ModVans is a Title III - Regulation Crowdfunding Campaign and is actively accepting investments.
$101.15 minimum investment

ModVans

Modern & modular camper vans

Regulation Crowdfunding
Oxnard, CA
Transportation
Accepting International Investment
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Modern, Modular, Multipurpose Vehicles

Invest in ModVans

A smart alternative to owning three separate vehicles for family, work, and play. ModVans CV1 is the superhero of campervans, hauling kids to and from soccer practice by day and road-tripping by night, it’s a cargo van for work during the week and living space for play on weekends; it’s an adventure van that doubles as a daily driver.


Originally built for personal use by our founders, Laurie and PJ Tezza, the prototype CV1 quickly caught the attention of countless adventure seekers eager for an alternative to RVs. 


Since our launch in 2017, ModVans has sold over $3.7 million worth of CV1s and achieved positive cash flow with virtually no money spent on marketing or sales. That’s some remarkable organic growth! ModVans is RVIA certified, and we have been delivering CV1s to happy customers since June 2018.


Market response to the ModVans CV1 has been so phenomenal that production cannot meet demand. We want to meet that demand head on! Rather than make people wait for years as we bootstrap our way to expansion, we decided to launch this crowdfunding campaign so we can scale our existing production model more rapidly. Our immediate goal is to increase sales to $10 million per year within the next 12 months. Our long-term ambition is to disrupt the estimated $900 billion per year combined market for Class B RVs, minivans, SUVs and pickup trucks.


Sources: GoodCarBadCar. Market Size Projection based on GoodCarBadCar 2017 USA units sold times the average CV1 sale price of $88,000.

“Individually, we are one drop. Together, we are an ocean.” -Ryunosuke Satoro

ModVans Needs You!

"Individually, we are one drop. Together we are an ocean." - Ryunosuke Satoro

Channeling the power of many will mean the difference between making a ripple in the motor vehicle industry and hitting it like a rogue wave.  We need your investment to create that surge. Come ride the wave of success with us!

2017 USA Sales (units sold)

Sources: goodcarbadcar, RVIA

The ModVans vision is to deliver adventure on demand! We want to win the hearts of adventurers and soccer moms alike. We want people to choose our multi-purpose camper van as their next minivan, pickup truck, SUV, or RV. We want them to be inspired to explore the great outdoors and get to work in comfort and safety. To achieve this vision we must be able to meet customer demand.


With currently estimated delivery dates more than a year out, the biggest obstacle to revenue growth is limited production capacity. Your investment will fund expansion and help us meet our short-term sales goal of $10 million per year.


Beyond the $10 million per year plan,  ModVans is plotting a course to disrupt the multi-billion-dollar family and work vehicle market.

Market Size

We estimate the combined US market value for minivans, pickup trucks, SUVs and RVs is over $900 billion/year.


With safe, comfortable seating for 5+ and removable RV components, the ModVans CV1 is a full-featured camper van, family van and work van all in one.


Over the last two years, we have discovered that the target market for our ModVans CV1 is adventurers of all ages from every state in the nation!  Single women and men of all ages, families of all ages, and couples of all ages; everyone is excited about what we offer- an agile, adaptable, affordable adventure vehicle!


We often hear comments like these: “We have been looking for the right vehicle for years!” “We have been waiting for something like this to come on the market!” “We have been looking for you!” “We have been dreaming of you for a long time!”


Source: Market Size Projection based on GoodCarBadCar 2017 USA units sold times the average CV1 sale price of $86,000.

The Offering

Investment

$5.95/Class B Non-Voting Common Stock│When you invest you are betting the company’s future value will exceed $13.5M.


Why Invest in ModVans?

With $3.7 million in revenue, no sales costs and positive cash flow, you may be wondering why ModVans needs investors. We get this question a lot!


The answer is a matter of math and timing. 


We aspire to the success story of Grand Design RV. In 2016, after only four years in business, Grand Design was acquired by Winnebago for approximately $500 million. To achieve this valuation, Grand Design was building 6,000 RVs per year. That’s a lot of RVs!

We think ModVans has the potential to be even bigger! Were ModVans to invest 20% of every sale into production capacity at our current pace, it would take years to reach 6,000 vehicles per year. That’s not nearly fast enough to achieve the growth of which we believe ModVans is capable of


Apart from matters of math and timing, ModVans wants to channel the “power of the crowd.”


Consumers actively seek us out.  We have produced and delivered CV1s to more than 20 happy customers. We are grateful to and inspired by family, friends, fans, and customers who have invested financially in our success and excitedly share our story!


A regulation crowdfunding campaign is the simplest, quickest way for us to offer equity to all, whether you are an accredited or non-accredited investor. Another unique benefit of crowdfunding is that every investor becomes a brand ambassador. Help us channel the power of many: become a ModVans investor today and join us on our drive to disrupt and erupt!

Why Now?

We believe that over the last decade, changing consumer tastes and financial conditions have forced rapid and drastic changes in the auto industry. Consumers are no longer satisfied with a basic car that gets them from point A to point B: The best selling vehicle in the US is the aluminum bodied Ford F150 pickup truck, every manufacturer has a deep lineup of crossover SUVs, and some auto manufactures now say that traditional cars are no longer worth building


Auto manufacturers that have invested in R&D to keep pace with this paradigm shift are reaping the rewards in a market for vans, trucks and SUVs that continues to grow.


The RV market has experienced even more growth than the automobile industry over the past decade. We believe this growth has shielded RV manufacturers, who continue to double down on the “bigger with more amenities” strategy. 

But change is coming as demographics of mainstream RV buyers shift from baby boomers to millenials. The beginning of this shift is evidenced by the fact that smaller, Class-B RVs are now the fastest growing motorhome market segment.


