About this raise
Zero Labs, with a valuation of $100 million, is raising funds on StartEngine. 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 77,500 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 $15,000 and a maximum target of $5 million. The campaign proceeds will be used for the growth of the fabrication and manufacturing team.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 02/20/2024
- Close Date
- 04/30/2024
$15,000
$5,000,000
$500
Equity - Common
Series A
RegCF
$12.50
$100,000,000
Company & Team
Company
- Year Founded
- 2016
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
Team
- Employees
- 26
- Prior Founder Exits?
- Yes
Financials
- Revenue +36% YoY
- $606,681
- Monthly Burn
- $263,326
-
Runway
- 0.5 months
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $13,260,000
- VC Backed?
- Yes
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2024 | StartEngine | $100,000,000 | $0 | Equity - Common | Not Funded | RegCF |
| 02/29/2024 | DealMaker Securities | $100,000,000 | $21,000 | Equity - Common | Not Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.