Alpha Motor Corporation

Alpha Motor Corporation

Growth Stage

Move Humanity

Move Humanity

Overview

Raised to Date: Raised: $4,982,694

Total Commitments ($USD)

Platform

StartEngine

Start Date

01/17/2023

Close Date

05/18/2023

Min. Goal
$14,985
Max. Goal
$4,999,977
Min. Investment

$500

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$18.50

Pre-Money Valuation

$125,060,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/30/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$41,522

# of Investors

596

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2020

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Irvine, California

Business Type

Growth

Alpha Motor Corporation, with a valuation of $125.06 million, is raising funds on StartEngine. It is an automobile and mobility company focused on manufacturing sport, utility, and adventure electric vehicles. The patented and unique vehicle system of Alpha Motor Corporation includes dimensionally adjustable chassis and interchangeable power components, interior components, and other components. The company has received 52,500 pre-orders and is moving towards pre-production vehicle development in 2023. The current crowdfunding campaign has a minimum target of $14,985 and a maximum target of $5 million. The campaign proceeds will be used for marketing, research and development, company employment, operations, working capital, and reserves.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-490,057

$-118

Summary Balance Sheet

FY 2021 FY 2020

Cash

$543,254

$7,410

Accounts Receivable

$60

$0

Total Assets

$545,914

$7,410

Short-Term Debt

$7,450

$7,000

Long-Term Debt

$1,027,945

$0

Total Liabilities

$1,035,395

$7,000

Financials as of: 01/17/2023
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Alpha Motor Corporation 04/28/2024 StartEngine $350,111,224 $358,819 Equity - Common Active RegCF
Alpha Motor Corporation 05/17/2023 StartEngine $125,060,000 $4,982,694 Equity - Common Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Alpha Motor Corporation on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $125,060,000
Price per Share: $18.50

Follow company

Follow Alpha Motor Corporation on StartEngine 2023

Buy Alpha Motor Corporation's Deal Report

Warning: according to the close date for this deal, Alpha Motor Corporation may no longer be accepting investments.

Alpha Motor Corporation Deal Report

Get KingsCrowd’s comprehensive report on Alpha Motor Corporation including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Alpha Motor Corporation is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Alpha Motor Corporation deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge