What it sells
Next-generation, modular electric vehicles
Business model breakdown
Buyer: who owns the budget?
UnverifiedIndividual consumers (Founder Edition reservations), plus businesses and conversion builders buying the Olympus platform kit; suppliers and regional distributors join via partner programs.
Trigger: what makes them buy now?
Early-edition scarcity (128 Founder Edition reservations and 53 platform kits remaining) and interest in electrifying classic vehicles or building work/mobile-business vehicles on an open skateboard platform.
Workflow: what inputs become what output?
Customer reserves the O1 vehicle or configures and orders an Olympus platform in three steps, then outfits it with a body for classic conversions, commercial/retail, or industrial use.
Economics: what it saves and how it charges
Vehicle and platform hardware sales (O1 base $80K; Olympus kit base $27.5K) funded by a Series-A (pre-IPO) retail investor round at $14.29/share with 2,950+ investors; consortium of suppliers and joint ventures for modular manufacturing.
Distribution: how it reaches customers
Direct online reservation/order, roadshow test-drive events, regional joint-venture and distributor program, developer program for suppliers.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| — | Y Combinator Winter 2022 | — | Y Combinator | ycombinator.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.