*All perks occur after the offering is completed.
Imagine if there was a way to store energy and then use it at any time to power your home or business. Think about the money you would save and the waste you would eliminate.
Well, here at WISE Power, we believe we have created a lifestyle management system that makes this idea a reality. The results are lowered electricity bills, enhanced quality of life and business efficiencies, and a reduced environmental impact from energy demand and consumption.
The way it works is through our patented technology which combines the Internet of Things (IoT) with Energy Storage. This technology allows you to store energy from the grid or renewables to use later. It also integrates all your IoT-enabled devices together into a single interface so you can easily monitor and control them through a smartphone, tablet or computer.
Here at WISE, we are on a mission to empower the world to save money, reduce waste, and control energy usage. Will you join us? Click the “Invest Now” button to become a part-owner of WISE at just a minimum investment of $100.
Convertible Promissory Notes
Note converts to Preferred Stock when the company raises $3,000,000 in a qualified equity financing
Maturity Date: 04/30/2020
$10,000,000 Valuation Cap
10% Discount Rate
03% Annual Interest Rate
Maximum ($1,070,000) of Convertible Promissory Notes
Minimum ($10,000) of Convertible Promissory Notes
What is a Convertible Note?
A convertible note offers you the right to receive shares in WISE Power, Inc. The number of shares you will receive in the future will be determined at the next equity round in which the Company raises at least $3,000,000 in qualified equity financing. The highest conversion price per share is set based on a $10,000,000 Valuation Cap or if less, then you will receive a 10% discount on the price the new investors are purchasing. You also receive 03% interest per year added to your investment. When the maturity date is reached, if the note has not converted then you are entitled to either receive your investment and interest back from the company or convert into equity.
The US Utility grid would cost $5 trillion to replace and isn’t secure, requiring new infrastructure. The grid is susceptible to outages.
Electric utility usage is expected to increase due to higher demand and therefore creating higher utility bills.
With billions of connected devices coming online, cyber security is a very real concern. Hackers can access information through connected devices.
IoT devices are not set up to work with each other. Consumers will need to track multiple passwords to manage IoT systems.
WISE Controller. (Patent No: US 9,559,522) The WISE Controller is the IoT solution to your energy distribution needs. It sends and receives signals from smart devices, measures electric output and monitors electric demand from appliances as well as HVAC units, electronic devices, light fixtures, and all other loads on a building’s electric grid. The WISE Controller can also track energy usage, send emergency alerts and notifications, and provide energy saving suggestions through any mobile device or computer.
The WISE Controller can integrate smart devices such as smart HVAC, security, lighting, and all other smart home and smart building technologies. It does this by serving as a vendor-neutral Internet of Things hub that allows you to control all your smart devices from a single display, thus enabling true building automation. Its cloud-based software is compatible with iOS, Android, and other mobile platforms.
WISE Power Tower (Patent No: US 9,348,384) The WISE POD harnesses, controls, and directs energy through a storage product system. This storage technology creates a microgrid to provide power to buildings while connecting them to the Smart Grid through the integrated WISE Controller. The WISE POD stores electricity using a series-tied lithium-ion battery bank combined with an ultracapacitor bank. Customers can integrate the system with alternative energy sources including solar, wind, and other intermittent renewables. The system can also charge electric vehicles and swap power with them.
WISE technology will analyze and learn about your building’s daily energy usage and alert you to ways you can change behaviors and processes to save money and optimize energy efficiency. These energy savings alerts can also lead to invaluable rebates, reduced rate programs, and other incentives your electric utility may offer, thus allowing you to further reduce your electric bill. Simple event buttons allow you to make money- saving changes instantly.
0.8kWh Blade Powers a Room
10kWh System Powers a Home
10-50kWh System Powers a Business
5-8kWh Docking Station Powers Several Rooms
1-3 MW System Powers a Community
Select a form factor that best suits the project
Some use cases require outside installations
An outer cover protects the components from the weather and outside elements
Our team works with clients to design the right solution
Outside energy storage for residential applications
WISE was created through several years of research and development studying trends in energy storage and the IoT. We started this StartEngine campaign to share our emerging technology with the masses. We also created a business model that helps businesses offer new energy storage and IoT products and services to their customers as WISE Certified Distributors. This Distributed Energy Source System will generate entrepreneurship opportunities throughout the country and will create thousands of new jobs.
