The Power Hero offering is now closed and is no longer accepting investments.

Power Hero

P2P Electric Vehicle Charging

Small OPO
LA VERNE, CA
Software & Services
Accepting International Investment
Play video

Growing Electric Vehicle Infrastructure as a Community

Invest in Power Hero

"Access to charging is the single biggest barrier to buying an electric vehicle.  Gas Stations outnumber public charging stations 10 to 1, and many people have no access to overnight charging.


But why?  Electricity is everywhere.  We believe EV charging should be everywhere too. Unfortunately, the public charging model is dominated by expensive commercial charging stations that focus on herding users to fast charging hubs.  That is not scalable enough to support what people want.  They want to charge everywhere  - where they work, eat, sleep, and shop.  


Our solutions allow anyone to make electricity public.  With smart apps and simple hardware, we easily turn any power source into a connected EV charging station and create the first dynamic peer-to-peer marketplace for EV charging.


How Does it Work?  Power Hero is a peer-to-peer (P2P) platform that allows users to list existing electricity so it can be reserved and purchased by drivers.  Whether it be a private level-2 charger or a simple outdoor power outlet, we make existing infrastructure 'public' with smart-apps and simple, connected hardware.


On the Power Hero network, EV owners can share their charging stations giving members ten times the number of accessible locations. Outdoor outlets can be listed for overnight parking allowing apartment dwellers to comfortably enter the electric vehicle market.  Any business can install small private charging devices (instead of large commercial ones) and connect them to our network to be dynamically listed, found, reserved, and brokered.


We believe Power Hero will demonstrate that peer-to-peer economy-sharing can outpace brute-force infrastructure!   Our solutions and community-based approach will allow the EV market to grow without restrictions."


- Esmond Goei, CEO, Chairman, and Co-Founder

The Offering

Investment
$1.00/share│When you invest you are betting the company’s future value will exceed $5.6M.


Perks

$500 — If you invest $500, you will receive a free Power Hero t-shirt or polo

$1,000 — If you invest $1,000, you will receive a Power Hero windbreaker and a year of free membership

$5,000 - If you invest, you will receive 10% additional bonus shares

$10,000 - If you invest $10,000, you will receive 15% additional bonus shares

$25,000 - If you invest $25,000, you will receive 20% additional bonus shares

 

* ALL PERKS OCCUR AFTER THE OFFERING IS COMPLETED *
All bonus shares will be awarded separately, outside of the StartEngine Platform.  All bonus shares and corresponding documentation will be delivered to recipients by the Company directly.

"There is no such thing as fast charging.  The goal is to charge everywhere you park.  That is our mission."

- Rob Kent, Vice-Chairman and Co-founder of Power Hero

To

Accomplishments

Power Hero has put together a proven team of entrepreneurs, executive leaders, and development partners.  


We have conducted exhaustive market research to understand how electric vehicle owners want to charge their vehicles, and what keeps potential EV owners from joining the market.


Power Hero has developed prototypes, tested their concept, and filed patents behind the unique aspects of their solution.  


Full platform development is underway and we are raising capital to bring it to launch phase in November 2018.

Major Milestones:


  • February 2017, the company raised $150K in seed funding, one month after incorporation.
  • March 2017, IBM Singapore awarded the company with the free use of its cloud platform Bluemix.
  • June 2017, a working prototype of ePort was unveiled which converts an ordinary wall outlet into a smart reservable outlet.
  • November 2017, another patent filed for a reservable network of peer-to-peer EV charging stations 
  • December 2017, Partnered with Arrow Electronics for hardware development and middle-ware IoT support
  • February 2018, Partnered with Omni Tech Solutions to scale up the development platform for launch

Power Hero is aggressively moving forward to launch their platform and hardware!

Solving the Problems with Electric Vehicle Charging

The Problem Set


  • Lack of Coverage:  Gas stations outnumber electric charging stations ten to one.  Charging is especially difficult to find outside of larger metro areas causing "range anxiety"
  • Limited Overnight Availability:  The fundamental necessity for EV ownership is plugging in while you sleep (much like a cell phone).  Apartment dwellers without overnight charging are highly unlikely to buy an electric vehicle.
  • Speed-Focused Charging:  The industry is focused on bigger and faster charging stations (like gas stations).  People want quantity, not speed.  They want contiguous charging where they work, eat and shop. 

The Power Hero Solution


  • Eliminates Range Anxiety:  A network of EV owners making their home charging stations available to other members - increasing coverage by 10X
  • Overnight Charging:  A digital marketplace where anyone can list and reserve overnight charging next to a regular outdoor plug (ie driveway) - allowing apartment dwellers to enter the market
  • Charge Everywhere:  Smart and cost-effective hardware that's connected to the cloud - easily makes any power-outlet or dumb charger a connected EV charging station that can be listed, found, reserved, and brokered on our network

Power Hero provides an innovative, fast, and easy solution for creating EV charging stations!

