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.
Investment Overview
Invested : $62,551
Deal Terms
Total Commitments
- Platform
- Microventures
- Start Date
- 10/05/2022
- Close Date
- 03/06/2023
$25,000
$250,000
$100
Convertible Note
Early Stage
RegCF
$3,000,000
20%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
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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 |
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.