We believe that people want an adventure vehicle that isn't limited to their old conceptions of an RV as a bulky house on wheels. They want something with more potential. Today’s buyers are searching for new experiences. They want performance, practicality, and the ability to indulge their passions for adventure. 


They want ModVans.


ModVans is on the cutting edge of vehicle design, and our modular CV1 camper van is just the start. With your help, we can disrupt the auto and RV industries.

What is ModVans?

ModVans is a new multipurpose vehicle manufacturer with a line of modern, modular vans built for family, work, and play. The ModVans CV1 blends the versatility of a van with the durability of a truck and the comfort of a passenger vehicle. Our CV1 boasts these unique elements:

  • Full-featured camper van

  • Strong, lightweight, modular components make for true multi-purpose vehicles

  • Modern and sleek designs

  • Easy-to-drive Ford Transit chassis with industry-leading power and fuel economy

  • Safe and comfortable seating for up to seven passengers

  • Commitment to top quality and safety standards

  • Online customization and reservation system

  • Affordable for families - available RV financing


We believe that other RVs on the market today neglect the wants and needs of today’s buyers as well as recent advances in materials and manufacturing processes. ModVans brings an innovative strategy to this industry - a distinctive multi-purpose vehicle that replaces the need to own separate vehicles for work, life and play.


Investing in ModVans now is your best opportunity to invest in a revolutionary vision for the future of transportation.

What Does ModVans Offer?

Our premier model, the model CV1, is the first in a planned line of many vehicles. It is a full-featured camper van, passenger vehicle and work truck all in one. It features removable, modular components that allow owners to adjust the layout to their activities. The base conversion is a lightweight 1150 lbs. Critically, the CV1 is based on the low-roof, medium-length Ford Transit chassis, making it affordable, easy to drive, easy to park, and serviceable by any Ford dealer.


The base model CV1 includes all these standard features:


  • Pop-up top

  • Safe, comfortable, leather covered seating for up to seven

  • Two large and comfortable removable beds

  • Touchscreen stereo / GPS

  • Strong, lightweight, removable storage cabinets

  • High-efficiency refrigerator

  • Rooftop A/C

  • Furnace

  • Propane system

  • 2000-watt inverter

  • Two-burner stove

  • Sink

  • Water systems

  • LED lighting

  • Powerful, fuel efficient V6

  • Heavy-duty towing package


These are some popular CV1 options:

  • Powerful, twin turbo EcoBoost engine

  • Ford factory AWD

  • Aftermarket 4x4 conversion

  • All-around windows with privacy Glass

  • Powered, heated front seats

  • 300-watt solar charging system

  • Powered awning

  • Power running boards

  • Outdoor shower

  • Third-row seats

A complete list of options and customizations and detailed descriptions of design features is available on the ModVans website.

The ModVans Customer Experience

When they found us, most of our customers had been actively searching for a vehicle like the CV1 for months or even years. Here are some typical quotes gathered from our customers:

Q: How long did you search for a camper van before selecting ModVans?


A: We have been researching online for about three years and waiting for smaller camper vans to be released on the market.

Q: How long did you search for a camper van before selecting ModVans?


A: 1.5 - 2 years

Q: How long did you search for a camper van before selecting ModVans?


A: We have admired from afar for years, but then began searching earnestly for a van or builder at the beginning of August [6 months].

We first connected with buyers through $5 ads on Craigslist. Response to our offering was so sensational that we stopped all paid advertising after only a month.

For the last 12 months, all sales have come from unpaid organic growth via Google searches, customer referrals and mentions online and in the press.


The ModVans website provides detailed information, photos and videos about the CV1. In addition, potential customers often call or email with questions or schedule in-person demos.  We make every effort to respond to all inquiries promptly and personally.


Once customers decide the ModVans CV1 is right for them, they can select options, order customizations, and make a deposit to secure the reservation all online using our website. Based on options selected and our current production schedule, the reservation system automatically provides an estimated delivery date. 

When a new reservation is made, the ModVans team contacts the customer via email to confirm selections and make any requested changes. A sales order is generated and electronically signed. The sales order contains all customer selections and converts the customer’s reservation payment into a non-refundable deposit. 

With the sales order and deposit secured, ModVans orders the customer’s Transit chassis from Ford, which takes about 12 weeks to arrive at our factory from the Ford assembly plant. When the Transit arrives at ModVans, our production team begins the conversion.


The CV1 conversion uses over 300 parts, including off-the-shelf parts, which are ordered from various manufacturers and distributors, and custom parts, such as the pop-up top and cabinets, which are manufactured in-house by ModVans.


While the customer’s CV1 is being built, we work  with the customer to finalize payment or financing and travel arrangements. Most customers come to the ModVans factory to take delivery of their CV1 so they can meet us in person, receive hands-on training, and start their new adventure from beautiful Ventura, California.


Why Customers Choose ModVans

Competition

ModVans stands out from the competition in 4 areas:

Versatility, Design, Price, and Modern Manufacturing:

Versatility: With safe, comfortable seating for up to seven and removable RV components, the ModVans CV1 is the only available modular, full-featured RV/camper van, family van and work van all in one. Our pop-up top roof adds space without the loss of driveability, maneuverability and parkability. Every CV1 comes standard with a long list of RV features including five-passenger seating and two large, comfortable and removeable beds. 

Design: The ModVans CV1 uses strong, durable and lightweight materials, such as aluminum and composite panels rather than cheaper, heavier materials used by other manufacturers. We combine these materials with clean, modern design principles made popular by brands such as Apple.

Price: With an MSRP of $85,000, the CV1 is priced well below the competition. Traditional Class-B RVs, such as those from Airstream and Pleasure-Way, cost well over $100,000. Direct competitors, such as Sportsmobile and Colorado Camper Vans, charge more for fewer features, have, in our opinion, outdated designs, and don’t offer a complete RV financing solution. ModVans created and maintains our price advantage by using mass and automated manufacturing, low overhead and a relentless pursuit of best-in-class parts and materials at the best prices.

