5,000 SF metal)$180K-$275K
Total Build$884K-$1.31M

REVENUE MODEL

Total spaces120
Avg daily occupancy40% (48 trucks)
Rate per truck/day$13
Daily revenue$624
Annual revenue$227,760
Payback period3.1-4.5 years

Larger capacity supports fleet growth longer before outside parking gets turned off. Dedicated NoDwell staging zone from day one.

Scenario C: Bridge Partnership

Client’s existing open space • Minimal buildout • Revenue share

$76K/yr
Projected parking revenue (40 spaces)

BUILD COSTS

Fencing section / partition$10K-$16K
App-integrated gate access$14K-$20K
LED lighting upgrade (5 poles)$22K-$30K
Camera system$8K-$12K
Surface improvement (if needed)$20K-$40K
Permits & setup$5K-$8K
Total Build$79K-$126K

VALUE PROPOSITION

NoDwell clients with underutilized yard or lot space get immediate revenue from their idle real estate. We handle the buildout, the app integration, and the truck flow. They collect monthly checks from space that was generating $0.

Gross revenue (40 spaces)$76K/yr
Client share (40%)$30K/yr
NoDwell share (60%)$46K/yr

Client gets revenue from previously unused space. NoDwell gets capacity without buying land. Win-win market entry.

Separate Fund - Not Part of $24M Deployment

Land values based on 2025-2026 KC metro M1 industrial lot comparables. Self-funded by silo operating cash flow, quarterly over 12-18 months.

How We Got Here

Started from nothing. Built it to $4.2M - 3,130% growth in 3 years. Lost it. Started over from zero. Built it again to $5.5M in 5 years. Now building the third.

2004
Started as a driver. Learned the dock, the dispatcher, the shipper, and the carrier - not from a pitch deck, but from living it. Every seat in the operation.
2011
Implemented yard services at a local cave system converted into a warehouse. Increased throughput 4× due to the complexity of navigating to and backing into docks inside a cave. Proved that specialized yard management transforms even the most difficult facilities.
2014
Built first company from scratch. $130K to $4.2M in three years. Four-digit percentage growth. A quarter million dollars a year on one site alone. Could have sold that site for $250K at the time - didn’t know that was an option.
2017
Closed the first company. Overextended without the right capital structure. Grew too fast on bootstrapped money. Learned the hardest lesson in business: revenue is not the same as solvency.
2018
Filed bankruptcy. Discharged. Did it the right way - gracefully, not suddenly. Every single person in my life knew. Vendors, clients, employees. “When things are bad, be real about it always.” That’s the standard. Started completely over from zero.
2019
Hostile takeover attempt on the next venture. Two enterprise clients - multi-billion in revenue - told the new owners: “We don’t know or trust you. We know and trust Blake. If there’s no Blake, this is your last day here.”
2020
Built a second company - Spot-On Logistics. Started from zero, post-bankruptcy. Same model, 20% bigger. Grew 33% and then 35% year-over-year. A 12-year enterprise client followed from the first company. Revenue at $5.5M annualized.
2023
Started to conceptualize NoDwell. Saw the same broken pattern everywhere: facilities wasting millions on detention, carriers losing money on empty miles, nobody coordinating local truck power. Started designing the solution.
2024
Incorporated NoDwell. Started learning while building a network. Built relationships with facilities, carriers, and technology partners. Created first stage of a shared yard services pilot to prove the model in the field.
2025
Full year of revenue with the pilot. $650K+ in annual revenue from yard services alone. Proved the unit economics, validated the pricing model, and built the operational playbook that scales.
2026
MVP completed. $2.4M baseline revenue. Raising $24M. Platform architecture defined, AI dispatch agent running in production on existing fleet, SugarCreek contract secured, warehousing operational. Ready to scale.

What I Didn’t Know

“I didn’t know people like you existed. I didn’t know what it took to have access. I just waited to get bankable again.”

The first company could have been 5x its size with the right capital partner. Instead of raising, I bootstrapped - because I didn’t know raising was something I had access to. That was a limited belief I gave myself without knowing it.

I Won’t Make That Mistake Twice

Now I understand what a dollar can become when deployed strategically. The first bankable loan felt like the key to the world. Now I know: the right capital partner doesn’t just fund - they turn one dollar into four. And they do it alongside you, not instead of you.

That’s what this $24M partnership represents.


What Drives Me

When asked “What drives you?” - the answer surprised everyone in the room, including me:

Human life.

Drivers who don’t get home. Facility workers who absorb chaos every single day. Carriers who accept “awesome” as the standard even when the reality is exhausting. The business is a byproduct of solving a human problem. The mission came first.

Day to Day

  • Solving human-level problems at their source
  • Giving. All kinds.
  • Making an impact - not in my name, but in the name of the impact
  • Growing others through culture and leadership

For Others

Supporting causes that help young underprivileged children know they have the same opportunities as everyone else

Business investing - angel and beyond. Enabling innovators the way I wish someone had enabled me earlier.

For Me

Generational wealth creation

Maximize on-earth experiences

Owning and driving fast cars on race tracks


The 24 Hours That Changed Everything

Someone told me to start putting myself in rooms where people are doing more. That advice led to this introduction.

But this was different. I barely mentioned the concept at dinner Friday night. We spent nearly the entire next day just getting to know each other as people before a single word about business. That almost never happens in the investor-founder relationship. By the time I pitched the full room Saturday afternoon, we already knew each other.

John said: “Think about what you can do with twelve million dollars.” We came back with what $24M could build.

In the follow-up call, his assessment: “You have what I look for in every founder I’ve ever invested in. And you have an idea that’s tackling a big problem.”


