Hercules Electric Vehicles

Hercules Electric Mobility is creating customized, high-performance electric mobility solutions with integrated solar charging, for the sport-truck, SUV, and recreational mobility markets.

Analytics

Raised to Date: $4,639

Aggregate Commitments $
Platform

Netcapital

Start Date

05/24/2021

Close Date

07/20/2021

Min. Goal

$10,000

Max. Goal

$1,064,960

Min. Investment

$102

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$86,963,200

Rolling Commitments $
Status

Active

Reporting Date

06/13/2021

Days Remaining

37

% of Min. Goal

46%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$232

Momentum
cool
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

Detroit, Michigan

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

AutomationTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Hercules Electric Vehicles, with a pre-money valuation of $86.9 million, is raising funds on NetCapital. The company makes customized electric mobility vehicles with solar charging. The mobility solutions are offered in the form of SUVs, sports trucks, and recreational vehicles. James Breyer, Julie Tolley, and Greg Weber founded Hercules Electric Vehicles in 2018. The current crowdfunding round has a minimum target of $10,000 and a maximum target of $1,064,960, and the funds will be used for marketing, R&D, and compensation. Hercules Electric Vehicles is working on a scalable propulsion technology that can be scaled across EV pickups and marine mobility segments. The company has entered into a strategic partnership with a large international automotive OEM for co-manufacturing the vehicles.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-111,252

$-48,743

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$350,608

$81,442

Accounts Receivable

$0

$0

Total Assets

$352,069

$83,321

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Log in or create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)

Starter

$8.33 /month
billed annually
Free portfolio tracking. Limited reports and filters.
Plan Includes:
Everything in Free, plus
Advanced company search ( limited filters)
Founder profiles and exclusive webinars
2 Analyst Reports per month
Get Starter Annual

Pro

$25 /month
billed annually
Unlimited analyst reports and market analytics.
Plan Includes:
Everything in Starter, plus
Full access to all Analyst Reports
Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.)
Market Analytics
Get Pro Annual

Merlin

$41.67 /month
billed annually
Full site access including Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Get Merlin Annual
Already a member? Log in here.

Ratings

Other Deals

Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add Hercules Electric Vehicles on NetCapital
Follow company
Follow Hercules Electric Vehicles on NetCapital
Want to learn more about Hercules Electric Vehicles?
Join the Pre-IPO Market’s #1 Ratings & Analytics Service FREE for 7 days.
Yes! I want to start my free trial.
Already a member? Log in here.
Invest Now