Lordstown Motors
Mason, US · Founded 2019 · Delaware corporation · 1 known investors
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Founders & leadership
Lordstown Motors was founded in 2019 by Steve Burns.
Investors · 1
Yorkville AdvisorsreportedMountainside
How we know: funding news · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$55.1M disclosed across 4 of 5 rounds · 2019–2021
▶$15.3MraisedOct 2020 · 49 investors · ManufacturingRule 506(b)
▶$15.3MraisedOct 2020 · 49 investors · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- Stephen BurnsExecutive Officer, Director
- Offering amount
- $15.3M
- Amount sold
- $15.3M
- Minimum investment
- $50K
- First sale
- Sep 2020
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
▶$24.7MraisedSep 2020 · 72 investors · ManufacturingRule 506(b)
▶$24.7MraisedSep 2020 · 72 investors · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- Stephen BurnsExecutive Officer, Director
- Offering amount
- $24.7M
- Amount sold
- $24.7M
- Minimum investment
- $50K
- Sales commissions
- $1.5M
- Proceeds to insiders
- $300K
- Placement agents
- Maxim Group LLC
- First sale
- Aug 2020
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
▶$10.1MraisedJul 2020 · 40 investors · ManufacturingRule 506(b)
▶$10.1MraisedJul 2020 · 40 investors · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- Steve BurnsExecutive Officer, Director
- Offering amount
- $10.1M
- Amount sold
- $10.1M
- Minimum investment
- $25K
- Sales commissions
- $992.5K
- Placement agents
- Maxim Group LLC
- First sale
- Dec 2019
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
▶$5MraisedNov 2019 · 50 investors · ManufacturingRule 506(b)
▶$5MraisedNov 2019 · 50 investors · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- Steve BurnsExecutive Officer, Director
- Offering amount
- $5M
- Amount sold
- $5M
- Minimum investment
- $25K
- Sales commissions
- $500K
- Placement agents
- Maxim Group LLC
- First sale
- Oct 2019
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- Who founded Lordstown Motors?
- Lordstown Motors was founded by Steve Burns in 2019.
- Who are Lordstown Motors's investors?
- Lordstown Motors's investors include Yorkville Advisors.
- How much funding has Lordstown Motors raised?
- Lordstown Motors has disclosed $55.1M raised across 4 of its 5 known rounds.
- Where is Lordstown Motors headquartered?
- Lordstown Motors is headquartered in Mason, US.