Kilowatts For A Cause

Kilowatts For A Cause

Closed: Mar. 2023

About this raise: 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.

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Investment Overview

Invested this round: $80,100

Deal Terms

Total Commitments ($USD)

Platform
Raise Green
Start Date
09/02/2022
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    Open SEC Filing

Valuation Cap

Uncapped

Discount

0%

Company & Team

Company

Year Founded
2022
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
Location
Ann Arbor, Michigan
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Scott Ringlein
Title
CEO

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

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

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/20/2023 Raise Green - $80,100 Convertible Note Funded RegCF
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Add to portfolio
Kilowatts For A Cause on Raise Green 2022
Platform: Raise Green
Security Type: Convertible Note

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Warning: according to the close date for this deal, Kilowatts For A Cause may no longer be accepting investments.

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