Our Products

Smart Platform For Making Electricity Public


  • Our cloud-based P2P system allows anyone to list, find, reserve, and broker electricity.
  • EV owners can list their private charging stations for other members.
  • When you list your private station, you get access to all other private stations on the network for free (others pay monthly membership).
  • Members can then access a much larger network of chargers when outside of metro areas - 10 times the number of regular stations.
  • Additionally, anyone who owns access to parking near a standard power outlet can list and price an overnight charging spot.
  • Members can book overnight parking for short or long-term periods.
  • Smart hardware enhances the platform by connecting any charger or electrical outlet to our system for dynamic scheduling and pricing.

Automates and enhances the user experience

  • Network any Level 2 charger with our Cameo adapter
  • Or network an existing plug with our ePorts (110V and 240V)
  • Creates a revenue-generating EV charge point on our network
  • Verifies driver through their mobile device
  • Allows power flow for the allotted time reserved by the driver
  • Hardware leased through monthly subscription fees ranging from $5 to $19/mo (security deposit required)

Easy to adopt EV charging that generates revenue and requires no upfront investment!

How Our Products Are Different From the Rest

At Power Hero, we focus on scaling the existing grid with minimal infrastructure investments.  We are the only company combining economy sharing and IoT to solve this problem.


One in two EV owners invests in a home Level-2 charger that can deliver 20 to 30 miles of range with an hour of charge time.  Our goal is to tap into these 500,000 owners to create a network of charging stations that dwarf the 17,000 that exist today.  Our IoT hardware will enable the most cost-effective level-2 chargers and ordinary outdoor power outlets to be controlled by our smart network for reservations and brokering.  This will make it easy for any landlord or business to offer EV charging.


Manufacturers of commercial charging stations will continue to push thousands of new chargers into the marketplace.  We don’t want to stop that.  Our intention is to blow past them and harness a million chargers and outlets on a single network for EV owners.


Peace-of-Mind

Comfortably operate electric vehicles in new areas knowing you have ten times the number of accessible charging points through our network of 'Heroes'.

Scalable Solutions

Cost-effective, reliable, and easy-to-install hardware that allows anyone to automatically broker a public, revenue-generating charging station with no significant up-front investment.

Sharing Economy

Removes significant infrastructure burden and capitalizes on a sharing-economy principals that are already disrupting many other industries and allowing for proven, rapid scaling of solutions.

Open Network

Our ability to add any charging station, broker transactions, and non-directly compete with other manufacturers makes us an ideal hub to eventually host all EV charging stations on one network.

The Electric Vehicle Market

Electric vehicle growth estimates are conservatively estimated at 20% with an average forecast of 37% CAGR.


As the market grows, access to charging will have to match pace.  Currently, gas stations outnumber EV charging stations 10:1  (US Dept of Energy), and many times more than that will be needed to satisfy a market that wants to charge everywhere they eat, sleep, work and shop.


With 268M registered vehicles in the US (US Dept of Transportation), every 5% market penetration adds 13.4M electric vehicles and a $1.3B addressable market for Power Hero. In the next five years, we expect our addressable market to reach $2.6B.


While the U.S. growth statistics are very strong, markets like Europe and China are moving much faster.  With our experienced team and presence in Singapore, we are well positioned to expand internationally and grow beyond a U.S. solution.

Access to charging is the number one barrier to buying an electric vehicle.  In the EU (largest EV market share), The European Clean Power for Transport directive has promised one public charging point for every 10 electric cars by the year 2020 - an indicator of market needs.


52% of EV owners in the U.S. have a home Level 2 EVSE charging station - nearly 30X the number of public stations (estimated 500K private stations).  (CleanTechnica, Jan 2018).


Over 30M Americans live in apartments and are unable to charge overnight.   (US Dept of Housing and Urban Development).


Economy sharing is a growing force with over 50M Americans participating in the community-based, peer-to-peer purchase of goods or services (e.g. Uber, Airbnb).  That number is expected to nearly double in the next five years with a stronger concentration in the younger demographics pursuing electric vehicles (eMarketer; 2016)

What Makes Our Team Special

An experienced team on a true passion project!  All C-level members have successfully managed start-ups and growth-phase companies in the CEO role, with a proven ability to scale businesses both domestically and internationally.  


The team has proven startup track records with expertise in green energy and connected IoT products.  Their experience brings legacy partnerships with fortune 500 companies that are once again eager to help them grow and innovate.  


"Each of us could go out and run any business of our choosing.  We see Power Hero as a once-in-a-lifetime chance to substantially impact clean energy and improve the environment."  

- Rob Kent, Chief Marketing Officer

Invest in Our Company Today!

At Power Hero, we are passionate about clean energy and making it possible for everyone to own an electric vehicle.


Electric Vehicle growth, although staggering, is greatly held back by the inability to grow the charging grid.  We are determined to prove P2P economy-sharing can solve this capacity problem more effectively.


We have a proven and experienced team with strong supply-side and distribution partnerships.  This will help us ensure success, scale quickly, minimize costs, and generate significant returns.


