VanLab

VanLab

Early Stage

Ready-to-Assemble Campervan Kitsets for a Rapidly Growing Market

Ready-to-Assemble Campervan Kitsets for a Rapidly Growing Market

Overview

Raised this Round: Raised: $117,589

Total Commitments ($USD)

Platform

StartEngine

Start Date

01/31/2023

Close Date

06/29/2023

Min. Goal
$14,998
Max. Goal
$1,199,999
Min. Investment

$250

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.81

Pre-Money Valuation

$10,491,813

Year Founded

2020

Industry

Travel and Hospitality

Tech Sector

Hardwaretech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Topanga, California

Business Type

Growth

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

FY 2022 FY 2021

Revenue

$118,273

$22,797

COGS

$75,753

$27,439

Tax

$0

$0

 

 

Net Income

$13,054

$-16,277

Summary Balance Sheet

FY 2022 FY 2021

Cash

$27,415

$3,582

Accounts Receivable

$0

$0

Total Assets

$38,095

$3,582

Short-Term Debt

$5,072

$0

Long-Term Debt

$13,778

$0

Total Liabilities

$18,850

$0

Financials as of: 01/31/2023
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VanLab on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,491,813
Price per Share: $4.81

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Follow VanLab on StartEngine 2023

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