VORSHEER

VORSHEER

Growth Stage

Ready for Fun - Prepared for Emergencies

Ready for Fun - Prepared for Emergencies

Overview

Raised to Date: Raised: $8,229

Total Commitments ($USD)

Platform

StartEngine

Start Date

09/16/2022

Close Date

12/15/2022

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$250

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$11,292,372

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

12/14/2022

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$91

# of Investors

11

Momentum
Not Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2022

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Springville, Utah

Business Type

Growth

VORSHEER, with a valuation of $11.3 million, is raising funds on StartEngine. The company makes high-quality overland camping and emergency preparation trailers. It is bringing compact off-road trailers to the recreational vehicle and emergency preparation market. The trailers of VORSHEER are equipped with rapid mobility, hot and cold running water, shelter, heat, power, and food preparation. VORSHEER has generated $4.5 million in lifetime sales and has well-established distribution channels. Steve McCloud founded VORSHEER in March 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used for manufacturing, marketing, and market expansion.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,403,987

$1,198,748

COGS

$1,107,025

$913,105

Tax

$0

$0

 

 

Net Income

$-366,770

$-150,202

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$203,086

$55,355

Accounts Receivable

$21,001

$17,818

Total Assets

$543,171

$402,174

Short-Term Debt

$672,875

$410,060

Long-Term Debt

$633,240

$342,920

Total Liabilities

$1,306,115

$752,980

Financials as of: 09/16/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.

Create your first portfolio

Create your own startup investment portfolio on KingsCrowd.

Track all of your startup investments in one place using our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
VORSHEER on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $11,292,372
Price per Share: $1.00

Follow company

Follow VORSHEER on StartEngine 2022

Buy VORSHEER's Deal Report

Warning: according to the close date for this deal, VORSHEER may no longer be accepting investments.

VORSHEER Deal Report

Get KingsCrowd’s comprehensive report on VORSHEER including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether VORSHEER is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the VORSHEER deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge