Bridge Round - $1M Raise - Investor Presentation

NoDwell

$1M bridge to accelerate into a 90% committed $54M Series A.

The Opportunity

Truck drivers waste 30% of their day sitting idle.

NoDwell eliminates dwell time by democratizing the drop-and-hook for shippers who could never afford it before. Three services, one network.

$100B+
Annual drain on U.S. trucking from idle time
$290K
Revenue today through Spot On Logistics
75%
Of shippers currently unserved by existing solutions
The Industry Today

Two ways to move freight.

How most of the industry operates

Live Loading

Truck arrives, waits for a dock, gets loaded while the driver sits.

6-24+ hrs
Average turnaround cycle, metro arrival to departure with next load

Proven solution. 1 in 3 shippers have access. The rest is our market.

Drop & Hook

Truck drops a trailer, hooks a pre-loaded one, and goes.

< 1 hour
Average turnaround cycle, metro arrival to departure with next load
Phase I Solution · The Democratized Yard Truck

A shared yard spotter for unserved shippers at a net negative cost.

Net negative cost: the shipper pays less for NoDwell coverage than they currently or would spend having their own drivers handle yard moves during dock wait times.

NoDwell shares a yard truck across 2-5 neighboring facilities on a democratized contract, directly connecting to shippers' internal systems for ease of use, organizing jobs like a ride share.

Facility Needs
Dock moves, trailer staging, container shuffling
→
Democratized Contract
Scheduled blocks or on-demand like a ride share
→
Shared Spotter
Rotates between 2-5 contracted clients
→
Profitable for All
Facility pays fraction · Truck stays busy
$650K
NoDwell site revenue (concept site)
$125K
Margin per site at scale
$2.4M
NoDwell total gross revenue today

Already operating through Spot On Logistics. Revenue-producing today.

12-Month Projection

5 sites → $650K gross revenue

Phase II Solution · The Democratized City Truck

On-demand relay. Creating the drop-and-hook.

Two modes. Same truck. Same network. Same direct platform connection. Same organization of jobs, rideshare style.

Proactive: Drop and Swap

NoDwell offers a city truck for the time it takes to load or unload the carrier's trailer and stages it. Driver arrives, drops inbound, hooks outbound, keeps driving - zero wait. The drop-and-hook experience democratized for everyone.

Pre-Loaded
→
Drop & Hook
→
Keeps Driving

Reactive: Exception Management

Driver stuck at dock for hours. NoDwell dispatches a city truck to take over the trailer. Driver gets back on the road immediately.

Driver Stuck
→
NoDwell Dispatched
→
Driver Free
Projected Unit Economics
$350
Per job
× 5
Jobs per truck per day
= $350
NoDwell gross/truck/day at 20%
Actual 2025
$41K
Gross at ~45% utilization · Zero advertising spend
12-Month Projection
$440K
5 trucks · Full city coverage · $350/day NoDwell gross each

Concept operating and producing revenue today through Spot On Logistics. The economics are self-evident.

Phase III Solution · Transfer Yards & Autonomous Relay Points

Our software guides autonomous yard trucks site to site from the data we create.

The yards we already operate from services 1 & 2 become the critical infrastructure that autonomous line haul trucks need to reach their final mile.

Autonomous Line Haul Creates Demand

  • Aurora is hauling freight driverless - Dallas to Houston, live today
  • These trucks can't navigate docks or urban areas - they need a handoff point
  • NoDwell yards become that transfer station
Network Built
Services 1 & 2 build the physical yard network
Tech Arrives
Autonomous partners plug into our existing locations
Margins Expand
Remove driver cost, keep the network revenue

NoDwell. Same thesis, same opportunity. Uber would be our Amazon.

Long-Term Projection

10+ metro network - autonomous-ready infrastructure

Series A Status

$54M Series A is 90% committed.

Lead investor has verbally committed $48M. Currently awaiting LOI. Expected close within 60-90 days.

$48M
Lead investor - verbally committed, awaiting LOI
$6M
Remaining allocation for strategic and angel investors
60-90
Days to expected full close
Why Now

We can't afford to wait 90 days.

Every month we wait is a month we're not building the platform or hiring the team. The bridge lets us hit the ground running when the Series A closes.

Without the Bridge

  • Engineering team starts month 4 post-close
  • Platform build delayed 6+ months
  • Competitors fill the gap while we staff up
  • First truck deployment: month 8-10

With the Bridge

  • CTO and dev team onboarded immediately
  • Platform MVP ready at close
  • Key leadership hires locked in
  • First truck deployment: month 1 post-close
Use of Funds

Where $1M goes.

90-day runway to build the team and platform before the Series A closes.

$450K
Engineering Team
CTO + 3 senior developers for 3 months
$350K
Key Leadership Hires
Operations, business development leads
$200K
Operations + Legal
Overhead, admin, bridge legal costs

Every dollar builds capacity that accelerates Series A deployment by 3-4 months.

The Team

Built by people who've lived this problem.

Founder & CEO

Blake Lappan

  • 22 years in truckload freight
  • 15 years in yard management
  • 14 years as a fleet owner
CTO & Co-Founder

Amol Mehta

  • Former Founder & Director of Development at Bunjii
  • Deep expertise in marketplace platform architecture
Advisory Board: Rob Haddock (42yr Coca-Cola Logistics) | Erik Malin (Baton, acq. by Ryder) | Chris Atkinson (Class8) | Mike Saxton (Orange EV) | Randy Mullet (Conway/XPO)
Traction

We're already proving this works.

$290K
Active yard services revenue through Spot On
$41K
2025 city truck gross, zero advertising
5+
Active enterprise proposals in pipeline

Revenue-producing today. Not a concept - a business.

The Bridge
$1M

Convertible Note - Converts at Series A Close

20%
Discount to Series A price
12 Mo
Maturity - converts or repays
< 2%
Of the $54M round - minimal dilution

Best terms available. Bridge investors get the 20% discount that Series A investors won't.

The Opportunity

NoDwell

$1M bridge into a $54M Series A.

Best Terms
20% discount to the Series A price
De-Risked
Series A is 90% committed, awaiting LOI
Time-Sensitive
Bridge closes when Series A closes

Get in early. Get the best price.

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