YouSolar

Deal To Watch
BETA

Power your life. Independently

Analytics

Raised to Date: $1,069,846

Aggregate Commitments $
Platform

StartEngine

Start Date

05/15/2020

Close Date

08/13/2020

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$250

Security Type

Equity - Common

Funding Type

RegCF

Series

Series A

Pre-Money Valuation

$10,000,000

Weekly Commitments $
Status
Funded
Reporting Date

08/23/2020

Days Remaining
Funded
% of Min. Goal

10,699%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$11,887

# of Investors

2,041

Momentum
Funded
Location

Emeryville, CA

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

High

Business Type

High Growth

YouSolar, with a $10 million pre-money valuation, is raising funds on StartEngine. The clean-energy company has created PowerBloc, a solar and battery system that delivers clean power to the modern world. PowerBloc uses modular power architecture to integrate solar, utility, and generator power to run an entire house or business. The system is easy to install and stores solar energy from the Sun. YouSolar was founded by Arnold Leitner in 2010. The current crowdfunding round of the company has a minimum goal of  $9,999.91 and a maximum goal of $1,069,999.89, and the proceeds will be used for growth and expansion. YouSolar has been a National Finalist in the 2018 CleanTech Open and has been powering an off-grid house in California for over eight months.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$1,500

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-701,485

$-552,502

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$24,533

$28,116

Accounts Receivable

$0

$0

Total Assets

$615,093

$508,134

Short-Term Debt

$360,793

$115,733

Long-Term Debt

$193,796

$0

Total Liabilities

$554,589

$327,800

Ratings

last updated 08/23/2020

Ratings Platform - Beta Trial

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.

Analyst Report

Deal To Watch
Ratings Platform - Beta Trial

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

COI Energy on Republic

COI Energy has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved for deals…

Crowd
Neighborhood Sun on Wefunder

The Neighborhood Sun team has been selected as a “Top Deal” by KingsCrowd. This distinction is reserved for…

Crowd
Flower Turbines, Inc. on StartEngine

The Flower Turbines team has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved…

Crowd
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 YouSolar on StartEngine
Follow company
Follow YouSolar on StartEngine