Revolution Brands

Growth Stage
Vertically Integrating Sustainable Personal Mobility
Overview
Raised: $13,601
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/23/2023
Days Remaining
19
% of Min. Goal
136%
% of Max. Goal
1%
Likelihood of Max
Avg. Daily Raise
$316
# of Investors
9
Momentum
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Year Founded
2021
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Hardwaretech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
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
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$6,051,031 |
$0 |
COGS |
$4,472,997 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-995,279 |
$0 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
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: 02/08/2023
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