GoSun (2025)
About this raise
GoSun, with a valuation of $41.13 million, is raising funds on StartEngine. The company uses solar technologies to create efficient products for cooking, cooling, lighting, and charging electronics using solar energy. GoSun products support independence and non-reliance on non-renewable sources of energy, which helps to create a healthier and more sustainable environment. The business has sold over 175,000 products across 80 countries and has reported $25 million in sales to date. Patrick Sherwin founded GoSun in December 2016. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $1.5 million. The campaign proceeds will be used for research and development, inventory, marketing, and working capital.
Investment Overview
Committed : $178,842
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 05/06/2025
- Close Date
- 08/04/2025
$9,999
$1,500,000
$348
Equity - Common
Growth Stage
RegCF
$3.00
$41,127,498
Company & Team
Company
- Year Founded
- 2016
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
Financials
-
Revenue
-
$2,600,039
as of FY2024
- Monthly Burn
-
$101,671
as of FY2024
-
Runway
-
2.4 months
as of Apr '25
- Gross Margin
-
46%
as of FY2024
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $4,020,931
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 08/04/2025 | StartEngine | $41,127,498 | $178,842 | Equity - Common | Active | RegCF |
| 09/23/2024 | StartEngine | $40,817,388 | $292,944 | Equity - Common | Funded | RegCF |
| 04/10/2023 | StartEngine | $59,891,925 | $2,798,114 | Equity - Preferred | Funded | RegCF |
| 07/14/2020 | StartEngine | $14,029,817 | $1,069,999 | Equity - Common | Funded | RegCF |
| 09/06/2017 | SeedInvest | $10,000,000 | $599,459 | Convertible Note | Funded | RegCF / RegD 506(c) |
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.