Modern & modular camper vans
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Purchase Price of Security Offered: $5.95
The ModVans CV1 is the superhero of campervans, hauling kids to and from soccer practice by day and road tripping by night. It’s a cargo van for work during the week and a living space for play on weekends. It’s an adventure van that doubles as a daily driver. Originally built to meet the needs and tastes of our founders, Laurie and PJ Tezza, the prototype CV1 quickly caught the attention of countless autobuyers eager for an alternative to stale RV designs. During our first 12 months in business, ModVans has sold over $2.4 million worth of CV1s and achieved positive cashflow with virtually no money spent on marketing or sales. That’s 100% organic growth! ModVans achieved RVIA certification this past February, and customer deliveries began in June. The demand for ModVans far exceeds our present ability to produce them, which is why we are seeking funding now. We need to immediately expand production capacity by scaling our existing model. The goal is to increase sales to $10 million per year within the next 12 months. Our long-term ambition is to disrupt the estimated $900 billion per year combined market for Class B RVs, minivans, SUVs and pickup trucks.
Intermediary Fee: 6%
R&D: 50% - 5%
Operations: 44% - 89%
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