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Hope to see some competition analysis against Winnebago Solis/Travato or Thor Tellaro (class B from mass production manufacturer). They have the buying power to get chassis cheaper from Ford or RAM, and also other raw material.

Great question! A key competitive advantage is that the CV1 is completely modular. Everything behind the cab area is removable and reconfigurable. Our customers use their CV1s as daily drivers, hauling kids to their activities during the week, picking up plywood and building supplies or adventuring on weekends. As far as we know, the CV1 is the only modular Class B camper van built by an RVIA certified RV manufacturer, and we have two utility patents pending to protect our designs. Unlike the...

I had missed the last time when you raised on StartEngine ,i am very excited and looking forward to invest now. However, noticed that the Valuation has increased by 7 million (from June when you had raised on StartEngine), please can you explain or cite revenues/reasons for th...

Thanks for your interest in ModVans! In the last 6 months, we successfully moved from a 2,400 square foot shop with 1 lift to 8,400 square feet with 4 lifts and grew production from 2 vehicles per month to 6 per month. With a resulting Annual Run Rate of $6.3M, we believe that a valuation increase was in order. The legal name for ModVans is WebTez, Inc. d/b/a ModVans: https://www.sec.gov/Archives/e...

Hi! Very intriguing idea. I like the ease of mobility it offers versus classic RVs. My questions for you are as follows: as a new brand of cars with potential unforseen issues, in an industry that's hot with technical glitches lawsuits, how are you prepared to handle situation...

Right now, marketing is easy because despite growing production capacity several times, and spending no money directly marketing our products, we continue to have more sales than production capacity. In the near term, we plan to market our investment campaigns. As we learned from our first RegCF, marketing investment campaigns brings in investors and investment capital, and it has the additional benefits of marketing our products and building a fan base. Medium/l...

I have 2 waiting list accounts on start Engine. Are you done with the list

The last investment to complete on the StartEngine RegCF campaign was 6/17/2020. We do not expect any investors on the StartEngine waitlist to be able to complete their investment.

ModVans

Camper vans of the future: $10M+ revenue with 100+ vehicles delivered

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modvans.com

Oxnard, CA

Female Founder Ecommerce Travel & Tourism B2C Transportation

Investor Panel

Luke and Ali interviewed ModVans on November 27, 2020. Play Video

Luke Iseman

Founder of boxouse, growerbot, Soil IQ, Dirtnail, and more. Former Director of Hardware at Y Combinator.

Ali Ahmed

Co-founder and CEO of Robomart

Strengths

says, "Compelling product in a hot space with lots of preorders!"

says, "Lots of demand for product."

Advice

says, " More clarity on why/if you need to raise money vs. funding upgrades to your existing factory from revenue/deposits, would be helpful."

says, "Explore additional business models that enable scaling."

What Investors Say

Tech and Outdoors Enthusiast

LEAD INVESTOR

Invested $10,000 this round

I strongly believe that ModVans has a differentiating product with its modular designs. The amount of features and technology inside the van is impressive by itself. What elevates the product is the flexibility of using the vans for day-to-day activities. This helps regular families to enjoy the camper life since it is usually hard to commit to a dedicated camper vehicle. I have been observing ModVans for a while (I do regret not investing earlier). The team has shown dedication to quality, its customers and its employees especially during the difficult times. I see them scaling to larger demand as the next big challenge and I want to help them succeed. I am very impressed with their journey so far.

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ModVans

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$413,645

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