ALFADAN on StartEngine

Re-defining the outboard engine

Raise to date: $156,782

Reporting Date: 05/27/2020

Key Stats

Minimum Raise

$10,000

Maximum Raise

$1,070,000

Likelihood of Max Possible
Start Date

05/11/2020

Stop Date

08/06/2020

Days Remaining

70

Security Type

Common Stock

Investment Minimum

$250

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

234

% of Minimum Raised

1,568%

% of Maximum Raised

15%

Dollars Per Day to Reach Max

$13,046

DPD* Committed

$9,799

DPD* Category

$0

DPD* All Companies

$991

Kingscrowd Momentum

$156,782

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

ALFADAN, with a $15 million pre-money valuation, is raising crowdfunding on StartEngine. The company is redefining the outboard engine through its marine-specific design. The proprietary design of ALFADAN creates engines with 50% more horsepower, 50% less moving parts, and less weight, compared to the traditional engines. ALFADAN was founded by Alberto Araujo in 2017. The current round of crowdfunding has a minimum raise of $10,000 and a maximum raise of $1,070,000, and the funds will be used to introduce new products, increase brand awareness, and increase the market share. ALFADAN is led by an experienced team creating a paradigm-shifting product. The ALFADAN engines have better performance, low cost, and less fuel consumption compared to the old designs.

Add to portfolio
Add ALFADAN on StartEngine
Follow company
Follow ALFADAN on StartEngine
INVEST NOW

Get access to the first and only premium analytics and rating platform that enables informed startup investments.

Become an Informed Investor