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Rumble Motors

Operating

Rumble Motors, Inc.

Transportation · Sacramento, CA · Founded 2019

Zero Emission Electric Bikes—Who Said "Fun to Ride" Can't Be Eco-Friendly...

Post-money valuation ⓘ
$18.0M
As of Jul 2023 · from Reg CF Offering (2023) · pre-money + amount raised, not a traded price
Total raised
$824,463
Across 2 rounds since 2019
Latest share price
$14.00
Reg CF · Common Stock · Mar 2023 offering price

Financials

FY2017–FY2022 · from SEC filings · hover any figure for its source
$0
2017
$182K
−$115K
2018
$135K
−$124K
2019
$261K
−$437K
2020
$551K
$8K
2021
$212K
−$27K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2017 unaudited
FY2018 reviewed
FY2019 reviewed
FY2020 reviewed
FY2021 audited
FY2022 audited
Income statement
Revenue
$0
$181,625
$135,434
$260,839
$550,542
$212,347
Cost of goods sold
$0
$246,316
$214,809
$161,146
$323,641
$171,560
Gross margin
—
-36%
-59%
38%
41%
19%
Net income
$0
-$114,526
-$123,757
-$436,911
$8,452
-$27,365
Taxes paid
$0
$0
$0
$0
$0
$0
Balance sheet
Cash
$0
$3,041
$1,922
$60,988
$41,380
$275,463
Accounts receivable
$0
$0
$0
$1,915
$65
$65
Total assets
$0
$156,425
$18,282
$291,089
$290,588
$545,428
Short-term debt
$0
$0
$7,070
$0
$11,894
-$5,284
Long-term debt
$0
$0
$0
$10,381
$0
$0
Total liabilities
$0
$0
$7,070
$10,381
$11,894
-$5,284
Other
Headcount
—
13
13
13
13
13

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
$12.0M
pre-money
$18.0M
pre-money
Reg CF · Common · Dec 2019
Reg CF · Common · Mar 2023

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

Share price over rounds

log scale
$14.00$4.0557$1.1749
Jul 2019Mar 2023
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

Raised $19.8K / $4.2MInvestors 56Post-money $18M
Raised $804.7K / $1.1MInvestors 2,374Post-money $12.8M

Team

13 people
Reza (RJ) Khademi Jr.
CEO

RJ Khademi is the co-founder and CEO of Rumble Motors, a company dedicated to revolutionizing the electric vehicle market. With a background in product development dating back to 2005, RJ has the experience and expertise to turn his vision into a reality. When he first founded Rumble Motors, RJ's primary goal was to address the missing piece in the electric vehicle market: a reliable and efficient battery solution. With a passion for innovation and a strong network of engineers, he set out to develop the BLIXT Super Capacitor Graphene Battery, a cutting-edge technology that has the potential to transform the way we think about electric vehicles. Under RJ's leadership, Rumble Motors has grown into a thriving company, bringing clean, efficient, and innovative transportation solutions to the world. Whether it's through the development of new battery technology or the production of world-class electric vehicles, RJ is dedicated to making the future of transportation a reality. RJ is based in Sacramento CA and works 40h per week for Rumble Motors

Reza Khademi
CEO
Gavin Veiga
Head of Media

Gavin Veiga is a filmmaker and photographer from Sacramento, California. Gavin sees the world through the lens of a camera and finds beauty in ordinary, everyday things. He pays careful attention to produce the most aesthetically pleasing imagery he can. Gavin has worked on small and large creative projects and everything in between, he enjoys the company of fellow creatives and using his vision to inspire others. Gavin is based in Sacramento CA and works 25-30h per week for Rumble Motors

Niaz Nezhadian
Head of Communications

Niaz is seasoned communication professional with a passion for innovation and a background in public relations in Sweden. In 2018, he joined Rumble Motors, a company dedicated to revolutionizing the transportation industry, and has since been instrumental in building the company's brand and reputation on the global stage. As the head of Rumble Motors' International Communications, Niaz is responsible for creating and executing a comprehensive communications strategy that promotes the company and its products to a broad audience. With his expertise in public relations, he has successfully raised the profile of Rumble Motors, establishing the company as a leader in the electric vehicle market. Niaz is based in Sweden but travels frequently between Sweden and the US, Niaz works 20-25h per week for Rumble Motors

Rasmus Simons
Head of Business Development

Rasmus joined Rumble Motors in 2018. He is a successful entrepreneur, and before, Rumble was running a startup company himself. He has since sold it and is now working full-time with Rumble Motors. He is in charge of shepherding the company's growth and profit. Rasmus is also working to create long-term value for our customers. In this capacity, he reached out to Jonathan and his brothers to revamp Rumble Motor's promotional material. Rasmus is based in Sweden but frequently travels between Sweden and the US, Rasmus works 20-25h per week for Rumble Motors

