CyberLandr

CyberLandr

Closed: Apr. 2022

About this raise

CyberLandr, with a valuation of $400 million, is raising funds on StartEngine. The company transforms the Tesla Cybertruck into an ultimate lifestyle vehicle. It fits the Cybertruck with a kitchen, living room, bedroom, bathroom, and office and makes it suitable for both urban and wilderness adventures. CyberLandr has already received over 2,000 pre-orders valued at more than $100 million. Lance King founded CyberLandr in May 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $5,000,000. The campaign proceeds will be used for prototype development and growth.

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Investment Overview

Invested this round: $659,651

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
12/01/2021
Close Date
04/29/2022
Min. Goal
$10,000
Max Goal
$5,000,000
Min. Investment

$400

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$40.00

Pre-Money Valuation

$400,000,000

Company & Team

Company

Year Founded
2018
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
EnterpriseTech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Location
Austin, Texas
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Lance King
Title
CEO

Financials

 Revenue +11% YoY
$111,264
 Monthly Burn
$749
 Runway
2.3 months
Gross Margin
76%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$111,264

$100,309

COGS

$26,322

$28,445

Tax

$0

$0

 

 

Net Income

$-8,989

$-33,301

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,725

$872

Accounts Receivable

$0

$0

Total Assets

$1,725

$872

Short-Term Debt

$21,842

$12,000

Long-Term Debt

$21,842

$12,000

Total Liabilities

$43,684

$24,000

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/29/2022 StartEngine $400,000,000 $659,651 Equity - Common Funded RegCF
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Add to portfolio
CyberLandr on StartEngine 2021
Platform: StartEngine
Security Type: Equity - Common
Valuation: $400,000,000
Price per Share: $40.00

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Follow CyberLandr on StartEngine 2021

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