Shandoka Electric Motorcycles
Early Stage
Striving to place electric motorcycles everywhere they are needed
Overview
Raised: $1,000
Total Commitments ($USD)
Platform
WunderFund
Start Date
06/24/2021
Close Date
12/31/2021
Min. Goal
$25,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$10,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
01/01/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$5
# of Investors
4
Momentum
Not Funded
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Year Founded
2019
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Low
Capital Intensity
Low
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: 06/24/2021
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