The Enervolt offering is now closed and is no longer accepting investments.

Enervolt

Energy solutions for the vital problems

Enervolt

Energy solutions for the vital problems

Ashland, OR
Clean Technology
Enervolt is an energy solutions company focused on applying cutting-edge energy tech to today’s most vital challenges. Our proprietary software allows for real-time monitoring of the entire system, whether that be a telecom tower or other large-scale project, or upgraded golf carts and rickshaws. We have spent much of the last decade prototyping and experimenting the ways in which energy is harvested, transformed, and stored, and have solidified a relationship with a key graphene research firm to develop and manufacture a breakthrough battery with new patented technology. As a result, Enervolt plans to license our technology to major manufacturers worldwide.

$60,078

raised
98
Investors
$17.5M
Valuation
$2.27
Price per Share
$102.15
Min. Investment
Common
Shares Offered
Equity
Offering Type
$535K
Offering Max
0
Days Left

$60,078

raised
98
Investors
$17.5M
Valuation
$2.27
Price per Share
$102.15
Min. Investment
Common
Shares Offered
Equity
Offering Type
$535K
Offering Max
0
Days Left
This offering ended on May 03, 2022 and is no longer accepting investments.

Reasons to Invest

Our Nexus Optimizer Flex Kits & Roof Kits provide users with an integrated solution for optimizing solar panel energy output, as well as monitoring and storing capacities.
The Enervolt core team have worked together for years and bring experience from the worlds of business, tech, marketing, and distribution.
Many orders have been received over the last several months for our limited run of our Nexus Flex Kits for Golf Carts, including from a leading chain of battery and golf cart suppliers.

Better Hardware + Better Software = A Superior Energy Solution

Enervolt has developed four proprietary products using our patent-pending technology that each provide ground-breaking solutions for various portions of a power system, including a Charge Optimizer that boosts efficiency, a Flexible Solar Panel for use on electric vehicles and off grid power systems, a Supercapacitor Battery, and a Power Management and Control System built using our proprietary software.


Each of our products represent major advances at each stage of the solar energy cycle.



Our multi-channel business model currently features B2B and B2C markets, and we have future plans to enter the B2G markets and licensing deals. Because our technology has many different applications, we have multiple billion-dollar industries we are tackling. 


The Problem


Solar power installation and utilization is complicated and inefficient

Across the solar power industry, there are multiple pain points which raise costs and reduce accessibility for users. 


With solar powered electric vehicles like golf carts or rickshaws, finding the correct panel, controller, and heavy battery bank can be a huge headache. And that doesn’t even include decisions regarding maintenance and replacement.


Similarly, off-grid power systems require a deep understanding of solar configuration, and also the same decisions regarding panels, controllers, and batteries, which make many of the current power solutions totally inaccessible to most.

The Solution


Easy to install, maintain, and operate power solutions

Our power solutions provide customers with cost-saving, quality products in a wide variety of applications varying from large-scale international projects, to DIY golf carts. 


Our Nexus Optimizer Flex and Roof Kits ensures optimum energy output from solar panels, with easy-to-monitor efficiency, and energy storage.



The Nexus Power Station combines with grid power, solar power, or diesel power to dramatically reduce the amount of power used by backup generators, with the potential to save companies as much as $75K per power station over a decade. 



The light-weight, portable off-grid power system uses the Nexus Charge Optimizer, Flexible Solar Panel, and Graphene Supercapacitor Battery for faster charging and more efficient energy harvesting.



The Market


Overall marketplace value of charge controllers, solar-powered vehicles, cell tower, and solar backup power units, and supercapacitor batteries potential is in the billions

In 2017, the market for charge controllers was  estimated at almost $1.4B and is predicted to more than double by 2028.


The global market for  golf carts and rickshaws continues to undergo steady growth, and licensing our technology to these manufacturers represents a key opportunity. 


Our backup power systems are also well positioned to enter a market that was  expected to reach $19B by 2021, in addition to the opportunity in the cell tower market, an industry that is estimated to be worth $56B.


Our Traction


Continued progress iterated on foundational ideas of efficiency and cost-effectiveness

Since 2012 we have worked non-stop to continuously innovate leveraging our proprietary break-throughs in order to change the way energy is harvested, transformed, and stored. This has led us down the road of diligent prototyping and testing, and eventually to today’s products which we proudly sell in the marketplace. 


