Dust Moto

Dust Moto

Dust Moto, with a valuation of $7.5 million, is raising funds on Wefunder. The company has created a revolutionary electric dirt bike that maximizes performance at the right price. Dust Moto’s electric dirt bikes are high-quality built, lightweight, quiet and easy to maintain, high-performance, and come with a swappable battery. The company has battle-tested its alpha prototypes through hundreds of riding hours and the TKO hard enduro race and has 150 pre-order customers. Colin Godby and Neil Tierney founded Dust Moto in May 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for product development to lock production design, hiring, the pre-order campaign, and 2025 sales.

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Investment Overview

Raised this Round: Raised: $135,574

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
10/23/2024
Close Date
02/28/2025
Min. Goal
$50,000
Max. Goal
$500,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$6,000,000

Valuation Cap

$7,500,000

Discount

10%

Company & Team

Company

Year Founded
2023
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Hardwaretech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Bend, Oregon
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
Yes
Founder Name
Colin Godby
Title
CEO
Founder Name
Neil Tierney
Title
COO
Founder Name
Jarett Volkoff
Title
Head of Design

Financials

as of August 31, 2024
 Revenue
$58,019
 Monthly Burn
$41,500
 Runway
3.6 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$58,019

$0

COGS

$374,208

$0

Tax

$0

$0

 

 

Net Income

$-316,189

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$65,920

$0

Accounts Receivable

$0

$0

Total Assets

$115,764

$0

Short-Term Debt

$21,992

$0

Long-Term Debt

$14,961

$0

Total Liabilities

$36,953

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$690,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/28/2025 Wefunder $7,500,000 $135,574 SAFE Active RegCF
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Dust Moto on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $7,500,000

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