ModVans

Modern & modular camper vans.

Analytics

Raised to Date: $1,069,941

Aggregate Commitments $
Platform

StartEngine

Start Date

11/19/2018

Close Date

06/30/2020

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$101

Security Type

Equity - Common

Funding Type

RegCF

Valuation

$13,500,000

Rolling Commitments $
Status
Funded
Reporting Date

06/30/2020

Days Remaining
Funded
% of Min. Goal

10,699%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$1,817

# of Investors

3,235

Momentum
Funded
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Location

Oxnard, California

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Non-Tech

ModVans allows you to drive around town like normal during the day -- and go roadtripping at night. It’s a modern, modular, and affordable camper van that offers seating for more than five people, as well as removable RV components. During their first 12 months of business, ModVans sold over $2.4M worth of CV1s and achieved positive cashflow with no money spent on marketing or sales. They recently achieved RVIA certification in February, and with this campaign, they’re looking to expand their production capacity to meet their demand. ModVans’ goal is to increase sales to $10M per year within the next 12 months and disrupt the combined market for Class B RVs, minivans, SUVs, and pickup trucks.
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Summary of Crowdfunding Raises
Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
05/01/2021 Wefunder $20,700,000 $188,490 Equity - Common Active RegCF
06/30/2020 StartEngine $13,500,000 $1,069,941 Equity - Common Confirmed Closed RegCF
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