Enervolt

Enervolt

Early Stage

Energy solutions for the vital problems

Energy solutions for the vital problems

Overview

Raised to Date: Raised: $76,122

Total Commitments ($USD)

Platform

StartEngine

Start Date

11/23/2021

Close Date

05/03/2022

Min. Goal
$9,999
Max. Goal
$534,998
Min. Investment

$102

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.27

Pre-Money Valuation

$17,544,340

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/30/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$476

# of Investors

100

Momentum
Funded
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Year Founded

2012

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Ashland, Oregon

Business Type

Growth

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.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$44,444

$9,516

COGS

$29,147

$10,380

Tax

$0

$0

 

 

Net Income

$-764,240

$-1,068,508

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$20,205

$5,177

Accounts Receivable

$0

$0

Total Assets

$131,666

$94,997

Short-Term Debt

$594,840

$380,650

Long-Term Debt

$214,596

$107,500

Total Liabilities

$809,436

$488,150

Financials as of: 11/23/2021
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Enervolt on StartEngine 2021
Platform: StartEngine
Security Type: Equity - Common
Valuation: $17,544,340
Price per Share: $2.27

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