Reverend Motors

Early Stage

Crafting performance lubricants

Analytics

Raised to Date: Raised: $7,000

Aggregate Commitments $

Platform

Honeycomb

Start Date

07/22/2021

Close Date

09/07/2021

Min. Goal

$40,000

Max. Goal

$100,000

Min. Investment

$100

Security Type

Debt

Funding Type

RegCF

Series

Pre-Seed

Rolling Commitments $

Status
Not Funded
Reporting Date

09/07/2021

Days Remaining
Not Funded
% of Min. Goal

18%

% of Max. Goal

7%

Likelihood of Max
Not Funded
Avg. Daily Raise

$149

Momentum
Not Funded
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Location

Brea, California

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Business Type

Growth

Reverend Motors, a motor lubricants manufacturer in California, is raising funds on Honeycomb. The company crafts its own performance lubricants in the US and sells them across the world. The lubricants of Reverend Motors lower the cost of maintenance products and brings more value to customers. Kolton Freck, Kory Freck, and Daniel Hill founded Reverend Motors in February 2021. The current crowdfunding round has a minimum raise of $40,000 and a maximum raise of $100,000, and the funds will target marketing, product development, operations, and legal expenses. Reverend Motors has manufactured the industry-first coffee-scented 2-stroke oil and has received a consistent number one best-seller badge on Amazon.

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

$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: 07/22/2021
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