Modern Manufacturing: ModVans built a set of “modules” that can be mass produced. Every custom ModVans part starts with a 3D CAD model. Computer Automated Manufacturing (CAM) with automated routers, molded parts, and computer designed templates ensure consistent quality at lower prices. ModVans plans to expand its use of automation with materials handling and industrial robots for cutting, drilling and welding.

In addition to being less expensive and easier to purchase than other RVs, ModVans CV1 owners save even more money over time. First and foremost, there is no need to own three separate vehicles for work, family, and play.


Traditional RVs guzzle gas, are expensive to maintainexpensive to store, and expensive and time consuming to service. Campsite spaces for large RVs are more expensive and much more limited in availability (the CV1 can fit in almost any campsite parking space). 


As a daily driver, the ModVans CV1 requires no special storage, fits in standard parking spaces, and gets good gas mileage. Ongoing maintenance is easy, too, as the Transit chassis can be serviced at any Ford dealership.


Sources: Prices and equipment lists estimated from www.modvans.com, www.airstream.com, www.sportsmobile.com and www.coloradocampervan.com. Ease of purchase ability based on ModVans 2018 Survey of Competitors web based pricing and reservation capabilities. The ability to use the CV1 as a daily driver will depend on each customer's individual circumstances.

Our Customer Locations

What Our Customers Are Saying

“P.J. is world-class at doing what he's doing, as he has amply demonstrated in diverse fields (I do my homework).”

- DB

“J---- and I had every faith in the van project then, and have every faith in it now! We both surmised that PJ was a visionary who wanted to "get it right," and would not compromise his standards in the process, which would ultimately mean that the van we would eventually drive away would be both his, and our, dream van!!!”

- EG

“The completed Van looked fantastic, really impressed with the quality of the final product. I sure the whoever flew in to pick it up was stoked!”

- NG

The ModVans Story

A few years ago, our founders, Laurie and PJ, had a rare opportunity to get away for several weeks. They wanted to check out #vanlife, so they bought a used RV and took a road trip. They (and their dogs) loved the trip, but the RV was a beast to drive and guzzled gas and they had some issues on the road that were not easily fixed. Upon returning home, they had to pay to park it at an inconveniently located storage facility when it wasn’t in use, and it was excessive to take on short and solo trips. 


Laurie and PJ decided that they wanted a modern, reliable and modular vehicle they could use for adventures AND as a daily driver.  They searched long and hard for what they wanted but could not find it at any price, so they decided to design their own. After a lot of research, they chose a Ford Transit van and got to work building the vehicle of their dreams.

At first, friends and family were skeptical, but as the project got nearer to completion and the vision became concrete, excitement started to build. They realized they had something amazing to share with the world - a vehicle that can do it all. 


Knowing that PJ and Laurie were serial entrepreneurs, friends encouraged that they start a business selling their vans. Well versed in lean startups, they determined that the MVP was a website and preorders for five CV1s. Using a collection of photos of their van, Laurie and PJ launched ModVans to the world. 


The rest is history!

In the last 24 months, ModVans has sold over $3.7 million worth of vans with $30 in Craigslist ads! ModVans is certified by the RVIA and listed in JD Powers' NADA Guides.  In addition to the prestige and assurance these designations confer, our customers are able to obtain legitimate RV financing and extended service contracts. 


Each iteration of our build process leads to improvements.  Each delivery brings another happy customer and another success for us. When we build vans, our thought process is, "What would we want in a van?" ModVans builds great adventure vehicles that meet strict quality and safety standards.

One of the major motivations for pre-selling five CV1s was to ensure the ModVans goal of being a great place to work. All full-time ModVans employees earn above living wages with full benefits such as health insurance, paid vacation, and the opportunity to participate in our stock incentive plan. Every ModVans employee is an investor just like you!


Invest in ModVans

It isn't often that a lean startup with existing customers and a record of successful sales comes through a crowdfunding platform, but that's what ModVans is: a legitimate company with a remarkable launch.


This is your opportunity to invest at the ground level and be a part of ModVans history!

In the Press

ModVans Turns the Ford Transit into a Modular, Modern Camper Van
July 7, 2017

"It's nice to see a move toward smaller, more practical motorhomes that can be used throughout the entire year - camp with the CV1 in the summer, drive the kids to sports in spring and fall, and use it to haul supplies for your winter home remodeling project."

These Are the Five Best Low-Maintenance Campers Available
October 17, 2018

"The ModVan CV1probably isn’t what comes to mind when you think of a camper, but give it a try. You just might like it." "The floorplan of the CV1 is quite impressive."

Modular Adventure Van Can Also Haul the Whole Family
June 14, 2017

"If you’ve been looking to try out #Vanlife but don’t have the budget for a fancy bespoke van, consider the California-based company ModVans. With seating for 5 people and removable RV components, ModVans are billed as “full-featured camper vans, family vans, and work vans all in one.”

The ModVans CV1 was #10 on the List of 20 Sickest RVs Every Dad Needs to Buy in 2018
January 29, 2018

"But there’s a new generation of camper vans out there, and the pop-top design has made a bit of a comeback. Take the ModVan, for example, which is based on a Ford Transit platform."

Offering Summary


Company

:

WebTez, Inc.

