WiGL

WiGL

Growth Stage

Long Distance Wireless Power

Long Distance Wireless Power

Overview

Raised this Round: Raised: $76,453

Total Commitments ($USD)

Platform

PicMii

Start Date

06/30/2024

Close Date

12/31/2024

Min. Goal
$9,999
Max. Goal
$4,000,000
Min. Investment

$250

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.85

Pre-Money Valuation

$179,018,972

Year Founded

2020

Industry

Consumer Products, Goods & Services

Tech Sector

Hardwaretech

Location

Hampton, Virginia

WiGL, with a valuation of $179 million, is raising funds on PicMii. It is a wireless power company that is bringing new technologies developed for the Department of Defense to improve the value proposition of other goods and services. WiGL will enable people to ditch cords and wires and use WiGL’s network to power their devices. The company works on a fully patented technology and is led by a team of strong founders with experience in the Air Force, MIT, and BAE Systems. Dr. Ahmad Glover founded WiGL in February 2020. The current crowdfunding campaign has a minimum target of $9,999.25 and a maximum target of $4 million. The campaign proceeds will be used for research and development, working capital needs, marketing, and general and administrative expenses.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$644,999

$479,999

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$2,396,211

$2,573,421

Summary Balance Sheet

FY 2023 FY 2022

Cash

$654,235

$306,950

Accounts Receivable

$0

$0

Total Assets

$1,658,272

$823,170

Short-Term Debt

$304,171

$142,025

Long-Term Debt

$0

$0

Total Liabilities

$304,171

$142,025

Financials as of: 06/30/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
WiGL 12/30/2024 PicMii $179,018,972 $76,453 Equity - Common Active RegCF
WiGL 03/25/2024 StartEngine $147,000,000 $8,244,919 Equity - Common Funded RegA+
WiGL 07/27/2021 StartEngine $56,050,000 $5,001,541 Equity - Common Funded RegCF
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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

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WiGL on PicMii 2024
Platform: PicMii
Security Type: Equity - Common
Valuation: $179,018,972
Price per Share: $1.85

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