Rollo Motion

Rollo Motion

Early Stage

Smart delivery fleets for autonomous, remote, or human operation

Smart delivery fleets for autonomous, remote, or human operation

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

SeedInvest

Start Date

06/08/2021

Close Date

07/14/2021

Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment

$999

Security Type

Equity - Preferred

Series

Series A

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Price Per Share

$1.11

Pre-Money Valuation

$20,164,146

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

07/13/2021

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2018

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

AutomationTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Pasadena, California

Business Type

Growth

Rollo Motion, with a pre-money valuation of $20.1 million, is raising funds on SeedInvest. The company makes vehicles that form a smart fleet for autonomous, remote, or human end-to-end delivery solutions. The light-weight vehicles of Rollo Motion can be used in a variety of modes and help to fulfill local deliveries at one of the lowest costs. Ryan McLean and Bill Gross founded Rollo Motion in September 2018. The proceeds of the current crowdfunding round, with a minimum target of $25,000 and a maximum target of $1,070,000, will be used for research and development, sales and marketing, operations, and vehicles. Rollo Motion has already achieved in-market growth by increasing deliveries by 48% on average per month in Pasadena, CA. The Rollo Motion vehicles have delivered more than 5,000 orders with an average gross order value of $62.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$24,026

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,750,806

$-1,572,516

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$461,358

$1,068,792

Accounts Receivable

$12,396

$0

Total Assets

$626,650

$1,158,558

Short-Term Debt

$145,002

$49,138

Long-Term Debt

$113,763

$0

Total Liabilities

$258,765

$49,138

Financials as of: 06/08/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Rollo Motion 07/13/2021 SeedInvest $20,164,146 $0 Equity - Preferred Not Funded RegCF / RegD 506(c)
Rollo Motion 06/09/2021 SeedInvest $20,164,146 $0 Equity - Preferred Funded Test the Waters / RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Funding data not publicly available

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Rollo Motion on SeedInvest 2021
Platform: SeedInvest
Security Type: Equity - Preferred
Valuation: $20,164,146
Price per Share: $1.11

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