EV Solar Kits

EV Solar Kits

Early Stage

Ride the Sun, Drive with Freedom

Ride the Sun, Drive with Freedom

Overview

Raised to Date: Raised: $9,898

Total Commitments ($USD)

Platform

StartEngine

Start Date

03/26/2024

Close Date

06/25/2024

Min. Goal
$15,000
Max. Goal
$617,997
Min. Investment

$498

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.05

Pre-Money Valuation

$4,491,722

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/27/2024

Days Remaining

59

% of Min. Goal

66%

% of Max. Goal

2%

Likelihood of Max
unlikely
Avg. Daily Raise

$309

# of Investors

10

Momentum
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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

EV Solar Kits, with a valuation of $4.49 million, is raising funds on StartEngine. 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, while increasing the range and decreasing vehicle operating costs. EV Solar Kits has achieved $100,000 worth of pre-orders without any marketing spending and has an email contact base of over 4,000. Steele Wasik and Jonathan Roklen founded EV Solar Kits in August 2021. The current crowdfunding campaign has a minimum target of $14,999.85 and a maximum target of $617,997.10. The campaign proceeds will be used for piloting manufacturing builds, company employment, engineering, and design.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-83,020

$-142,598

Summary Balance Sheet

FY 2023 FY 2022

Cash

$97,028

$143,969

Accounts Receivable

$0

$0

Total Assets

$98,588

$145,529

Short-Term Debt

$113,905

$144,127

Long-Term Debt

$196,301

$130,000

Total Liabilities

$310,206

$274,127

Financials as of: 03/26/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
EV Solar Kits 06/24/2024 StartEngine $4,491,722 $9,898 Equity - Common Active RegCF
EV Solar Kits 03/05/2023 Microventures $3,000,000 $62,551 Convertible Note Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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EV Solar Kits on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $4,491,722
Price per Share: $2.05

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