Bolt Mobility Corporation
Enabling Micromobility
Analytics
Raised to Date: $0
Aggregate Commitments $
StartEngine
11/06/2020
02/10/2021
$10,000
$1,070,000
$300
Equity - Common
RegCF
Series A
$51,400,000
Weekly Commitments $
02/10/2021
0%
0%
$0
Miami, Florida
Transportation, Automotive, Aviation, & Aerospace
Hardwaretech
B2B/B2C
Low
High
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 |
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