Power Hero is a great opportunity to positively impact the planet and make money doing it.  If we are successful, we will unlock the full potential of the electric vehicle market and take tens of millions of combustion vehicles off the road.


So, be a Hero!  Invest in Power Hero today!

In the Press

February 23, 2018

Offering Summary

Maximum 516,663* shares of common stock ($516,663)

*Maximum subject to adjustment for bonus shares. See 10% Bonus below

Minimum 10,000 shares of common stock ($10,000)


Company
Power Hero Corp.
 

Corporate Address
2105 Foothill Blvd, Suite B360, La Verne, CA  91750
 

Description of Business
Electric Vehicle Charging Solutions
 

Type of Security Offered
Common Stock
 
Purchase Price of Security Offered
$1 per Share
 

Minimum Investment Amount (per investor) 
$200 Minimum Investment











Perks

Invest at least $500 — Receive a free power hero t-shirt or polo.

Invest at least $1,000 — Receive a free Power Hero windbreaker and a year of free membership.

Invest at least $5,000 —  Receive 10% additional bonus shares, e.g. at $5,000 you will get 500 bonus shares for a total of 5,500 shares which results in an effective average share price of $0.91 per share. 

Invest at least $10,000 — Receive 15% additional bonus shares, e.g. at $10,000 you will get 1,500 bonus shares for a total of 11,500 shares which results in an effective average share price of $0.87 per share.

Invest at least $25,000 — Receive 20% additional bonus shares, e.g. at $25,000 you will get 5,000 bonus shares for a total of 30,000 shares which results in an effective average share price of $0.83 per share.

* ALL PERKS OCCUR AFTER THE OFFERING IS COMPLETED *
All bonus shares will be awarded separately, outside of the StartEngine Platform.  All bonus shares and corresponding documentation will be delivered to recipients by the Company directly.


The 10% Bonus for StartEngine Shareholders

Power Hero Corp. will offer 10% additional bonus shares for all investments that are committed by StartEngine Crowdfunding Inc. shareholders (with ≥ $1,000 invested in the StartEngine Reg A+ campaign) within 24 hours of this offering going live.

StartEngine shareholders who have invested $1,000+ in the StartEngine Reg A+ campaign will receive a 10% bonus on this offering within a 24-hour window of their campaign launch date.  This means you will receive a bonus for any shares you purchase.  For example, if you buy 100 shares of Common Stock at $1 / share, you will receive 10 Common Stock bonus shares, meaning you'll own 110 shares for $100.   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 for one year from the time StartEngine Crowdfunding Inc. investors receive their countersigned StartEngine Crowdfunding Inc. subscription agreement.

Irregular Use of Proceeds

The Company will not incur any irregular use of proceeds.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$110,083.00 USD
$0.00 USD
Cash And Cash Equivalents
$41,126.00 USD
$0.00 USD
Accounts Receivable
$31,380.00 USD
$0.00 USD
Short Term Debt
$582.00 USD
$0.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$0.00 USD
$0.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$136,911.00 USD
$0.00 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

Your Investment Record

21 days ago

Dear Investors:

Thank you for your investments. 

For the couple of people that have not confirmed their investments by credit card please do so immediately or your investment commitment will be voided out as we wrap up our campaign records.

For those of you that have invested at a tier level of at least $5K in aggregate you will be getting a direct email from us that will confirm your Bonus shares as that will not be reflected in your personal StartEngine account. Instead, those Bonus shares are recorded in our corporate share registry.

From hereon, should you have any question regarding your investment please feel free to contact us directly at info@powerhero.com.

Regards

Esmond Goei

CEO & Co-Founder


Campaign Closing In 6 Hours.

about 1 month ago

This is it!  Our campaign closes at midnight tonight. 

If you missed out on the hot stocks in the economy-sharing space like Uber, Airbnb, Waze or Ring, you might want to consider investing in Power Hero now!

Power Hero Summary:

  • First dynamic peer-to-peer (P2P) EV charging network using AI and crowd-sourcing;
  • 6 patents pending including autonomous mobile EV charging;
  • Seasoned executive team with multiple exit successes;
  • Verizon Partner Program beneficiary;
  • Beneficiary of 1-year free use of IBM’s Bluemix Cloud environment;
  • Partnered with Arrow Electronics for manufacturing and distribution;
  • $5M pre-money investment valuation;
  • $75K grant recipient of First Coast Innovations First Fund grant ;
  • Pursuing $8M of Fed and State grants under the auspices of DOE, DOT, and NSF;
  • Power Hero EV station booking App in alpha test;
  • Beta test beginning in November 2018; and
  • Station Hosts recruitment started.

Invest now before it is too late!

Power Hero

Top 10 Q&A

about 1 month ago

Hello Everyone


As tomorrow is the last day of our campaign we thought it would be helpful to recap the top 10 questions we have received from our investors and followers.


