Green Island EV Corp.
Early Stage
An early-stage company founded to manufacture commercial, microtransit electric vehicles
Overview
Raised: $19,400
Total Commitments ($USD)
Platform
Raise Green
Start Date
08/23/2022
Close Date
02/22/2023
Min. Goal
$50,000
Max. Goal
$1,000,000
Min. Investment
$100
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$10.00
Pre-Money Valuation
$16,300,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
02/28/2023
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$106
Momentum
Not Funded
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Year Founded
2021
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
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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