Kailo Energy

Kailo Energy

[Closed for Investment] Kailo Energy manufactures and sells affordable battery storage systems called the Kailo PowerBox. The PowerBox is home-integrated, sold through a distributor network, and can keep your essentials powered up when the power’s out -- without the need for moving big appliances or running extension cords. Plus, the battery is portable, so you can use it while camping, tailgating, in your RV, or any other place you can think of for about $3,000 installed. The product is currently in production, and the company has contracts with dozens of distributors in place, of who are paying for exclusive geographic sales rights. They’ve also sold thousands of precursor units throughout Africa already. Plus, this team knows the industry -- they previously helped start Goal Zero, a large international portable battery company, that sold to NRG Energy.

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Investment Overview

Raised this Round: Raised: $0

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
05/21/2018
Close Date
11/14/2018
Min. Goal
$150,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

Equity - Preferred

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.25

Pre-Money Valuation

$17,500,000

Company & Team

Company

Year Founded
2017
Industry
Energy, Power, & Natural Resources
Tech Sector
Location
Lindon, Utah
Company Website
Visit Website

Team

Employees
4

Funding data not publicly available

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/14/2018 Wefunder $17,500,000 $0 Equity - Preferred Not Funded RegCF
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Kailo Energy on Wefunder
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $17,500,000
Price per Share: $0.25

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