Revolution Brands

Revolution Brands

Growth Stage

Vertically Integrating Sustainable Personal Mobility

Vertically Integrating Sustainable Personal Mobility

Overview

Raised this Round: Raised: $13,316

Total Commitments ($USD)

Platform

StartEngine

Start Date

02/07/2023

Close Date

04/11/2023

Min. Goal
$10,000
Max. Goal
$1,234,996
Min. Investment

$249

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.89

Pre-Money Valuation

$54,900,227

Year Founded

2021

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Miami, Florida

Business Type

Growth

Revolution Brands, with a valuation of $54.9 million, is raising funds on StartEngine. The company aims to build sustainable and electric-powered personal transportation and lifestyle products. The products of Revolution Brands include electric scooters, electric bicycles, electric motorcycles, electric watercraft, sustainable lifestyle products, and more that are sold through B2B and B2C platforms. Revolution Brands is already gaining traction and has generated $6 million in revenue in its first year of operations. Fernando Alonso, Mauricio Diaz, Alberto Fernandez, Federico Urdaneta, John Klinger, and Isaac Morales founded Revolution Brands in May 2021. The current crowdfunding campaign has a minimum target of $9,999.99 and a maximum target of $1.23 million. The campaign proceeds will be used for working capital and inventory.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$6,051,031

$0

COGS

$4,472,997

$0

Tax

$0

$0

 

 

Net Income

$-995,279

$0

Summary Balance Sheet

FY 2021 FY 2020

Cash

$878,155

$0

Accounts Receivable

$1,907,793

$0

Total Assets

$8,977,129

$0

Short-Term Debt

$1,739,397

$0

Long-Term Debt

$33,250

$0

Total Liabilities

$1,772,647

$0

Financials as of: 02/07/2023
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Revolution Brands on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $54,900,227
Price per Share: $1.89

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Follow Revolution Brands on StartEngine 2023

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