StorEn Technologies

Renewable Energy Storage

Analytics

Raised to Date: $4,807,284

Aggregate Commitments $
Platform

StartEngine

Start Date

06/18/2020

Close Date

04/30/2021

Min. Goal

$10,000

Max. Goal

$12,400,000

Min. Investment

$480

Security Type

Equity - Common

Funding Type

RegA+

Series

Pre-Seed

Pre-Money Valuation

$40,400,000

Rolling Commitments $
Status

Active

Reporting Date

04/21/2021

Days Remaining

7

% of Min. Goal

48,073%

% of Max. Goal

39%

Likelihood of Max
unlikely
Avg. Daily Raise

$15,659

# of Investors

3,746

Momentum
cool
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

Stony Brook, New York

Industry

Consumer Products, Goods & Services

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

StorEn Technologies, with a pre-money valuation of $40 million, is raising funds on StartEngine through Reg A+ crowdfunding. The company has developed a patent-pending all-vanadium battery technology that promises to provide affordable and long-lasting energy storage. The proprietary technology of StorEn Technologies assures efficient, cost-effective, and durable batteries. StorEn Technologies was founded by Carlo Brovero and Angelo D’Anzi. The current round of crowdfunding has a minimum target of $12.4M. StorEn Technologies has filed four patent applications that secure its innovative IP.
Balance Sheet

Cash and Cash Equivalents

$275,338

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$0

Loans

$0

Property, Plant and Equipment (PP&E)

$0

Property and Equipment

$0

Total Assets

$361,125

Accounts Payable & Accrued Liabilities

$534,634

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$100,000

Total Liabilities

$634,634

Total Stockholders' Equity

$-273,509

Total Liabilities and Equity

$361,125

Statement of Comprehensive Income Information

Total Revenues

$0

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$0

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$-620,848

Earnings Per Share - Basic

$0

Earnings Per Share - Diluted

$0

Auditor: Jason M. Tyra, CPA PLLC
Log in or create a free account today to gain access to KingsCrowd analytics.
Summary of Crowdfunding Raises
Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
04/30/2021 StartEngine $40,400,000 $4,807,284 Equity - Common Active RegA+
03/15/2020 StartEngine $28,100,000 $1,062,814 Equity - Common Confirmed Closed RegCF
01/08/2019 StartEngine $0 $659,824 Equity - Common Confirmed Closed RegCF
Log in or create a free account today to gain access to KingsCrowd analytics.
Upgrade to Gain Access
Pay Monthly
Annually (Save 17%)

Pro

$25 /month
billed annually
Unlimited analyst reports. Does not include ratings.
Plan Includes:
Everything in Starter, plus
Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.)
Full access to Analyst Reports
Market Analytics
Ratings
Get Pro Annual

Merlin

$41.67 /month
billed annually
Unlimited analyst reports and full access to Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Ratings
Get Merlin Annual
Already a member? Log in here.

Analyst Report

Other Deals

Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Hidden Company on Platform

Analyst reports are restricted for only Pro and Merlin members. Please upgrade for access.

RegCF
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add StorEn Technologies on StartEngine
Follow company
Follow StorEn Technologies on StartEngine