VonMercier

Early Stage

Bringing imagined vehicles to life—starting with the electric (EV) hovercraft

Analytics

Raised to Date: Raised: $165,070

Aggregate Commitments $

Platform

Republic

Start Date

08/02/2022

Close Date

12/20/2022

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$150

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$20,000,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

08/17/2022

Days Remaining

125

% of Min. Goal

660%

% of Max. Goal

15%

Likelihood of Max
likely
Avg. Daily Raise

$11,005

Momentum
warm.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

HAVRE DE GRACE, Maryland

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

VonMercier, with a valuation of $20 million, is raising funds on Republic. The company is building an electric hovercraft called the Arosa. Arosa is a sports hovercraft that can travel over land and water and is quiet and easy to use. The hovercraft is an amphibious EV and also helps to reduce global emissions while adapting to a changing climate. VonMercier has developed the directional control system for the hovercraft and has laid the foundation for hover vehicles to be quieter and easier to use. Michael Mercier founded VonMercier in March 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used for hiring, manufacturing the Arosa, and delivering the hovercraft to customers.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-435,765

$-164,579

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$160,686

$395

Accounts Receivable

$0

$0

Total Assets

$324,652

$26,949

Short-Term Debt

$15,963

$9,218

Long-Term Debt

$508,779

$637,673

Total Liabilities

$524,742

$646,891

Financials as of: 08/02/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
VonMercier on Republic 2022
$
Platform: Republic
Security Type: SAFE
Valuation: $20,000,000

Follow company

Follow VonMercier on Republic 2022
View on Republic
Bullish / Bearish
You're Bullish on VonMercier on Republic 2022

Thank you for your vote on VonMercier on Republic 2022

Bullish / Bearish
You're Bearish on VonMercier on Republic 2022

Thank you for your vote on VonMercier on Republic 2022