FattE- Bikes
About this raise
FattE- Bikes, with a valuation of $10.3 million, is raising funds on StartEngine. The company is combining art with transportation with its customizable electric bikes. The bikes are made in the USA, are eye-catching, and are the future of micro-mobility. The offerings of FattE- Bikes include Major T, Penalosa, Sgt. Mingo, and Londonderry and can be customized for looks, comfort, materials, finishes, and other riding preferences. Victoria Brunner founded FattE- Bikes in June 2017. The current crowdfunding campaign has a minimum target of $9,999.75 and a maximum target of $1,069,999.38. The campaign proceeds will be used for product development, increasing operations and employee capacity, and research and development.
Investment Overview
Invested $259,443 :
Deal Terms
Company & Team
Company
- Year Founded
- 2017
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +25% YoY
- $975,003
- Monthly Burn
- $43,741
-
Runway
- 0 months
- Gross Margin
- 7%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $190,000
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
09/14/2022 | StartEngine | $10,317,207 | $259,443 | Equity - Common | Funded | RegCF |