Freedom Motors
OperatingFREEDOM MOTORS INC
Industrial & Manufacturing · Dixon, CA
Rotapower Rotary Engines and Gen-sets Experience the Engine of Freedom
Financials
FY2016–FY2019 · from SEC filings · hover any figure for its sourceFigures 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.
Fundraising history
Team
17 people
Mr. Sastry has many years of experience as a senior engineer at companies like Intel Corporation, Freescale Semiconductor Inc, and Marvell Semiconductors Inc. More recently he has been a Principal Engineering Consultant for Infosys in their IoT Practice in Sacramento, CA. Mr. Sastry manages the company’s IT systems, social media presence and participates in on-going business development activities. Mr. Sastry holds a BSc and MSc degrees from Ohio State University in electrical engineering. He has been full time with Freedom Motors since October 2017. During 2015-2017, he was a Principle Consultant with Infosys Ltd. in the IoT Practice of Engineering Services.
Prior to joining Freedom Motors Dr. Paluru was appointed to the US Government’s Senior Executive service (SES) in 2014 during President Obama’s administration. As a SES, Dr. Paluru lead Western Area Power Administration’s (WAPA) Sierra Nevada Regional Office (SNR) headquartered in Folsom, CA. Under his leadership SNR marketed power in northern and central California, and portions of Nevada, to wholesale customers and Federal end-use customers such as towns, rural electric cooperatives, public utility and irrigation districts, Federal, state, and military agencies, Native American tribes and U.S. Bureau of Reclamation customers. The power that the SNR region markets is generated by power plants owned and operated by the Bureau of Reclamation, in the California Central Valley Project, including those at Shasta, Folsom, Trinity and New Melones dams. SNR imports additional power over the Pacific Northwest-Pacific Southwest Intertie and the California-Oregon Transmission Project 500-kilovolt lines linking northern and central California to the Pacific Northwest. The power served by SNR is equivalent of the annual electrical needs of 650,000 Californians and sells about 5.5 billion kilowatt hours of power in an average water year. SNR also operates over 18 high voltage sub-stations and about 1500 miles of transmission line from 69 to 500 KV transmission lines. Dr. Subhash Paluru has over two decades of experience in the utility industry with extensive knowledge and expertise in Power Systems Engineering, Power Operations, Power Marketing, SCADA Operations, Information Technology, Substation Automation, Reliability Compliance, Physical and Cyber Security. Dr. Paluru also served in several leadership roles in Information Technology, Power Operations, Critical Infrastructure, Reliability Compliance, Physical and Cyber Security. Dr. Paluru has also advised several large utilities like Bonneville Power Administration (BPA) in the area of Technology and Innovation in power industry for improving the operation and modernization of North America’s power transmission grid. Dr. Paluru also sponsored and oversaw several endeavors in WAPA such as Innovation, Inclusion & Technology, Power Systems Operating Council and, Organizational Leadership Development. Dr. Paluru also participated as a senior leader in endeavors like Inclusion and Diversity, Women Employees Resource Group and Organizational Change Management. Dr. Paluru is very well known authority in utility leadership. He represented WAPA in national organizations like Peak Reliability and Electric Power Research Institute (EPRI). Dr. Paluru holds a PhD in Physics in the field of High Temperature Superconductors and its applications.
Mr. Verbeke is the president and founder of Alturdyne, a company that designs and manufactures engine systems for commercial, industrial, and governmental applications using gas turbine, reciprocating, and rotary engines. His professional experience includes starting Verbeke and Associates, a consulting engineering firm supporting such firms as Solar, Lear Motors, Sun Electric, Universal Electric, etc., in the application of gas turbines within industry. Mr. Verbeke has a BSME from the University of Michigan, and is a Registered Professional Engineer in California, Nevada, Oregon, Arizona, and Virginia. He is a member of several professional organizations as well as an author of various technical papers and pending patents. Mr. Verbeke is part-time on our board of directors.
Mr. Stevens received his B.S in Electronic Engineering from Brigham Young University in 1984. He then joined General Research Corp. working on their advanced missile fire control and guidance systems. In 1993 he received a B.S. in Mechanical Engineering from California State University where he also did graduate work on engine and hybrid car development. He then joined GSC Inc. where he was a program manager during their development of two stroke diesel engines. In 1997 he joined the company and was program manager during the development of its Rotapower® engine and propulsion systems for the Skycar Volantors and Aerobots. He has been full time with Freedom Motors since then.
