Hoplite Power on Microventures

Smartphone “charge-sharing” network of kiosks and rentable battery packs.

Raise to date: $62,488

Reporting Date: 10/31/2019

Key Stats

Minimum Raise

$25,000

Maximum Raise

$107,000

Likelihood of Max Unlikely
Start Date

07/18/2019

Stop Date

10/14/2019

Days Remaining

Closed

Security Type

Convertible Note

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Confirmed Closed

# of Investors

347

% of Minimum Raised

250%

% of Maximum Raised

58%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$710

DPD* Category

$0

DPD* All Companies

$1,334

Kingscrowd Momentum

$62,488

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Hoplite Power, with a valuation cap of $6 million, is raising funds on MicroVentures. The company is soon to launch a network of kiosks for smartphone charge-sharing and rentable battery packs. Users can rent a Hoplite from the Hoplite Hubs, recharge their smartphones, return the Hoplites, and pay using a credit card, debit card, Google Pay, and other modes. Hoplite Power was founded by Jordan Mayerson and Nikolas Schreiber and has raised more than $1 million since its founding. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $107,000 and the proceeds will be used for marketing, research & development, manufacturing, repayment of debt, and general working capital. Hoplite Power had already launched its pilot program of 16 Hoplite Hubs in 2017 and earned $25,000 in revenue. It is all set to launch its program of five second-generation Hoplite Hubs in July 2019.

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