Zero Labs

Zero Labs

Growth Stage

The world’s first platform for the scalable electrification of existing vehicles

The world’s first platform for the scalable electrification of existing vehicles

Overview

Funding data not publicly available
Platform

Dealmaker Securities

Start Date

09/18/2023

Close Date

12/31/2023

Min. Goal
$25,000
Max. Goal
$4,999,991
Min. Investment

$1,000

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.00

Pre-Money Valuation

$100,000,000

Year Founded

2016

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Cleantech

Location

Gardena, California

Zero Labs, with a valuation of $100 million, is raising funds on Dealmaker Securities. The company has developed a platform for scalable electrification of existing vehicles. Zero Labs aims to electrify millions of existing combustion engine vehicles with its scalable solution and has signed reservations and inquiries for more than 75,000 conversions. The conversions using the Zero Labs solution do not require any advanced knowledge of battery engineering and provide a combination of EV performance, safety, and balance. Adam Roe founded Zero Labs in February 2016. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $4.99 million. The campaign proceeds will be used for operations and facilities, growth of the fabrication and manufacturing team, high voltage technology manufacturing, product development and procurement, tooling, sales and marketing, and certification and testing.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$606,681

$446,100

COGS

$920,252

$639,769

Tax

$0

$0

 

 

Net Income

$-3,159,906

$-2,179,645

Summary Balance Sheet

FY 2022 FY 2021

Cash

$126,224

$387,971

Accounts Receivable

$64,053

$0

Total Assets

$2,135,582

$1,553,286

Short-Term Debt

$1,147,493

$0

Long-Term Debt

$0

$1,096,000

Total Liabilities

$1,147,493

$1,096,000

Financials as of: 09/18/2023
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Zero Labs on Dealmaker Securities 2023
Platform: Dealmaker Securities
Security Type: Equity - Common
Valuation: $100,000,000
Price per Share: $10.00

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Follow Zero Labs on Dealmaker Securities 2023

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