Green Island EV Corp.
About this raise
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.
Investment Overview
Not Funded: $19,400
Deal Terms
Total Commitments
- Platform
- Raise Green
- Start Date
- 08/23/2022
- Close Date
- 02/22/2023
$50,000
$1,000,000
$100
Equity - Common
Pre-Seed
RegCF
$10.00
$16,300,000
Company & Team
Company
- Year Founded
- 2021
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/22/2023 | Raise Green | $16,300,000 | $19,400 | Equity - Common | Not Funded | RegCF |