Corporate Address

:

920 Graves Ave, Oxnard, CA 93030

Offering Minimum

:

$9,996.00

Offering Maximum

:

$1,069,994.45

Minimum Investment Amount

(per investor)

:

$101.15











Terms


Offering Type

:

Equity

Security Name

:

Class B Non-Voting Common Stock

Minimum Number of Shares Offered

:

1,680

Maximum Number of Shares Offered

:

179,831

Price per Share

:

$5.95

Pre-Money Valuation

:

$12,495,000.00











Irregular Use of Proceeds

The Company will not incur any irregular use of proceeds.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$193,116.00 USD
$141,109.00 USD
Cash And Cash Equivalents
$113,581.00 USD
$59,382.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$73,380.00 USD
$101,863.00 USD
Long Term Debt
$200,887.00 USD
$238,939.00 USD
Revenues And Sales
$1,472,710.00 USD
$357,103.00 USD
Costs Of Goods Sold
$949,348.00 USD
$559,791.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$145,864.00 USD
-$517,197.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Notice of Funds Disbursement

14 days ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, ModVans has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in ModVans be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Ford Truck Enthusiasts: The CV1 Leaves RVs in the Dust

24 days ago

Pickup trucks are extremely popular. In the US, the Ford F150 has been the most popular model vehicle of any kind for over a decade. We have several customers that have replaced their pickup truck with a ModVans CV1. Over time, we expect more and more people to see the multipurpose CV1 as a pickup truck alternative. Here is a very nice article on www.ford-trucks.com about the CV1:  https://www.ford-trucks.com/articles/we-check-out-new-ford-transit-based-adventure-van/

Delayed 2020 Annual Report

25 days ago

Notice to our investors: We will be unable to meet our April 29, 2020, annual report filing requirements for securities sold pursuant to Regulation CF due to unexpected additional time being needed to coordinate and communicate with staff and vendors while under COVID related restrictions. As such, we intend to rely on the temporary relief being provided by the Securities and Exchange Commission. We will continue to use our best efforts to comply with our ongoing reporting obligations.

Notice of Material Change in Offering

26 days ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the ModVans offering. Here's an excerpt describing the specifics of the change:


ModVans has extended their campaign and updated their 2019 financials.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

ModVans listed as one" of the Best Startups to Invest In on StartEngine"

about 1 month ago

Thanks Will Ashworth for listing ModVans as one" of the Best Startups to Invest In on StartEngine"!
https://investorplace.com/2020/04/best-startups-to-invest-in-on-startengine-privinv/

Rapidly Expanding Production Capacity

about 1 month ago

Making progress towards our goals... production capacity doubled? We'll see!

 

Notice of Funds Disbursement

about 2 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, ModVans has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in ModVans be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

ModVans Moves into Bigger Digs and Makes Plans to Survive COVID-19 and Thrive in 2020!

about 2 months ago

Hello, ModVans investors and fans! This is a big update, so stay with us; we’ve posted lots of photos to make it more fun. As many of you already know, our biggest challenge from the get-go has been a mismatch between customer demand and production capacity. Until now, ModVans has operated Lean Startup style out of a 2,400 square foot, 1-bay shop space. With hard work and determination, the ModVans team built and delivered 30 CV1s out of that shop. Always having too much work to do (no complaints in that regard) and too little space to do it was holding us down and we had to make a move. We needed a facility that was large enough to handle our projected growth without being too financially risky, was accessible to our core markets, and combined reasonable moving costs with not too much down time. Based on suggestions from investors and employees, we investigated relocating ModVans and that led us on a scouting expedition for potential new locations. Here are a few photos from our trips:

PubDog in Colorado!

Sleeping in the CV1 while visiting Nevada

Our state at the end of the trip.

You can read more about this journey at https://www.facebook.com/modvans/posts/1068091993540551.

Our decision-making criteria included the following:

  • Which team members would move with us
  • Cost of living
  • Friendliness to manufacturers
  • Access to vendors, suppliers and new employees
  • Market Access (ModVans has sales throughout the US, but CA is by far our biggest market)
  • Disruption to our business
  • Costs – now and future
  • Availability of suitable industrial space - now and future

We weighed each factor carefully, investigated opportunities for government incentives, and looked at many buildings both virtually and in person, then we made offers on locations in both Reno and nearby Oxnard. As long-distance relationships tend to do, Reno fell through, but our Oxnard offer was accepted and we finally had a new home! In light of events unfolding in the world now, taking the more conservative approach by moving ten minutes away was certainly the best outcome.

Below is an illustration of how we used 3D CAD to visualize how our plans fit into potential new spaces. This one is the final design for the Oxnard location to determine its suitability and to plan for the move:

The design has for space for up to 7 vehicles on the shop floor, including 6 production and 1 R&D/ service. We have expanded from 1 lift to 4, and the new shop has plenty of space for tools and parts, pallet rack storage with forklift for inventory, space for parts manufacturing and assembly, and a large break/conference area. The lightly shaded area in the front right corner is existing office space.

Additionally, our new shop is a stand-alone building featuring secure storage for chassis and finished vehicles, plenty of employee parking, and an attractive, easy to access location for customer demos and deliveries.

Our very own standalone building!

Cool sign coming soon; in the meantime, CV1s in the parking lot will help customers find us!

Fenced lot to securely store several vehicles

We taped off the floor and drove vans around to make sure our 3D CAD plans would work in the real world.

How do you move a shop that is still building vehicles as quickly as possible? You could hire vendors and pay tens of thousands of dollars (we got quotes) and spend months. Or, you could do it the lean startup way: we had a couple of great new employees ready to start work when we got going in our bigger space who proved themselves even more worthy by showing up to help us build out the new space while the existing ModVans team continued to work on CV1s in our Ventura shop.

During lease negotiations, we started planning lifts (how many and where), electrical (serious electrical!), compressed air, dust collection, equipment locations, storage, and mezzanine use, so we were ready to get started as soon as they handed us keys to the new shop. We customized the existing mezzanine ourselves, bought a used forklift and used pallet racks, rented a scissor lift, and hired a licensed electrician to assist us with the electrical project.

