Green Island EV Corp.

Early Stage

An early-stage company founded to manufacture commercial, microtransit electric vehicles

Analytics

Raised to Date: Raised: $12,500

Aggregate Commitments $

Platform

Raise Green

Start Date

08/23/2022

Close Date

11/17/2022

Min. Goal

$50,000

Max. Goal

$1,000,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Price Per Share

$10.00

Pre-Money Valuation

$16,300,000

Rolling Commitments $

Status

Active

Reporting Date

10/02/2022

Days Remaining

46

% of Min. Goal

25%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$313

Momentum
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Location

Troy, New York

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Cleantech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Business Type

Growth

Green Island EV Corp., with a valuation of $16.3 million, is raising funds on Raise Green. The company manufactures commercial microtransit electric vehicles in Green Island, New York. The aim of Green Island EV Corp. is to provide efficient, sustainable, and clean energy mobility solutions for communities, organizations, and companies. Currently, the company is focusing on the initial product development of its Type A electric school buses. John Gillie founded Green Island EV Corp. in August 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,000,000. The campaign proceeds will be used for product development, design and engineering, marketing, pre-sales, and hiring.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$10,000

$0

Accounts Receivable

$3,343

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 08/23/2022
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Green Island EV Corp. on Raise Green 2022
$
Platform: Raise Green
Security Type: Equity - Common
Valuation: $16,300,000

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