Mr. Stewart has over 20 years of experience managing public relations for several companies. These include Marketing/Communications Manager for DG Systems Inc, Marketing Events Manager for Arthro Care Corporation and Worldwide Marketing Events Manager for Zhone Technologies Inc. Mr. Stewart holds a Bachelor of Arts Degree, College of Communications and Information Studies from California State University and a Master of Business Administration (MBA) from Keller Graduate School of Management, DeVry University.
Dr. Toreson has over 16 years of experience as a chief executive, and over 20 years of experience in manufacturing, including quality control, materials management, JIT production, process control, and manufacturing engineering. He also has eight years of experience in flexible automation, statistical process control (SPC), and quality system including ISO 9000 and Six Sigma programs. More recently as the founder of ONSHORE, a management consulting firm specializing in technology-intensive products and services he has acted as the CEO of Chineseinvestors.com, an Internet portal serving the world-wide ethnic Chinese marketplace for financial services; VP of Marketing and Sales of APPIANT Technology, Inc., a NASDAQ company providing ASP services for speech recognition. Dr. Toreson works full time as CEO or Toreson Industries, and is our current Board Chariman. Dr. Toreson has a BSEE and MSEE from the University of Michigan, a Dr. of Science from the University of Nevada.
Mr. D’Alessandro has over 40 years’ experience managing many types of programs in the oil and gas industry. For the last 25 years he worked for SPEC Services, Inc. as their Principal Project and Process Systems Division Manager leading projects in waste water, landfills, oil production, and power sectors. His experience is remarkably compatible with the company’ present effort to exploit the use of its Rotapower® engine to reduce the global warming effects of methane emissions in those industries Mr. D’Alessandro is experienced with. Mr D'Allesandro is currently retired since 2017, and is part-time on our board of directors.
Mr. Bryant has more than 25 years of successful experience in manufacturing, distribution, dealership, and retail businesses. His background in the powersports industry includes motorcycle, automotive, marine and industrial markets. During the period of 1982 to 1993 Mr. Bryant, as Director of Sales and Marketing, helped position the SuperTrapp Industries subsidiary of Moller International as the leading and most recognized performance exhaust system/muffler provider in the world. He is currently President of Area P, Inc., a design, engineering, R&D, and manufacturing facility serving the motorcycle and automotive industry. Mr. Bryant is a graduate of MTI Western Business College with a degree in Accounting and Business Mathematics. Mr Bryant is part-time on our board of directors.
Mr. Shanley has been a pilot since 1969, serving with the Royal Australian Air Force in Vietnam in 1971 and has been an enthusiastic supporter of the Skycar project since 1987. Mr. Shanley has a BA in English Literature from the University of Queensland, Australia, is the author of the novel “Strela” and was a magazine publisher and editor from 1987 to 1996. He is presently co-director of a security company based in the United Kingdom providing security at Heathrow, Gatwick, Manchester and Stansted airports, with company revenues in excess of $3m US. Mr. Shanley is also Chairman of Shanley International Ltd., a company set up specifically to facilitate trade with China.
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Dr. Moller founded the predecessor companies to Moller International in 1967 and has served as the company’s President since its formation. He holds a Master in Engineering and Ph.D. from McGill University. Dr. Moller was a professor of Mechanical and Aeronautical Engineering at the University of California, Davis, from 1963 to 1975, where he developed the Aeronautical Engineering program. In 1972 he founded SuperTrapp Industries and was Chief Executive Officer, as SuperTrapp became the most recognized international name in high-performance engine silencing systems. SuperTrapp Industries was sold in 1988. In 1983 he founded Moller International to develop powered lift aircraft and the engines to power them. In 2001 Moller International spun off their engine division, now called Freedom Motors. Dr. Moller has been either Chairman of the Board or President of Freedom Motors since its formation.
Mr. Smith with partners launched Vaco Los Angeles LLC., an accounting firm with working relationships with many Fortune 500 companies including Disney, NBC Universal and Accom. Mr. Smith previously worked for CB Richard Ellis Global Investors as their Senior Manager of Global Financial Reporting and for Universal Studios Hollywood as its Manager of Accounting. Mr. Smith holds a Bachelor of Science Degree in accounting from Fairfield University and a Master of Business Administration (MBA) with emphasis on finance from Pepperdine University.
