Harmony Turbines
Harmony Turbines ...we now have the power to change the world!
Overview
Raised: $1,977,058
Total Commitments ($USD)
Platform
StartEngine
Start Date
10/13/2022
Close Date
03/13/2023
Min. Goal
$9,999
Max. Goal
$1,999,999
Min. Investment
$199
Security Type
Equity - Preferred
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$1.07
Pre-Money Valuation
$12,103,726
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/26/2023
Days Remaining
Funded
% of Min. Goal
19,772%
% of Max. Goal
99%
Likelihood of Max
Funded
Avg. Daily Raise
$13,093
# of Investors
1,849
Momentum
Funded
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Year Founded
2020
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Harmony Turbines, with a valuation of $12.1 million, is raising funds on StartEngine. The company makes safe and affordable wind turbines. These turbines can be used at home to reduce or eliminate electric bills. Harmony Turbines has a patented technology capable of generating better returns on investment than the competitor models. The turbines are low-cost, and easy to maintain, with little to no noise. Harmony Turbines aims to become the next global standard in residential and small-scale wind power generation. The current crowdfunding campaign has a minimum target of $9,999.15 and a maximum target of $1.9 million. The campaign proceeds will be used for growth, partnerships, and expansion.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-128,594 |
$-46,941 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$2,655 |
$46,373 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$15,620 |
$51,194 |
|
Short-Term Debt |
$629 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$629 |
$0 |
Financials as of: 10/13/2022
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Harmony Turbines | 03/13/2023 | StartEngine | $12,103,726 | $1,977,058 | Equity - Preferred | Funded | RegCF |
| Harmony Turbines | 03/19/2022 | Wefunder | $12,000,000 | $206,692 | SAFE | Funded | RegCF |
| Harmony Turbines | 03/24/2021 | Wefunder | $2,500,000 | $183,457 | SAFE | Funded | RegCF |
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