Every large piece of equipment requires a dedicated electrical circuit and safety switch. Plus, we wanted plenty of electrical outlets throughout the shop. Easy to access compressed air at the assembly stations, a future paint/finishing booth, the CNC, and an industrial dust collection system were all in the plan. At the same time, we wanted to preserve our ceiling heights and floorspace as much as possible, so every run of electrical service, compressed air, or dust collection vent had to go along the walls or up to the 20’ ceiling, across the ceiling, then come back down to the point of use.

Three new load centers were installed to support new outlets and equipment. This picture shows the one that services the assembly area lifts and outlets.

Our resident rocket scientist is installing compressed air lines.

 

Customizing mezzanine and installing pallet rack storage.

Receiving industrial sized equipment sometimes requires creativity.

 

Assembling and installing the new dust collector.

Drilling fence post holes in the parking lot with a water-cooled concrete cutting hole saw.

Moving can make you tired!

But we get by with a little help from our friends.

Shop dog 1 is testing out the new location – bark chips are coming soon.

Once we had lifts, storage and electrical service in place, we rented a truck and spent 2 days moving from our original location.

One team loaded the truck while another moved the CNC.

We consolidated all our inventory at our new location. (Yes, we have a lot of seats!)

Once everything was moved, it was time to organize pallet racks. We built custom storage racks to hold large items like 5’x10’ sheets of metal and all the seats.

This CV1 was completed at our Ventura location. During QA, we found a few issues that needed to be resolved prior to customer delivery, so it ended up being the first vehicle lifted in our new location. We had to clear a path through the sea of seats to get it on the lift!

This happy customer flew in in from Utah to take delivery of his CV1 and drive it back home. His is the last CV1 built in our old location and the first delivered from our new location!

Moving everything took 3 days. Within a week, we were ready to get back to work building CV1s!

Our first CV1 built in the new shop going through its final QA steps. Yes, it’s RACE RED!

Our CNC made the move successfully. Here, it is cutting a new fixture for holding popup top lift mechanism parts for CNC cutting (the machine makes the machine!).

With the first CV1 successfully built completely in our new shop, ModVans is real world tested to be 100% operational! Here are some shots of our new shop:

Assembly area with 4 lifts

Electrical Parts Workbench and Storage

Industrial dust collector and aluminum storage

CNC and machining areas under mezzanine

Welding and cutting area on mezzanine

View of assembly lifts from the mezzanine

Storage

Forklift and storage

Office entrance

Engineering office

Laurie’s favorite part of the new shop J

As great as the new shop is, COVID-19 is on all our minds. Here is our game plan:

  • Keeping everybody healthy and safe is our top priority
  • We have sufficient resources to make it through
  • We have plenty of orders to fulfill and new orders keep coming in
  • We plan to stay at the top of our game, continuing to work towards our goals
  • We will have more exciting news to share soon!

If you have questions or concerns, please feel free to ask here in the comments or contact us directly.

To our investors, thank you for your support- we could not have made this move without you!

To our customers, thank you for choosing ModVans and giving us an opportunity to make your adventure dreams a reality!

Thank you to the ModVans team- none of this would be possible without your hard work and dedication!

Finally, thank you to all our family, friends, and fans- we will always value your support and encouragement!

Check out the 2020 Ford Transit New Active Park Assist Feature!

3 months ago

Ford Transit's Active Park Assist is one of many great features added for the 2020 model year. Watch the video to see how cool it is!

https://fordauthority.com/2020/03/ford-transit-active-park-assist-lets-the-van-park-itself-video/

GETTING CLOSE TO OUR FUNDING GOAL

3 months ago

ModVans wants to thank our investors for bringing us closer and closer to our campaign goal.  We've made some great progress toward our growth goals this year, including growing our team, acquiring needed tools and equipment, and positioning ourselves to increase production capacity, and we could not have done it without your support.

We are grateful you chose to invest in us.  We are excited to be on our way!

Please consider doubling your investment, and please convince your family and friends to become ModVans fans, too!

Here's a photo from one of our customers taken during their trip home from our shop in Ventura:


Notice of Material Change in Offering

3 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the ModVans offering. Here's an excerpt describing the specifics of the change:


Extended length of campaign.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Funds Disbursement

3 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, ModVans has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in ModVans be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

BOLO for Investment Confirmation Request from StartEngine!

3 months ago

Dear ModVans Fans,

Thank you for investing in our growth!  With funds raised so far, ModVans has been able to hire several team members, acquire more tools and equipment, engage in some R&D, and participate in some marketing events to broaden our exposure.

ModVans recently requested a disbursement of campaign funds to assist with the costs of hiring three new team members. When a disbursement is requested, StartEngine's policy is to email and/or text those who most recently invested to confirm their investment. Large sums of money often slip through the cracks at this point, presumably because these communications may get overlooked by investors, so we are asking you to keep an eye out for any such request and please confirm your investment.

The closer we get to our campaign goal of $1 million, the faster ModVans is able to grow.  Everybody here is very excited that our investment campaign recently passed the $500,000 mark!  You have helped us achieve growth goals much sooner than we could have on our own, and we are grateful for your willingness to take a chance on our exciting new company!  We still have a long way to grow, so please consider increasing your investment and encourage your friends and family to check out our campaign page.

ModVans FTW!

Notice of Funds Disbursement

3 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, ModVans has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in ModVans be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

ModVans CV1 2020 Transit Review

3 months ago

After completing our first 2020 Transit CV1 build with All Wheel Drive and Twin Turbo EcoBoost, we had some time to put on some test miles. We are blown away with how great the new 2020 Transit performs! All our signed sales orders for 2020 include the Twin Turbo EcoBoost and nearly all orders include All Wheel Drive, providing direct market validation that the 2020 Transit is going to be HOT!
The Transit EcoBoost is a modern, powerful engine that generates over 400 ft. lb. of torque while still getting great gas mileage. As you can see in the photos below, after resetting the computer and driving 80 highway miles at around 70 MPH, we ended the trip with 19.2 MPG. This is a great result for a full sized van that has been converted into a full-featured, modular RV.

