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This isn’t LIT MOTORS’s most recent raise. Reg CF · SAFE · Feb 2026 (Closed) is more current.View latest round
LIT MOTORS

Reg CF · SAFE · May 2024

ClosedReached targetReg CFSAFE
via WeFunderView campaign
Raised
$1.9M / $5M max
38% of ceiling · target hit day 3
Investors
—
—
Valuation cap
$90M
cap, not an agreed valuation

Raised over time

Cumulative raisedInvestors
$1.9M$941K$0
1.1K5480
May 13, 2024 · openedApr 25, 2025 · last reading
Target ($300K) hit — May 16, 2024, day 3$1.0M raised — May 16, 2024Deadline Apr 30, 2025 — 5 days out

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via WeFunder; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2022–FY2023 · hover for source
$0
−$556K
FY2022
$0
−$939K
FY2023
RevenueNet income
Metric
FY2022 audited*
FY2023 audited
Income statement
Revenue
$0
$0
Cost of goods sold
$0
$0
Net income
-$556,331
-$939,282
Taxes paid
$0
$0
Balance sheet
Cash
$50,156
$48
Accounts receivable
$0
$0
Total assets
$853,460
$700,396
Short-term debt
$6,200,419
$6,200,419
Long-term debt
$1,108,507
$2,674,953
Total liabilities
$7,308,926
$8,875,372
Other
Headcount
—
4

The fiscal years the issuer disclosed in this offering’s filing, as filed. Full history on the company page.

Deal terms

Valuation cap$90M ($81M early bird)

Perks

First $1.5M of investments will be in a safe with a $81M valuation cap and 10% discountfirst $1.5M

Offering details

Target$300,000
Max$5,000,000
Min investment$100
OpenedMay 13, 2024
DeadlineApr 30, 2025
ClosedApr 30, 2025
Days active352

Links & provenance

Campaign pageSEC filing
Source: Manual
0001670254-24-000584

About this data. Raised amounts and investor counts come from the platform listing and may lag or be restated; SEC-reported totals can differ until the next Form 1-Z/C-U. Post-money valuation is computed as pre-money plus amount raised and is shown once the round closes — it is not a traded price. Financial statements are as reported by the issuer. 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.