Atlis Motor Vehicles, Inc.
OperatingAtlis Motor Vehicles, Inc
Energy & Cleantech · Mesa, AZ
The electric pickup truck with no compromises
Financials
FY2015–FY2024 · from SEC filings · hover any figure for its sourceChart shows the most recent 8 fiscal years; 2 earlier years are in the table below.
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 inBlue bars are the pre-money valuation the company stated for a priced round. Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.
Share price over rounds
“Today's shares” restates every price in the share terms current now, so a price before a split or an LLC→corporation conversion is divided by that event's ratio (each event is cited on the round page). 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 Sep 22, 2022| Class | Outstanding | Votes / share | Converts | As converted | Votes | Liquidation | Last price |
|---|---|---|---|---|---|---|---|
| Class C Common Stock(as of Jun 29, 2022) | 5,000 | 1 | 15 × Class A Stock | 0.21% | 0% | paid 1st | — |
| Class D Common Stock | 28,425,370 | 10 | 1 × Class B Common Stock of ATLIS | 77.9% | 97.3% | — | — |
| Class A Common Stock | 7,996,069 | 1 | — | 21.9% | 2.74% | — | $47,640.00Nov 2021 |
| Total | 36,426,439 | 36,496,439 as converted | 100% | 100% |
Shares outstanding over timein today's share terms
Changes in named holdersshares in today's terms · % of all shares at the time
- Annie Pratt423 (7.42%) Jun 2020 → 569 (3.29%) Jul 2021 → 2K (19.1%) Apr 2022 → 2K (19.7%) May 2022 → 7K (64.6%) Aug 2022 → 2K (17.1%) Aug 2022 → 3K (25.1%) Apr 2023 → 4K May 2024 → 79K Apr 2025
- Britt Ide18 (0.15%) Apr 2023 → 458 Apr 2025
- Mark Hanchett3K (58.5%) Jun 2020 → 4K (21.8%) Jul 2021 → 6K (58.1%) Apr 2022 → 6K (59.2%) May 2022 → 7K (64.6%) Aug 2022 → 6K (52.0%) Aug 2022 → 8K (67.8%) Apr 2023 → 9K May 2024 → 201K Apr 2025
Principal holders% as the filing states it, Apr 30, 2025
- Mark Hanchett200,692 Class B common stock71.8%of Class B common stock
- Annie Pratt78,812 Class B common stock28.2%of Class B common stock
- Mark Hanchett32,735 Class A common stock1.4%of Class A common stock
- Annie Pratt24,246 Class A common stock1%of Class A common stock
- Britt Ide458 Class A common stock—of votes
- Sarah Wyant830 Class A common stock—of votes
Sold to the crowd
- Reg CF · Mar 20181,227 shares at $870.00 in today's terms · sold as 3,681,351 shares at $0.29; since then a 1-for-150 reverse split (Dec 2023), a 1-for-20 reverse split (Mar 2025)$1.1M· 2,984 investors
- Reg CF · Dec 201959 shares at $17,790.00 in today's terms · sold as 178,339 shares at $5.93; since then a 1-for-150 reverse split (Dec 2023), a 1-for-20 reverse split (Mar 2025)$1.1M· 1,890 investors
- Reg CF · Aug 2021131 shares at $38,220.00 in today's terms · sold as 392,452 shares at $12.74; since then a 1-for-150 reverse split (Dec 2023), a 1-for-20 reverse split (Mar 2025)$5M
- Reg A+ · Nov 2021304 shares at $47,640.00 in today's terms · sold as 913,454 Class A Common Stock at $15.88; since then a 1-for-150 reverse split (Dec 2023), a 1-for-20 reverse split (Mar 2025)$14.5M
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. “As converted” counts each class in the shares it converts into. 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
Team
9 people
Mark Hanchett has over ten years of product development experience with 16 successful electromechanical and software product launches. Mark Hanchett brings a passion for solving hard problems in product strategy, design, manufacturing, and business operations, while continuously driving a focus on the best possible customer experience. Mark has served as Founder, DIrector, and CEO of Atlis Motor Vehicles since inception in 2016. Before starting Atlis Motor Vehicles, Mark Hanchett was a director at Axon Enterprise Inc from 2012 to 2017, leading teams in the development of innovative hardware and software products for law enforcement. From 2007 to 2012 Mark Hanchett served as a senior mechanical engineer and project manager leading cross-functional teams through design and development of innovative conductive electrical weapons at Axon Enterprise inc.
Greg comes from a background in IT where he became involved with an automotive software startup company. Moving through a variety of roles including CTO, COO, and VP of IT Operations, he was a key asset in building the company to 150+ employees and executing an acquisition by AutoTrader.com. Since then he has been consulting with a variety of businesses and partnered with, invested in, and project managed other startups. Greg has been a lifelong motorsports enthusiast, having raced Porsches and motorcycles, and off-roading in a variety of trucks and SUVs. He’s been living the EV life since 2014 and is actively involved in many EV advocacy groups, now having 3 electric vehicles of his own on both four wheels and two.
Derek's love for the automotive industry started with his first truck - researching trucks and imagining a way to design and modify them. After graduating with a degree in Mechanical Engineering from the University of Maine, he moved to Michigan to work with IAV Automotive Engineering at the Chrysler Proving Grounds. Derek spends most of his personal time designing and implementing his ideas into truck builds. He is designing, testing and validating the suspension and chassis designs for the Atlis Motor Vehicles XT and XP.
Ishaan completed his bachelor’s in electrical engineering from University of Pune (India) and then pursued a master’s (MSc) from Arizona State University in Electrical Engineering with specialization in Power Electronics, Li-ion battery applications and Electrical Machines. He is passionate about Electric Vehicles (EVs) and believe that it is the future to come. Ishaan has been involved in many projects related to electric vehicles like design of DC motor regenerative drive, power split between EV battery unit and ultra-capacitor to improve battery performance, and checking viability of MMC based inverter system for AC motor drive in EVs. Ishaan's thesis "Evaluation of Battery Performance in MMC based BESS" has been accepted at IEEE 2018 ECCE conference and will be published on IEEE website after 27th of September 2018.
Ross has had a varied background within automotive design. After completing the famous Coventry University Automotive and Transport design course he went straight to Turin, Italy where he was lucky enough to work on the interior to the Willys AW380 show car shown in Bologna 2014. From there Ross has been on many smaller scale projects for new and developing brands, designing everything from supercars to trucks. Perhaps the most notable experience is his work at Bollinger Motors where Ross, alongside the owner, designed the Bollinger B1. His growing collection of works can be found on his own site www.macchinadesign.com.
Names and titles as disclosed on SEC Form 1-A, StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.
Reg CF annual-report compliance
Filed 4 of 9 annual reports (FY2017–FY2025)
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
SEC filings
View all 99 filings on EDGAR- Form 10-QMay 15, 20250001214659-25-007631EDGAR
- Form 10-K/AApr 30, 20250001214659-25-006713EDGAR
- Form 10-KMar 17, 20250001214659-25-004401EDGAR
- Form DJan 13, 20250001213900-25-002759EDGAR
- Form 10-QNov 13, 20240001214659-24-018792EDGAR
- Form 10-QAug 6, 20240001214659-24-013896EDGAR
- Form 10-QMay 10, 20240001214659-24-008802EDGAR
- Form 10-K/AMay 1, 20240001214659-24-007927EDGAR
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.