Paladin Power

Paladin Power

Early Stage

Never Experience A Power Outage Again

Never Experience A Power Outage Again

Overview

Raised to Date: Raised: $5,000,000

Total Commitments ($USD)

Platform

Equifund

Start Date

08/02/2022

Close Date

10/04/2022

Min. Goal
$25,000
Max. Goal
$5,000,000
Min. Investment

$500

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.25

Pre-Money Valuation

$19,250,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/30/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$80,645

Momentum
Funded
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Year Founded

2022

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Perris, California

Business Type

Growth

Paladin Power, with a valuation of $19.25 million, is raising funds on Equifund CFP. It is an energy storage solution provider that uses its proprietary system to power residences in the US. The Energy Storage system (ESS) of Paladin Power allows homeowners and small businesses to power their buildings with the system and use the centralized grid as backup. The Paladin Power ESS has a stackable battery bussing system and scalable inverters that do not require any wiring to add additional capacity. Ted Thomas founded Paladin Power in April 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5,000,000. The campaign proceeds will be used for inventory and inventory financing, staff and resources, channel sales training and development, mobile app development, and building lease.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-181,045

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$51

$0

Accounts Receivable

$0

$0

Total Assets

$4,051

$0

Short-Term Debt

$108,096

$0

Long-Term Debt

$0

$0

Total Liabilities

$108,096

$0

Financials as of: 08/02/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Paladin Power 04/28/2024 Wefunder $67,000,000 $630,999 Equity - Common Funded RegCF
Paladin Power 10/03/2022 Equifund $19,250,000 $5,000,000 Equity - Common Funded RegCF
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Price per Share History

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

Valuation History

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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Paladin Power on Equifund CFP 2022
Platform: Equifund
Security Type: Equity - Common
Valuation: $19,250,000
Price per Share: $0.25

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