Next Bolt

Next Bolt

Early Stage

Pre-IPO Company Reshaping $1.8Tn Market Potential 385X ROI For Early Backers.

Pre-IPO Company Reshaping $1.8Tn Market Potential 385X ROI For Early Backers.

Overview

Raised this Round: Raised: $4,999,999

Total Commitments ($USD)

Platform

Wefunder

Start Date

02/13/2022

Close Date

09/30/2022

Min. Goal
$250,000
Max. Goal
$5,000,000
Min. Investment

$250

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.94

Early Bird Valuation

$26,249,486

Pre-Money Valuation

$35,120,002

Year Founded

2019

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

San Francisco, California

Business Type

Growth

Next Bolt, with a valuation of $35.1 million, is raising funds on Wefunder. The company is developing the first affordable home energy storage battery. The battery will be sold for as low as $100 a month and will work great for clean energy storage. Next Bolt battery is expected to be perfect for powering homes, commercial, the solar industry, and electric vehicle charging. Jason Adams founded Next Bolt in August 2019. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $5,000,000. The campaign proceeds will be used for scaling up battery production R&D, hiring new team members, marketing, and operations.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-16,200

$-3,655

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$61,165

$36,345

Accounts Receivable

$0

$0

Total Assets

$101,165

$56,345

Short-Term Debt

$1,020

$0

Long-Term Debt

$60,000

$0

Total Liabilities

$61,020

$0

Financials as of: 02/13/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Next Bolt 08/17/2024 Dealmaker Securities $61,857,987 $433,293 Equity - Common Active RegA+
Next Bolt 09/29/2022 Wefunder $35,120,002 $4,999,999 Equity - Preferred Funded RegCF
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Price per Share History

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

Valuation History

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.

Employee History

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Next Bolt on Wefunder 2022
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $35,120,002
Price per Share: $1.94

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