Solar for Smith’s Supermarket

Solar for Smith’s Supermarket

[Closed for Investment] Solar for Smith’s Supermarket is raising funds on Climatize. It is a solar energy project to be deployed at Smith’s Supermarket in Altha, Florida. Solar for Smith’s Supermarket will include 492 American-made solar panels and advanced batteries to produce 253,851 kWh of solar energy each year. The project has received a grant from the US Department of Agriculture and will cut greenhouse gas emissions and promote energy independence. John Carey founded Solar for Smith’s Supermarket in July 2024. The current crowdfunding campaign has a minimum target of $500,000 and a maximum target of $1.07 million. The campaign proceeds will be used to cover the cost of the solar project.

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Investment Overview

Raised this Round: Raised: $1,070,000

Deal Terms

Total Commitments ($USD)

Platform
Climatize
Start Date
09/14/2024
Close Date
11/02/2024
Min. Goal
$500,000
Max. Goal
$1,070,000
Min. Investment

$10

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

10.00%

Term Length

2.0 years

Company & Team

Company

Year Founded
2024
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
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
John Carey
Title
CEO
Founder Name
Lester Crafton
Title
Chief Strategy Officer
Founder Name
Chris Snodgrass
Title
COO

Financials

 Revenue
$0
 Cash on Hand
$50

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

$50

$0

Accounts Receivable

$0

$0

Total Assets

$50

$0

Short-Term Debt

$50

$0

Long-Term Debt

$0

$0

Total Liabilities

$50

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/02/2024 Climatize - $1,070,000 Debt Funded RegCF
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Solar for Smith’s Supermarket on Climatize 2024
Platform: Climatize
Security Type: Debt

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