About this raise: Atlis Motor Vehicles is raising funds on Rialto Markets through Reg A+ crowdfunding. The company is designing and building the Atlis XT electric pickup truck that has a plug-in battery. The electric truck will be able to handle the needs of today without the burden of gas prices. Atlis Motor Vehicles aims to make vehicle ownership affordable, hassle-free, and efficient through its holistic approach. The company is revolutionizing battery technology with the world’s first AMV Cube Cell. Mark Hanchett founded Atlis Motor Vehicles in November 2016. The current crowdfunding campaign has no minimum target and a maximum target of $10,000,000. The campaign proceeds will be used for product research and development, marketing and advertising, working capital, and general corporate purposes.
Investment Overview
Invested : $12,999,987
Deal Terms
Total Commitments ($USD)
- Platform
- Rialto Markets
- Start Date
- 11/12/2021
- Close Date
- Not Provided
$254
$12,999,987
$254
Equity - Common
Seed
RegA+
$15.88
$950,000,000
Company & Team
Company
- Year Founded
- 2016
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/26/2022 | Rialto Markets | $1,900,000,000 | - | Equity - Common | Funded | RegA+ |
| 07/22/2022 | Rialto Markets | $950,000,000 | $12,999,987 | Equity - Common | Funded | RegA+ |
| 10/23/2021 | Rialto Markets | $385,000,000 | $4,999,841 | Equity - Common | Funded | RegCF |
| 08/15/2021 | Rialto Markets | $166,000,000 | $14,836,087 | Equity - Common | Funded | RegA+ |
| 07/19/2020 | StartEngine | $166,000,000 | $0 | Equity - Common | Not Funded | RegA+ |
| 04/29/2020 | StartEngine | $89,800,000 | $1,059,448 | Equity - Common | Funded | RegCF |
| 02/08/2019 | StartEngine | $2,900,000 | $1,058,566 | Equity - Common | Funded | RegCF |
Growth Charts
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.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.