Exlites Holdings International

Early Stage

Let your electric vehicle take you farther

Overview

Raised to Date: Raised: $1,050

Total Commitments ($USD)

Platform

TruCrowd

Start Date

01/11/2023

Close Date

03/17/2023

Min. Goal

$10,000

Max. Goal

$5,000,000

Min. Investment

$350

Security Type

SAFE

Series

Pre-Seed

Funding Type

RegCF

Valuation Cap

$23,637,691

Discount Rate

25%

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/02/2023

Days Remaining

43

% of Min. Goal

11%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$48

# of Investors

2

Momentum
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Location

Hudson, Florida

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

Exlites Holdings International, with a valuation of $23.6 million, is raising funds on TruCrowd. The company has designed and developed electric vehicle range extenders used for solar and water-generated power. The patented technology of Exlites Holdings International has innovative design and engineering and can add an extra 100 miles to the range of electric vehicles. Mark Julian founded Exlites Holdings International in April 1979. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $5 million. The campaign proceeds will be used for marketing and sales, general operating expenses, manufacturing, engineering team, prototyping green technologies, PR, distribution, and taking extenders to the market.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$166,676

$0

COGS

$-145,048

$0

Tax

$0

$0

 

 

Net Income

$-382,923

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$2,709

$0

Accounts Receivable

$27,432

$0

Total Assets

$5,668,822

$0

Short-Term Debt

$305

$0

Long-Term Debt

$0

$0

Total Liabilities

$305

$0

Financials as of: 01/11/2023
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Exlites Holdings International on TruCrowd 2023
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Platform: TruCrowd
Security Type: SAFE
Valuation: $23,637,691

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