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
- Funding Amount:
- $1,070,000
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