HEVO

HEVO

Growth Stage

Wireless EV charging: certified hardware + software commercially available today

Wireless EV charging: certified hardware + software commercially available today

Overview

Funding data not publicly available
Platform

Republic

Start Date

09/23/2021

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)    Open SEC Filing

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

Location

Brooklyn, New York

Business Type

Growth

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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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
HEVO 04/29/2023 Wefunder $50,000,000 $848,628 SAFE Funded RegCF
HEVO 08/16/2022 Republic $50,000,000 $1,937,219 SAFE Funded RegCF
HEVO 10/03/2021 Republic $50,000,000 - SAFE Funded RegD 506(c)
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

Funding data not publicly available

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HEVO on Republic 2021
Platform: Republic
Security Type: SAFE
Valuation: $50,000,000

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