Wise Power, Inc. (dba WISE) is marketed as WISE Distributed Energy and WISE Lifestyle Management. WISE Distributed Energy offers small-scale residential and commercial energy storage. Projects are self-assessed by consumers on our website using a free proprietary Energy Assessment Tool. Project leads are then emailed to our Distributors for a more comprehensive review with the consumer. Energy storage projects are performed on a project-by-project basis and sold as kWh(s) per project.
Emphasis is placed on 5 kWh units series tied to 20 kWh per project. The system also connects users to internet-enabled appliances and devices in the home or business through a smartphone, tablet or computer. The system measures the electric power consumption at the grid's edge and matches energy storage solutions to power the needs of consumers. Energy is stored in battery banks from the grid or renewables to optimize energy use.
WISE Lifestyle Management is a cutting-edge platform that uses the Internet of Things (IoT) to manage our everyday activities by integrating our smartphones and other mobile devices to Home IoT, Connected Cars IoT, Health IoT and Smart Cities. A monthly subscription plan for connected devices is sold through our distributorship network.
WISE is licensing a network of certified Distributors beginning in April 2018, based on geographic locations in the US. We used Census Tracks to assign territories for our partners to sell and install energy storage and IoT solutions. Qualified businesses are trained and certified as WISE Certified Distributors which include Resellers Rights. Ideal candidates for Distributorships are HVAC Companies, Solar Contractors, and Electrical Contractors.
Real Estate Developers, Real Estate Brokers, and Property Managers are good candidates to be Resellers. These businesses are able to help consumers create the latest in home automation by connecting internet-enabled devices using a smartphone, tablet or computer. Resellers refer sales opportunities to Distributors and WISE provides the equipment and connectivity. Resellers then receive a revenue share for their referrals.
WISE developed a working prototype of the energy storage invention in 2010. Patents were filed to protect the Intellectual Property and utility patents were awarded in 2016 and 2017. Today, a team of engineers is developing the mass-market energy storage modules for testing and certification. We anticipate that energy storage solutions will be ready for project installation by the end of 2018.
Our IoT hardware build and certification is on a faster track. We have entered a Partnership with a major U.S. telecom provider to connect our devices through their North American network. Our IoT solution is secure-by-design for consumers to connect devices without fear of hackers stealing personal data. We use multiple technologies in combination to create a comprehensive IoT platform. Our system is managed through the WISE web portal.
Click the “Invest Now” button to become a part-owner of WISE at just a minimum investment of $100.
Wise has a signed an Agreement with AT&T. WISE is authorized to collect and transport data using a secure wireless network. Our machine-to-machine system allows our customers to use their computers or smartphones to connect with appliances and electronics. A single WISE icon lets our members control devices and receive texts and alerts to save money on energy.
Wise IoT connects appliances and electronics to your smartphone or computer
Connect your devices to a single WISE icon regardless of vendor (video doorbells, door locks, thermostats, etc.)
Receive energy saving texts and alerts to your computer or smartphone
Battery storage and rooftop solar could mean new life post-grid for consumers
By pairing two different generating assets such as solar and wind with energy storage, the system is more reliable and flexible than individual standalone solutions
With energy storage, you can actually obtain total energy independence. Instead of giving the electricity generated by your solar panels back to the grid, keep it. Store it in a home battery, and discharge it whenever your solar panel generation tapers off. This is what it means to have true energy security and independence. Home batteries are the only way to go off-grid without making huge sacrifices in your lifestyle.
The WISE Patented - Free Energy Assessment
Power Your Home or Business
WISE technology empowers you to store electricity from the grid or renewables to save money on electric bills, shrink your carbon footprint, and control your energy usage to fit your lifestyle or business operational needs.
The WISE Controller also can integrate smart devices such as smart thermostats, cameras, locks, lights, and all other smart home and smart building technologies, and is compatible with iOS, Android, and other mobile platforms.
In addition, WISE technology will analyze and learn about your daily energy usage and alert you to ways you can change behaviors and processes to save money and optimize your energy efficiency.
Commercial Optimization
Utility bills are a necessary part of budgeting for almost any business that owns or rents buildings to support its operations. Energy malfunctions or inefficiencies can negativity impact revenue.
