ZEVA Aero

ZEVA Aero

Growth Stage

Zero-Emissions Vertical Aircraft

Zero-Emissions Vertical Aircraft

Overview

Raised this Round: Raised: $204,868

Total Commitments ($USD)

Platform

StartEngine

Start Date

08/02/2021

Close Date

02/02/2022

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

$200

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.00

Pre-Money Valuation

$56,104,020

Year Founded

2018

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Tacoma, Washington

Business Type

Growth

ZEVA Aero, with a pre-money valuation of $56.1 million, is raising funds on StartEngine. The company designs and builds electric aircraft for point-to-point travel. The purpose of ZEVA Aero is to provide sustainable air vehicles to people for daily personal use. Stephen Tibbitts founded ZEVA Aero in May 2018. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $1,070,000, will be used to continue indoor tethered testing and growth. ZEVA Aero plans on being the fastest way to travel within a 50-mile radius by traveling over 160 miles per hour. The company aims to sell 500 vehicles by 2025 in the first responder and defense markets and earn total revenue of $125 million.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$127,239

$205,245

COGS

$15,190

$33,237

Tax

$0

$0

 

 

Net Income

$-201,337

$-49,247

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$5,262

$16,983

Accounts Receivable

$724

$0

Total Assets

$10,671

$44,144

Short-Term Debt

$77,422

$60,760

Long-Term Debt

$186,900

$65,411

Total Liabilities

$264,322

$126,171

Financials as of: 08/02/2021
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ZEVA Aero on StartEngine 2021
Platform: StartEngine
Security Type: Equity - Common
Valuation: $56,104,020
Price per Share: $4.00

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