About this raise

Harmony Turbines, with a valuation of $12 million, is raising funds on Wefunder. 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, easy to maintain, with little to no noise. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $349,000. The campaign proceeds will be used for marketing, purchasing needed material for the 1 kW prototype, fabricating and assembling the prototype, simulations, and testing and rating the prototype.

Expand

Investment Overview

Invested this round: $206,692

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
08/20/2021
Close Date
03/19/2022
Min. Goal
$50,000
Max Goal
$349,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$10,000,000

Valuation Cap

$12,000,000

Discount

0%

Company & Team

Company

Year Founded
2020
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2C
Margin
Low
Capital Intensity
High
Location
Palmyra, Pennsylvania
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Christopher Moore
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$3,912
 Runway
11.9 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-46,941

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$46,373

$0

Accounts Receivable

$0

$0

Total Assets

$51,194

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2025 StartEngine $20,058,083 $589,965 Equity - Preferred Active RegCF
07/15/2024 Andes Capital $26,700,000 $0 Equity - Preferred Withdrawn RegCF
03/13/2023 StartEngine $12,103,726 $1,977,058 Equity - Preferred Funded RegCF
03/19/2022 Wefunder $12,000,000 $206,692 SAFE Funded RegCF
03/24/2021 Wefunder $2,500,000 $183,457 SAFE Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.

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.

Employee History

Add to portfolio
Harmony Turbines on Wefunder 2021
Platform: Wefunder
Security Type: SAFE
Valuation: $12,000,000

Follow company

Follow Harmony Turbines on Wefunder 2021

Buy Harmony Turbines's Deal Report

Warning: according to the close date for this deal, Harmony Turbines may no longer be accepting investments.

Harmony Turbines Deal Report

Get Kingscrowd's comprehensive report on Harmony Turbines including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Harmony Turbines is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Harmony Turbines deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge