Eli Electric

EVs for Urban Drivers

Company Information

Website:

https://www.eli.world/

Sector:

Other Transportation

Location:

Los Angeles, CA

From carmakers to the White House, nearly everyone is pushing toward a future with electric vehicles (EVs).

But for those living in urban areas, a unique type of EV is necessary — one that’s compact, efficient, and affordable. That’s what Eli Electric is creating.

This company has developed an EV that is specifically designed for urban residents. It’s half the size of conventional cars, up to ten times more energy efficient, and sells for less than $12,000.

Eli Electric has sold more than 100 vehicles throughout Italy, Germany, and Austria. Now the company is seeking capital to begin sales in the U.S. later this year.

Team Background

Marcus Li - Founder & CEO
Cody Dumont - Managing Director

Co-Investors

Raising
$3.18 million
Committed
$622.015K (20%)
Current Valuation
$57.71 million
Min. Investment
$448
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
Notable Investors
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