Kilowatts For A Cause
Early Stage
Radically new approach to installing solar
Overview
Raised: $80,100
Total Commitments ($USD)
Platform
Raise Green
Start Date
09/01/2022
Close Date
03/20/2023
Min. Goal
$75,000
Max. Goal
$107,000
Min. Investment
$500
Security Type
Convertible Note
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
Uncapped
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$403
Momentum
Funded
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Year Founded
2022
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
Kilowatts For A Cause is raising funds on Raise Green. The company is bringing a new approach to installing solar energy systems. It will originate, build, and maintain solar energy, energy storage, and EV charging assets for commercial and industrial building owners and will ensure operational savings beings shared with the energy purchaser and the local community. Kilowatts For A Cause is in agreement with The Grand Marais School for its first project, which includes the development, installation, and maintenance of a 20kW solar energy storage system. Scott Ringlein founded Kilowatts For A Cause in April 2022. The current crowdfunding campaign has a minimum target of $75,000 and a maximum target of $107,000. The campaign proceeds will be used for project development and staffing, sales and marketing, and legal expenses.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
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Revenue |
$0 |
$0 |
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COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
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Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 09/01/2022
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