Companies · Manufacturing

Elio Motors, Inc.

PHOENIX · Manufacturing

Diligence memoA one-page analyst read on Elio Motors, Inc. — recommendation, valuation, rhythm, risks.
$3.0M
Total raised · real
4
Rounds
11.6×
Latest step-up
Top 44%
Sector rank · raised
Seed
Latest stage · inferred · Tue Apr 24 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Elio Motors, Inc. looks over-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the manufacturing sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 1.67× the median modeled value of Seed Manufacturing companies in 2016–2018 (141 peers) — value vs value, same stage and era.
  • Issuer reports no revenue, yet is modeled well above niche peers.
Dormant
  • Last raise 8.2 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Manufacturing

Elio Motors, Inc. is one of 3257 Manufacturing companies tracked from PHOENIX. By capital raised it ranks mid-pack (ahead of 57% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
1
Investors (latest)
2017
Year incorporated
2018-04-24
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MPre-Seed · 2011-09-16 Raised $150K (real) Modeled valuation $2.3M (est)$150K$2.3MPre-Seed2011Pre-Seed · 2011-09-16 Raised $150K (real) Modeled valuation $2.3M (est)$150K$2.3MPre-Seed2011Pre-Seed · 2014-02-28 Raised $100K (real) Modeled valuation $1.5M (est)$100K$1.5MPre-Seed2014Pre-Seed · 2015-03-05 Raised $150K (real) Modeled valuation $2.3M (est)$150K$2.3MPre-Seed2015Pre-Seed · 2015-03-05 Raised $215K (real) Modeled valuation $3.3M (est)$215K$3.3MPre-Seed2015Seed · 2018-04-24 Raised $2.5M (real) Modeled valuation $31M (est)$2.5M$31MSeed2018+$150K+$100K+$150K+$215K+$2.5MCumulative $3.3M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$150K · 2011
Pre-Seed extension$150K · 2011
Pre-Seed extension$100K · 2014
Pre-Seed extension$150K · 2015
Pre-Seed extension$215K · 2015
Seed$2.5M · 2018

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$30.7M
Base estimate est.
$2.3M
Conservative case
$240.6M
Upside case
$12.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the manufacturing sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $2.3M · 2011-09-162011Pre-Seed · modeled $2.3M · 2011-09-16Pre-Seed · modeled $1.5M · 2014-02-28Pre-Seed · modeled $2.3M · 2015-03-05Pre-Seed · modeled $3.3M · 2015-03-05Seed · modeled $30.7M · 2018-04-242018
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
41%
Survival probability
18% low · 63% high
1.35×/yr
Annual markup
1.77×/yr upside case
6.0 yr
Elapsed time used
8.2 yr actual, capped for stale marks
manufacturing
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$449K/yr
Capital velocity
14.8 yr
On record since
2011
First round
6
Rounds on file
How it compares to the market

Benchmarked against 3257 companies in Manufacturing. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 1.5× above median
This company$3.0M
Sector median$2.0M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.6× above median
This company$2.5M
Sector median$1.6M
Modeled value — vs sector median (estimate, all stages) 2.6× above median
This company$30.7M
Sector median$12.0M

Raised more than 57% of sector peers (real $). Modeled value above 72% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #30 of 141.

