Invest in
Olympian Motors, Inc.
Open Series-A Round:
September 2024
$4.76
Share Price
73%
Remaining
Allocation
2,180+
# of Investors
$20M
Total Raise
Olympian Motors is a next-gen automotive & technology company in New York.
- Manufacturing timeless electric vehicles for North America and Japan.
- Pioneering an open, fully-modular EV platform and operating system.
- An emerging competitor to Tesla, Rivian and Ford.
- Total Fundraising: $20,000,000
- Existing Investors: Y-Combinator, Mobility Vision Fund, Climate Capital, Collaborative Fund, Reunited and executives from Tesla, Nvidia and NIO.
Note: Investment funds and VC/PE/Family offices: For any further details, please us.
KEY TRACTION
$42M+
Revenue backlog
547
Pre-orders
Series-A
Stage
$5M+
Raised to date
Our Notable Investors
Our Partners
Investor Rationale
Disruptive and ambitious EV startup with a unique design approach and modular vehicle technology
- Olympian manufactures passenger electric vehicles with an innovative modular system (MVDS)
- Targeting 7% market share in the U.S. automotive market by 2030
Innovative Modular Vehicle & Drivetrain System (MVDS)
- We engineered 'Olympian MVDS': Built on 4-core-hardware and 2-software modules
- 80% reduction in tooling & machinery costs
- 60% faster production-lead-time compared to legacy automakers
Olympian MVDS:
Modular Vehicle Drivetrain System
Key Traction & Milestones
- 547 Paid Pre-orders
- $42M+ pre-booked revenue
- Commercial Launch in Q4/2024 in NY and CA
- Current Production Capacity (Q4/2024): 320 vehicles
- Estimated Production Capacity (Q4/2025): 24,000 vehicles
Key Projections
Olympian EV Shipments (Units)
Olympian Projected Revenue ($)
Olympian MVDS:
Modular Vehicle Drivetrain System
Model O1 x Prototype
Brooklyn Navy Yard, New York
Open, modular EV configuration.
Modular vehicle architecture
Bringing simplicity to vehicle, E/E, hardware and software architecture.
Reduced tooling & machinery costs
Olympian's open, modular EV changes the conventional car manufacturing process.
Decentralized Production
Olympian is building a decentralized network of manufacturing locations across the U.S.
Open, modular vehicle platform and OS
Creating a next-gen mobility and device ecosystem with our tech partners
Aiming for 100 days from order to delivery
In 2024, only available in California, New York, Connecticut, Washington, Florida.
Less is more
Serene and minimalist car experience.
Investor Testimonials
Adam Kinney
Stripe
I want an EV built with the priorities listed on your site. I don't need tons of horsepower or to look like I'm in a bubble. I want a great user experience. And I think a lot of other people want this as well.
Peter Hildebrandt
Boston Consulting Group
I have loved Electric cars since I drove the first Tesla roadster and I’ve loved James Bond since I was six years old. And I love cars. Talk about a winning combination!
Gibrán Rivera
Biotech Investor
Commitment to the environment, impressed by the technology and appreciating the aesthetic of the design. I could see myself owning one of our vehicles in the future.
Sam Silvers
Reunited Ventures
Olympian has been on my radar since Y-Combinator’s first investment. Their art-deco EVs are brilliant. I took test drives in NYC last month, and Model O1, in particular, captures strong mid-century modern vibes with a James-Bond touch. I’m impressed by both founders. They are ambitious and possess deep technical expertise. Their new ‘Lego-EV‘ system accelerates production by 4-5X. With upcoming launches in NY and CA, it will be interesting to watch Olympian in the next 12 months. I’m investing again because electric vehicles are the future, and Olympian Motors could be a sensational story in that future. I’m excited.
Shepherd King
Manufacturing Founder
I love the innovation and faster production times, as long time to market has plagued the electric car industry in spades. But I also really like the classic / retro design of the cars and the fact that you're using wood and metal on the interiors.
Debby Yacoub
I appreciate the modular construction and the unique aesthetics of your vehicles. I also appreciate that these are made in the US.
Arnie Alger
CFO at Boomanity Corp
Its really not because I am enamored by electric vehicles, but I love your idea of the modular concept. And I love the look of the vehicles. It seems you have a great team which is important. I am an executive with an AR start-up and it is not an easy task, and it takes a lot of patience. Good luck.
Ibrahim Hill
UC Berkeley
I am interested in helping innovative companies that are doing things to help humanity, like this innovative vehicle electrification company.
Keith Freeman
Global Payments Inc.
I invested because the modular concept and the aesthetic design both intrigue me. Future forward.
Aleksander Prudnik
I’m a big fan of the concept of modularity. I truly believe it’s going to be a game-changer in the electric vehicle industry. Also, I’d like to take this moment to give a shout-out to the founders. Keep crushing it!
Randy Stringer
Giant Magellan Telescope
The innovative modular manufacturing and speed to market. This suggests a potential to more rapidly deploy additional models, capitalizing on the aesthetics of EV - which have been lacking in the first generations.
Investor FAQs
Investor relations: [email protected]