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ALPHA MOTOR

Operating

Alpha Motor Corporation

Industrial & Manufacturing · Irvine, CA · Founded 2020

Automobile and mobility tech company focused on manufacturing utility, sport and adventure electric vehicles

Post-money valuation ⓘ
$350.7M
As of Jan 2024 · from Reg CF Offering (2024) · pre-money + amount raised, not a traded price
Total raised
$2,516,494
Crowd $2.5M · Private $589 · 3 rounds since 2022
Latest share price
$49.90
Reg CF · Common Stock · Jan 2024 offering price

Financials

FY2020–FY2025 · from SEC filings · hover any figure for its source
$0
−$118
2020
$0
−$490K
2021
$0
−$502K
2022
$1.1M
−$1.4M
2023
$0
$9.3M
2024
$0
−$551K
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 audited*
FY2021 audited*
FY2022 audited
FY2023 audited
FY2024
FY2025
Income statement
Revenue
$0
$0
$0
$1,100,000
$0
$0
Cost of goods sold
$0
$0
$0
$569,792
$6,239
$0
Gross margin
—
—
—
48%
—
—
Net income
-$118
-$489,939
-$501,635
-$1,447,043
$9,250,742
-$551,112
Taxes paid
$0
$1,250
$800
$800
$800
$800
Balance sheet
Cash
$7,410
$543,254
$527,582
$555,094
$131,053
$116,453
Accounts receivable
$0
$0
$0
$0
$0
$0
Total assets
$7,410
$545,914
$1,480,369
$779,103
$2,040,561
$1,623,381
Short-term debt
$7,000
$7,450
$2,272,148
$172,057
$116,079
$224,031
Long-term debt
$0
$1,027,945
$208,329
$101,807
$0
$0
Total liabilities
$7,000
$1,035,395
$2,480,477
$273,864
$116,079
$224,031
Other
Headcount
—
15
15
15
15
15

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$125.1M
pre-money
$350.1M
pre-money
Reg CF · Common · Jan 2023
Reg CF · Common · Jan 2024

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

log scale
$49.90$0.0706$0.0001
Mar 2022Jan 2024
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Share counts as of May 5, 2026
Preferred Stock · 1.83%Common Stock · 98.2%
ClassOutstandingVotes / shareShare of totalLast price
Preferred Stockpreferred128,09611.83%—
Common Stock6,888,161198.2%$49.90Jan 2024
Total7,016,257100%

Shares outstanding over timein today's share terms

7.0M3.5M0
Dec 2022May 2026
Common StockPreferred StockRound opened

Principal holders% as the filing states it, May 5, 2026

  • Edward Yoon Lee4,080,000 Common Stock58.0%of company
  • Everyone else (not named in filings)42.0%

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $541.7K / $3.8MInvestors 429Post-money $350.7M
Raised $2M / $5MInvestors 596Post-money $130M

Team

12 people
Edward LeeFounder
Founder/CEO

Edward Lee, Founder, CEO, and Chairman, leads Alpha’s commercialization, he is awarded for “Executive Leadership Excellence in Innovation” by Giles-O’Malley Center and CEO Monthly, named "2023 Motor Vehicle Manufacturing Chairperson (USA)." Recognized by Toyota as the lead inventor of the Lexus LC 500 design, his 20+ years' automotive expertise includes working with Audi, Lexus, and Toyota.

Jada LeeFounder
Co-Founder/Vice Chairman

Jada Lee, Co-Founder and Vice Chairman, has been General Counsel and Chief Compliance Officer of a private equity firm overseeing US$14.5 billion in gross assets. With a career rooted in top global law firms, her 16+ years advising on energy investments, capital markets, initial public offerings and private equity leads Alpha into a distinguished electric vehicle brand.

Kevin Lee
Chief Of Research & Development

Kevin Lee, Chief of R&D, pioneers electric vehicle innovation at Alpha. With over 17 years of experience, including leading Tesla Model 3's development, he spearheads digital advancements for automotive OEMs and tech companies.

Michelle Quan
Chief Financial Officer

Michelle Quan, President of MTX CPA, boasts 19+ years in public accounting. Her expertise from firms like PwC and RSM US LLP bolsters Alpha's financial strategies, offering comprehensive tax compliance services and GAAP to IFRS reporting conversion.

Kevin Kyung Ho Lee
Chief of Research and Development
Jarod Doran
Senior Engineer

Jarod Doran, with 15+ years in the BEV and hybrid industry, propels Alpha's technological advancement across diverse vehicle sectors, having directed engineering departments in various automotive realms.

Jochen Rudat
Advisory Board

Jochen Rudat's 25 years in the mobility industry, including pivotal roles at Tesla, offer invaluable counsel to Alpha's expansion. His contributions in building Tesla's European business underscore his strategic guidance.

Marty Slater
Advisory Board

Marty Slater's 30+ years in innovative companies like Becton Dickinson and Edwards Lifesciences amplify Alpha's innovation in product development and commercialization, leveraging experience in engineering and high-volume manufacturing.

Noah Goldstein
Advisory Board

Noah Goldstein, a Grammy-winning music producer and industry figure, adds a creative perspective to Alpha Motor. His track record in producing award-winning projects bolsters Alpha's unique approach in the automotive landscape.

Show 3 more people
Oded Tal
Advisory Board

Oded Tal, CEO of MAX Group, brings extensive expertise in operations engineering and executive leadership. His diverse background and ongoing research in industrial engineering propel Alpha's pursuit of automated manufacturing techniques.

Peter Bardenfleth-Hansen
Advisory Board

Peter Bardenfleth-Hansen’s 10-year tenure scaling Tesla in Europe enriches Alpha. His experience in electrification, coupled with roles in e-mobility companies and charge point manufacturing, augments Alpha's mission in the EV ecosystem.

Todd Foley
Government Relations Policy Advisor

Todd Foley leverages extensive business and government experience to drive innovative government relations at Alpha. His background in energy policy ensures Alpha's alignment with sustainable automotive solutions.

Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not required3+ reports filed & assets ≤ $10M

Filed 4 of 4 annual reports (FY2022–FY2025)

596 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-ARMay 5, 20260001959811-26-000001
    EDGAR
  • Form C-ARMay 6, 20250001665160-25-001006
    EDGAR
  • Form C-UMay 2, 20250001665160-25-000976
    EDGAR
  • Form C/AMar 3, 20250001665160-25-000346
    EDGAR
  • Form C/ADec 23, 20240001665160-24-001883
    EDGAR
  • Form C/AOct 31, 20240001665160-24-001516
    EDGAR
  • Form C/AAug 29, 20240001665160-24-001239
    EDGAR
  • Form C/AJun 28, 20240001665160-24-001037
    EDGAR
Source: ManualCIK 0001959811DEShare price $49.90

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.