SoloQi
About this raise
SoloQi, with a $7 million pre-money valuation, is raising crowdfunding on StartEngine. The company is creating practical wireless solutions to make wireless charging easily accessible. The SoloQi products emphasize on convenience, functionality, style, and elegance. Solo Avital founded SoloQi in February 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000, and the funds will be used to manufacture and fulfill the demand and boost marketing. SoloQi became a bestseller at 20 b8ta stores and generated $117,000 in sales in the first four months of its launch. The company has also signed up with Apple Stores and Costco stores for distribution.
Investment Overview
Invested : $334,580
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 08/28/2020
- Close Date
- 12/24/2021
$10,000
$1,070,000
$250
Equity - Common
Early Stage
RegCF
$2.50
$7,000,000
Company & Team
Company
- Year Founded
- 2019
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
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Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/24/2021 | StartEngine | $7,000,000 | $334,580 | Equity - Common | Funded | RegCF |