Battle Approved Motors

Battle Approved Motors

Early Stage

An Elite, Zero Emission Off-Road Electric Vehicle

An Elite, Zero Emission Off-Road Electric Vehicle

Overview

Raised to Date: Raised: $1,069,925

Total Commitments ($USD)

Platform

StartEngine

Start Date

10/25/2020

Close Date

10/25/2021

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$325

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.26

Pre-Money Valuation

$6,294,117

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/30/2021

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

$2,931

# of Investors

1,369

Momentum
Funded
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Year Founded

2019

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Phoenix, Arizona

Business Type

Growth

Battle Approved Motors, with a pre-money valuation of $6.3 million, is raising crowdfunding on StartEngine. The company develops electric vehicle technology for off-road vehicles. The high-end electric UTVs of Battle Approved Motors will be straight out of the box. The company is currently in the design, test, and validation phases. Chris James founded Battle Approved Motors in 2019. The current crowdfunding round has a minimum raise of $9,999.86 and a maximum raise of $106,999.88, and the proceeds will be used for growth and expansion. Battle Approved Motors will deliver elite ownership, experience, and performance to its users with its zero-emission vehicles.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-13,985

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$100

$0

Accounts Receivable

$0

$0

Total Assets

$100

$0

Short-Term Debt

$10,140

$0

Long-Term Debt

$0

$0

Total Liabilities

$10,140

$0

Financials as of: 10/25/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Battle Approved Motors 08/28/2022 StartEngine $52,900,000 $261,866 Equity - Common Funded RegCF
Battle Approved Motors 10/25/2021 StartEngine $6,294,117 $1,069,925 Equity - Common Funded RegCF
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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

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Battle Approved Motors on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $6,294,117
Price per Share: $0.26

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