# Paragon Motorcycles, Inc., dba Janus Motorcycles

Building the next great American motorcycle company

- Canonical URL: https://wefunder.com/paragon.motorcycles.inc
- Entity ID: wefunder:company:184008
- Last updated: 2026-06-04T05:03:20Z
- Generated at: 2026-06-04T08:48:39Z

## Quick facts
- Well-established, 14 yr-old company with expansive vision
- Raised more than $3 million in new equity capital over the last 3 years
- C-Corporation with experienced Board of Directors
- Direct-to-consumer business model eliminates dealers and facilitates excellent customer experience
- Tiny percentage of market in growing industry segment (< 450 cc)
- Predominately U.S. made product line, with new product launch opportunities to expand
- Enthusiastic, cult-like owner base and following
- 30,000-name buyer and potential buyer email list represents proven distribution outlet

## Active fundraises
- wefunder:fundraise:144473: 4(a)(6) successful (USD)
- wefunder:fundraise:144472: 4(a)(6) successful (USD)

## Story
Forward-looking statements are not guaranteed.1. You will be investing in a company with founder/management that is committed to growth, and the value of your investment is tied to the revenue growth rate.Richard Worsham, Notre Dame educated with a Master of Architecture, is not only the company co-founder but also CEO today. He is a strong, young, leader with high aspirations for himself and the company.Richard is a known figure in the motorcycle world and has established himself as such in part due to the weekly “Ramblestream” live show he puts on each week at 7 pm EST as well as his book, “The Rambler’s Companion,” in addition to motorcycle designs that harken back to another era.2. Buying in at $33 a share has the opportunity to be worth five to ten times more in the next five to ten years (not guaranteed). At $10 mill revenue the firm should be earning a minimum of 15 percent EBIT. 8-12 times EBIT less debt for a specialized, rapidly growing manufacturing business would be a value of $12-18 million. $20 million revenue at the same multiple could be worth $24-36 million. That would be a 4-7 plus times multiple of buy-in price. $1 mill in new equity capital will allow the firm to buy parts to help build out our 3.5-4 month backlog and get the company past its 10 hike a week production mandate. From there, the potential is unlimited.The firm broke its own sales records in 2024 and in both June and July of this year. July’s record is particularly impressive in light of significant on line advertising expenditure reductions. More volume with new suppliers already identified will reduce unit costs and make it even easier to be profitable over time.Future projections are not guaranteed.3. Janus is a well-established company with a 14-year history and loyal and enthusiastic owner and fan base.With over 1700 bikes sold many of our owners have multiple Janus motorcycles. Lowest production number bikes in each model range are highly sought out by collectors.Our in-house email marketing list includes over 30,000 thousand names and is continuously used and updated.Janus Motorcycles were named the coolest product made in Indiana in 2022.Janus direct-to-consumer distribution model maximizes margins and improves customer feedback.4. Janus has a highly-involved board of directors and investors who have been very successful creating, growing, and exiting companies.Our board includes a half dozen company founders and CEOs who have successfully scaled their businesses and exited at extremely high valuations. One grew his company by 1600 percent over a 14 year period. One turned a marketing consulting firm into a software company and sold it at a high 8-figure valuation One has been on the Inc 500/5000 list five times. Most are serial entrepreneurs who have had multiple businesses in a wide range of industries.Each BOD member has made a significant financial investment in the company and each a track record of success in their respective fields. Their expertise is guiding the development of the company.5. Janus is dedicated to continuous improvement in all areas of the business and is not shorting investments out of a desire to generate short-term profits.Significant resources have been devoted to R&D to support new model development. The firm even has a fully-operational electric motorcycle prototype.Implementation of the Backbone MRP system has taken place in 2025 which will revolutionize production efficiency and minimize supply chain interruptions and inventory investments. Once order to completion time for a custom-built bike is reduced from months to 30 days or less, sales will be even easier to secure.Janus has unique products and is poised to be a significant player in one of the few growing segments of the motorcycle market—the 400 to 500 cc street bike market—one that is easier for people to buy and attracts younger riders and older riders alike.Motorcycle dealers are reporting a shortage of 250 cc and smaller bikes and inadequate supply to satisfy demand, while large displacement touring bikes from Harley Davidson and Indian are in a sales slump. There is a growing recognition that small bikes are cheaper, safer, more practical, and more fun for young and older riders alike.Triumph sold over 40,000 400cc streetbike models alone in their first year of offering, and is now selling more than 60,000 units of that bike alone world wide. Janus has but a micro share of this large and growing market.Janus motorcycles have been featured on Jay Leno’s Garage, the New York Times, Esquire Magazine, and other places giving them national and even international attention and recognition.Our team and leadership at Janus Motorcycles has a track record of producing motorcycles. We have a history of customer service. We have shown over the last decade that we are resourceful, growth oriented, and persistent. We are on track to do 20x the revenue this year than we did our first year of production. We know how to grow!*Forward-looking statements are not guaranteed.*For more information, see our attached business plan on this page.

