ThermoShade

ThermoShade

ThermoShade, with a valuation of $5 million, is raising funds on MicroVentures. The company is developing sustainable outdoor cooling solutions to address the impact of extreme heat. ThermoShade panels are engineered to create cooler outdoor spaces without the need for water or grid electricity and can be easily installed in public spaces like parks, bus stops, and transit areas. The company has constructed and installed a full-scale proof-of-concept shelter at the La Kretz Innovation Campus in Los Angeles and has two pilot projects anticipated to be installed at a California city bus shelter and a Central Valley dairy farm in 2025. Emily Dinino and John Carl founded ThermoShade in June 2023. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $500,000. The campaign proceeds will be used for pilot deployments, engineering R&D, sales and marketing, and general and administrative expenses.

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Investment Overview

Raised this Round: Raised: $11,750

Deal Terms

Total Commitments ($USD)

Platform
Microventures
Start Date
11/28/2024
Close Date
04/28/2025
Min. Goal
$25,000
Max. Goal
$500,000
Min. Investment

$250

Security Type

Convertible Note

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$4,000,000

Valuation Cap

$5,000,000

Discount

0%

Company & Team

Company

Year Founded
2023
Industry
Energy, Power, & Natural Resources
Tech Sector
Hardwaretech
Location
Los Angeles, California
Company Website
Visit Website

Team

Employees
2

Financials

as of Fiscal Year 2023
 Revenue
$0
 Monthly Burn
$3,086
 Runway
2 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-37,026

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$6,154

$0

Accounts Receivable

$0

$0

Total Assets

$13,567

$0

Short-Term Debt

$0

$0

Long-Term Debt

$7,551

$0

Total Liabilities

$7,551

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/28/2025 Microventures $5,000,000 $11,750 Convertible Note Active RegCF
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Add to portfolio
ThermoShade on MicroVentures 2024
Platform: Microventures
Security Type: Convertible Note
Valuation: $5,000,000

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ThermoShade Deal Report

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