Harmony Turbines

Harmony Turbines

Early Stage

Harmony Turbines ...we now have the power to change the world!

Harmony Turbines ...we now have the power to change the world!

Overview

Raised to Date: Raised: $1,977,058

Total Commitments ($USD)

Platform

StartEngine

Start Date

10/12/2022

Close Date

03/13/2023

Min. Goal
$9,999
Max. Goal
$1,999,999
Min. Investment

$199

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.07

Pre-Money Valuation

$12,103,726

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/30/2023

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

$13,093

# of Investors

1,849

Momentum
Funded
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Year Founded

2020

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Palmyra, Pennsylvania

Business Type

Growth

Harmony Turbines, with a valuation of $12.1 million, is raising funds on StartEngine. The company makes safe and affordable wind turbines. These turbines can be used at home to reduce or eliminate electric bills. Harmony Turbines has a patented technology capable of generating better returns on investment than the competitor models. The turbines are low-cost, and easy to maintain, with little to no noise. Harmony Turbines aims to become the next global standard in residential and small-scale wind power generation. The current crowdfunding campaign has a minimum target of $9,999.15 and a maximum target of $1.9 million. The campaign proceeds will be used for growth, partnerships, and expansion.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-128,594

$-46,941

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$2,655

$46,373

Accounts Receivable

$0

$0

Total Assets

$15,620

$51,194

Short-Term Debt

$629

$0

Long-Term Debt

$0

$0

Total Liabilities

$629

$0

Financials as of: 10/12/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Harmony Turbines 03/12/2023 StartEngine $12,103,726 $1,977,058 Equity - Preferred Funded RegCF
Harmony Turbines 03/18/2022 Wefunder $12,000,000 $206,692 SAFE Funded RegCF
Harmony Turbines 03/23/2021 Wefunder $2,500,000 $183,457 SAFE 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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Harmony Turbines on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Preferred
Valuation: $12,103,726
Price per Share: $1.07

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