CityFreighter

CityFreighter

Early Stage

Electric Trucks for the Last Mile

Electric Trucks for the Last Mile

Overview

Raised to Date: Raised: $105,100

Total Commitments ($USD)

Platform

StartEngine

Start Date

09/07/2018

Close Date

04/08/2019

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$150

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.00

Pre-Money Valuation

$5,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2019

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$496

# of Investors

164

Momentum
Funded
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Year Founded

2018

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

CommerceTech

Location

Santa Barbara, California

Cityfreigher is developing smart, light-duty (Class 1-3) commercial electric vehicles. Different from large OEMs and other competitors, Cityfreighter leverages a modular approach, which enables customization of key infrastructure components. Their goal is to develop fully customized trucks for large fleet operators, where they will use AI and blockchain to offer fleet operators competitive “total cost of ownership” packages. This clean-tech startup has team members in the US, Europe, and Asia, and with this campaign, they are looking finish development of their full-scale functional CF1 prototype.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
CityFreighter 04/28/2024 Wefunder $28,000,000 $130,610 SAFE Active RegCF
CityFreighter 03/23/2021 Wefunder $7,500,000 $648,642 SAFE Funded RegCF
CityFreighter 04/07/2019 StartEngine $5,000,000 $105,100 Equity - Common Funded 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

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Cityfreighter on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $5,000,000
Price per Share: $10.00

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