EV Solar Kits (2023)

EV Solar Kits (2023)

About this raise

EV Solar Kits, with a valuation of $3 million, is raising funds on MicroVentures. The company makes rooftop and extendable solar panel kits for electric automobiles. The solar panel kits of EV Solar Kits provide charging accessibility to electric vehicles, especially long-haul ones, along with increasing the range and decreasing the vehicle operating costs. EV Solar Kits has achieved $180,000 worth of pre-orders without any marketing spending. Steele Wasik and Jonathan Roklen founded EV Solar Kits in August 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $250,000. The campaign proceeds will be used for engineering, prototyping, sourcing, marketing, salaries, and legal expenses.

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Investment Overview

Invested this round: $62,551

Deal Terms

Total Commitments

Platform
Microventures
Start Date
10/05/2022
Close Date
03/06/2023
Min. Goal
$25,000
Max Goal
$250,000
Min. Investment

$100

Security Type

Convertible Note

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$3,000,000

Discount

20%

Company & Team

Company

Year Founded
2021
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Austin, Texas
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Steel Waslk
Title
CEO
Founder Name
Jonathan Roklen
Title
Director of Supply Chain

Financials

 Revenue
$0
 Monthly Burn
$83
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,000

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$120,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/25/2024 StartEngine $4,491,722 $13,004 Equity - Common Not Funded RegCF
03/06/2023 Microventures $3,000,000 $62,551 Convertible Note 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

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Add to portfolio
EV Solar Kits on MicroVentures 2022
Platform: Microventures
Security Type: Convertible Note
Valuation: $3,000,000

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Follow EV Solar Kits on MicroVentures 2022

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

EV Solar Kits Deal Report

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