OriginClear

OriginClear

OriginClear, with a valuation of $16 million, is raising funds through Reg A+ crowdfunding with Manhattan Street Capital as the Broker-Dealer. It is the Clean Water Innovation Hub focused on saving the world’s freshwater supply. OriginClear is making the future of wastewater treatment affordable with its Water On Demand fund, which provides leased equipment to businesses for water treatment. The business also offers water treatment systems scaled down in size and cost but not in capability, as well as progressive water treatment for industrial applications. Riggs Eckelberry founded OriginClear in 2007. The current crowdfunding campaign has a maximum target of $50 million. The campaign proceeds will be used for marketing, compensation, general and administrative expenses, corporate debt reduction, working capital, financings, and acquisitions.

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Investment Overview

Funding data not publicly available

Deal Terms

Platform
Manhattan Street Capital
Start Date
07/05/2024
Close Date
Not Provided
Min. Goal
$250
Max. Goal
$50,000,000
Min. Investment

$250

Security Type

Equity - Common

Series

Series B

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$0.01

Pre-Money Valuation

$16,000,000

Company & Team

Company

Year Founded
2007
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Clearwater, Florida
Business Type
High Growth
Company Website
Visit Website

Team

Employees
32
Prior Founder Exits?
No
Founder Name
Riggs Eckelberry
Title
President & CEO

Funding data not publicly available

Financials

 Revenue
$6,753
 Monthly Burn
$1,054,944
 Runway
0.1 months

Balance Sheet

Cash and Cash Equivalents

$157,351

Investment Securities

$3,200

Accounts and Notes Receivable

$66,000

Property, Plant and Equipment (PP&E)

$139,473

Property and Equipment

$139,473

Total Assets

$2,452,980

Accounts Payable & Accrued Liabilities

$659,072

Long Term Debt

$2,019,747

Total Liabilities

$49,696,770

Total Stockholders' Equity

$-54,584,012

Total Liabilities and Equity

$2,452,980

Statement of Comprehensive Income Information

Total Revenues

$6,753

Costs & Expenses Applicable to Rev

$526,640

Depreciation and Amortization

$6,582

Net Income

$-12,659,322

Earnings Per Share - Basic

$0.00

Earnings Per Share - Diluted

$0.00

Auditor: M&K CPAS, PLLC
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Company Funding & Growth

Funding history

Total Prior Capital Raised
$9,230,500
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
07/05/2025 Manhattan Street Capital $16,000,000 - Equity - Common Active RegA+
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OriginClear on Manhattan Street Capital 2024
Platform: Manhattan Street Capital
Security Type: Equity - Common
Valuation: $16,000,000
Price per Share: $0.01

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