Revnation

Revnation

Early Stage

Moving Car Culture Forward

Moving Car Culture Forward

Overview

Raised to Date: Raised: $4,550

Total Commitments ($USD)

Platform

Mundial Financial Group

Start Date

07/24/2023

Close Date

06/01/2024

Min. Goal
$1,500,000
Max. Goal
$5,000,000
Min. Investment

$100

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$10,000,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/07/2024

Days Remaining

24

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$16

# of Investors

16

Momentum
cold.svg
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Year Founded

2022

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Newark, Delaware

Business Type

Growth

Revnation, with a valuation of $10 million, is raising funds on Mundial Financial Group. The company provides a wide range of automotive products, including performance parts and race fuels. Revnation’s high-performance parts increase the horsepower of engines and enable the engines to reach their full potential, while race fuels are more eco-friendly and efficient than regular gasoline. Revnation also makes vinyl wraps and motor oil and plans to launch its mobile app for an immersive experience for automotive enthusiasts. Dominique L. Nelson founded Revnation in August 2022. The current crowdfunding campaign has a minimum target of $1.5 million and a maximum target of $5 million. The campaign proceeds will be used for fuel production, fuel tankers, semi-trailers, commercial building, marketing, semi trucks, vinyl wrap printers, AST fuel tanks, an LED screen, gas station construction, and cash on hand.

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

$21,762

$0

Accounts Receivable

$5

$0

Total Assets

$0

$0

Short-Term Debt

$-16,243

$0

Long-Term Debt

$0

$0

Total Liabilities

$-16,243

$0

Financials as of: 07/24/2023
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Revnation on Mundial Financial Group 2023
Platform: Mundial Financial Group
Security Type: Equity - Common
Valuation: $10,000,000
Price per Share: $1.00

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