VanLab
Early Stage
Ready-to-Assemble Campervan Kitsets for a Rapidly Growing Market
Overview
Raised: $60,980
Total Commitments ($USD)
Platform
StartEngine
Start Date
02/01/2023
Close Date
04/30/2023
Min. Goal
$14,998
Max. Goal
$1,199,999
Min. Investment
$250
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$4.81
Pre-Money Valuation
$10,491,813
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/23/2023
Days Remaining
38
% of Min. Goal
407%
% of Max. Goal
5%
Likelihood of Max
Avg. Daily Raise
$1,220
# of Investors
45
Momentum
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Year Founded
2020
Industry
Travel and Hospitality
Tech Sector
Hardwaretech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
VanLab, with a valuation of $10.49 million, is raising funds on StartEngine. The company designs and manufactures high-quality flatpack camper van kit sets. The kit sets of VanLab make it easier for travelers to embrace the outdoor lifestyle and assemble their dream camper van in just two days. VanLab’s camper van conversion kits are made using premium and sustainable materials and are disrupting the RV market. The current crowdfunding campaign has a minimum target of $14,997.58 and a maximum target of $1.2 million. The campaign proceeds will be used for company employment, marketing, travel, product development, inventory, and working capital.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$22,797 |
$0 |
|
COGS |
$27,439 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-3,814 |
$-511 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$3,582 |
$533 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$3,582 |
$533 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 02/01/2023
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