Vvolt

Vvolt

Growth Stage

Building alternative EVs for everyone

Building alternative EVs for everyone

Overview

Raised to Date: Raised: $226,279

Total Commitments ($USD)

Platform

StartEngine

Start Date

10/31/2023

Close Date

01/29/2024

Min. Goal
$15,000
Max. Goal
$1,235,000
Min. Investment

$226

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.26

Pre-Money Valuation

$12,995,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

12/03/2023

Days Remaining

57

% of Min. Goal

1,509%

% of Max. Goal

18%

Likelihood of Max
unlikely
Avg. Daily Raise

$6,857

# of Investors

96

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

2020

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Portland, Oregon

Business Type

Growth

Vvolt, with a valuation of $12.99 million, is raising funds on StartEngine. It is an e-micro mobility company that offers reliable electric transportation solutions and makes real-life mobility better for everyone. Vvolt is pioneering personal EVs with a vision to create a better urban transportation experience through its innovative products and strategic retail partnerships. The company generated $1 million in revenue in 2022 and has experienced an 870% year-over-year growth in its social media following. Christopher Kyle Ranson founded Vvolt in June 2020. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, inventory, company employment, and working capital.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$1,130,234

$152,065

COGS

$798,349

$98,958

Tax

$-621

$0

 

 

Net Income

$-525,335

$-289,164

Summary Balance Sheet

FY 2022 FY 2021

Cash

$83,721

$84,067

Accounts Receivable

$56,718

$5,760

Total Assets

$1,659,980

$1,333,518

Short-Term Debt

$524,401

$297,016

Long-Term Debt

$1,366,429

$992,928

Total Liabilities

$1,890,830

$1,289,944

Financials as of: 10/31/2023
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
Vvolt on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $12,995,000
Price per Share: $2.26

Follow company

Follow Vvolt on StartEngine 2023

Buy Vvolt's Deal Report

Vvolt Deal Report

Get KingsCrowd’s comprehensive report on Vvolt including:

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

Buy the Vvolt deal report for only $10!

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