Solectrac (Equity)

Funding Details
Awarder
StartEngine
Date Award
December 09, 2020
Vertical
Electric Tractors
Funding URL
View Funding Page
Premoney Valuation
$1,000,000
Valuation
$7,750,000

Company Info
Founding Year
2012
Traction
Sales in Q3 2020 were $257K as of 9/1/20, up more than 4x compared to Q2 2020.
Revenue Amount
$257,000,000
Organizations Involved
None
Founders
Stephen Heckeroth, Heather Paulsen, Nishi Deokule
Company Description
Solectrac designs and sells electric tractors that can replace the diesel vehicles that are widely used in the agriculture industry.
Market
Agriculture
Location
Albion, CA, US
Coinvestors
None

Links
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