Hackrod
About this raise
Who Should Be Interested:
Have you always wanted to create your own car? Do you wish you could use VR (virtual reality) to design your own vehicle? Well, now you can -- with Hackrod. Their technology allows the consumer to be a co-creator space, and they could be the investment you’ve been waiting for.
The Company:
Hackrod plans to be the automobile manufacturer of the future. Their methodology combines generative design, VR, 3D printing, and a cloud-based supply chain that allows consumers to be co-creators of their dream vehicles. Hackrod is starting with the action car film “Autonomo,” where they will showcase 50 of their vehicles and offer the designs as templates to customers. They currently have a partnership with AutoDesk to create virtual car prototypes as well, and they want to create a world where you can design the car of your dreams as easily as playing a video game.
The Bottom Line:
Current automobile manufacturing has not caught up with today’s technology. Hackrod helps it get there, and with their methodology, you can create, design, and have the car you’ve always wanted. They’re hacking up the traditional world of vehicle manufacturing...one dream car (and action film) at a time.
Investment Overview
Invested $179,509 :
Deal Terms
Company & Team
Company
- Year Founded
- 2017
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2C
- Margin
- Capital Intensity
- Location
- Woodland Hills, California
- Company Website
-
Visit Website
Team
- Employees
- 1
Financials
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
03/14/2018 | Microventures | $7,000,000 | $179,509 | Convertible Note | Funded | RegCF / RegD 506(c) |