Avadi Engines

Avadi Engines

Closed: Dec. 2022

About this raise

Avadi Engines, with a valuation of $33.8 million, is raising funds on StartEngine. The company is attempting to redesign internal combustion engines with its revolutionary combustion engine. Avadi Engines’ patented 4-stroke Avadi MA-250 gas engine is lighter, more fuel-efficient, and more eco-friendly than traditional engines. Avadi Engines has four issued patents in the US, Canada, Taiwan, and Singapore and aims to obtain additional international patents. Landon Wilkinson founded Avadi Engines in September 2014. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $1,069,998. The campaign proceeds will be used for research and development, and growth.

Expand

Investment Overview

Invested this round: $212,287

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
08/24/2022
Close Date
12/23/2022
Min. Goal
$9,999
Max Goal
$1,069,998
Min. Investment

$300

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$3.00

Pre-Money Valuation

$33,750,000

Company & Team

Company

Year Founded
2014
Industry
Industrial Services
Tech Sector
Hardwaretech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
Location
Yakima, Washington
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Landon Wilkinson
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$27,578
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-330,930

$-193,679

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$283,484

$296,983

Short-Term Debt

$8,591

$0

Long-Term Debt

$308,840

$0

Total Liabilities

$317,431

$0

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /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

Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/23/2022 StartEngine $33,750,000 $212,287 Equity - Common Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Avadi Engines on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $33,750,000
Price per Share: $3.00

Follow company

Follow Avadi Engines on StartEngine 2022

Buy Avadi Engines's Deal Report

Warning: according to the close date for this deal, Avadi Engines may no longer be accepting investments.

Avadi Engines Deal Report

Get Kingscrowd's comprehensive report on Avadi Engines including:

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

Buy the Avadi Engines deal report for only $10!

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