Enervolt offering is now closed and is no longer accepting investments.
INVEST IN ENERVOLT TODAY!
Energy solutions for the vital problems
$59,593.93 Raised
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:
- Expand sales of our solar golf cart kit currently being sold on our website and Amazon in the United States and Canada.
- 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.
- 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.
- 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.
ABOUT
HEADQUARTERS
295 E. Main St. Suite 17
Ashland, OR 97501
VALUATION
$17.54M
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.
TEAM
Bill Patridge
President & CEO
Jerome Cordeiro
Electrical Systems Administrator (Consultant)
Jerome is a Consultant for Enervolt and contributes, on average, less than five hours per week.
Christopher Harding
COO
Holly Duer
CFO, Systems Manager, and Assistant Corporate Secretary
Will Wilkinson
Chief Communications Officer
Will's primary occupation is being a co-founder and director of Health Yourself. He serves as Chief Communications Officer for Enervolt, working less than 5 hours per week.
Gerard Jilek
Senior Director of Engineering
Jeffrey Jensen
Director of Sales
Nagaraj Murthy
India Relations Coordinator and Board Member
Nagaraj's primary occupation is being a dentist and owner of Golden State Dental Group. He serves as a board member for Enervolt, generally working less than 5 hours per week.
William Go
Board Member
William's primary occupation is being an Asset Manager at Bluestone Hospitality, LLC. He serves as a board member for Enervolt, working less than 1 hour per week.
TERMS
Enervolt
Overview
PRICE PER SHARE
$2.27
DEADLINE
May 3, 2022
VALUATION
$17.54M
AMOUNT RAISED
$59,593.93
Breakdown
MIN INVESTMENT
$102.15
MAX INVESTMENT
$106,998.72
MIN NUMBER OF SHARES OFFERED
4,405
OFFERING TYPE
Equity
ASSET TYPE
COMMON
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
235,682
Maximum Number of Shares Offered subject to adjustment for bonus shares
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.
ALL UPDATES
03.26.22
New Product Dropping
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
03.09.22
Notice of Funds Disbursement
[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
02.25.22
Revolutionary Patented Battery Technology For a Fully Integrated Solar Solution
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.
12.18.21
Notice of Funds Disbursement
[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
REWARDS
$102.00
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$500.00
Exclusive Investor-Only Updates
Invest $500 and get access to an exclusive quarterly newsletter with Insights into the company's progress.
$1,000.00
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.
$2,500.00
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.
$5,000.00
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.
$10,000.00
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.
JOIN THE DISCUSSION
0/2500
HOW INVESTING WORKS
Cancel anytime before 48 hours before a rolling close or the offering end date.
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