Harmony Turbines

Harmony Turbines

Early Stage

Residential and Small-Scale Wind Turbine Systems

Residential and Small-Scale Wind Turbine Systems

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

Andes Capital

Start Date

05/26/2024

Close Date

05/22/2025

Min. Goal
$25,000
Max. Goal
$2,000,000
Min. Investment

$200

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$26,700,000

Year Founded

2020

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Location

Palmyra, Pennsylvania

Harmony Turbines, with a valuation of $26.7 million, is raising funds on Andes Capital. The company makes safe and affordable wind turbines. Harmony Turbines’ products can be used at home to reduce or eliminate electric bills as the company has a patented technology capable of generating better returns on investment than the competitor models. The turbines of Harmony Turbines are low-cost, and easy to maintain, with little to no noise. The company has two patents granted for its generator and furling technologies and is partnering with engineering universities for performance validation. Christopher Moore founded Harmony Turbines in August 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $2 million. The campaign proceeds will be used for research and development, salaries, operations, and working capital.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$21,440

$0

COGS

$5,805

$0

Tax

$0

$0

 

 

Net Income

$-690,822

$-355,324

Summary Balance Sheet

FY 2023 FY 2022

Cash

$892,310

$474,600

Accounts Receivable

$0

$0

Total Assets

$1,178,896

$510,569

Short-Term Debt

$332

$1,982

Long-Term Debt

$0

$0

Total Liabilities

$332

$1,982

Financials as of: 05/26/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Harmony Turbines 05/21/2025 Andes Capital $26,700,000 $0 Equity - Preferred Active RegCF
Harmony Turbines 03/12/2023 StartEngine $12,103,726 $1,977,058 Equity - Preferred Funded RegCF
Harmony Turbines 03/18/2022 Wefunder $12,000,000 $206,692 SAFE Funded RegCF
Harmony Turbines 03/23/2021 Wefunder $2,500,000 $183,457 SAFE Funded RegCF
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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

Funding data not publicly available

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Harmony Turbines on Andes Capital 2024
Platform: Andes Capital
Security Type: Equity - Preferred
Valuation: $26,700,000
Price per Share: $2.00

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