What’s Already in Motion

6
Active prospects in Kansas City - zero competitors doing what we do
12 yrs
Longest enterprise client relationship - followed from company one to company two
$3.6M
Lifetime revenue from a single enterprise client - still active today
“Too Small”
What facilities keep telling us. They want the service. We just need the scale to deliver it.

Enterprise Validation

A Fortune 500 client - one of the largest private companies on the planet - has been with us for over a decade. They followed from the first company to the second. That’s not a contract. That’s trust.

Doors Already Open

Multiple facilities have invited us to visit their sites. The only thing they haven’t said is “yes.” What they actually said is: “You’re not big enough yet.” The $24M changes that overnight.


Cards on the Table

We have divisions within Spot-On that are profitable and growing. We also have one that’s bleeding - and we know exactly why. An investor partner won’t have to tell us what to fix. We already know. What we need is the capital to stop patching and start building.

We’re not hiding financials or dressing up numbers. Ask for our P&Ls. Ask for the hard questions. That’s exactly the kind of partnership we want - one where transparency is the starting point, not the negotiating tactic.

“When things are bad, be real about it always.”

That’s how every relationship in this company has been built - and it’s how this one will be too.

The Minimum 10% Commitment

AIN requires founders to co-invest 10% of the raise. Here is our plan to meet that commitment with conviction.

10% of $24M Raise
$2.4M
Founder co-investment requirement
Founder Reinvestment
$1.0M
50% of founder buyout rolled back into the round
Strategic Co-Invest Target
$1.4M+
From strategic and regional investors below
In Progress

Strategic Capital Partners

Each investor below brings more than capital: domain expertise, distribution channels, and operational acceleration that compounds the AIN partnership.

Venture 53

Atlanta, GA • Pure-play Supply Chain VC
$125K–$3M

Early-stage fund investing exclusively in supply chain: Freight Tech, Warehousing, Last Mile, Autonomous & EV, and Enterprise SCM. Backed by a network of freight and logistics executives who serve as operating advisors.

Why NoDwell: Our yard logistics + dispatch automation sits squarely in their Freight Tech vertical. Their executive network accelerates enterprise sales.

Supply Chain Ventures

Founded 2001 • Seed to Growth
STRATEGIC

One of the longest-running supply chain-focused VCs. Exits include Kiva Systems (Amazon), Descartes, Transporeon (Trimble), LlamaS oft (Coupa), and Macropoint (Descartes). Partners bring C-suite operating experience in global logistics.

Why NoDwell: Their portfolio validates the thesis — they’ve built and exited the exact category. Their LP network is our customer base.

Flyover Capital

Kansas City, MO • Midwest Venture
REGIONAL

Kansas City-based venture fund investing in Midwest tech and tech-enabled businesses. Focused on backing founders who are building from the heartland with access to enterprise customers and lower burn environments.

Why NoDwell: We are KC-native, already operating, and building on a logistics corridor. Flyover’s regional conviction aligns with our go-to-market.

KC Rise Fund

Kansas City, MO • Community VC
REGIONAL

Community-backed venture fund focused on accelerating Kansas City’s innovation economy. Invests in early-stage companies headquartered or significantly operating in the KC metro, with a focus on job creation and regional economic impact.

Why NoDwell: Every truck we deploy creates 1.5 jobs in KC. We’re building a logistics HQ in the region with 200+ positions by Year 3.

Missouri Technology Corporation

State of Missouri • IDEA Fund
PUBLIC-PRIVATE

State-backed public-private partnership with an IDEA Fund Co-Investment Program targeting pre-seed through Series A Missouri tech companies. Structured to catalyze private capital — MTC dollars are designed to attract and de-risk follow-on investment.

Why NoDwell: Missouri-based, high-tech logistics with AI-augmented operations. MTC co-invest validates for other institutional capital.

Sope Creek Capital

Atlanta, GA • Logistics Family Office
STRATEGIC

Family office of Kevin Nolan, founder of Nolan Transportation Group (NTG) and OTR Solutions. Deep logistics DNA with a portfolio spanning freight brokerage, fleet leasing, and tech-enabled transportation. Operates as venture, growth, and buyout investor with rapid decision-making.

Why NoDwell: Built and scaled exactly what we’re building. Their operational playbook and carrier network are a force multiplier.

NFI Ventures

Camden, NJ • Strategic Logistics VC
STRATEGIC

VC arm of NFI Industries — a 90+ year, 4th-generation supply chain operator with 300+ facilities nationwide. Invests in early-stage logistics tech with a unique advantage: real-world testing environments across their massive distribution network. Patient capital, not fund-constrained.

Why NoDwell: 300 NFI facilities = 300 potential NoDwell customers. Strategic investment creates built-in distribution. Their yards need us.

Volvo Group Venture Capital / CampX

Gothenburg • Corporate Venture + Innovation
OEM STRATEGIC

Volvo Group’s corporate venture arm (est. 1997) invests in electromobility, autonomous, and connected logistics. CampX is their innovation hub connecting startups to Volvo R&D for joint development and proof-of-value projects across global hubs.

Why NoDwell: Volvo builds the yard tractors. We deploy them at scale. Their EV yard tractor program + our fleet model = strategic partnership.

Academic & Ecosystem Alignment

MIT FreightLab

MIT Center for Transportation & Logistics

MIT FreightLab partners with industry to research freight transportation economics, network optimization, and emerging technologies in logistics. Their work spans carrier strategy, shipper procurement, and the application of AI/ML to freight markets.

NoDwell will be establishing presence with MIT FreightLab this month. Our yard logistics data and AI dispatch model represent a novel research vertical for their program.

This is an initial target list assembled for the 10% co-invest commitment. Additional strategic investors in fleet technology, EV infrastructure, and logistics SaaS are being identified and will be added as conversations progress.