Eli Electric Vehicles
The next evolution of personal mobility
Overview
Raised: $402,938
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/28/2023
Days Remaining
30
% of Min. Goal
4,031%
% of Max. Goal
13%
Likelihood of Max
Avg. Daily Raise
$2,289
# of Investors
298
Momentum
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Year Founded
2018
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Cleantech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Eli Electric Vehicles, with a valuation of $57.7 million, is raising funds on StartEngine. The company has designed an advanced, affordable, and efficient micro-EV to revolutionize urban trips. Eli ZERO will be half the size of a conventional car, less expensive, and highly energy efficient. The first model of Eli is fully homologated, and over 100 units have been built and shipped to Italy, Germany, Austria, and the Netherlands. Marcus Li founded Eli Electric Vehicles in 2018. The current crowdfunding campaign has a minimum target of $9,996.80 and a maximum target of $3,179,017.60. The campaign proceeds will be used to expand into a range of other micro-EV products, services, and technologies.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$593,302 |
$8,473 |
COGS |
$576,571 |
$9,271 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-2,522,547 |
$-2,110,638 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$219,240 |
$96,428 |
Accounts Receivable |
$65,533 |
$6,356 |
Total Assets |
$3,343,795 |
$3,444,953 |
Short-Term Debt |
$448,938 |
$569,947 |
Long-Term Debt |
$6,258,509 |
$6,740,267 |
Total Liabilities |
$6,707,447 |
$7,310,214 |
Financials as of: 10/03/2022
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Raise History
Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
Eli Electric Vehicles | 04/27/2023 | StartEngine | $57,713,207 | $402,938 | Equity - Common | Active | RegCF |
Eli Electric Vehicles | 04/16/2022 | StartEngine | $31,727,867 | $1,903,387 | Equity - Common | Funded | RegCF |
Eli Electric Vehicles | 07/29/2021 | StartEngine | $18,000,000 | $1,392,706 | Convertible Note | Funded | RegCF |
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