About this raise

National Energy Improvement Fund is raising funds on Raise Green. The company offers loans to people of all income levels to reduce carbon emissions and energy costs. The NEIF loans are used for heating, cooling, roofing, insulation, and other energy and resilience measures. National Energy Improvement Fund has financed diversified projects where 77% of NEIF loans have been for efficient heating, cooling, and related improvements, and 23% have been for insulation and other resiliency measures. Peter J. Krajsa and Matthew H. Brown founded National Energy Improvement Fund in 2017. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $2 million. The campaign proceeds will be used for growth and expansion.

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Investment Overview

Invested this round: $325,000

Deal Terms

Total Commitments

Platform
Raise Green
Start Date
10/31/2022
Close Date
10/26/2023
Min. Goal
$10,000
Max Goal
$2,000,000
Min. Investment

$1,000

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1,000.00

Pre-Money Valuation

$2,000,000

Company & Team

Company

Year Founded
2007
Industry
Financial & Insurance Products & Services
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Location
Allentown, Pennsylvania
Business Type
Growth
Company Website
Visit Website

Team

Employees
20
Prior Founder Exits?
No
Founder Name
Peter Krajsa
Title
Co-Chair and Managing Member
Founder Name
Matthew Brown
Title
Chair

Financials

 Revenue +26% YoY
$1,371,375
 Monthly Burn
$91,034
 Runway
8.1 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,371,375

$1,091,101

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-1,092,402

$-1,354,093

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$738,153

$919,186

Accounts Receivable

$190,884

$126,607

Total Assets

$4,626,707

$3,312,987

Short-Term Debt

$0

$450,600

Long-Term Debt

$1,205,000

$171,000

Total Liabilities

$1,205,000

$621,600

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$1,063,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/31/2024 Raise Green - $258,000 Equity - Preferred Funded RegCF
03/30/2024 Raise Green - $431,000 Equity - Preferred Funded RegCF
12/31/2023 Raise Green - $473,000 Equity - Preferred Funded RegCF
10/26/2023 Raise Green $2,000,000 $325,000 Equity - Preferred Funded RegCF
10/19/2022 Raise Green $2,000,000 $810,000 Equity - Preferred Funded RegCF
05/31/2021 Raise Green - $140,000 Debt Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Add to portfolio
National Energy Improvement Fund on Raise Green 2022
Platform: Raise Green
Security Type: Equity - Preferred
Valuation: $2,000,000
Price per Share: $1.00

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