SONDORS Electric Car Company (2017)
About this raise
SONDORS Electric Car Company, with a valuation of $33 million, is raising funds on StartEngine. 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 and 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 minimum target of $12,000 and a maximum target of $70,032. The campaign proceeds will be used for marketing, salaries, professional fees, and research and development.
Investment Overview
Invested : $70,032
Deal Terms
- Platform
- StartEngine
- Start Date
- 05/15/2017
- Close Date
- 06/05/2017
$12,000
$70,032
$120
Equity - Common
Early Stage
RegCF
$12.00
$33,000,000
Company & Team
Company
- Year Founded
- 2016
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Location
- Malibu, California
- Company Website
-
Visit Website
Team
Financials
-
Revenue
-
$0
as of FY2016
- Monthly Burn
-
$3,510
as of FY2016
-
Runway
-
0.2 months
as of FY2016
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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.