Light Up Rural America (2023)
About this raise
Light Up Rural America is raising funds on Climatize. The company manages construction projects, including over 100 solar installations. Light Up Rural America is seeking investment for three solar and storage projects that have applied for the US Department of Agriculture Rural Energy for America Program. The energy production by these projects will avoid 2,838 metric tons of carbon dioxide equivalent and will provide sustainable and renewable energy. John Carey, Lester Crafton, and Chris Snodgrass founded Light Up Rural America in May 2023. The current crowdfunding campaign has a minimum target of $120,000 and a maximum target of $310,000. The campaign proceeds will be used to fund the three solar and storage projects.
Investment Overview
Invested : $310,000
Deal Terms
Total Commitments
- Platform
- Climatize
- Start Date
- 10/27/2023
- Close Date
- 12/29/2023
$120,000
$310,000
$5
Debt
RegCF
10.00%
3.0 years
Company & Team
Company
- Year Founded
- 2023
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Solar for Liberty Hill Farms | 06/27/2024 | Climatize | - | $980,000 | Debt | Funded | RegCF |
| Countryside Solar Portfolio | 05/04/2024 | Climatize | - | $885,000 | Debt | Funded | RegCF |
| La Finca’s Solar Energy Project | 04/19/2024 | Climatize | - | $100,000 | Debt | Funded | RegCF |
| Solar for Debra’s Family Farm | 03/29/2024 | Climatize | - | $29,965 | Debt | Funded | RegCF |
| Solar Harvest for Howle Farms | 03/14/2024 | Climatize | - | $309,200 | Debt | Funded | RegCF |
| Shifting Gears to Solar | 03/04/2024 | Climatize | - | $144,400 | Debt | Funded | RegCF |
| Light Up Rural America | 12/29/2023 | Climatize | - | $310,000 | Debt | Funded | RegCF |
| Solar Resilience for Farmer’s Hardware | 12/23/2023 | Climatize | - | $264,100 | Debt | Funded | RegCF |