HEVO
Growth Stage
Wireless EV charging: certified hardware + software commercially available today
Overview
Platform
Republic
Start Date
09/24/2021
Close Date
10/04/2021
Min. Goal
$5,000
Max. Goal
$5,000,000
Min. Investment
$5,000
Security Type
SAFE
Series
Series B
SEC Filing Type
RegD 506(c)
Valuation Cap
$50,000,000
Discount
0%
Year Founded
2011
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
High
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.
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