Vroom Solar

Vroom Solar

Early Stage

The Power to Go Solar, Simplified

The Power to Go Solar, Simplified


Raised this Round: Raised: $53,835

Total Commitments ($USD)



Start Date


Close Date


Min. Goal
Max. Goal
Min. Investment


Security Type

Equity - Common



SEC Filing Type

RegCF    Open SEC Filing

Price Per Share


Pre-Money Valuation


Year Founded



Energy, Power, & Natural Resources

Tech Sector


Distribution Model




Capital Intensity


Springfield, Missouri

Business Type


Vroom Solar, with a valuation of $15 million, is raising funds on StartEngine. The company makes do-it-yourself solar energy kits for portable applications. Vroom Solar’s off-grid DIY solar energy kits are expected to produce five to ten times the output of traditional battery-based portable energy systems and are more cost-effective and sustainable. The product is currently in development, and the company is pre-revenue, with the proof of concept and prototype already established. Luke Phelps founded Vroom Solar in September 2017. The current crowdfunding campaign has a minimum target of $14,993.47 and a maximum target of $617,989.53. The campaign proceeds will be used for research and development, operations, working capital, and inventory.

Summary Profit and Loss Statement

FY 2023 FY 2022












Net Income



Summary Balance Sheet

FY 2023 FY 2022




Accounts Receivable



Total Assets



Short-Term Debt



Long-Term Debt



Total Liabilities



Financials as of: 06/18/2024
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Vroom Solar 09/17/2024 StartEngine $14,995,837 $53,835 Equity - Common Active RegCF
Vroom Solar 06/01/2023 StartEngine $9,000,000 $388,796 Equity - Common Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)


$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Vroom Solar on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $14,995,837
Price per Share: $16.79

Follow company

Follow Vroom Solar on StartEngine 2024

Buy Vroom Solar's Deal Report

Vroom Solar Deal Report

Get KingsCrowd’s comprehensive report on Vroom Solar including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Vroom Solar is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Vroom Solar deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge