VoltCell

VoltCell

Innovative and electrifying black-owned battery business

Innovative and electrifying black-owned battery business

Overview

Raised to Date: Raised: $20,400

Total Commitments ($USD)

Platform

Seed At The Table

Start Date

09/06/2023

Close Date

03/31/2024

Min. Goal
$20,000
Max. Goal
$120,000
Min. Investment

$100

Security Type

Revenue Share

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.00X

Profit Share %

17.00%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

03/30/2024

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$99

# of Investors

8

Momentum
Not Funded
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Year Founded

2023

Industry

Consumer Products, Goods & Services

Tech Sector

Cleantech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Dallas, Texas

Business Type

High Growth

VoltCell is raising funds on Seed At The Table. The company is a black-owned battery brand aiming to compete with major battery brands. VoltCell offers batteries that are designed to provide reliable power, with aspirations to carve out a significant space in the battery market. Marcus Baskerville and Markee Baskerville co-founded VoltCell in 2023. The current crowdfunding campaign has a minimum target of $40K and a maximum target of $120K. The campaign proceeds will be used to expand their product offerings and market reach.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$9,800

$0

Tax

$0

$0

 

 

Net Income

$-9,800

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$57,879

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 09/06/2023
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VoltCell on Seed at the Table 2023
Platform: Seed At The Table
Security Type: Revenue Share

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