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Elio Motors, Inc.

Operating

Transportation · Phoenix, AZ

Estimated pre-money ⓘ
$300.9M
As of Nov 2015 · from Reg A Offering (2015) · our estimate: offering price × shares outstanding, not a stated valuation
Total raised
$20,035,576
Crowd $16.9M · Private $3.1M · 6 rounds since 2011
Latest share price
$12.00
Reg A+ · Equity · Nov 2015 offering price

Financials

FY2014–FY2020 · from SEC filings · hover any figure for its source
$0
−$24.6M
2014
−$22.6M
2015
−$52.7M
2016
−$23.3M
2017
−$16.8M
2018
−$16.4M
2019
−$18.0M
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2014 audited
FY2015 audited
FY2016 audited
FY2017 audited
FY2018 audited
FY2019 audited
FY2020 audited
Income statement
Revenue
$0
—
—
—
—
—
—
Cost of goods sold
$4,772,722
—
—
—
—
—
—
Net income
-$24,590,607
-$22,594,195
-$52,719,773
-$23,258,987
-$16,819,018
-$16,406,842
-$17,973,372
Balance sheet
Cash
$374,652
$6,870,044
$120,206
$7,155
$100,241
$80,614
$130,915
Accounts receivable
$0
—
—
—
—
—
—
Total assets
$31,873,322
$38,536,908
$21,060,787
$19,611,908
$17,709,393
$16,651,594
$16,597,494
Long-term debt
$58,626,671
—
—
—
—
—
—
Total liabilities
$61,808,677
$71,827,608
$93,019,338
$96,511,230
$105,104,677
$119,263,718
$137,095,749
Other
Headcount
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
$300.9M
est. pre-money
Reg A+ · Equity · Nov 2015

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.

Cap table

Share counts as of Dec 31, 2021
Preferred stock · 0.17%Common Stock · 99.8%
ClassOutstandingVotes / shareShare of totalLast price
Preferred stockpreferred50,000—0.17%—
Common Stock29,569,606—99.8%$12.00Nov 2015
Total29,619,606100%

Shares outstanding over timein today's share terms

30M15M0
Dec 2014Dec 2019
Common StockPreferred stockRound openedSplit / conversion

Changes in named holdersshares in today's terms · % of all shares at the time

Principal holders% as the filing states it, May 2, 2022

  • Elio Engineering, Inc12,750,000 Common Stock38.2%of votes
  • Stuart Lichter9,145,611 Common Stock27.4%of votes
  • Paul Elio5,245,000 Common Stock15.7%of votes
  • David Schembri24,000 Common Stock0.1%of votes
  • Everyone else (not named in filings)18.6%

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 $16.9M / $25.1MEst. pre-money $300.9M
Raised $2.5MInvestors 1
Raised $215KInvestors 4
Raised $100KInvestors 1
Raised $150KInvestors 1
Raised $150KInvestors 1

Team

14 people
Paul Elio
Chairman and Chief Executive Officer
Chip Stempeck
Vice President of Customer Experience
Connie Grennan
Chief Financial Officer
Don Harris
Vice President of Retail Operations
Gino Raffin
Vice President of Manufacturing and Product Launches
Hari Iyer
Chief Operating Officer
Jerome Vassallo
Vice President of Sales
Joel Sheltrown
Vice President of Governmental Affairs
Steven Semansky
Vice President of Supply Chain Management
Show 5 more people
Tim Andrews
Senior Vice President of Marketing
David C. Schembri
Director
James Holden
Director
Kenneth L. Way
Director
Stuart Lichter
Director

Names and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

  • Form 1-KMay 2, 20220001493152-22-011793
    EDGAR
  • Form 1-SADec 10, 20210001493152-21-031124
    EDGAR
  • Form 1-KSep 8, 20210001493152-21-022164
    EDGAR
  • Form 1-KSep 8, 20210001493152-21-022161
    EDGAR
  • Form 1-KSep 8, 20210001493152-21-022166
    EDGAR
  • Form 1-SANov 13, 20180001140361-18-042917
    EDGAR
  • Form 1-KJun 8, 20180001140361-18-027806
    EDGAR
  • Form DMay 3, 20180001531266-18-000005
    EDGAR
Source: SEC EDGARCIK 0001531266DEShare price $12.00Last synced Aug 16, 2026

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.