We had a chance to drive the 2020 AWD Transit in a variety of conditions: Highway, city streets, 2 lane with sharp turns, 2 lane with sweeping turns and a bit of off-road on soft sand. We were blown away with how well the Transit drives. We couldn't believe we were driving an RV with appliances, 2 beds and seating for 5. It drives like German sedan with a powerful engine. The Transit includes a 10 speed automatic transmission and, on our test drive, the transmission worked great, making smooth, well timed shifts.

The new 8" color touch screen, standard on the CV1, includes Apple CarPlay and Android Auto integration and works great. The display is large, bright and maintains good visibility in a variety of lighting conditions. The user interface has been simplified and reorganized from previous factory stereos. It relies primarily on large icons and swiping to make selections and this works well.

Lane keeping alert works well and is similar to earlier versions. We managed to set off the pre-collision warning and it worked well, flashing an easy to notice, bright red message on the info display. Fortunately, we did not have a chance to test automatic emergency braking or post-collision braking! The CV1 we tested didn't have available adaptive cruise control, blind-spot monitoring or active park assist, but we have orders coming up soon with those features, so we'll get a chance to test them.

Both the exterior and interior have cosmetic and functional changes. We posted a couple of video reviews on Vimeo so you can see them in detail.




That is all. Thanks for investing in ModVans!

2020 Transit with All Wheel Drive arrives at ModVans!

3 months ago

Things have been quiet because we've had our heads down working hard! We are very, very excited about the 2020 Transit with All Wheel Drive and EcoBoost twin turbo engine. It is the best currently available platform for our multipurpose vehicles and blows the doors off every other full size van. We put a ton of work into making sure that we got access to the 2020 Transit early and this work has paid off. As you can see in the photos below, we've completed and delivered our first 2020 CV1! Between completion and delivery, we had the chance put on some test drive miles, and we are blown away with how great the 2020 Transit performs. We have a steady supply of 2020 Transits (all with AWD and EcoBoost) and are building them out as fast as we can, working our way towards our goal of building 10 vehicles per month. 

Co-founder Laurie with our first arrived 2020 Transit chassis earlier this year:

Our first 2020 AWD Customer Delivery!

Rumor has it that 2020 AWD Transits are tough to come by... we put in the work and are seeing the results!

More 2020 builds in progress:

That is all. Thanks for investing in ModVans!

Notice of Funds Disbursement

4 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, ModVans has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in ModVans be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Material Change in Offering

5 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the ModVans offering. Here's an excerpt describing the specifics of the change:


Extended length of campaign.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Heading home... the long way!

5 months ago

We are taking the long way home from Marietta, GA to Ventura, CA. We are just leaving Texas on our way to Taos, NM and Colorado Springs, CO. We'll be there Jan 1, 2020! Let us know if you want to meet up for a demo or chat about investing in ModVans! 



Working hard on final 2019 builds and deliveries

5 months ago

The ModVans team has been working extremely hard to finish and deliver our last two 2019 Transit based builds. In 2020, all our upcoming orders/builds are for 2020 Ford Transits with All Wheel Drive (AWD). Yesterday, we delivered this really cool and exciting magnetic colored CV1 to a fun and friendly family from Colorado. Fortunately, they have 4x4 for the potentially snowy ride back home.

In addition to 4x4 (with upgraded wheels and tires to be installed by the customer when they get home), this build included several cool customizations:

  • Aluminum front and rear bumpers
  • Matt black hood wrap
  • Coin flooring
  • Microwave cabinet
  • Additional 110V and 12V interior and exterior outlets

Check out the pictures below!

With 23 deliveries so far, we don't post photos of every build, but we have now delivered several CV1s with new options such as aluminum bumpers and microwaves, and we wanted to share these ideas with our investor community. ModVans isn't a custom shop - our goal is high volume production. We typically only allow customizations that have been requested by multiple customers and have a good chance of becoming popular options. High profile options such as aluminum bumpers aren't for everybody, but they are a fun and visual way to attract new customers to ModVans.


Notice of Funds Disbursement

6 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, ModVans has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in ModVans be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Material Change in Offering

7 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the ModVans offering. Here's an excerpt describing the specifics of the change:


Modvans has extended their campaign and updated their campaign page.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Funds Disbursement

7 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, ModVans has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in ModVans be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Funds Disbursement

8 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, ModVans has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in ModVans be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

MODVANS MAKES ITS RV SHOW DEBUT AT THE CALIFORNIA RV SHOW IN FONTANA FROM 10/3 - 10/13

8 months ago

Calling all Adventure Seekers: come check out the ModVans CV1 and meet team members in Booth 5008 at the CA RV Show!

IN CASE YOU NEED ANOTHER REASON TO INVEST IN A COMPANY THAT IS MEETING THE OUTDOOR RECREATION MARKET HEAD ON...

8 months ago

"Outdoor recreation makes up 2.2 percent of U.S. GDP, generating $778 billion in gross output and supporting 5.2 million jobs."

https://www.rvia.org/news-insights/new-government-report-reaffirms-outdoor-recreations-role-significant-economic-driver

ModVans CV1 4x4 Demos In Tahoe And Los Angeles

9 months ago

ModVans CV1 4x4 demo in Tahoe next weekend!

ModVans will be exhibiting at the following shows coming up soon:

We would love to meet you in person! We will be showing off lots of options such as 4x4, awning, outdoor shower and maybe a few previously unseen features.

Hope to see you there!

Notice of Material Change in Offering

9 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the ModVans offering. Here's an excerpt describing the specifics of the change:


Extended length of campaign.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Thanks RV Pro for a great, detailed article on ModVans!

