Bolt Mobility Corporation

Neutral
BETA

Enabling Micromobility

Analytics

Raised to Date: $0

Aggregate Commitments $
Platform

StartEngine

Start Date

11/06/2020

Close Date

02/10/2021

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$300

Security Type

Equity - Common

Funding Type

RegCF

Series

Series A

Pre-Money Valuation

$51,400,000

Weekly Commitments $
Status
Not Funded
Reporting Date

02/10/2021

Days Remaining
Not Funded
% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
Location

Miami, Florida

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

Bolt Mobility, with a pre-money valuation of $51.4 million, is raising funds on StartEngine. The company provides sustainable transportation solutions to people and organizations across the world. The product suite of the micro mobility company includes electric scooters and bikes that are made by world-famous designers to maximize their efficiency. Usain Bolt and Kamyar Kaviani founded Bolt Mobility in 2018. The current crowdfunding campaign has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the funds will be used to expand and grow, widen the global network, and improve the lives of millions. Bolt Mobility has already raised over $30 million since its inception and plans to offer a full suite of tools for micro mobility.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$2,637,423

$89,290

COGS

$7,829,223

$120,269

Tax

$0

$0

 

 

Net Income

$-18,868,601

$-1,761,396

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$207,818

$769,736

Accounts Receivable

$47,629

$346,110

Total Assets

$4,947,873

$3,803,371

Short-Term Debt

$3,191,438

$460,414

Long-Term Debt

$11,635,204

$0

Total Liabilities

$14,826,642

$460,414

Ratings

last updated 02/11/2021

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