Harmony Turbines

Harmony Turbines

Early Stage

Harmony Turbines ...we now have the power to change the world!

Harmony Turbines ...we now have the power to change the world!

Overview

Raised this Round: Raised: $206,692

Total Commitments ($USD)

Platform

Wefunder

Start Date

08/19/2021

Close Date

03/19/2022

Min. Goal
$50,000
Max. Goal
$349,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$10,000,000

Valuation Cap

$12,000,000

Discount

0%

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

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.

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

Financials as of: 08/19/2021
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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

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

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