9 months ago

The stats are a a bit out of date, but the article is fantastic. Check it out at https://rv-pro.com/features/modvan-updates-camper-van-concept

Notice of Funds Disbursement

9 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, ModVans has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in ModVans be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

MODVANS TOURS NEW ENGLAND WITH WHALEBONE MAGAZINE

10 months ago

Road Testing the ModVans CV1 Demo Van

10 months ago

The ModVans team has been doing some real world testing of our awesome CV1 camper van lately.  Having made several customer deliveries over the last year, chances of seeing a CV1 on the road or in the wild are getting more and more likely.  Here's a photo from a recent trip to Pine Creek in the Eastern Sierras:

Notice of Funds Disbursement

11 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, ModVans has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in ModVans be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Material Change in Offering

11 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the ModVans offering. Here's an excerpt describing the specifics of the change:


Modvans is extending the end date of their campaign.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Funds Disbursement

11 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, ModVans has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in ModVans be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

MODVANS SELECTED AS FINALIST IN EMERGING GROWTH SHOWCASE

12 months ago

ACG101, a chapter of the worldwide Association for Corporate Growth, hosted its annual Emerging Pitch Competition and Showcase yesterday evening.  ModVans was selected as one of the "most exciting and innovative startups" in the Greater Los Angeles Area!  Though we did not win last night's pitch competition, the winning product, AudioCardio, was innovative and impressive- and being treated to some prize-winning pizza from The Wandering Pie was a definite win! (https://www.facebook.com/wanderingpiepizza)

ModVans Files 3 Provisional Patents

12 months ago

After discussions with our advisers, attorneys and investors, we have filed 3 provisional utility patents with the USPTO:

  • Modular, multi-purpose vehicle
  • Vehicle with slide-up roof
  • Boxes to mount air conditioning appliances under vehicle floor

As with any patent or pending patent, litigation would be required to defend against a determined copycat willing to spend money on litigation. As with any patent pending, there is a possibility that our patents may fail to be awarded. Our primary business strategy remains offering new and superior products at lower price points.




Notice of Funds Disbursement

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, ModVans has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in ModVans be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

MODVANS TEAMS UP WITH THE KYLE PETTY CHARITY RIDE ACROSS AMERICA

about 1 year ago

This Friday morning, Kyle Petty, 125 fellow riders, and the ModVans CV1 (official RV of the ride this year!) will take off on the 25th Anniversary Charity Ride Across America!

Image may contain: outdoor

Follow them on Facebook: https://www.facebook.com/KPCharityRide

THANKS TO KINGSCROWD FOR ANOTHER NICE ENDORSEMENT!

about 1 year ago

How This Husband And Wife Team Are Building A Profitable Startup



Dear Investor,
 
This week we are highlighting a company that is doing something rare in the startup community; Making money and generating profits.
 
ModVans is an adventure vehicle that takes the concept of the RV and simplifies it down to what people really want today, which is performance, practicality, and the ability to embrace adventure.
 
Founded by a husband and wife duo, this company is young but mighty. With solid demand from day one, the ModVans team continues to grow revenues and yes even profitability.
 
Why We Like It:
1. Rapid growth: This team has grown revenues at a CAGR of over 260% between 2017 and 2018, reaching $1.35M in 2018 revenues.
2. Profitability: This team has had positive net income in the past 2 years with $436K in positive net income in 2018.
3. Fast Growing Market: The founders built this company out of a need they themselves had, and it carries through in the market with 20% growth for this type of vehicle.  
4. Strong Founding Team: This husband and wife duo has been in and around startups for the better part of their careers, and they have shown an ability to grow their company rather effectively.
 
ModVans is a solid investment opportunity with strong market growth, company growth, and sound financials, led by terrific founders.
 
Be sure to invest if interested.

ModVans





Notice of Material Change in Offering

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the ModVans offering. Here's an excerpt describing the specifics of the change:


ModVans has extended its campaign and added its 2018 financials.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Material Change in Offering

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the ModVans offering. Here's an excerpt describing the specifics of the change:


Extended length of campaign.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Funds Disbursement

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, ModVans has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in ModVans be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Funds Disbursement

about 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, ModVans has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in ModVans be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

ModVans Launches on Product Hunt!

about 1 year ago

Product Hunt is THE hip website for the latest tech products. Check out the ModVans CV1 launch: https://www.producthunt.com/posts/modvans-cv1-camper-van 

ModVans Wins Top Spot at RVX Show!

about 1 year ago

RVX is the biggest RV dealer-focused marketing event of the year and ModVans was in the spotlight. The ModVans CV1 was awarded the top spot in the Van Life category! Interest from RV Dealers is through the roof! Fortunately, we've built an app just for RV dealers so they can order CV1s for next year's camping season.

Ford Announces AWD and more for Ford Transit

about 1 year ago

Great news for ModVans! In 2020, Ford will be adding "Affordable" All Wheel Drive, Front Seat Swivels and a Crew configuration to the Ford Transit. In case you didn't already know, the ModVans CV1 is based on the Ford Transit and will benefit from being an early adopter! Even if you are not in the market for a new van or RV, you can benefit from this trend by investing in ModVans! Read more about the 2020 Transit at https://media.ford.com/content/fordmedia/fna/us/en/news/2019/03/05/2020-ford-transit.html

Notice of Funds Disbursement

over 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, ModVans has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in ModVans be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

CV1 Owner’s Area and Owner’s Manual

over 1 year ago

Some of you may be old enough to recall when products came with documentation! Between our engineering work, our own camper van use and feedback from early customers, we are starting to build a CV1 knowledgebase. Rather than answer the same questions over and over, we decided to write an Owner’s Manual for the CV1. The Owner’s Manual is designed to be both used electronically or printed (in duplex to conserve paper) for offline us. We also build a CV1 Owner’s Area on our website. For now, this is a central location our customers can use to access and download all documentation associated with their CV1. In the future, this will become a central place for owners of ModVans products to learn and communicate with ModVans and other ModVans customers.

