[Closed for Investment] HEVO is raising funds on Republic via Reg D 506(c) raise. The company has developed wireless EV charging technology to meet universal safety and performance standards. HEVO is building the global wireless charging standard for EVs to make EV charging simple and universal with its universally adaptable chargers integrated with the EV transportation app. The company has done successful pilots with major auto and energy companies and has a robust IP portfolio. Jeremy McCool founded HEVO in November 2011. The current crowdfunding campaign has a maximum target of $5 million. The campaign proceeds will be used to pay ordinary course remuneration to executive officers.
Investment Overview
Deal Terms
- Platform
- Republic
- Start Date
- 09/24/2021
- Close Date
- 10/04/2021
$5,000
$5,000,000
$5,000
SAFE
Series B
RegD 506(c)
$50,000,000
0%
Company & Team
Company
- Year Founded
- 2011
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- High
Financials
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $14,500,000
- Grants
- $2,100,000
- VC Backed?
- Yes
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.