1. Do you anticipate the company to eventually go public or you rather hope for big acquisition?


We have no preference on the form of exit and will consider all options in the interest of all our stakeholders.  Each exit has its own characteristics and need to be considered at that juncture, even as to who the acquirer is, but rest assured that we have had experience in being acquired, going public, or even being acquired after going public


2. What is the projected value of the company?


Our plan is to launch in the Pacific Northwest as our test market and move our way down to California, the largest market in America.  As we make progress we expect our valuation to increase but I don’t think we are allowed to speculate what that might be.  However, we believe that we have the characteristics of several of the economy-sharing companies that have gone before us such as Uber, Airbnb, Ring, and Waze.  Our plan is to be at a revenue run rate of at least $50M in 5 years.  In that regard, it might be useful to note that there are about 1M EVs in America and various analysts project the industry growth to be between 50% to 80% annually for many years. At the very least we expect to grow with the industry, which hopefully will translate into healthy valuation multiples.



3. Who pays for the cost of ePort hardware, the company or the “Heroes” (Hosts)?


The cost of hardware will be covered by a user upgrading to a premium level subscription.  The cost of hardware will be amortized and absorbed into the price.  Our manufacturing partner, Arrow Electronics, will build and deliver the product directly to subscribers and additionally assist us in financing options for the components.


4. You state in your campaign that there is no quick charging yet some companies claim, including Tesla, that they have DC Super Chargers. 


We state there is no “quick charging” because the fastest you can charge a car is 30 minutes.  When you compare that to filling up on gas, many drivers would find it unacceptable to sit in a gas line for that long.  Which is why we focus on charging everywhere you would want to park, so you can constantly top off and extend your range.


5.  Do you take into consideration that your hardware may need to be updated pretty often to keep up with the industry standards?


The J1772 connector on chargers (except Tesla) is a North American standard that took some time to take hold and all EVs in America either uses that plug or can adapt to it, including Tesla. We believe that the standard is not going to change any time soon, particularly given the hundreds of millions of investment by all participants in the industry. Also, our ePorts control the electrical outlets to which the chargers plug into, and our Cameo fits over the J1772 connector so we think that we would be relatively immune to industry standards changing any time soon. 


6. You also state that you are the only P2P company in the space. Do you have any proprietary solutions/ patents that will make it more difficult for competition to develop similar platform?


We claim to be the only “dynamic” P2P charging platform.  There are others that try to do this, but they are glorified listing apps, and the process of booking a private station is manual and tedious . . . certainly not an option when running out of juice in a pinch.  Imagine if when using your Uber app, you had to reach out to all the drivers individually to arrange your ride.  Our platform is designed to intelligently assess availability of stations and allow drivers to see and book available stations with the push of a button; a big leap forward in this space.  Our IoT components will make charging more dependable, much easier and automated.  That is where we are focusing the bulk of our patent work - the ePort and Cameo.


7.  When will the app and hardware be released?


We plan on testing and releasing beta apps as early as November, with a full app launch in Q1 of 2019.  Hardware will be delivered later in 2019.


8.  How will your partnership with Verizon work?


As part of the Verizon Partner Program, we will work through several stages of Verizon support. First development. Verizon will help us develop our hardware and certify through FCC, greatly reducing time and cost to market. Then they will offer resources to help us develop sales tools and media. When launched, we will be able to sell alongside Verizon. This will allow their substantial sales force to generate leads (inside and outside reps), while providing a portal to track leads through closure. Eventually, as we grow we will also be able to take advantage of co-branding opportunities. We feel this will be most valuable on the B2B side, identifying landlords, businesses, and retailers who can benefit from our IoT hardware to link their electricity sources to our cloud platform. This will help them generate revenue, attract customers, and keep employees happy. We are excited about partnering with Verizon and also Arrow Electronics who helped take the inventors of the Ring doorbell into market. We feel our early partnerships set us apart from other small players entering this space.


9.  How much money does a Hero (host) make?  How do you get around utility restrictions for reselling electricity in certain places?


Heroes are primarily opening their home charging station to help EV drivers in need.  It isn’t a lucrative revenue source.  Hosts will typically charge $1-$2 per hour to recoup electricity costs. Notwithstanding, some commercial operators charge more than $10 per charge so there may be opportunities for our Heroes to make more with customization of the amenities they offer, such as WiFi access, etc.  If 5% of Level 2 owners open their driveways to the public then we can more than double the amount of charging stations available and make a big impact in rural areas.


Heroes get free access to the entire network and all of its features.  They are also are able to take advantage of our Power Hero Perks program which can save them over $2,000 per year in dining, travel and entertainment.


Our Heroes do not sell electricity.  They rent parking with complimentary use of a charging station.  Therefore regulations around selling electricity do not apply. 


10.  Will you manufacture charging stations?


This is not in our current plans.  By not manufacturing a charger, we won’t compete with charger manufacturers.  It would be more valuable to become the central platform on which all chargers integrate for reservations.  That is our long-term goal.   


Rob Kent

Vice Chairman & Co-Founder

$75,000 Funding Award - Collective Innovations, First Coast Innovations – First Fund

about 2 months ago

Power Hero has been selected to participate in Collective Innovations, First Coast Innovations-First Fund.  


