COI Energy
Digital energy platform that detects, eliminates and monetizes energy waste
Analytics
Raised to Date: $370,403
Aggregate Commitments $
Republic
08/26/2020
04/02/2021
$25,000
$1,070,000
$100
SAFE
RegCF
Seed
$18,000,000
20%
Weekly Commitments $
Active
01/24/2021
65
1,482%
35%
$2,453
1,135
Tampa, Florida
Energy, Power, & Natural Resources
EnterpriseTech
B2B
Medium
Low
COI Energy, with a valuation cap of $18 million, is raising funds on Republic. It is a digital energy platform that helps companies and businesses to control their energy wastage, achieve their energy goals, and reduce their carbon footprint. The platform detects, eliminates, and monetizes energy waste. SaLisa Berrien founded COI Energy in January 2018 and has raised over $1 million since its inception. The proceeds of the current crowdfunding campaign, with a minimum raise of $25,000 and a maximum raise of $1,070,000, will be used to expand relationships with the customers and eventually become the hub for the transactive energy marketplace. COI Energy has over 150 paying customers, including US Foods and Citi. The company has exclusive utility partnerships with TECO and NYPA and works on a simple subscription model.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$191,935 |
$365,749 |
|
COGS |
$104,503 |
$130,796 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-793,777 |
$-270,932 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$66,556 |
$9,613 |
|
Accounts Receivable |
$33,116 |
$159,444 |
|
Total Assets |
$303,042 |
$407,031 |
|
Short-Term Debt |
$244,409 |
$19,582 |
|
Long-Term Debt |
$964,898 |
$0 |
|
Total Liabilities |
$1,209,307 |
$519,531 |
Ratings
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Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.
For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.Other Deals
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