VONMERCIER

Bringing imagined vehicles to life—starting with the electric (EV) hovercraft

Claim My Business

Form C

View on Republic

Security Type: Crowd SAFE
Min Investment: $150
Location: SAN FRANCISCO, CA
Offering Date: April 13, 2022
Expected Close Date: September 26, 2022
Target Raise: $25.00K-$1.07M
No. Investors: 110
Security Price: $1
Website: vonmercier.co

Number of Employees: 2
Cash: $344,770
Revenue: $434,862
Short Term Debt: $572,051
Cost of Goods: $191,595
Long Term Debt: $1,259,707
Net Income: $-859,251

Company Description

As an amphibious EV, the Arosa helps reduce global emissions while adapting to a changing climate.

Perks

Reserve
$250
Receive
Arosa magnet

Reserve
$500
Receive
VonMercier Hat

Reserve
$1,000
Receive
All bonus perks above +
VonMercier Shirt

Reserve
$2,500
Receive
All bonus perks above +
Exclusive Q&A with VonMercier team via an online meeting

Reserve
$5,000
Receive
All bonus perks above +
Ticket to ride the Arosa at a live event in Havre De Grace, MD
Limited (25 left of 25)

Reserve
$10,000
Receive
All bonus perks above +
$5,000 discount on purchase of an Arosa
3D printed miniature Arosa
Limited (20 left of 20)

Key Deal Facts

As an amphibious EV, the Arosa helps reduce global emissions while adapting to a changing climate.

Management Team / Advisory Board Bios

Michael Mercier
Founder, CEO, Engineering & Product Development
10 + years inventing, designing, and bringing products to market. Studied mechanical engineering and product development at Virginia Commonwealth University.

Ray Bennett
VP Manufacturing Ops
10 + years experience running projects at both Google and AT&T. Studied industrial and systems engineering at Virginia Tech.

Naomi Schale
Engineering Assistant

Bill Mercier
Investor, Facility Manager

Ben Taber
Industrial Designer

Jennifer Micek
Board Director

Andrew Fritz
Investor, Board Director

Roger Bailey
Advisor - Composites Manufacturing

Amount Raised : $102,751

Reveal the Score by Voting

＿

Additional ratings from other users are needed to determine a viable CrowdScore for this deal.

The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.

ⓘ

The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.

Business Idea

ⓘ

The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.

Business Traction

ⓘ

The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.

Management Team

ⓘ

The value of the company compared to similar companies raising money from investors.

Valuation

Have you done enough research to provide a rating? This is important for your fellow investors.

We only allow one revision to each rating category. Be sure about any changes.

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

Research Reports

No reports have been submitted

Become a Reporter

Read Our Research Disclaimer

0 Comments

To claim your deal, you must have access to @vonmercier.co email

Contact support@crowdlustro.com if you need assistance.

@vonmercier.co