VOLTAIC MARINE
OperatingVoltaic Marine, Inc.
Energy & Cleantech · Cleantech · Beaverton, OR · Founded 2023
Electrifying watercraft
Financials
FY2020–FY2023 · 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.
Share price over rounds
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
Principal holders% as the filing states it, May 13, 2024
- Voltaic LLC (Richard Phamdo acting as Manager and owns 90% undiluted23,034,439 Common Stock38.0%of company
- Cody Covey11,544,874 Common Stock19.0%of company
- Jonathan Yin10,195,929 Common Stock17.0%of company
- Reed Stevens10,323,898 Common Stock17.0%of company
Sold to the crowd
- Reg CF · Mar 202344,668 shares at $1.00$44.7K· 75 investors
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
Team
11 people
Mr. Richard Phamdo has over 12 years of experience in semiconductor and electrical systems development for electric vehicles. He provided system ingredients for use cases in infotainment, networking, connectivity, ADAS, autonomous driving, battery management, charging, commercial energy storage, and data centers. He has a personal passion for the Boating Industry with an extensive network of connections across the industry. He has experience in managing high-volume manufacturing, ecosystem vendors, commercial operations, and vast supply chains. With his personal passion for Water Sports, Richard contributes 14 hours a week to Voltaic Marine, while working at Intel Corp as a Automotive Global Account Director with 3rd party EV OEMs and Autonomous Startups.
Mr. Reed Stevens is a Silicon Valley-based entrepreneur who has founded and led multiple companies over his 20 year career. Serving most often as CEO and Board Director, Reed has lead companies from inception, through capital formation and product development, and into revenue across categories such as smart home IOT, medical devices and motorsports. He is a patented inventor in both electrical and mechanical engineering solutions. Prior to his tech career, Reed was a championship winning race car driver, culminating in his time as a BMW F1 Junior driver. He shares a life long passion for boating with his father and recently took time away from tech to design and build an off-grid cabin in Joshua Tree, California where he got to enjoy his passion for integrated design and engineering.
Mr. Abdul Wariz graduated from the Indian Institute of Technology Chennai in 2017 with a bachelor's degree in naval architecture and ocean engineering. In addition, he has a master's degree in yacht design from Politecnico Di Milano in Milan, Italy. He has an extensive portfolio in Yacht and Small Vessel Designs. Mr. Abdul Wariz serves as the Company's Naval Architect. He has designed the structure, hulls, and compartments of the boat. Contributed to Design and Utility Patent Filings. While working as a Yacht Designer and Naval Architect at Gulf Craft Inc. Abdul contributes up to 20 hours a week to Voltaic Marine.
Bob, Founder of EVDrive, supported Voltaic Marine in Battery Design and Utility Patent Filing. With a decade of experience creating electric vehicles that meet the highest standards of performance and durability, EVDrive is focused on building the components to empower the innovations in transportation that will take us from ICE to all electric. EVDrive provides drive system engineering services as well as electric drive components for high-performance vehicle drive systems.
Chad is a Professional Wake Surfer with a growing career and list of titles in competitions. He is well connected in the Water Sports industry with sponsors such as Rusty Surfboards, AIDE CREW, and Famous Surf Supply. Voltaic Marine is honored to have his support and input in creating some of the industry’s most eco-friendly wakes. Titles: 1st place - CWSA North American Championship 1st place - CWSA 10k Lakes Open 2nd place - CWSA World rankings 3rd place - CWSA World Wakesurf Championships 3rd place - CWSA World Wakesurf Championship 3rd place - Wild West Shootout AZ
A recent graduate of Cornell University with a degree in mechanical engineering. During his time at Cornell, gained professional experience working for Pure Watercraft and completed projects in the design and fluid analysis of wind turbines and water pumps. He was a semi-finalist in robotics competitions and a finalist in the NASA Hunch program. With his strong background in engineering and passion for watercraft design, Chase is well-equipped to bring Voltaic to the next level and make a splash in the industry.
15 years of experience, as General Manager at Active Water Sports one of the largest Boat Dealers in the Pacific Northwest. Vast knowledge of forward-looking trends and customer input. Dan is very excited to advise Voltaic Marine and see how electric boats will impact water sports and the boating industry.
Paul, President of EVDrive, supported Voltaic Marine in Battery Design and Utility Patent Filing. With a decade of experience creating electric vehicles that meet the highest standards of performance and durability, EVDrive is focused on building the components to empower the innovations in transportation that will take us from ICE to all electric. EVDrive provides drive system engineering services as well as electric drive components for high-performance vehicle drive systems.
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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 2 of 4 annual reports (FY2022–FY2025)
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
SEC filings
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.