Rumble Motors
[Closed for Investment] Rumble Motors is raising funds on StartEngine via Equity with a $12 million valuation cap. The team at Rumble Motors is creating eco-friendly electric bicycles. The Swedish/American team differentiates its products with a quick 3-5. hour charging time and 80 mile range. Founder and CEO Reza Khademi began his career building racer motorcycles back in 1977. He has substantial experience in industrial engineering. The minimum investment amount for Rumble Motors is $100 and the minimum target for the round is $10000.
Investment Overview
Raised: $812,840
Deal Terms
Company & Team
Company
- Year Founded
- 2019
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $353,000
- Monthly Burn
- Profitable
- Cash on Hand
- $3,041
- Gross Margin
- 51%
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Company Funding & Growth
Funding history
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.