Aptrea Motors on Wefunder

Do More with a 1,000+Mile Range EV!

Raise to date: $173,148

Reporting Date: 09/18/2019

Key Stats

Minimum Raise

$100,000

Maximum Raise

$1,070,000

Likelihood of Max Possible
Start Date

08/29/2019

Stop Date

12/09/2019

Days Remaining

80

Security Type

SAFE

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

383

% of Minimum Raised

173%

% of Maximum Raised

16%

Dollars Per Day to Reach Max

$11,211

DPD* Committed

$8,657

DPD* Category

$0

DPD* All Companies

$1,279

Kingscrowd Momentum

$173,148

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Aptera Motors, with a valuation cap of $20 million, is raising crowdfunding on WeFunder. The company plans to create a low-drag aerodynamic vehicle for being more efficient than other vehicles. Aptera Motors already has the prototypes and the technology and is looking for funds to design, manufacture, and distribute the Aptera electric vehicle. Aptera Motors was founded by Steve Fambro and Chris Anthony in 2005 but was liquidated in 2011 due to lack of finances. The current crowdfunding round has a minimum goal of $100,000 and a maximum goal of $1,070,000, and the proceeds will be used to recreate the brand. Aptera Motors is all set to bring in safe, efficient, and sustainable transportation and has set meaningful targets for the future.

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