The fund is designed to assist first-to-market innovators such as Power Hero.  The Q2 2019 award of $75,000 will be an unrestricted and non-dilutive funding source that will serve as a catalyst for market development and commercialization.  


Power Hero continues to aggressively pursue additional funds for United State federal grants under the NSF, DOT, DOE, the State of California and private foundations to accelerate development while preserving investor equity positions.


Thank you for following and investing.  Three more days remain in the campaign!  Please share with your friends and invest.


Rob Kent

CMO, Vice-Chairman, and Co-Founder

Power Hero


Now Recruiting Heroes!

about 2 months ago

Dear Investors and Followers,

If you have invested or have been following our campaign, it is likely because you own an electric vehicle, or you plan to get one. 

So, we have an exciting announcement for you!  As of today we are now officially recruiting Heroes! 

Heroes agree to make their home Level 2 chargers available to their fellow EV drivers in a pinch.  With over 500,000 owners of private Level 2 chargers, we want to greatly expand the options for EV drivers, especially in rural areas.

Heroes get $2,000 in annual discounts through our Power Hero Perks program.  If you own a Level 2 charger, go to our site to pre-register and we will immediately enroll you in our perks program. 

https://www.powerhero.com/become-a-hero/

Also please share on your social media feeds and with friends.  The more Heroes we get, the more valuable your investment in Power Hero becomes!

Rob Kent

CMO, Vice-Chairman, and Co-Founder

Power Hero

Notice of Funds Disbursement

about 2 months ago

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

Hello!

As you might know, Power Hero 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 Power Hero 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

7 Days Left In The Campaign!

about 2 months ago

Dear Followers:

We'd like to remind you that there are only 7 days left in our campaign.  We will not be extending it.

If you have been considering an investment in Power Hero now is the time to do it! 

If you have already invested but did not qualify for our Perks please note that we will be counting your previous investments towards your perks tier qualification so please consider increasing your position in the next 7 days.

Thank you for your support!

Esmond Goei

CEO & Co-Founder

Bonus Shares! Last Chance!

about 2 months ago

Dear Investors and Followers:

As we approach the end of our StartEngine campaign, we would like to give you one last chance to get Power Hero bonus shares and perks.  If you already invested but not enough to qualify for one of our Bonus tiers here’s your chance to get to that tier or higher, in aggregate, because we will count your past Power Hero investments in qualifying for the bonus.   If you haven’t invested here’s your chance:

  • $500 tier — If you invest $500 in aggregate, you will receive a free Power Hero t-shirt or polo;
  • $1,000 tier — If you invest $1,000 in aggregate, you will receive a Power Hero windbreaker and a year of free membership;
  • $5,000 tier — If you invest $5,000 in aggregate, you will receive 10% additional bonus shares;
  • $10,000 tier — If you invest $10,000 in aggregate, you will receive 15% additional bonus shares;
  • $25,000 tier — If you invest $25,000 in aggregate, you will receive 20% additional bonus shares.

Don’t miss this last chance to be a Power Hero to your friends and family by sharing this opportunity to invest!

Esmond Goei

CEO & Co-Founder

Notice of Funds Disbursement

2 months ago

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

Hello!

As you might know, Power Hero 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 Power Hero 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

Investing In IPOs

2 months ago

In our last update, Rob Kent, my Co-Founder posted a video that I created entitled "Is Equity Crowd Funding the New IPO".  This was a video produced by ExecRanks for their Advisor IQ executive education series.  ExecRanks reached out to me due to my past experience taking my own company and several others public on NASDAQ, and our Power Hero crowd funding campaign with StartEngine. I hope you found the video as informative as the executive member base of ExecRanks has.

In my video I also alluded to Private Equity Funds and acquisition by another public company as a potential and lucrative exit alternative to IPOs for investors in private companies such as Power Hero.  An example of that is Ring, the smart doorbell company that was acquired by Amazon for $1 billion.  Another variation of an exit route for investors is for their company to seek public listing first via a reverse takeover (“RTO”) of a listed company and then get acquired by a private equity fund.  While this may sound illogical such transactions take place due to the constraints imposed on some private equity funds that prohibit them from investing in non-listed entities, thus going public first via an RTO is merely a stepping stone to ultimate liquidity and profits.

While I am not suggesting that we are in any way ready to pursue any of the above, I did want our investors to know that your management team has the experience to pursue multiple exit routes for our investors.  

Last but not least, as I mentioned in my ExecRanks video, crowdfunding may be the only way for the general public to invest in a future hot IPO by pre-investing in advance as IPOs are becoming more directed at institutions and not available for the crowd.

Please recommend your friends and family to invest in Power Hero now while they still can!

Esmond Goei

CEO and Co-Founder

CEO Esmond Goei Speaks on the State of IPOs

2 months ago

Having taken several start-ups to exit over the last two decades, Esmond Goei, CEO of Power Hero delivers his perspective on the changing dynamics of IPOs. 