## FAQ
1. **Hi Mark/team, evaluating for allocation. Please share: last 12 months of monthly revenue and active paying customers; cash, burn, runway; top 2 milestones funded and use-of-proceeds split; cap table summary (SAFEs/notes/options/SPV/rights); top 3 risks + contingency plan. Spec...**
   - Send me an email please, Manjunath. I’m not sure I can answer all of that but will answer what I can there.mark@janusmotorcycles.com

## Team
- Richard Worsham (Founder, Chairman, CEO, Head of Design)
- Mark Zweig (Board of Directors, COO)
- Donald Scot Ferguson (VP, Global Sourcing)
- Bill Seals (VP, Operations)
- Eric Howerton (Board of Directors)
- Doug Risser (Board of Directors)
- Paul Greenhagen (Board of Directors)
- Paul Springmann (Board of Directors)
- Aaron Tippie (Board of Directors)
- Bruce Korenstra (Board of Directors)

## Recent posts
- Standing Ovation for YOU! (2026-04-28T14:15:42Z)
- Built in America. Backed by Riders. $450K and Rising. (2026-03-30T13:22:45Z)
- This opportunity is closing soon! (2026-03-23T23:46:29Z)
- Momentum Building — Ramblestream Live Tonight (2026-03-09T17:42:36Z)
- Goshen Is Showing Up - and we're not surprised. (2026-02-23T14:27:25Z)
- Funding Closes Soon. Are You In? (2026-02-16T15:50:09Z)
- How do routines and habits transform us? (2026-02-09T19:42:59Z)
- Next up: $500K (2026-02-05T14:59:06Z)
- Behind the Scenes: What We’re Building Next! (2026-02-02T23:13:28Z)
- A Quick Update & Ramblestream Tonight (2026-02-02T18:00:45Z)
- Ramblestream LIVE (2026-01-26T18:37:40Z)
- Meet Brent. He's responsible for the hand-formed fenders on every Janus build. (2026-01-23T20:23:21Z)
- Positioned for Growth in 2026 (2026-01-23T20:18:30Z)
- Hear what our customers say about our product. (2026-01-18T13:42:37Z)
- Introducing Ramblestream: The Janus Motorcycles Podcast (2026-01-15T13:13:39Z)

## Q&A
- Q: While there is one class of common stock would you describe other equity/other liabilities (preferred stock classes, promissory notes, convertible debt, etc etc). Is there a timeline to public offering (within 10 years)? Will you provide summary 2024 financials / 2025 YTD? Thank you. Very interested.
- Q: @Nick we emailed you back! Couldn't find how to respond here.
- Q: Hi Mark/team, evaluating for allocation. Please share: last 12 months of monthly revenue and active paying customers; cash, burn, runway; top 2 milestones funded and use-of-proceeds split; cap table summary (SAFEs/notes/options/SPV/rights); top 3 risks + contingency plan. Specific: how much of this raise is working capital vs growth; current backlog/lead time/cancellation rate; most realistic investor outcome path.
  - A: Send me an email please, Manjunath. I’m not sure I can answer all of that but will answer what I can there.mark@janusmotorcycles.com