Flower Turbines

Flower Turbines

Growth Stage

Innovative small wind turbines

Overview

Raised to Date: Raised: $1,091,187

Total Commitments ($USD)

Platform

StartEngine

Start Date

03/13/2024

Close Date

05/31/2024

Min. Goal
$15,000
Max. Goal
$2,500,008
Min. Investment

$600

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$12.00

Pre-Money Valuation

$133,682,160

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/26/2024

Days Remaining

34

% of Min. Goal

7,275%

% of Max. Goal

44%

Likelihood of Max
unlikely
Avg. Daily Raise

$24,800

# of Investors

468

Momentum
hot.svg
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2013

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Location

Lawrence, New York

Business Type

Growth

Flower Turbines, with a valuation of $133.68 million, is raising funds on StartEngine. The company has created small wind turbines that are sleek, innovative, and efficient. Flower Turbines also address the problems of turbulence and design and are disrupting the industry through the cluster effect of its turbines. The company has launched US manufacturing and sales and is scaling up within the EU and other international markets with its 30-strong patent portfolio. Dr. Mark Daniel Farb founded Flower Turbines in December 2019. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $2 million. The campaign proceeds will be used for marketing, research and development, prototyping, testing, company employment, operations, and working capital.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$312,307

$247,208

COGS

$470,736

$573,805

Tax

$0

$0

 

 

Net Income

$-3,509,305

$-3,703,396

Summary Balance Sheet

FY 2023 FY 2022

Cash

$9,025

$252,441

Accounts Receivable

$300,547

$123,909

Total Assets

$1,598,405

$1,669,654

Short-Term Debt

$119,151

$98,444

Long-Term Debt

$161,396

$106,659

Total Liabilities

$280,547

$205,103

Financials as of: 03/13/2024
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
Flower Turbines 05/30/2024 StartEngine $133,682,160 $1,091,187 Equity - Common Active RegCF
Flower Turbines 02/21/2024 StartEngine $124,570,000 $4,558,015 Equity - Common Funded RegA+
Flower Turbines 12/29/2021 StartEngine $61,700,000 $9,175,306 Equity - Common Funded RegA+
Flower Turbines 02/24/2021 StartEngine $26,017,770 $1,032,120 Equity - Common Funded RegCF
Flower Turbines 11/29/2019 StartEngine $7,600,000 $1,069,804 Equity - Common Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

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

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$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.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Flower Turbines on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $133,682,160
Price per Share: $12.00

Follow company

Follow Flower Turbines on StartEngine 2024

Buy Flower Turbines's Deal Report

Flower Turbines Deal Report

Get KingsCrowd’s comprehensive report on Flower Turbines including:

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

Buy the Flower Turbines deal report for only $10!

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