Solar Roadways
Future of Roads
Analytics
Raised to Date: $1,057,553
Aggregate Commitments $
StartEngine
12/24/2020
04/30/2021
$10,000
$1,070,000
$296
Equity - Common
RegCF
Seed
$30,000,000
Weekly Commitments $
Active
01/27/2021
92
10,576%
99%
$31,105
2,128
Sandpoint, Idaho
Energy, Power, & Natural Resources
Cleantech
B2B/B2C
Low
High
Solar Roadways, with a pre-money valuation of $30 million, is raising funds on StartEngine. It is the first company to develop Solar Road Panels, which opens up a brand-new market for the solar industry: all walking and driving surfaces. The crowdfunding round has a minimum raise of $10,000 and a maximum raise of $1,070,000. Solar Roadways was founded by husband and wife team Scott and Julie Brusaw. Solar Road Panels are intelligent, modular, strong infrastructure panels which have solar cells to produce clean energy in places where it was previously impossible: parking lots, sidewalks, driveways, bike paths, roads, playgrounds, airports, etc. Solar Roadways®’ research and development has been funded by three U.S. Department of Transportation contracts.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$211,392 |
$419,838 |
|
COGS |
$123,479 |
$253,603 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-90,085 |
$18,044 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$7,063 |
$46,957 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$202,678 |
$266,675 |
|
Short-Term Debt |
$28,813 |
$2,725 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$28,813 |
$2,725 |
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