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REVO POWERTRAINS

Operating

Wrightspeed, Inc.

Industrial & Manufacturing · Founded 2005

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Zero emissions powertrains for commercial trucks and buses

Post-money valuation ⓘ
$65.0M
As of Mar 2023 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$31,108,400
Crowd $0 · Private $31.1M · 5 rounds since 2015
Latest share price
$0.83
Reg CF · Preferred Stock · Dec 2022 offering price

Financials

FY2020–FY2021 · from SEC filings · hover any figure for its source
$0
−$10.3M
2020
$0
−$13.7M
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 audited
FY2021 audited
Income statement
Revenue
$0
$0
Cost of goods sold
$0
$0
Net income
-$10,300,084
-$13,748,238
Taxes paid
$0
$0
Balance sheet
Cash
$2,037,974
$1,535,464
Accounts receivable
$0
$0
Total assets
$6,322,497
$4,581,463
Short-term debt
$18,841,360
$31,934,883
Long-term debt
$0
$0
Total liabilities
$18,841,360
$31,934,883
Other
Headcount
—
9

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
$65.0M
pre-money
Reg CF · Preferred · Dec 2022

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

Share price over rounds

$0.83$0.415$0.287
Jul 2020Dec 2022
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.

Fundraising history

Reg CF · Preferred Stock · Dec 2022Withdrawnvia StartEngine
Raised $23.7K / $1.2MInvestors 38Post-money $65M
Section 4(a)(2) · Series AA Preferred Stock · Jul 2020Closed
Raised $6.6M
Rule 506(b) · Equity · Jun 2019Closed
Raised $11.4MInvestors 23
Rule 506(b) · Equity · Mar 2017Closed
Raised $8MInvestors 1
Rule 506(b) · Equity · Jul 2015Closed
Raised $5MInvestors 19

Team

2 people
Kevin Landis
CEO and Director
David F Welch
Director

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not obligated

never closed a Reg CF raise

38 investors
holder-count proxy

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

SEC filings

  • Form C-WMar 13, 20230001665160-23-000401
    EDGAR
  • Form CDec 13, 20220001665160-22-003056
    EDGAR
  • Form D/AAug 30, 20190001567619-19-017729
    EDGAR
  • Form DAug 28, 20190001567619-19-017612
    EDGAR
  • Form DMar 22, 20170001648799-17-000002
    EDGAR
  • Form DJul 23, 20150001648799-15-000001
    EDGAR
Source: ManualCIK 0001648799Share price $0.83

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.