Pacific Integrated Energy (2020)

About this raise

Pacific Integrated Energy, with a pre-money valuation of $67.9 million, is raising funds on StartEngine. The company is using revolutionary technology to create thin and flexible solar nanofilms so that solar can be installed on almost all surfaces. The solar module design of Pacific Integrated Energy is different from the conventional designs in being durable, non-toxic, lightweight, flexible, thin, and low-cost. Pacific Integrated Energy was founded by Phil Layton and has raised over $14 million since its founding. The current round of crowdfunding has a minimum raise of $10,000 and a maximum raise of $1,070,000, and the funds will be used to expand the product offerings of Pacific Integrated Energy into multiple markets. The technology of the company is disruptive and can put the solar module market on a fast growth path.

Investment Overview

Invested this round: $1,070,000

Deal Terms
Company & Team

Total Commitments

Platform: StartEngine
Start Date: 02/07/2020
Close Date: 10/27/2020

Min. Goal
$10,000

Max Goal
$1,070,000

Min. Investment

$500

Security Type

Equity - Common

Series

Series B

SEC Filing Type

RegCF

Price Per Share

$10.00

Pre-Money Valuation

$67,934,930

Company

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

Team

Employees: 8

Founder Name: Phil Layton
Title: CEO

Founder Name: David Andresen
Title: Board Member

Financials

Revenue: $6,000
Monthly Burn: $148,358
Runway: 1 months

View Detailed Financials

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$6,000	$61,900
COGS	$0	$0
Tax	$9,085	$17,422


Net Income	$-1,780,291	$-1,792,963

Summary Balance Sheet

	Most Recent Year	Prior Year
Cash	$148,318	$117,295
Accounts Receivable	$8,453	$0
Total Assets	$248,419	$244,367
Short-Term Debt	$83,023	$70,219
Long-Term Debt	$177,573	$469,125
Total Liabilities	$260,596	$539,344

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Ratings

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

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Revenue
Valuation
Price per Share
Employees

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

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View on StartEngine

Common Stock, $67.9M • Closed

11 Following

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48 Invested

Deal Considerations

1
Key Challenges
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Other Risks
- No other risks found

Pacific Integrated Energy (2020)

Pacific Integrated Energy (2020)

About this raise