Battle Approved Motors (2021)

Battle Approved Motors (2021)

About this raise

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.

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Investment Overview

Invested this round: $1,069,925

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
10/26/2020
Close Date
10/26/2021
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

Company & Team

Company

Year Founded
2019
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Hardwaretech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
High
Location
Phoenix, Arizona
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Founder Name
Chris James
Title
Chief Executive Officer, Director

Financials

 Revenue
$0
 Monthly Burn
$1,165
 Runway
0.1 months

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

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
08/29/2022 StartEngine $52,900,000 $261,866 Equity - Common Funded RegCF
10/26/2021 StartEngine $6,294,117 $1,069,925 Equity - Common Funded RegCF
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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.

Employee History

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

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Battle Approved Motors Deal Report

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