In the last several months we have seen an influx of new orders for our initial run of our Flex Kits for Golf Carts, which are being tested on regional courses currently, and received an order from one of the largest battery supplies and golf cart chains.


We currently sell Enervolt products in the United States and are offered via Amazon in the United States, Canada, and Mexico. 


We are in preliminary conversations with major players in South America for the installation of Enervolt technology on electric busses, moto-taxis, and electric delivery vans. We are also in preliminary conversations for the sales and distribution of Enervolt products (cell towers, rickshaw fleets, electric busses, and moto-taxis) in India and Saudi Arabia.


What We Do


We build transformative alternative energy solutions for businesses and individuals

All of our products are meant to make energy storage, harvesting, and utilization cost-effective and accessible, while maintaining environmentally friendly standards. 


Our ultimate goal is to create a world where access to energy is as abundant as access to air, by providing highly efficient, quality solutions. 


These products meet a wide spectrum of needs in the sustainable energy market. Our solutions can be applied to golf cart or rickshaw kits, cell tower backup power stations, microgrid solar systems, and a variety of other needs that need their energy optimized, transferred and stored.


We currently have a variety of products that are marketed, sold, and distributed via Amazon, and our website. These products include our Nexus Charge Optimizer, Enervolt Flex Solar Panels, Enervolt Solar Roof, and the Enervolt Graphene Supercapacitor. 


We also offer products through our enterprise-level business development efforts, including our Power Management and Control Systems, Enervolt Backup Power Station, Enervolt Nexus Core Cell Tower Power Station. These enterprise-level products require custom design and installation. 

The Business Model


Highly diversified revenue model, including licensing strategies

Our hardware and software systems are so widely applicable that we plan to generate revenue through B2B, B2C, B2G, as well as licensing around the world.


Our orders are projected to range from $800 on the low-end for B2C golf cart applications, which are currently generating margins up to 50%, all the way up to $40K for cell tower backup power systems.


How We Are Different


We are leveraging tech breakthroughs at multiple pain points in the industry

Our research indicates that the multiple market segments we are pursuing—including electric golf carts and other electric vehicles, microgrids, and cell towers—all have similar issues that we and our competitors are seeking to solve: capturing, storing, and dispensing solar energy. 


We believe our portfolio of products solves many of the issues that prevent our competitors from offering more cost-effective, energy-efficient solutions.


This includes our flexible solar panel that utilizes flexible plastic (rather than glass) for increased durability and superior harvesting capacities. 


Our Charge Optimizer changes voltages with one device without the use of copper wiring or magnets, which allows all functions to be controlled from an app on a phone, easily compiling data in the process. 


Research suggests that graphene-based supercapacitor batteries, like those being developed and sold by Enervolt, may last up to 20 years and charge in a fraction of the time of our competitors ( source source).


The Vision


Full product, sales, and worldwide distribution within five years

We hope to have finalized all of our production, sales, and distribution channels for each of our core products after funding is achieved.


By gaining worldwide distribution of our proprietary solutions, we believe we have the potential to make major waves in this industry by not only providing top-level products to users of solar energy, but altering the way solar is viewed as an alternative energy source by increasing its economic and technological legitimacy.

 


Additionally, we want to expand our products into various other alternative energy verticals such as wind and hydroelectric energy, vehicles and off-road vehicles.

Our Leadership


We've worked together before, and have all launched great businesses in the past

President and CEO Bill Patridge has four decades of experience as an entrepreneur under his belt.


COO Christopher Harding founded Luminary Communications, a consulting and executive coaching organization for Fortune 100 companies which has been operating for over 20 years. 



Why Invest


Poised to change the alternative energy market

We believe that we can be the disruptors that the solar energy market has been waiting for to bring it to its tipping point.


With this funding Enervolt expects to achieve the following short term goals:


  1. Expand sales of our solar golf cart kit currently being sold on our website and Amazon in the United States and Canada.
  2. Expand sales of our solar kit technology and products to include buses, cars, rickshaws, and moto-taxis in India, Southeast Asia, and South America, and to similar off-road vehicles, as well as stand-alone backup power systems around the world.
  3. Develop a new patented graphene supercapacitor battery system for all markets based on our extensive research and testing in this arena.  Enervolt graphene-based supercapacitors will reduce cost, charge more quickly, yield a longer life, are smaller in size, and are non-toxic.
  4. Enervolt has strong potential future sales and markets around the world. Capital is needed to produce and develop these products to their full capacity.


