Aptrea Motors on Wefunder

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

Raise to date: $342,954

Reporting Date: 01/19/2020

Key Stats

Minimum Raise

$100,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

08/29/2019

Stop Date

02/20/2020

Days Remaining

31

Security Type

SAFE

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

793

% of Minimum Raised

343%

% of Maximum Raised

32%

Dollars Per Day to Reach Max

$23,453

DPD* Committed

$2,398

DPD* Category

$0

DPD* All Companies

$1,121

Kingscrowd Momentum

$342,954

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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