Shifting Gears to Solar
Solar Project
Overview
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
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
10.00%
Term Length
2.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/30/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,155
# of Investors
80
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2023
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
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
Create a free account today to gain access to KingsCrowd analytics.
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 | - | $258,000 | Debt | Active | RegCF |
| Countryside Solar Portfolio | 05/03/2024 | Climatize | - | $886,000 | 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 |
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /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
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.