Ali Hosseinlou
Software engineer

Ali is an adept software engineer from Berkley, California who brings his extensive experience and expertise to the fields of software development and UI design. By obtaining a computer science degree from UC Davis, Ali has learned how to be a powerful asset in leading software teams and helping clients effectively achieve their goals. His passion for technology and drive to learn have enabled him to excel in both technical and managerial roles. Ali is an electric bike enthusiast and experienced rider, bringing in a unique and valued perspective to his work at Rumble Motors. Ali is based in Sacramento CA and works 20-30h per week for Rumble Motors

Janet Arellano
Managing Director

Janet is a highly experienced and dedicated managing director at Portal Pacific US. With a proven track record of success and a passion for driving business growth, she has been a valuable asset to the company since she joined in 2018. As the managing director, Janet plays a crucial role in shaping the future of Portal Pacific US. She is responsible for developing and executing the company's business strategies, providing strategic advice to the board and CEO, and guiding the company toward its milestone achievements. Janet's expertise in business management, combined with her dedication to driving results, makes her a valuable member of the Portal Pacific US team. Under her leadership, the company continues to grow and thrive, delivering innovative solutions to its clients and solidifying its position as a leader in its field. Janet is based in Sacramento CA and works 10-15h per week for Rumble Motors

Joacim Karsch
Product Manager

Joacim joined Rumble Motors in 2018, he has a sales and marketing background, but his passion is project management. This was a perfect fit for Rumble Motors, and Joacim started to work closely with the design team to fine-tune parts acquisition and quality control. His work ensures streamlined part sourcing both for production and for future prototypes. Joacim is based in Sweden but frequently travels between Sweden and the US. Joacim works 20-25 hours per week for Rumble Motors.

John Khademi
Business development

John is a seasoned executive and visionary entrepreneur who has dedicated his career to revolutionizing the transportation industry. With a background in business and a passion for innovation, he co-founded Rumble Motors to pursue this goal. In 2019, John stepped into the role of business developer at Rumble Motors, where he has since been instrumental in expanding the company's reach domestically and internationally. With a focus on forging partnerships with leading distribution companies in the United States and establishing a presence in Europe, John has played a vital role in bringing Rumble Motors' cutting-edge technology to a global audience. Whether leading distribution efforts, working with international partners, or overseeing the company's overall growth, John is committed to making Rumble Motors a leader in the electric vehicle market. Under his leadership, the company is well on its way to achieving this goal and making the world cleaner and more efficient. John is based in Sweden but frequently travels between Sweden and the US, and John works 20-25h per week for Rumble Motors.

Show 4 more people
Mohammad Noureddine
Mechanical engineer

Mohammad is a mechanical engineer who has a background in design, manufacturing, and energy. He heads the R&D department at Rumble Motors helping plan, test, and finalize electric motorcycle designs before they go into mass production. His main focus has been to undermine the completion and bring the best possible product to market. He has been a key asset in bringing the BLIXT supercapacitor battery to market. Mohammad is based in Sacramento CA and works 20-25h per week for Rumble Motors

Mohsen Jafarimalek
Industrial Designer

Mohsen occupied as a freelance Industrial designer since 2009. His focus is on product design, and have experience working with so many brands these years, including Unilever, Nestle, Staedtler, Dasani, Fabach, and many more. He also won some design awards like the iF design award, Reddot design, and a few others. For the last two years, He part of the concept and design development team of Rumble Motors. He works closely with other team members to shape the aesthetic look of the brand’s future products. Mohsen lives in Texas USA and works 25-30h per week for Rumble Motors

Reza Khademi Sr
Mechanical Engineer & Director

Reza started to build Café racer motorcycles back in 1977 when he began modifying his very first Honda bike. It has remained a passion to this day. Now he uses his industrial engineering skills to create electric motorcycles with the same passion as that first bike over 40 years ago. Reza is based in Stockholm Sweden and works 10-15h per week for Rumble Motors

Sage Northcutt
Brand Ambassador

Sage is the youngest person ever featured on the cover of Sport Karate Magazine and is world-renowned in UFC and Kickboxing with a 15-0 record. Today he is our brand ambassador, and we couldn’t ask for a better face for Rumble Motors. Sage loves electric vehicles and owns a Tesla 3 and a Rumble classic Café Racer that he loves riding daily. Sage dedicates 2 hours of work per month to the company.

Names and titles as disclosed on StartEngine, SEC Form C. 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 7 annual reports (FY2019–FY2025)

2,374 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-UJul 10, 20230001665160-23-001489
    EDGAR
  • Form C-ARApr 28, 20230001665160-23-001008
    EDGAR
  • Form C/AApr 28, 20230001665160-23-001002
    EDGAR
  • Form CMar 3, 20230001665160-23-000351
    EDGAR
  • Form C-ARMar 1, 20230001665160-23-000323
    EDGAR
  • Form C-USep 30, 20220001665160-22-002553
    EDGAR
  • Form C-UJan 20, 20220001665160-22-000116
    EDGAR
  • Form C-AR/ADec 27, 20210001665160-21-002319
    EDGAR
Source: ManualCIK 0001797125CAShare price $14.00

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.