This companyCohort peer
$10.0M$100.0M$1.0M$10.0MCapital raised (log)Bouldin Corp · Seed Raised $7.9M · modeled $49.1M (est)Waterloo Sparkling Water Corp. · Seed Raised $7.2M · modeled $49.1M (est)Edelta, Inc. · Seed Raised $4.0M · modeled $49.1M (est)ProSteel Investment Holdings, LLC · Seed Raised $4.0M · modeled $49.1M (est)ButterCup Bioplastic · Seed Raised $4.0M · modeled $49.1M (est)OHI Orthotics, LLC · Seed Raised $4.0M · modeled $49.1M (est)Arsenal Ultimate Holdco, LLC · Seed Raised $3.9M · modeled $47.2M (est)Piadina Inc · Seed Raised $7.5M · modeled $45.5M (est)VitaHEAT Medical Holdings, LLC · Seed Raised $5.5M · modeled $45.3M (est)Fischer Block, Inc. · Seed Raised $3.8M · modeled $42.7M (est)Material Handling Holdings LLC · Seed Raised $3.5M · modeled $42.3M (est)OMB Holdings LLC · Seed Raised $3.3M · modeled $40.5M (est)Elio Motors, Inc. (this company) Raised $3.0M · modeled $30.7M (est)Elio Motors, Inc.
CompanyStageRaised · realValue · estvs peer med.
Bouldin CorpSeed$7.9M$49.1M2.67×
Waterloo Sparkling Water Corp.Seed$7.2M$49.1M2.67×
Edelta, Inc.Seed$4.0M$49.1M2.67×
ProSteel Investment Holdings, LLCSeed$4.0M$49.1M2.67×
ButterCup BioplasticSeed$4.0M$49.1M2.67×
OHI Orthotics, LLCSeed$4.0M$49.1M2.67×
Arsenal Ultimate Holdco, LLCSeed$3.9M$47.2M2.57×
Piadina IncSeed$7.5M$45.5M2.48×
VitaHEAT Medical Holdings, LLCSeed$5.5M$45.3M2.47×
Fischer Block, Inc.Seed$3.8M$42.7M2.32×
Material Handling Holdings LLCSeed$3.5M$42.3M2.31×
OMB Holdings LLCSeed$3.3M$40.5M2.21×
Elio Motors, Inc. this companySeed$3.0M$30.7M1.67×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$150K2011-09-16$833K$2.3M85%
Pre-Seed$150K2011-09-16$833K$2.3M85%
Pre-Seed$100K2014-02-28$556K$1.5M85%
Pre-Seed$150K2015-03-05$833K$2.3M85%
Pre-Seed$215K2015-03-05$1.2M$3.3M85%
Seed$2.5M2018-04-24$12.5M$30.7M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$150K2011-09-16
    • First recorded raise — entered as Pre-Seed.
    • 1 investor on this round.
  2. Pre-Seed$150K2011-09-16
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  3. Pre-Seed$100K2014-02-28
    • Raised again after 29 mo — slower than the ~12 mo sector norm.
    • Round 1.5× smaller than the prior — bridge or down round.
    • Switched to Rule 506(b) (was Rule 06).
    • 1 investor on this round.
  4. Pre-Seed$150K2015-03-05
    • Raised 12 mo later, in step with the ~12 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • Switched to Rule 506(c) (was Rule 506(b)).
    • 1 investor on this round.
  5. Pre-Seed$215K2015-03-05
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× larger than the prior — scaling up.
    • 4 investors on this round.
  6. Seed$2.5M2018-04-24
    • Raised again after 38 mo — slower than the ~12 mo sector norm.
    • Round 11.6× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 506(c)).
    • 1 investor on this round.
Intelligence
2019 ~Q3
Modeled next raise · ~16mo cadence
$7.5M
Modeled next size est.range $4.9M$12.0M
11.6×
Last step-up
$449K/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Kenneth L. Way1 other2018-04
CONNIE GRENNAN2014-02
David C. Schembri2018-04
DAVID SCHEMBRI2014-02
HARI IYER2014-02
JAMES HOLDEN2014-02
KENNETH WAY2014-02
PAUL ELIO2011-09
STUART LICHTER2014-02
TIM ANDREWS2014-02
Registry & provenance

Elio Motors, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1531266
SEC CIK
2017
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Driv-Lok, Inc.ManufacturingSeed$3.0M$36.4Msame sector · same stage
Dedicated Sound & Audio, Inc.ManufacturingSeed$3.0M$36.5Msame sector · same stage
Capillary Biomedical, Inc.ManufacturingSeed$3.0M$35.4Msame sector · same stage
HydraForce, Inc.ManufacturingSeed$2.9M$36.1Msame sector · same stage
Fibonacci LLCManufacturingSeed$2.9M$36.1Msame sector · same stage
Canterbury Diamond Investors, LLCManufacturingSeed$3.0M$30.3Msame sector · same stage
CFP Chocolate Holdings LLCManufacturingSeed$3.0M$36.8Msame sector · same stage
Connacht Whiskey Co LtdManufacturingSeed$3.0M$36.8Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Evo, Inc.ManufacturingPre-Seed$14.5M83%
EOS Aircraft Inc.ManufacturingSeries B$99.7M82%
TOYO Co., LtdManufacturingPre-Seed$764K82%
Revo Zero CorpManufacturingSeed$10.4M81%
Edison Motors Ltd.ManufacturingSeed$1.5M81%
Hansen Engine CorpManufacturingSeed$23.0M80%
Recaro Automotive North America, Inc.ManufacturingSeed$19.6M80%
Engineered Propulsion Systems, Inc.ManufacturingSeries A$20.0M79%
Frequently asked
How much funding has Elio Motors, Inc. raised?
Elio Motors, Inc. has raised approximately $3.0M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Elio Motors, Inc.'s estimated valuation?
Provath's modeled valuation for Elio Motors, Inc. is approximately $30.7M (modeled range $2.3M–$240.6M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Elio Motors, Inc. at?
Elio Motors, Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Tue Apr 24.
What does Elio Motors, Inc. do and where is it based?
Elio Motors, Inc. operates in the Manufacturing sector, based in PHOENIX.
Explore related

See where Elio Motors, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Elio Motors, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.