Rumble Motors starts crowdfunding

Rumble Motors, based in the US and Sweden responsible for providing sustainable electric bikes, has started a crowdfunding campaign on StartEngine.

Founded as LLC in 2018.  Till date, Rumble has sold 200 units via word of mouth and crowdfunding.

To talk about there products.They have four products in its kitty.

Products

• Rumble Air
• Rumble V3
• Rumble V2 and 
• Rumble Scrambler

Rumble Air comes with below specs. The design of the ‘Air’ is lightweight that adds more efficiency to the bike. Air is entirely hand-built. Well, most importantly, it just weighs 30 kgs.

• Motor 750W
• Aluminum Frame & Forks
• Samsung Lithium-Ion Battery – 48V 14.5AH / Dual Battery Optional 
• Top Speed: 30 mph 
• Throttle Range: Single Battery 38 miles / 60 km-Dual Battery 75 miles / 120 km
• Single Battery Pedal Assistance Range
  • 50 miles/ 80 km
• Dual Battery with Pedal Assistance Range
  • 90 miles / 145 km
• Built-In Wireless Phone Charger!
• Hand-built – to ensure high quality
• Removable Battery
• 7 Gear Standard Bicycle Operation
• Bike weight: 66 lbs / 30 kg
• Wheel size: 20″ / 3″ (inches)
• Brakes: Tektro Brake System

And retails at $2750. 

If you plan to invest. Below details will help you.

Offering Summary

• Company: Rumble Motors, Inc.
• Corporate Address:4563 Maple Crest St, Sacramento, CA 95834
• Offering Minimum: $10,000.00
• Offering Maximum: $107,000.00
• Minimum Investment Amount (per investor):100.00

Terms

• Offering Type: Equity
• Security Name: Common Stock
• Minimum Number of Shares Offered: 1,000
• Maximum Number of Shares Offered:10,700
• Price per Share:$10.00
• Pre-Money Valuation: $12,000,000.00

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