About this raise

AquiPor, with a valuation of $51.95 million, is raising funds on StartEngine. The company has developed an innovative technology that is meant to revolutionize stormwater systems in cities across the US. The proprietary technology converts roads and sidewalks into permeable surfaces and filters rain as and when it falls. It helps to eliminate pollution from stormwater and replenishes the natural water cycle. AquiPor’s technology is patented and will help in reducing millions of dollars of infrastructure improvement costs. Greg Johnson and Kevin Kunz founded Aquipor in October 2015. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $4.5 million. The campaign proceeds will be used for marketing, research and development, company employment, operations, working capital, and intellectual properties.

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Investment Overview

Invested this round: $1,085,191

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
06/02/2023
Close Date
07/22/2024
Min. Goal
$9,998
Max Goal
$4,492,695
Min. Investment

$497

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.81

Pre-Money Valuation

$51,946,534

Company & Team

Company

Year Founded
2015
Industry
Industrial Services
Tech Sector
Cleantech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Location
Spokane, Washington
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Kevin Kunz
Title
Co-Founder & VP of Market Development
Founder Name
Greg Johnson
Title
CEO

Financials

as of Fiscal Year 2022
 Revenue
$0
 Monthly Burn
$58,193
 Runway
4.6 months

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-698,316

$-653,386

Summary Balance Sheet

FY 2022 FY 2021

Cash

$268,588

$259,930

Accounts Receivable

$87,809

$85,430

Total Assets

$649,150

$618,613

Short-Term Debt

$45,130

$65,803

Long-Term Debt

$98,475

$95,596

Total Liabilities

$143,605

$161,399

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$4,138,762
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2025 StartEngine $55,524,159 $153,581 Equity - Common Active RegCF
07/22/2024 StartEngine $51,946,534 $1,085,191 Equity - Common Funded RegCF
08/29/2022 StartEngine $50,370,232 $1,554,261 Equity - Common Funded RegCF
09/22/2020 StartEngine $19,400,000 $1,069,895 Equity - Common Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

Founder Profile

AquiPor Founder Greg Johnson on Revolutionizing Stormwater Management with Permeable Concrete

At a time where droughts are affecting some parts of the United States, every drop of water counts to replenish the groundwater. AquiPor is improving pervious concrete to help cities manage stormwaters and hydrate soils.

We reached out to AquiPor founder Greg Johnson to learn about how he started the company and his plan for the future of his startup.

Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.

Read Founder Interview

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
AquiPor on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $51,946,534
Price per Share: $2.81

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Follow AquiPor on StartEngine 2023

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Warning: according to the close date for this deal, AquiPor may no longer be accepting investments.

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