OffGridBox

OffGridBox

Early Stage

Affordable Clean Water and Renewable Energy in Remote Areas

Affordable Clean Water and Renewable Energy in Remote Areas

Overview

Raised to Date: Raised: $15,123

Total Commitments ($USD)

Platform

Netcapital

Start Date

01/17/2024

Close Date

04/26/2024

Min. Goal
$10,000
Max. Goal
$1,200,000
Min. Investment

$99

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$11,477,740

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2024

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$153

Momentum
Funded
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Year Founded

2016

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Cambridge, Massachusetts

Business Type

Growth

OffGridBox, with a valuation of $11.5 million, is raising funds on NetCapital. It is an energy and water company that makes reliable and rugged products. OffGridBox manufactures and installs solar power and clean water modules that allow customers to be resilient amidst climate change. The products of OffGridBox include a clean water module called CHIARA, a power module called FLEX, a containerized unit called PIONEER, and a small integrated unit called MINI. Jodie Wu founded OffGridBox in October 2016. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.2 million. The campaign proceeds will be used for R&D, sales and marketing, operations and logistics, and general and administrative expenses.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$133,886

$431,793

COGS

$60,595

$229,003

Tax

$0

$0

 

 

Net Income

$-46,353

$95,962

Summary Balance Sheet

FY 2022 FY 2021

Cash

$36,314

$51,513

Accounts Receivable

$22,481

$188,491

Total Assets

$404,158

$801,799

Short-Term Debt

$0

$0

Long-Term Debt

$733,824

$682,661

Total Liabilities

$733,824

$682,661

Financials as of: 01/17/2024
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OffGridBox on NetCapital 2024
Platform: Netcapital
Security Type: Equity - Common
Valuation: $11,477,740
Price per Share: $1.00

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Follow OffGridBox on NetCapital 2024

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