Invest in
Olympian Motors, Inc.

Open Series-A Round:

July 2024

$4.76

Share Price

82%

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

$36M+

Revenue backlog

477

Pre-orders

Series-A

Stage

$5M+

Raised to date

Olympian O1

In The News

Our Notable Investors

Our Partners

Olympian Model 01 and Model 84

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
Olympian Model O1 electric vehicle

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

  • 357 Paid Pre-orders
  • $29M 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
Olympian Model O1 electric vehicle

Key Metrics

Olympian EV Shipments (Units)

Olympian Projected Revenue ($)


Model O1 x Prototype

Brooklyn Navy Yard, New York

Battery Efficiency of Electric Vehicle OEMs

(Intracity miles/kWh, 2023, United States)


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

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