Hackrod

Early Stage

Hackrod is challenging the traditional approach to automobile manufacturing.

Analytics

Raised to Date: Raised: $179,509

Aggregate Commitments $

Platform

Microventures

Start Date

01/19/2018

Close Date

03/14/2018

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF / RegD 506(c)

Valuation Cap

$7,000,000

Discount Rate

0%

Rolling Commitments $

Status
Funded
Reporting Date

03/31/2018

Days Remaining
Funded
% of Min. Goal

359%

% of Max. Goal

17%

Likelihood of Max
Funded
Avg. Daily Raise

$3,324

# of Investors

264

Momentum
Funded
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Location

Woodland Hills, California

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

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.
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Hackrod on MicroVentures
$
Platform: Microventures
Security Type: Convertible Note
Valuation: $7,000,000

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