Millennials fuel the RV industry with new sales

over 1 year ago

Good news for ModVans: "Young couples in their late 20s and 30s are buying RVs in growing numbers, fueling an industry that for decades relied heavily on retirees.": https://www.houstonchronicle.com/business/article/One-industry-millennials-aren-t-killing-13600084.php#photo-16896718

Extending Campaign - Updates

over 1 year ago

Thanks so much to all our investors! With over $125,000 raised so far, the campaign is a big success! In addition to the money, we have over 170 new investors and our new extended family is helping us share the ModVans story far and wide. Part of the purpose of our StartEngine campaign is to build brand awareness. Since our campaign launch, we’ve gone from 200 to over 1,500 followers on Facebook, from 0 to 200 followers on Instagram and grown our email subscription list to over 700 verified addresses.

As some of you may have already read, we are in the process of extending our StartEngine investment campaign deadline. Our campaign didn't rocket to $1 million, but we are making steady progress, so, at this point, it makes sense to extend it. Nothing in our road map has changed – we are still headed to RVX next month and still expanding production has quickly as possible. The money received so far has helped us expand our team, purchase new chassis and materials and now we have enough money to lease a new, larger facility.

We are currently at 8 employees - 6 full time and 2 part time. Week before last, we hired Tania part time to assist with inventory management (see below), and last Thursday, we welcomed a new full time Assembly Tech, Jerry, to the ModVans team!

To speed up production, we recently split the 4 full time shop employees into two teams: Parts and Assembly. Previously, we did a lot of cross-training. Everybody could do almost every job, but our assembly operations had delays waiting (and looking) for parts. We have a fair number of "parts" we manufacture such as the cabinets and popup top lift mechanism. Now the Parts team will be responsible for manufacturing these parts and staging them for the Assembly team. This new organization is already helping. We also created and hired for a new position to monitor our inventory with a plan to avoid outages for purchased parts and raw materials while keeping our inventory lean (to minimize costs and storage space).

 To increase production further, we desperately need more space (and more bathrooms)! We are super busy building 2 CV1s to take to RVX (see our previous update for more info), so, we can’t move for the next month or so, but we are keeping watch for deals or spaces that seem to fit us well. Here is a rendering of how we might use the most promising space we've found so far:

We plan to split the factory floor into Parts (left) and Assembly spaces (right). As you can tell from the rendering, having the RVs in two rows would be difficult without a lot of shuffling, so we think this space would probably work best for up to 8 RVs per month (1 row of 4 lifts working with each lift/assembly team building 2 RVs per month). For this space, there is some outdoor storage as well that will be important for new chassis staging and completed RV delivery.

Notice of Material Change in Offering

over 1 year ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the ModVans offering. Here's an excerpt describing the specifics of the change:


Extending campaign 60 days.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

The Time to Invest in ModVans is NOW!

over 1 year ago

Let me explain why:

1) In the last few weeks, we’ve been cold called by 3 RV Dealers (Colorado, Minnesota and Florida), 1 Ford Dealer (Colorado), 1 Merger & Acquisition firm on behalf of a large RV manufacturer (Europe) and 2 large investment groups. None of these calls has yet gone much further than introductions, but the point is that interest in ModVans is building and a deal that impacts stockholders could break at any moment. All these calls have two things in common – the callers see that the RV market is headed away from large RVs to smaller, hipper, more flexible vehicles and they like what ModVans is doing enough to make a call.

2) In March we will be exhibiting at the RVX RV industry trade show in Salt Lake City. This will be our first exposure to the full RV industry, including large RV Manufacturers and RV Dealers. We looked carefully at every other exhibitor and, in our opinion, the CV1 will be the most interesting and exciting new thing at the show! We had originally planned to bring one completed CV1 to show in our exhibit floor space (see 3D example layouts below), but, due to some exciting (and secret) developments this week, we will now be taking two CV1s! Building 2 CV1 in the next few weeks will be tough, but the team is ready for the challenge and the results will be worth the effort. With 2 RVs at RVX and our new and unique style with the CV1, 2019 will be the year that ModVans becomes a force to be reckoned with in the RV industry. At a minimum, we expect to receive a lot of free press and major RV dealer contacts, but this type of exposure could easily lead to a major event for ModVans investors.

Don’t kick yourself later down the road for failing to invest in ModVans when you had the chance! With positive cash flow from sales, a great team, solid growth plans, and a $900 billion (with a "B"!) addressable market, ModVans is a reliable investment that could end up being worth many times your original stake.

MODVANS RECEIVES CLEAN COMPLIANCE REVIEW FROM CROWDCHECK!

over 1 year ago

Every equity crowdfunding campaign must undergo a legal compliance review, and CrowdCheck recently concluded its review of ModVans.  Compliance checks determine whether a company is a legitimate venture conducting the type of business it claims, is properly incorporated in a US state, and meets the legal requirements for soliciting investment via Regulation Crowdfunding.

We are pleased to share ModVans' clean compliance report from CrowdCheck!  (http://portal.crowdcheck.com/#/report/view/493) Because we are confident in our proven business model and believe that ModVans has an extraordinary future, we believe that investing in ModVans is a good prospect and we hope that this latest success enhances our legitimacy and provides a boost of confidence to current and prospective investors.

The only thing holding us back from explosive growth is lack of capital.  In order to meet customer demand, ModVans must expand production into a bigger space and hire more team members.  INVEST NOW and INVEST BIG!  Be a ModVans backer and help us build ModVans for everyone who wants one!


Notice of Funds Disbursement

over 1 year ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, ModVans has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in ModVans be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

WE HIT $100K TODAY!

over 1 year ago

ModVans is thrilled to announce that our investment campaign hit the $100,000 mark today!  A huge thank you to all our investors for getting us this far!  Please encourage your friends and family to take advantage of a great opportunity to invest at the ground level!