SONDORS Electric Car Company (2018)
About this raise
SONDORS Electric Car Company is raising funds on StartEngine through Reg A+ crowdfunding. The company manufactures and sells affordable and eco-friendly electric vehicles. SONDORS Electric Car Company has worked on the concept design, engineering analysis, and detailed design and is currently building a concept prototype, which will soon be ready to make a production-ready vehicle. Storm Sondors founded SONDORS Electric Car Company in August 2016. The current crowdfunding campaign has a maximum target of $19.99 million. The campaign proceeds will be used for production prototype build, design validation and testing, production tooling, marketing, salaries, and working capital.
Investment Overview
Deal Terms
- Platform
- StartEngine
- Start Date
- 11/11/2017
- Close Date
- 11/11/2018
$488
$19,999,998
$488
Equity - Common
Early Stage
RegA+
$28.68
Company & Team
Company
- Year Founded
- 2016
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Location
- Malibu, California
- Company Website
-
Visit Website
Team
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/28/2020 | StartEngine | $80,384,390 | $569,413 | Equity - Common | Funded | RegCF |
| 11/11/2018 | StartEngine | - | - | Equity - Common | Funded | RegA+ |
| 06/06/2017 | StartEngine | $33,000,000 | $70,032 | Equity - Common | Funded | RegCF |
| 01/01/2017 | StartEngine | - | $70,332 | Equity - Common | Funded | 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.