Overview

Raised this Round: Raised: $144,400

Total Commitments ($USD)

Platform

Climatize

Start Date

12/27/2023

Close Date

03/04/2024

Min. Goal
$143,280
Max. Goal
$143,280
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

10.00%

Term Length

2.0 years

Year Founded

2023

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Cedar Grove, North Carolina

Business Type

High Growth

Shifting Gears to Solar is raising funds on Climatize. The project is to help MB Reps, a second-hand car dealership, go solar. Shifting Gears to Solar is backed by a grant from the US Department of Agriculture and the Investment Tax Credit. The project is expected to be 22.78kW with 61.44kWh battery storage installation and aims to avoid 495.19 metric tons of carbon dioxide equivalent. John Carey founded Shifting Gears to Solar in May 2023. The current crowdfunding campaign has a minimum and maximum target of $143,280. The campaign proceeds will be used for the completion of the project.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$500,037

$0

Accounts Receivable

$0

$0

Total Assets

$500,037

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 12/27/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Solar for Liberty Hill Farms 07/27/2024 Climatize - $916,100 Debt Active RegCF
Countryside Solar Portfolio 05/03/2024 Climatize - $885,000 Debt Funded RegCF
La Finca’s Solar Energy Project 04/18/2024 Climatize - $100,000 Debt Funded RegCF
Solar for Debra’s Family Farm 03/28/2024 Climatize - $29,965 Debt Funded RegCF
Solar Harvest for Howle Farms 03/13/2024 Climatize - $309,200 Debt Funded RegCF
Shifting Gears to Solar 03/03/2024 Climatize - $144,400 Debt Funded RegCF
Light Up Rural America 12/28/2023 Climatize - $310,000 Debt Funded RegCF
Solar Resilience for Farmer’s Hardware 12/22/2023 Climatize - $264,100 Debt Funded RegCF
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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.

Employee History

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Shifting Gears to Solar on Climatize 2023
Platform: Climatize
Security Type: Debt

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