Click below to see Esmond Goei’s presentation to ExecRanks and his interesting take on the role of crowdfunding in the overall landscape of public fundraising.

Is Equity Crowdfunding the New IPO?

Rob Kent

CMO, Vice Chairman and Co-Founder

Power Hero

Notice of Funds Disbursement

3 months ago

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

Hello!

As you might know, Power Hero 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 Power Hero 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

New Board Director

3 months ago

Power Hero is pleased to announce the appointment of Manu Das to its Board of Directors.

Manu has been with Power Hero as an advisor since June 2018 where his significant background in artificial intelligence (AI) has made a substantial impact on the technical direction of our platform.

According to Manu, “Power Hero is uniquely positioned to use AI to leapfrog directory-based EV charging apps that are tedious for drivers. With connected technology and substantial partnerships, they are poised to redefine this space and bring true smart solutions to a rapidly growing market.”

Power Hero is excited to broaden Manu’s role as a board director and additionally take advantage of our growing relationship with his CRM company (Soffront) who will automate our sales and marketing processes.

Please continue to follow us for more announcements.  It may be too expensive to invest in Tesla, but if you and your friends and family want to invest in the fast growing EV industry Power Hero is your chance to do so!

Esmond Goei

CEO & Co-Founder

Notice of Funds Disbursement

3 months ago

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

Hello!

As you might know, Power Hero 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 Power Hero 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

Final Campaign Extension - Pursuing $8 Million In Government Grants

3 months ago

Firstly, thank you to all our investors.  With over $135K committed and invested to date we’ve been able to aggressively pursue hardware and software development for our P2P EV charging platform.

We’ve also identified $8M in potential state and federal grants that we are pursing in the grant cycle ending October 2018.  In that regard we’ve brought on experienced grant-writing and management professionals with decades of grant application success to aggressively pursue these grant opportunities.  Even a partial award will allow us to significantly delay future investing rounds while we deploy our platform and allow us to increase the valuation of our company.  Obtaining the full amount should take us all the way to profitability.

As such we have decided to extend our campaign one last time for just 60 days to finish pursuing the grants and launching our platform. 

This will be our last campaign extension and the last opportunity to invest so don’t forget to share this opportunity with your friends and family.

Esmond Goei

CEO & Co-Founder

Notice of Material Change in Offering

3 months ago

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

Hello! Recently, a change was made to the Power Hero offering. Here's an excerpt describing the specifics of the change:


Power Hero is extending their campaign.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Notice of Funds Disbursement

4 months ago

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

Hello!

As you might know, Power Hero 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 Power Hero 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

Notice of Funds Disbursement

4 months ago

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

Hello!

As you might know, Power Hero 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 Power Hero 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

Now Accepting Bitcoin Investments!

5 months ago

As you may have read, Start Engine is now accepting Bitcoin investments for all campaigns.  As of today, Bitcoin holders can now directly invest in Power Hero.

We are excited and think this is an important step in linking forward thinking crypto-currency investors to innovative new companies like us, using crowd-funding to disrupt other markets.

Bitcoin can now be used to secure investment positions by going to our campaign.  If you are a Bitcoin holder and want to capitalize on this, please visit our campaign.  If you have friends and family that can take advantage, please pass this along.

Rob Kent,

CMO, Vice-Chairman, and Co-Founder

Power Hero

Major Power Hero App Milestone Reached

5 months ago

This week we released the “Alpha-1.0” version of our Power Hero app, which is an internal release to test key functionalities of our app in development and test usage such as registering EV charging stations and EV driver members, managing EV stations, searching for EV stations including non-Power Hero stations, etc.  We plan to have another Alpha release next month wherein any issues with Alpha-1.0 will be corrected, and more functionalities added for testing. 

We are excited with the progress in our app development as it gives us increased visibility of our launch date and the superior patent pending features that we will have compared with other EV charging station listing services.

Thanks to your investments we have been able to begin detailed hardware development to take us beyond the current prototype; you might recall that our proprietary hardware will allow for dynamic reservation of our charging stations, which is unique.  As we get more investments we will apply more resources to our hardware effort.  Help us get there sooner, share our progress with your friends and families and invite them to invest in Power Hero!

Esmond

CEO & Co-Founder

Notice of Funds Disbursement

5 months ago

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

Hello!

As you might know, Power Hero 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 Power Hero 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

Why We Extended Our Campaign.

5 months ago

We had set $88K as the maximum funding target needed to complete our software app development.  Thanks to your investments our app development is on schedule and ready for beta testing in September.  Due to our recent momentum and increasing market popularity, we’ve decided to extend the campaign and raise our target so as to accelerate hardware development as well. 

Thank you for your continued support.  Please continue to follow us here for updates on market and product development.

Esmond

CEO & Co-Founder

Notice of Material Change in Offering

5 months ago

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

Hello! Recently, a change was made to the Power Hero offering. Here's an excerpt describing the specifics of the change:


Power Hero Corp. is extending their campaign, increasing their maximum funding goal, and updating their financials.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

AI and CRM Expert Joins Power Hero.

