Atlis Motor Vehicles
[Closed for Investment] Atlis Motor Vehicles, with a pre-money valuation of $89.8 million, is raising crowdfunding on StartEngine. The company is dedicated to building electric work vehicles, including electric pickup trucks. The patent-pending technology of Atlis Motor Vehicles is currently in the design, test, and validation phases, and aims to handle sales, financing, delivery, and maintenance of its electric vehicles. Atlis Motor Vehicles was founded by Mark Hanchett in November 2016 and raised $1.07 million in the previous round of funding. The current round of crowdfunding has a minimum goal of $10,000 and a maximum goal of $729,000, and the proceeds will be used to complete the development and testing and enter the early manufacturing phase. Atlis Motor Vehicles already has more than $1 billion of truck reservations on its website and aims to offer unprecedented technology and efficiency.
Investment Overview
Raised: $1,059,448
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 12/10/2019
- Close Date
- 04/29/2020
$9,998
$1,070,000
$297
Equity - Common
Seed
RegCF
$5.93
$89,800,000
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.