About this raise
Rollo Motion, with a pre-money valuation of $20.1 million, is raising funds on SeedInvest. The company makes vehicles that form a smart fleet for autonomous, remote, or human end-to-end delivery solutions. The light-weight vehicles of Rollo Motion can be used in a variety of modes and help to fulfill local deliveries at one of the lowest costs. Ryan McLean and Bill Gross founded Rollo Motion in September 2018. The proceeds of the current crowdfunding round, with a minimum target of $25,000 and a maximum target of $1,070,000, will be used for research and development, sales and marketing, operations, and vehicles. Rollo Motion has already achieved in-market growth by increasing deliveries by 48% on average per month in Pasadena, CA. The Rollo Motion vehicles have delivered more than 5,000 orders with an average gross order value of $62.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- SeedInvest
- Start Date
- 06/09/2021
- Close Date
- 07/14/2021
$25,000
$1,070,000
$999
Equity - Preferred
Early Stage
RegCF
/ RegD 506(c)
$1.11
$20,164,146
Company & Team
Company
- Year Founded
- 2018
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 07/14/2021 | SeedInvest | $20,164,146 | $0 | Equity - Preferred | Not Funded | RegCF / RegD 506(c) |
| 06/10/2021 | SeedInvest | $20,164,146 | $0 | Equity - Preferred | Funded | Test the Waters / RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.