6 months ago

We are pleased to announce the addition of Mr. Manu Das to our Advisory Board as Technical Advisor.  His years of experience in customer resource management (CRM) software and artificial intelligence (AI) will help us deliver incredible user experiences and automated digital sales processes.

Manu is the CEO and Founder of Soffront Software, Inc., which he started in 1992. There, he created one of the first products in CRM, and grew it to a leading supplier to Small/Medium Businesses.  

Prior to founding Soffront, Manu dedicated several years to the application of AI with Olivetti’s Advanced Technology Center in Silicon Valley, carried out research and development at Stanford University in the area of object recognition, and was one of the main researchers of a highly visible DARPA project on automatic test vehicles.

Mr. Das received a Master’s Degree in Computer Science from the University of New York, Buffalo as well as a Master’s Degree in Electrical and Computer Engineering with distinction from the Indian Institute of India.

We are excited to welcome Manu Das to the team and eager to take advantage of his knowledge and experience to deliver a breakthrough platform for EV owners.

Invest in Power Hero today!

Esmond Goei

CEO & Co-Founder

Power Hero Named Top Deal

6 months ago

While it’s always fun to get press, and more fun to get awards and accolades . . . it is truly special to have the CEO of a growing analytics outlet comment on your campaign. 

We’d like to thank KingsCrowd for naming us Top Deal out of the many companies they reviewed.  As a new and rapidly growing analytics and research platform for crowdfunding, we encourage all of our followers to register there for insights and updates on other great investments like Power Hero. 

Specifically, KingsCrowd CEO Christopher Lustrino said “after significant due diligence, Power Hero has been selected by KIngsCrowd as a "Top Deal."  For the full text check out our Comments section on our campaign.

Esmond

CEO & Co-Founder

Notice of Funds Disbursement

6 months ago

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

Hello!

As you might know, Power Hero 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 Power Hero 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

Increasing Shareholder Value Through Innovation

6 months ago

Dear Investors and Followers:

At Power Hero we believe innovation is the foundation of customer satisfaction and growth.

Last week we filed our 6th patent with the US Patent Office which will enhance the ease and security in which home based EV chargers are accessed.

This new innovation will make it easier for EV owners to offer their EVSE for public usage and enhance our peer-to-peer charging model. 

Your investments make it possible for us to continue innovating. Invest in Power Hero and spread the word!

Esmond

CEO & Co-Founder

Verizon and Power Hero

6 months ago

Dear Followers,

Recently we updated you about our ePorts and Cameo; hardware that allows anyone to connect a 110V power outlet or EV charger to our network, so it can be found, reserved and brokered.   

We are now happy to announce that we will be partnering with Verizon to connect and deploy those devices!

Verizon is the leading wireless service provider in America with over 150 Million subscribers!

Power Hero has been approved for the Verizon Partner Program.  This is a national program that will allow Verizon’s 3,000 inside and outside sales reps to promote our product and give us eventual co-branding opportunities.

We are excited to put Verizon’s reputation and expertise on our side as we get closer to launch.

Invest in Power Hero today!


Rob Kent

Vice-Chairman, Co-Founder, and Chief Marketing Officer

Power Hero

Demo Day !

6 months ago

Hello  Power Hero Fans!

Power Hero will be presenting at StartEngine’s online Demo Day!  Tomorrow, May 31, at 12:20PM PDT.  

If you wish to attend please register your interest in attending by clicking here

At that time we’re going to announce the identity of a major wireless telecom company that is partnering with us!  We think that’s going to help promote our mission of creating a network of a million EV home charging stations! 

If you haven’t invested yet, please note that we are now at more than 500% of our minimum funding goal.  Don’t miss your chance to become a Power Hero shareholder.  Invest now!

Power Hero

Notice of Funds Disbursement

6 months ago

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

Hello!

As you might know, Power Hero 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 Power Hero 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

New Patent Filed On Self-Driving Mobile EV Charging Stations!

7 months ago

Hello Power Hero Fans:

Earlier this week we filed a 5th patent entitled Mobile Electric Vehicle Charging Stations. 

Mobile charging stations incorporating AI and self-driving capability are a logical evolution in a transportation industry free from the constraints of gasoline.  We’re quite excited at the potential of the invention, which would further differentiate us from our competition. 

While we would like to keep details of the patent confidential at this time suffice it to say that it has the potential to further disrupt the EV charging stations status quo while expanding our economy-sharing model. 

Get on the right side of change.  Invest in Power Hero and tell your friends and family!

Power Hero

Notice of Funds Disbursement

7 months ago

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

Hello!

As you might know, Power Hero 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 Power Hero 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

Don’t Miss Your Chance to Invest in a High Growth Market!

7 months ago

Inside EV just released their March sales report card with a record month of 26,000 EVs sold.  They are projecting sales to easily beat 300,000 this year which is 40% growth.

