SOS eCharging

SOS eCharging

SOS eCharging, with a valuation of $4.5 million, is raising funds on Vicinity. The company aims to offer the first mobile EV charging service in Upstate South Carolina. SOS eCharging will fulfill the immediate charging needs of EV owners and enhance the appeal of EV ownership in the state. The company’s fleet of charging trucks will provide Level 2 and Level 3 charging services within a 50-mile radius of Upstate SC and will eliminate range anxiety with its mobile charging solution. Dontavius Mills and Mack Whittle founded SOS eCharging in July 2023. The current crowdfunding campaign has a minimum target of $175,000 and a maximum target of $1 million. The campaign proceeds will be used for equipment purchases, maintenance, tools, supplies, licensing, software development, marketing, and operating expenses.

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Investment Overview

Raised this Round: Raised: $205,000

Deal Terms

Total Commitments ($USD)

Platform
Vicinity
Start Date
10/25/2024
Close Date
01/31/2025
Min. Goal
$175,000
Max. Goal
$1,000,000
Min. Investment

$1,000

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$3,000,000

Valuation Cap

$4,500,000

Discount

20%

Company & Team

Company

Year Founded
2023
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Hardwaretech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
High
Location
Simpsonville, South Carolina
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Don Mills
Title
President
Founder Name
Mack Wittle
Title
Treasurer/Manager

Financials

as of Fiscal Year 2023
 Revenue
$0
 Cash on Hand
$1,000

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$1,000

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$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
01/31/2025 Vicinity $4,500,000 $205,000 Convertible Note Active RegCF
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Add to portfolio
SOS eCharging on Vicinity 2024
Platform: Vicinity
Security Type: Convertible Note
Valuation: $4,500,000

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Follow SOS eCharging on Vicinity 2024

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