Curtiss Motorcycle

Curtiss Motorcycle

Early Stage

CURTISS IS RE-BORN TO LEAD THE FUTURE OF LUXURY ELECTRIC MOTORING ON TWO WHEELS

CURTISS IS RE-BORN TO LEAD THE FUTURE OF LUXURY ELECTRIC MOTORING ON TWO WHEELS

Overview

Raised to Date: Raised: $156,334

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/15/2023

Close Date

07/29/2023

Min. Goal
$50,000
Max. Goal
$4,468,863
Min. Investment

$500

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.09

Pre-Money Valuation

$7,300,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

07/30/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$2,113

# of Investors

116

Momentum
Funded
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Year Founded

2018

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Leeds, Alabama

Business Type

Growth

Curtis Motorcycle Co., with a pre-money valuation of $7.3 million, is raising funds on Wefunder. The company claims to be the first, and only, luxury brand in the space. Their patent-protected Axis Centered Design is the key to their motorcycles, which they state is modular, radically scalable and will be used on every future Curtiss motorcycle. Their first year of production is already sold out at margins that generate sustainable growing net cash flow. H Matthew Chambers and Jordan Cornille founded Curtis Motorcycles in 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $4.47 million. The campaign proceeds will mostly be used to complete testing, tuning, validation, and certification of The 1 in preparation for customer deliveries.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$158,883

COGS

$0

$135,383

Tax

$0

$0

 

 

Net Income

$-693,355

$-826,544

Summary Balance Sheet

FY 2022 FY 2021

Cash

$531,123

$18,127

Accounts Receivable

$0

$0

Total Assets

$3,731,003

$834,984

Short-Term Debt

$3,523,770

$1,202,033

Long-Term Debt

$1,202,033

$1,018,593

Total Liabilities

$4,725,803

$2,220,626

Financials as of: 05/15/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Curtiss Motorcycle 05/28/2024 Wefunder $5,629,368 $152,960 Equity - Common Active RegCF
Curtiss Motorcycle 07/28/2023 Wefunder $7,300,000 $156,334 Equity - Common Funded RegCF
Curtiss Motorcycle 05/23/2023 Dealmaker Securities $10,393,204 $458,452 Equity - Common Funded RegCF
Curtiss Motorcycle 07/29/2021 Wefunder $13,900,000 $1,017,471 Equity - Common Funded RegCF
Curtiss Motorcycle 07/29/2019 Wefunder $11,600,000 $443,086 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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Curtiss Motorcycles on Wefunder 2023
Platform: Wefunder
Security Type: Equity - Common
Valuation: $7,300,000
Price per Share: $0.09

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