e’Lektrik

e’Lektrik

Early Stage

A modular energy storage system comprises hot-swappable and interchangeable battery modules

A modular energy storage system comprises hot-swappable and interchangeable battery modules

Overview

Raised to Date: Raised: $1,000

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/10/2024

Close Date

04/29/2024

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$9,000,000

Valuation Cap

$10,000,000

Discount

10%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

04/30/2024

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$20

# of Investors

4

Momentum
Not Funded
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Year Founded

2020

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Bridgeport, Connecticut

Business Type

Growth

e’Lektrik, with a valuation of $10 million, is raising funds on Wefunder. The company has developed a modular energy storage system that comprises hot-swappable and interchangeable battery modules. e’Lektrik’s battery modules lead to increased performance and reliability and allow sizing on-demand to scale in increments to different sizes. The components of the system can be added without powering down the system and can be replaced as electric energy flows into and out of the cabinet and battery pack. Pierre Richard Presna founded e’Lektrik in November 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for research and development, marketing and advertising, operating costs, staffing, and working capital.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$-152

Summary Balance Sheet

FY 2023 FY 2022

Cash

$0

$448

Accounts Receivable

$0

$0

Total Assets

$0

$448

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 03/10/2024
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e’Lektrik on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $10,000,000

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