Kailo Energy
Early Stage
KAILO Energy keeps your essentials powered even when the power's out.
Overview
Raised: $0
Total Commitments ($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
Price Per Share
$0.25
Pre-Money Valuation
$17,500,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
06/06/2018
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Industry
Energy, Power, & Natural Resources
Tech Sector
Location
Lindon, Utah
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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