Battle Approved Motors

Growth Stage

An Elite, Zero Emission Off-Road Electric Vehicle

Analytics

Raised to Date: Raised: $248,048

Aggregate Commitments $

Platform

StartEngine

Start Date

12/17/2021

Close Date

08/29/2022

Min. Goal

$10,000

Max. Goal

$2,250,000

Min. Investment

$499

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Price Per Share

$1.84

Pre-Money Valuation

$52,900,000

Rolling Commitments $

Status

Active

Reporting Date

08/13/2022

Days Remaining

16

% of Min. Goal

2,480%

% of Max. Goal

11%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,038

Momentum
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Location

Phoenix, Arizona

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

Battle Approved Motors, with a pre-money valuation of $52.9 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 $10,000 and a maximum raise of $2.250,000 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

$9,379

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-13,827

$-13,985

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$80,690

$100

Accounts Receivable

$0

$0

Total Assets

$80,690

$100

Short-Term Debt

$12,338

$10,140

Long-Term Debt

$0

$0

Total Liabilities

$12,338

$10,140

Financials as of: 12/17/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Battle Approved Motors 08/29/2022 StartEngine $52,900,000 $248,048 Equity - Common Active RegCF
Battle Approved Motors 10/26/2021 StartEngine $6,294,117 $1,069,925 Equity - Common Funded RegCF
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Battle Approved Motors
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Platform: StartEngine
Security Type: Equity - Common
Valuation: $52,900,000
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