Reverend Motors
Crafting performance lubricants
Overview
Raised: $7,000
Total Commitments ($USD)
Platform
Honeycomb
Start Date
07/21/2021
Close Date
09/07/2021
Min. Goal
$40,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
09/06/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$149
# of Investors
8
Momentum
Not Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2021
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
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: 07/21/2021
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /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
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.