Enervolt
About this raise: Enervolt, with a valuation of $17.5 million, is raising funds on StartEngine. The company has developed its proprietary software that monitors energy systems in real-time and provides energy solutions for vital problems. Enervolt’s Nexus Optimiser Flex Kits and Roof Kits provide an integrated solution for optimizing solar panel energy output along with monitoring and storing capacities. The company has received many orders in the past few months, including one from a chain of battery and golf cart suppliers. William Patridge founded Enervolt in 2012. The current crowdfunding campaign has a minimum target of $9,999.35 and a maximum target of $534,998.14. The campaign proceeds will be used to expand sales of solar golf cart kits and solar kit technology and develop a new patented graphene supercapacitor battery system.
Investment Overview
Invested : $76,122
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 11/24/2021
- Close Date
- 05/03/2022
$9,999
$534,998
$102
Equity - Common
Seed
RegCF
$2.27
$17,544,340
Company & Team
Company
- Year Founded
- 2012
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
-
Revenue
- $0
- Monthly Burn
- $63,687
-
Runway
- 0.3 months
- Gross Margin
- 34%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 05/03/2022 | StartEngine | $17,544,340 | $76,122 | Equity - Common | Funded | RegCF |