PVpallet

Early Stage

Reusable Solar Shipping Solutions

Analytics

Raised to Date: Raised: $127,253

Aggregate Commitments $

Platform

StartEngine

Start Date

11/23/2021

Close Date

02/22/2022

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$400

Security Type

Equity - Common

Funding Type

RegCF

Pre-Money Valuation

$18,497,525

Rolling Commitments $

Status

Active

Reporting Date

11/28/2021

Days Remaining

86

% of Min. Goal

1,273%

% of Max. Goal

12%

Likelihood of Max
extremely
Avg. Daily Raise

$25,451

Momentum
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Location

Montrose, Iowa

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

PVpallet, with a valuation of $18.5 million, is raising funds on StartEngine. The company has developed a unique pallet system for the shipping of solar panels. The pallet system is reusable, recyclable, and collapsible and will revolutionize the way solar panels are handled and distributed. PVpallets aim to improve cost efficiencies, reduce solar panel damage, and have positive environmental impacts. Philip Schwarz, Luke Phelps, Ethan Wollbrink, and Steven Kottwitz founded PVpallet in November 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used for mold revisions and modifications and full-scale product launch.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-17,670

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$13,513

$0

Accounts Receivable

$0

$0

Total Assets

$21,537

$0

Short-Term Debt

$19,970

$0

Long-Term Debt

$0

$0

Total Liabilities

$19,970

$0

Financials as of: 11/23/2021
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PVpallet on StartEngine 2021
$
Platform: StartEngine
Security Type: Equity - Common
Valuation: $18,497,525

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