Joule Case on Wefunder 2022

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Joule Case on Wefunder 2022


Safety Sort

Fairness – Widespread

Pre-Cash Valuation

$34,967,760

Rolling Commitments ($USD)

Reporting Date

01/24/2023

Chance of Max

unlikely

Momentum

warm.svg

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Location

Seattle, Washington

Business

Power, Energy, & Pure Sources

Distribution Mannequin

B2B/B2C

Joule Case, with a valuation of $34.97 million, is elevating funds on Wefunder. The corporate has developed a patented know-how to supply transportable and scalable energy to the event-power trade. The facility know-how of Joule Case is inexperienced, clear, extremely practical, and economical. Joule Case powers huge music festivals, together with Burning Man and EDC, and has generated $1.8 million in gross sales since its inception, with a 200% year-over-year development charge. James Wagoner based Joule Case in January 2018. The present crowdfunding marketing campaign has a minimal goal of $250,000 and a most goal of $3.75 million. The marketing campaign proceeds will likely be used for manufacturing, gross sales, R&D, and advertising.

Abstract Revenue and Loss Assertion

Income

$284,275

$158,940

COGS

$194,043

$107,206

Tax

$3,808

$196

 

 

Internet Revenue

$-1,887,104

$-874,588

Abstract Steadiness Sheet

Money

$-3,424

$88,923

Accounts Receivable

$17,149

$789

Complete Property

$879,462

$1,094,349

Quick-Time period Debt

$2,134,809

$1,614,603

Lengthy-Time period Debt

$394,249

$888,030

Complete Liabilities

$2,529,058

$2,502,633

Financials as of: 11/14/2022

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Elevate Historical past

Joule Case 01/31/2023 Wefunder $34,967,760 $840,080 Fairness – Widespread
Energetic
RegCF
Joule Case 04/22/2022 Wefunder $29,922,109 $997,379 Fairness – Widespread
Funded
RegCF

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