About this raise: Atlis Motor Vehicles, with a valuation of $385 million, is raising funds on Rialto Markets. 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. Atlis Motor Vehicles was founded by Mark Hanchett in November 2016. The current crowdfunding campaign has a minimum and maximum target of $4,999,991.36. The campaign proceeds will be used for sales commissions and marketing, production-level design for XP Platform, test and validation equipment, ATLIS Cube Cell pilot line, and key team hires.
Investment Overview
Invested : $4,999,841
Deal Terms
Total Commitments ($USD)
- Platform
- Rialto Markets
- Start Date
- 08/31/2021
- Close Date
- 10/23/2021
$4,999,000
$4,999,991
$255
Equity - Common
Seed
RegCF
$12.74
$385,000,000
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.