PI Energy (2022)

PI Energy (2022)

About this raise

Pacific Integrated Energy, with a pre-money valuation of $87.9 million, is raising crowdfunding on StartEngine. The company deals in solar technology and is developing the next generation of solar photovoltaic materials. The solar nanofilms developed by Pacific Integrated Energy are thin and flexible and come with low installation costs. Phil Layton and David Andresen founded Pacific Integrated Energy in August 2010. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $3,938,287, will be used to expand and create new markets. Pacific Integrated Energy is led by a great team of innovation, technology, and industry experts. The business aims to revolutionize the solar technology industry and help grow clean energy.

Expand

Investment Overview

Invested this round: $1,126,409

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
05/31/2021
Close Date
06/21/2022
Min. Goal
$10,000
Max Goal
$3,938,288
Min. Investment

$500

Security Type

Equity - Common

Company Stage

Growth Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$12.50

Pre-Money Valuation

$87,861,525

Company & Team

Company

Year Founded
2010
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
San Diego, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Phil Layton
Title
CEO
Founder Name
David Andresen
Title
Board Member

Financials

 Revenue
$6,500
 Cash on Hand
$251,219

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$6,500

$6,000

COGS

$4,807

$0

Tax

$0

$0

 

 

Net Income

$-1,211,884

$-1,872,477

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$251,219

$148,318

Accounts Receivable

$4,715

$8,453

Total Assets

$495,112

$179,794

Short-Term Debt

$205,883

$134,546

Long-Term Debt

$476,268

$176,268

Total Liabilities

$682,151

$310,814

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
PI Energy 06/21/2022 StartEngine $87,861,525 $1,126,409 Equity - Common Funded RegCF
Pacific Integrated Energy 10/27/2020 StartEngine $67,934,930 $1,070,000 Equity - Common Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.

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

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
PI Energy on StartEngine 2021
Platform: StartEngine
Security Type: Equity - Common
Valuation: $87,861,525
Price per Share: $12.50

Follow company

Follow PI Energy on StartEngine 2021

Buy PI Energy's Deal Report

Warning: according to the close date for this deal, PI Energy may no longer be accepting investments.

PI Energy Deal Report

Get Kingscrowd's comprehensive report on PI Energy including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether PI Energy is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the PI Energy deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge