Wind Harvest

[Closed for Investment] Wind Harvest is raising funds on Wefunder. The wind turbine company makes and sells unique wind turbines as a renewable source of energy. The engineers design wind technologies and scientists test how the turbines can be used to increase the energy output. The technology is then used by the regional licensees to develop projects using Wind Harvest products and services. Wind Harvest has multiple projects in development and has a strong sales pipeline. Kevin Wolf and Cornelius Fitzgerald founded Wind Harvest in April 2020. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $2,500,000. The campaign proceeds will be used for engineering and patents, administration and company growth, project development, marketing and sales, and model 4.0 installation and certification.

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Investment Overview

Raised this Round: Raised: $466,847

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
09/07/2022
Close Date
01/20/2023
Min. Goal
$100,000
Max. Goal
$2,500,000
Min. Investment

$100

Security Type

Debt

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

8.00%

Term Length

5.0 years

Company & Team

Company

Year Founded
2020
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Sacramento, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
Kevin Wolf
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$219,187
 Runway
0.4 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-2,630,249

$-1,032,821

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$96,845

$93,152

Accounts Receivable

$0

$277,215

Total Assets

$258,914

$370,367

Short-Term Debt

$402,874

$8,864,349

Long-Term Debt

$12,949,189

$2,015,505

Total Liabilities

$13,352,063

$10,879,854

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$17,000,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/20/2023 Wefunder - $466,847 Debt Funded RegCF
03/16/2021 Wefunder - $1,070,000 Debt Funded RegCF
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Growth Charts

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.

Employee History

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Wind Harvest on Wefunder 2022
Platform: Wefunder
Security Type: Debt

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