Mike is the Founder and Chief Executive Officer of Acacia Security, a Maryland Corporation, providing consulting services to enhance the security and resilience of Energy Sector industrial control systems. Prior to founding Acacia Security, Mike was the Senior Cyber Policy Advisor to the Assistant Secretary in the Office of Electricity Delivery and Energy Reliability (OE) at the U.S. Department of Energy (DOE). He was responsible for coordinating all ICS cybersecurity activities that could impact the Energy Sector, to include legislation, policies, threat information sharing, best practices, and research and development. Mike established and led the Cybersecurity Risk Information Sharing Program (CRISP) with the Electricity Subsector; current participants provide electric power to more than half of the continental U.S. customers. Prior to becoming Senior Cyber Policy Advisor, Mike stood up the Global Initiatives Directorate in the Infrastructure Security and Energy Restoration (ISER) Division at DOE. As the first Director, he managed a team of nationally recognized subject matter experts with a multi-million-dollar budget. He led the effort to draft and execute an agreement with the Kingdom of Saudi Arabia (KSA) to provide technical support designed to enhance the security of its critical energy infrastructure. He also co-led and/or supported U.S. delegations to the KSA, Kuwait, Qatar, UAE, Turkey, Kazakhstan, Azerbaijan, and Colombia. After retiring from the U.S. Army Judge Advocate General’s Corps in 2004, Mike was a consultant at Booz Allen Hamilton (BAH) until 2008 when he accepted a position at DOE. While at BAH, Mike supported several Department of Defense offices on a variety of critical infrastructure security programs, to include the Global Information Grid (GIG) Support to Mission Assurance Task Force as well as the Defense Industrial Base Information Assurance Task Force. Mike also supported the Office of the Deputy Assistant Secretary of Defense, Networks and Information Integration/CIO in preparing and publishing the Committee on National Security Systems (CNSS) sponsored white paper “Framework for Lifecycle Risk Mitigation for National Security Systems in the Era of Globalization”. During Mike’s Army career, he served as a uniformed lawyer in a wide variety of domestic, international and combat deployed positions. In 1990, he deployed from Germany with his unit to Operation Desert Storm/Shield. On September 11, 2001 he was sitting in the Pentagon supporting the Army Operation Center as its resident legal advisor when the plane hit the building. Prior to attending college and law school, Mike served in the Air Force as a Ground Radio Repairman. Mike holds a Master of Laws in International and Comparative Law from Georgetown University and another Master of Laws in International and Operational Law from the U.S. Army Judge Advocate General's School. Mike went to University of Oklahoma to get his JD and bachelor’s degree in Political Science and English.
Mrs. Smith has over 20 years of experience in marketing and communications. Most recently she was the Senior Communication Manager for VSP Global and the Director of Marketing for StemExpress LLC. Mrs. Smith holds a Bachelor of Arts Degree from Yale University
Director of Engineering, Techtronic Industries: In this capacity Mr. Sheldon worked closely with the Company in the design, development and testing of its 27cc rotary engine for use in hand-held power tools. Mr. Sheldon has been the Chief Engineering Manager of several engine development programs, including Vice President of Engineering and Business Development for Ryobi Outdoor Products, Chief Engineer at Suhner Manufacturing, Engineering Manager at American Yard Products and at Snapper Commercial Division. While at Outboard Marine Corporation as Senior Project Engineer he spearheaded the design and engineering of a line of rotary engines. OMC was the only company besides Mazda to put a rotary engine into volume production. Mr. Sheldon holds a BME from University of Minnesota and has won a number of awards in engineering. He holds 16 US patents.
Mr. Velandia has a strong background leading backend teams from definition through layout verification. He spent 30 years with Intel as a Managing Design Engineer. Mr. Velandia has a BE, Electrical Engineering from Stony Brook University and a Master of Business Administration (MBA) from California State University.
Mr. Griffith joined the Company in 1987 as Manager of Engine Development. He earned his BS in Mechanical Engineering from the University of Saskatchewan in 1964. Mr. Griffith has a 40-year history in Wankel engine development including Program Manager and Development Engineer at John Deere’s Wankel Engine Division (1984-1987), Senior Technical Specialist in the Wankel Engine Division of Curtiss-Wright (1979-1983), and Wankel Engine Project Engineer for Outboard Marine Corporation (1966-1974).
Mr. Scharft has 25 years in engine development at OMC where he worked for over 10 years as Group Leader in rotary engine research. He was responsible for a number of new rotary engine designs.
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
Filed 1 of 8 annual reports (FY2018–FY2025)
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
SEC filings
- Form C-UOct 11, 20220001665160-22-002739EDGAR
- Form C-ARJun 9, 20200001665160-20-000757EDGAR
- Form C-UJan 7, 20190001665160-19-000029EDGAR
- Form C/AOct 31, 20180001665160-18-001165EDGAR
- Form CSep 4, 20180001665160-18-000881EDGAR
- Form 1-A/AAug 13, 20129999999997-12-012590EDGAR
- Form 1-ANov 14, 20119999999997-11-016671EDGAR
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.