CityFreighter

Early Stage

Electric Trucks for the Last Mile

Analytics

Raised to Date: Raised: $105,100

Aggregate Commitments $

Platform

StartEngine

Start Date

09/08/2018

Close Date

04/08/2019

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$150

Security Type

Equity - Common

Funding Type

RegCF

Price Per Share

$10.00

Pre-Money Valuation

$5,000,000

Rolling Commitments $

Status
Funded
Reporting Date

04/30/2019

Days Remaining
Funded
% of Min. Goal

1,051%

% of Max. Goal

10%

Likelihood of Max
Funded
Avg. Daily Raise

$496

# of Investors

164

Momentum
Funded
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Location

Santa Barbara, California

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

CommerceTech

Cityfreigher is developing smart, light-duty (Class 1-3) commercial electric vehicles. Different from large OEMs and other competitors, Cityfreighter leverages a modular approach, which enables customization of key infrastructure components. Their goal is to develop fully customized trucks for large fleet operators, where they will use AI and blockchain to offer fleet operators competitive “total cost of ownership” packages. This clean-tech startup has team members in the US, Europe, and Asia, and with this campaign, they are looking finish development of their full-scale functional CF1 prototype.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
CityFreighter 03/24/2021 Wefunder $7,500,000 $643,304 SAFE Funded RegCF
CityFreighter 04/08/2019 StartEngine $5,000,000 $105,100 Equity - Common Funded RegCF
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Cityfreighter on StartEngine
$
Platform: StartEngine
Security Type: Equity - Common
Valuation: $5,000,000
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