Phantom Bikes

Phantom Bikes

Motorized bicycles

Motorized bicycles

Overview

Raised this Round: Raised: $2,511

Total Commitments ($USD)

Platform

Honeycomb

Start Date

11/20/2023

Close Date

12/30/2023

Min. Goal
$60,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

12.00%

Term Length

3.0 years

Year Founded

2019

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

San Diego, California

Business Type

Growth

Phantom Bikes is raising funds on Honeycomb. The company makes motorized bicycles dedicated to design and innovation. Phantom Bikes provides a combination of comfort, economy, product design, and customer service and sells its e-bikes and e-scooters at an affordable price. The business has been featured in the LA Times, Electric Bike Magazine, and at Barrett-Jackson in Arizona and has generated $18 million in revenue in 2023 to date. David Toma founded Phantom Bikes in November 2019. The current crowdfunding campaign has a minimum target of $60,000 and a maximum target of $124,000. The campaign proceeds will be used for inventory.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 11/20/2023
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Phantom Bikes 12/30/2023 Honeycomb - $2,511 Debt Not Funded RegCF

No prior online funding rounds.

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Phantom Bikes on Honeycomb 2023
Platform: Honeycomb
Security Type: Debt

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