With the EV market breaking the 1M mark this year it will still be far less than 1% market share.  IHS Global Insight and Volkswagen expect the market to hit 8% in five years.  This is going to put astronomical demands on EV charging.

Norway, who leads the world in EV adoption at 7% market share, has one public EV charging station for every 15 EVs.  We are woefully behind in the US with one station per 44 EVs. 

The need for Power Hero has never been greater!  Our infrastructure-free model will rapidly scale public EV charging and allow us to close the gap much faster than all other manufacturers combined.

This is your chance to invest in a breakthrough solution for a rapidly growing market!  Invest in Power Hero today!

Rob Kent

CMO, Power Hero

Announcing Power Hero Perks – Member Incentive Program

7 months ago

Dear Followers,

I’m extremely excited to announce the coming launch of Power Hero Perks

Power Hero Perks is a comprehensive rewards program that will give our Power Hero Network members exclusive access to over 350,000 web and mobile discounts to hundreds of online brands.  Another initiative that our investors have made possible with their investments.

It was extremely important for us to have this program in place before recruiting members.  Not only can we give EV owners a sense of community and peace-of-mind with a P2P charging network, we can now also reward them with $2,000 in annual savings for being a member.

The program will include major brands like Six Flags®, Papa John’s ®, Ramada® and Men’s Warehouse® to name a few.  Members will see average discounts of 30-40% on select restaurants, attractions and travel – all easy to find and redeem via our mobile app.

We plan to launch Power Hero Perks this spring in line with our member-recruitment efforts.  If you wish to be kept posted on Power Hero Perks updates, go to our website to register your email.  Please  share the Power Hero investment opportunity with your friends and family!

Esmond Goei

CEO, Power Hero

Notice of Funds Disbursement

8 months ago

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

Hello!

As you might know, Power Hero 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 Power Hero 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

Technology Update

8 months ago

Dear Power Hero Followers,

We have hit 350% of our goal much earlier than expected.  With that we’ve been able to accelerate some of our product development efforts. 

New Product

We have now added an exciting new product to our development pipeline, the Power Hero Cameo for Level-2 EV charger equipment.

The Cameo is a connected piece of hardware that attaches to an existing Level-2 charger and connects it to our Power Hero Network.  Any  ‘dumb’ charger then can easily become a ‘smart’ charger that can be found, reserved, and brokered.

The patent for the Cameo was filed on February 19th, 2018.  After several rounds of review with our development partners we felt it was time to announce it to our followers and investors.

Deployment Priorities

To optimize early market penetration, our priorities will be the 110V Outlet Adapter (or ePort) followed by the Cameo.  With these two devices, we can canvas our target markets much more quickly and integrate existing power sources into a robust network. 

The 110V ePorts are already prototyped and will allow any outdoor power outlet in a parking garage or outdoors near a parking spot to become a networked Level-1 charger.  Specifically it allows landlords, garage owners, and homeowners to generate revenue from overnight charging with very little investment.  For apartment building managers that means that they can get a return on converting existing 110V AC outlets into reservable paid outlets, thus opening up the apartment residential market for EV sales.

The Cameo will allow business owners, retailers, and homeowners to upgrade very basic Level 2 chargers into an automated public charging station.  Our network will allow owners to dynamically price and control access – prioritizing employees, comping customers, and charging fees after hours.  It will also allow us to create a robust automated network using the 500,000 private level 2 chargers in existence or being installed, while our competitors sluggishly install infrastructure.

Our smart hardware is designed to automate the supply-side of our business for reservations and brokering power.  Hardware deployment is estimated for Fall 2018 as more investments come in.

Thank you for your continued support and keep monitoring Power Hero for more updates!  Better yet, tell your friends to invest in Power Hero!

WOW!

8 months ago

We are over 200% of our goal IN LESS THAN A WEEK!  Thank you!

We are excited to see your enthusiasm!  Our goal is to get 1 Million EV charging points on the grid.  If we can do our part and push electric vehicles to 20% share of the market, together we can eliminate over 230 million metric tons per year in harmful greenhouse gasses.  

Encourage your friends and family to get onboard before the opportunity closes!  Invest in Power Hero. https://www.startengine.com/power-hero-corp

Esmond

WOW!

8 months ago

We are over 200% of our goal IN LESS THAN A WEEK!

We are excited to see your enthusiasm!  Our goal is to get 1 Million EV charging points on the grid.  If we can do our part and push electric vehicles to 20% share of the market, together we can eliminate over 230 million metric tons per year in harmful greenhouse gasses.  

Encourage your friends and family to get onboard before the opportunity closes!  Invest in Power Hero. https://www.startengine.com/power-hero-corp

First 24 hours

8 months ago

THANK YOU INVESTORS!

We hit our first goal in less than 24 hours of listing!

That means you get it, and you believe that Power Hero is a great opportunity, so please tell your friends and family about us and help us get to a million EV stations on the map!   Share this link with them: 

https://www.startengine.com/power-hero-corp

Esmond



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