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SONDORS Electric Car Company

Operating

Sondors Electric Car Co

Transportation · Founded 2016

Attractive, affordable electric car

Post-money valuation ⓘ
$80.9M
As of Apr 2020 · from Reg CF Offering (2020) · pre-money + amount raised, not a traded price
Total raised
$1,819,258
Across 5 rounds since 2016
Latest share price
$28.68
Reg CF · Common Stock · Jan 2020 offering price

Financials

FY2014–FY2019 · from SEC filings · hover any figure for its source
$0
2014
$0
2015
$0
−$42K
2016
$0
−$1.1M
2017
$0
−$344K
2018
$0
−$201K
2019
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2014 reviewed*
FY2015 reviewed*
FY2016
FY2017 audited
FY2018 audited
FY2019 audited
Income statement
Revenue
$0
$0
$0
$0
$0
$0
Cost of goods sold
$0
$0
$41,323
$0
$0
$0
Net income
$0
$0
-$42,123
-$1,051,898
-$344,427
-$200,977
Taxes paid
$0
$0
$800
$0
$0
$0
Balance sheet
Cash
$0
$0
$830
$62,172
$215,078
$174,977
Accounts receivable
$0
$0
$0
$0
$0
$0
Total assets
$0
$0
$830
$62,172
$229,578
$174,977
Short-term debt
$0
$0
$0
$92,630
$257,844
$368,193
Long-term debt
$0
$0
$0
$0
$0
$0
Total liabilities
$0
$0
$800
$92,630
$257,844
$368,193
Other
Headcount
—
1
0
0
1
1

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
$33.0M
pre-money
$79.8M
est. pre-money
$80.4M
pre-money
Reg CF · Common · May 2017
Reg A+ · Equity · Jul 2017
Reg CF · Common · Jan 2020

Blue 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

$28.6801$14.34$12.00
Sep 2016Jan 2020
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.

Cap table

Share counts as of Dec 31, 2019
ClassOutstandingVotes / shareShare of totalLast price
Common stock2,802,803—100.0%$28.68Jan 2020

Shares outstanding over timein today's share terms

2.8M1.4M0
Dec 2016Dec 2018
Common stockRound opened

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 $555.1K / $1.1MInvestors 739Post-money $80.9M
Raised $5.8K / $20MEst. pre-money $79.8M
Raised $70K / $70KInvestors 100Post-money $33.1M
Raised $1M / $1MInvestors 1,275

Team

1 person
Storm SondorsFounder
Chief Electric Officer & CEO

Storm Sondors is a highly-skilled specialist in design and manufacturing, and the creator of the award-winning SONDORS Electric Bike. Currently the largest electric bike distributor in the United States, SONDORS Electric Bikes have been sold in 42 countries worldwide. What distinguishes Storm from others in his area of expertise is how he treats design and engineering as his own form of entertainment. He has special interest in personal branding, and he believes the road to success is an arduous one. Storm’s adage is simple; if it isn't relevant enough, people switch the channel. Determined to inspire the world to convert to zero emission vehicles, Storm has successfully raised more awareness of electric technology in affordable transportation than any other company in the industry. He is passionate about lithium-ion batteries, and due to his brand’s success in the marketplace, admits to probably having too much fun with his access to the world’s best electric technologies and resources. Based in Malibu, California, Storm also enjoys beach life, surfing and stand-up paddle boarding.

Names and titles as disclosed on SEC Form 1-A, SEC Form C, StartEngine. 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 10 annual reports (FY2016–FY2025)

1,275 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-UOct 7, 20220001665160-22-002704
    EDGAR
  • Form C-AROct 26, 20200001665160-20-001347
    EDGAR
  • Form C-UMay 5, 20200001665160-20-000558
    EDGAR
  • Form 1-KMar 9, 20200001104659-20-030440
    EDGAR
  • Form 1-SAMar 9, 20200001104659-20-030443
    EDGAR
  • Form C/AMar 2, 20200001665160-20-000186
    EDGAR
  • Form C/AFeb 6, 20200001665160-20-000088
    EDGAR
  • Form C-ARJan 31, 20200001665160-20-000069
    EDGAR
Source: ManualCIK 0001683872Share price $28.68

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.