Next Bolt
Early Stage
Pre-IPO Company Reshaping $1.8Tn Market Potential 385X ROI For Early Backers.
Overview
Raised: $4,999,999
Total Commitments ($USD)
Platform
Wefunder
Start Date
02/14/2022
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
Price Per Share
$1.94
Early Bird Valuation
$26,249,486
Pre-Money Valuation
$35,120,002
Rolling Commitments ($USD)
Status
Funded
Reporting Date
10/02/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$21,930
# of Investors
6,865
Momentum
Funded
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Year Founded
2019
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
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: 02/14/2022
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