SolarGaps on StartEngine 2022 – KingsCrowd

0
SolarGaps on StartEngine 2022 – KingsCrowd


Safety Kind

Fairness – Frequent

Pre-Cash Valuation

$15,030,000

Reporting Date

12/01/2022

Probability of Max

Momentum

cold.svg

Create a free account right this moment to realize entry to KingsCrowd analytics.

Location

Redwood Metropolis, California

Trade

Power, Energy, & Pure Assets

SolarGaps, with a valuation of $15.03 million, is elevating funds on StartEngine. The corporate makes sensible photo voltaic blinds that generate power from the solar, convert the power, and ship it to the grid. The power generated utilizing SolarGaps can energy totally different residence home equipment and assist in reducing power consumption. SolarGaps has over 20 distributors and greater than 300 massive installations. The enterprise has received world awards from SVIEF, TechTour, Amazon, Katerva, Financial institution of Reconstruction and Growth, and The Smarter E. Eugene Erik and Andrew Koval based SolarGaps in August 2016. The present crowdfunding marketing campaign has a minimal goal of $9,999.96 and a most goal of $4.1 million. The marketing campaign proceeds will probably be used to scale the product into its B2B model, increase gross sales development and promotion, and add extra functionalities.

Abstract Revenue and Loss Assertion

Income

$17,427

$49,878

COGS

$17,427

$49,878

Tax

$0

$0

 

 

Internet Earnings

$-4,232

$-4,872

Abstract Stability Sheet

Money

$305

$0

Accounts Receivable

$0

$0

Whole Belongings

$303,023

$165,462

Brief-Time period Debt

$146,827

$164,153

Lengthy-Time period Debt

$0

$0

Whole Liabilities

$146,827

$164,153

Financials as of: 12/01/2022

Create a free account right this moment to realize entry to KingsCrowd analytics.

Elevate Historical past

SolarGaps 02/28/2023 StartEngine $15,030,000 $0 Fairness – Frequent
Energetic
RegCF
SolarGaps 04/30/2022 Wefunder $13,000,000 $1,034,138 SAFE
Funded
RegCF

Create a free account right this moment to realize entry to KingsCrowd analytics.