Shandoka Electric Motorcycles

Early Stage

Striving to place electric motorcycles everywhere they are needed

Analytics

Raised to Date: Raised: $1,000

Aggregate Commitments $

Platform

WunderFund

Start Date

06/25/2021

Close Date

12/31/2021

Min. Goal

$25,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$10,000,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

10/21/2021

Days Remaining

71

% of Min. Goal

4%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$8

Momentum
cool
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Location

Charlotte, North Carolina

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Cleantech

Distribution Model

B2B

Margin

Low

Capital Intensity

Low

Business Type

Growth

Shandoka Electric Motorcycles, with a valuation of $10 million, is raising crowdfunding on Wunderfund. The company has developed the RetroFit solution for converting simple gas motorcycles to electric systems. The development leads to a lower carbon footprint and regulatory advantages. Ernest Eich founded Shandoka Electric Motorcycles in January 2019. The current crowdfunding round has a minimum raise of $25,000 and a maximum raise of $250,000, and the funds will be used for sales of RetroFit Fleet services, activation of the first manufacturing facility, and expansion of global footprint. Shandoka Electric Motorcycles creates value for upcycling and remanufacturing and replaces dirty combustion from daily travels.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$24,486

$1,200

Tax

$0

$0

 

 

Net Income

$-36,290

$-6,925

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,313

$1,033

Accounts Receivable

$0

$0

Total Assets

$1,313

$1,033

Short-Term Debt

$0

$0

Long-Term Debt

$44,528

$4,680

Total Liabilities

$44,528

$4,680

Financials as of: 06/25/2021
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Shandoka Electric Motorcycles on Wunderfund 2021
$
Platform: WunderFund
Security Type: SAFE
Valuation: $10,000,000

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