Long term, Enervolt plans to license its technology worldwide to major manufacturers of electric vehicles, electric buses, electric off-road vehicles, rickshaws and battery distributors and manufacturers, with preliminary relationships already established.


  • Golf Carts - Over 1,000,000 sold in the last decade, approximately 120,000 unites selling annually (source).
  • Rickshaws - India had 1,500,000 battery powered rickshaws in 2018, with approximately 130,000 units added annually (source).
  • Buses - Currently over 425,000 electric buses in the world (source).



Our products are proven to solve numerous pain points which have affected competitors in the past, and with our superior performance, cost-savings, and durability, customers will be able to have their energy needs met in a completely new and revolutionary way.



Offering Summary


Company

:

Enervolt

Corporate Address

:

295 E. Main St. Suite 17, Ashland, OR 97501

Offering Minimum

:

$9,999.35

Offering Maximum

:

$534,998.14

Minimum Investment Amount

(per investor)

:

$102.15











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

4,405

Maximum Number of Shares Offered

:

235,682

Price per Share

:

$2.27

Pre-Money Valuation

:

$17,544,339.68











*Maximum number of shares offered subject to adjustment for bonus shares. See bonus info below.

Voting Rights of Securities Sold in this Offering

Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

Investment Incentives*

Time-Based:

Friends and Family Early Birds

Invest within the first 48 hours and receive an additional 10% bonus shares.

Super Early Bird Bonus

Invest within the first week and receive an additional 7% bonus shares.

Early Bird Bonus

Invest within the first two weeks and receive an additional 5% bonus shares.

Amount Based:

$500+ | Exclusive Investor-Only Updates

Invest $500 and get access to an exclusive quarterly newsletter with Insights into the company's progress.

$1,000 | Zoom Call with our CIO

Invest $1,000 and receive access to an exclusive quarterly Zoom call with CIO for new tech updates. You will also receive all lower tier perks.

$2,500+ | Live Q&A and 10% Product Discount

Invest $2,500 and receive exclusive monthly live video Q&As with our CIO, a 10% discount on products (limit of one order per person), and all lower tier perks.

$5,000+ | 5% Bonus Shares

Invest $5,000 and receive 5% bonus shares, a monthly letter from the CEO with exclusive updates, and all lower tier perks.

$10,000+ | 7% Bonus Shares

Invest $10,000 and receive 7% bonus shares, individual time on quarterly Zoom calls with CEO and/or COO, and/or CIO, and all lower tier perks.

*All perks occur when the offering is completed.

The 10% Bonus for StartEngine Shareholders

Enervolt will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of common stock at $2.27 / share, you will receive and own 110 shares for $227. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Inter company debt or back payments. Salary payments made to one’s self, a friend or relative.

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Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$131,666.00 USD
$94,997.00 USD
Cash And Cash Equivalents
$20,205.00 USD
$5,177.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$594,840.00 USD
$380,650.00 USD
Long Term Debt
$214,596.00 USD
$107,500.00 USD
Revenues And Sales
$44,444.00 USD
$9,516.00 USD
Costs Of Goods Sold
$29,147.00 USD
$10,380.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$764,240.00 USD
-$1,068,508.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

New Product Dropping

7 months ago

Thanks to the funding so far we have ordered all of the battery components and should be completed in building 100 within the next 3 months. We will be posting an update for pre orders on this amazing 20 year life battery. This allows us to expand our product offering and double our sales. Thank you for your support and we look forward to the growth potential we see with this revolutionary technology. Check out the specs. 20,000 cycles

Notice of Funds Disbursement

7 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Enervolt has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Enervolt be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Revolutionary Patented Battery Technology For a Fully Integrated Solar Solution

7 months ago

Enervolt is proud to announce that Germany has issued a patent number for the Graphene Sponge Battery "Version one" we will soon be marketing. 

The revolutionary new battery also has provision patents in place with Taiwan, China, South Korea, Japan, India, as well as other countries.

Enervolt will be launching this paradigm-changing technology into the worldwide Golf Cart and Rickshaw marketplace at the same price point as lithium-ion -- but with 4 times the power density, half the weight, and a 20-year life. This exciting new battery pairs perfectly with our solar kits and offers the highest level of sustainability.

After working with this technology for several years with our charge controller, we're truly enthused by this latest development.

Notice of Funds Disbursement

10 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Enervolt has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Enervolt be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

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