Formula Wake Revenue

Motor Vehicle Manufacturing • Winston-Salem, North Carolina, United States • 1-10 Employees

Formula Wake revenue & valuation

Annual revenue	$513,330
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Motor Vehicle Manufacturing industry and current estimated revenues	$1,700,000
Total funding	No funding

Key Contact at Formula Wake

William Slater

Founder & Team Lead

Company overview

Headquarters	1834 Wake Forest Rd, Winston-Salem, North Carolina 27109, US
NAICS	3361
Founded	2024
Employees	1-10

About Formula Wake

Formula Wake is Wake Forest University's Formula SAE team, where students come together to design, build, and race a high-performance formula-style vehicle. More than just an engineering project, our team fosters leadership, technical expertise, and essential life skills. By uniting engineering and business students, we bridge the gap between innovation and strategic planning, ensuring both technical excellence and organizational success. Through hands-on experience, collaboration, and problem-solving, we create a supportive community that prepares members for future careers while building lasting connections. At Formula Wake, we are driven by passion, teamwork, and the pursuit of excellence — on and off the track.

Employees by Management Level

Total employees: 1-10

Seniority

Employees

Manager

Founder/Owner

Employees by Department

Formula Wake has 2 employees across 2 departments.

Departments

Number of employees

Funding Data

Formula Wake has never raised funding before.

Frequently asked questions

Formula Wake is located in Winston-Salem, North Carolina, US.

Formula Wake generates an estimated annual revenue of $513,330. This revenue figure reflects the company's market position and business performance in its industry.

Formula Wake has an estimated valuation of $1,700,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.

Formula Wake was founded in 2024, making it 2 years old. The company has established itself as a significant player in its industry over this time.

Formula Wake has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.

Key Contact at Formula Wake

William Slater

Founder & Team Lead

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