These costs can be mitigated with the implementation of WISE technology that optimizes a company’s energy usage while providing a virtually unlimited source of backup energy.
WISE technology also allows businesses to integrate their building management systems with smart HVAC systems and other smart technologies to optimize energy usage and reduce electricity bills.
Network of Distributors
The WISE business model is built on a network of Partners and Distributors to market, sell and install WISE Distributed Energy products and services to customers.
As a WISE partner you will receive distribution rights to sell, distribute, and install WISE technology within your geographical territory; as well as receive proper training and certification.
You will also be trained and educated on the technical details of WISE technology, and be given marketing materials to help you communicate the benefits of WISE technology to your customers. Become a WISE Partner today.
Private Cloud
WISE is creating a private cloud to support our North American operations. Our Secure-By-Design network uses many forms of the latest technologies to capture and store data securely.
The private cloud allows users to add IoT devices from home, work, health records, and connect to Smart Cities. WISE will manage this data in our cloud. Users have access to their connected devices 24/7/365.
WISE Partners will use cloud services to distribute, sell, and service our technology in North America. The IoT and energy storage platform will capture data and move it to the cloud. The data is safely stored for use later.
Software Defined Network
Generate Revenue Using Our Cutting-edge loT Platform
Monthly loT Plans Starting at $10 per month
Sell Patented Intelligent Energy Storage Solution
Install Intelligent Energy Storage Units for Home and Business
Play video below for more information
Introducing the Wise Power Lounge. Our field testing and demonstration site will provide a unique experience to see how our Wise patented products work. Energy storage units and the IoT Controller will be on display in the WISE Showroom. Some of the Wise Power lounge monitors will display energy usage data to show real-time solar and battery power generation. WISE will deploy 150 KW of solar power and energy storage to the arena. Our distributors can train and certify at this facility.
B2B spending on IoT technologies, apps and solutions will reach $296.8B by 2020 according to a recent study by Boston Consulting Group (BCG).
Energy storage installation is expected to expand from 6 gigawatts in 2017 to more than 40 gigawatts by 2022 according to the Energy Storage Association
PG&E Corp., Sempra Energy and Edison International must collectively buy 1,325 megawatts of energy storage by 2020.
The association projects Flywheel and battery energy storage systems provide a 10x faster and more accurate response to a power dispatcher’s signals compared to power turbine generators.
Bain Capital Group (BCG) predicts the B2B IoT segments will generate more than $300B annually by 2020, including about $85B in the industrial sector.
BCG predicts by 2020, 50% of IoT spending will be driven by discrete manufacturing, transportation, logistics, and utilities.
BCG also predicts that IoT will have the most transformative effect on industries that aren’t technology-based today. The most critical success factor all these use cases depend on secure, scalable and reliable end-to-end integration solutions that encompass on-premise, legacy and cloud systems, and platforms.
WillCo Development
Acquired, rehabbed, and sold homes
19 properties in greater KC area
WISE is our patented new disruptive technology that allows consumers to store the energy to power a home or business as well as control connected devices from a smartphone or tablet.
WillCo Technologies
Custom software development and systems integration for large enterprises
System became mission critical in 2010
1.6 million registered DoD end users
20 billion database queries per year
Met with highest levels of Government
Deemed subject matter expert specialized in cyber security & system integration
WISE developed a working prototype of the energy storage invention in 2010. Patents were filed to protect the Intellectual Property and utility patents were awarded in 2016 and 2017. Today, a team of engineers is developing the mass-market energy storage modules for testing and certification. We anticipate that energy storage solutions will be ready for project installation by the end of 2018.
WillCo Promotions
Live events production and promotion
Produced festivals in KC & Dallas
Produced Multiple concerts
Sponsored and Co-produced Power & Light District concert series
Our IoT hardware build and certification is on a faster track. We have entered a Partnership with a major U.S. telecom provider to connect our devices through their North American network. Our IoT solution is secure-by-design for consumers to connect devices without fear of hackers stealing personal data. We use multiple technologies to create a comprehensive IoT platform. Our system is managed through the WISE web portal.
WISE CEO Kevin Williams discusses energy storage with President Obama and members of Congress at the Minority Business Owners CEO roundtable. Kevin is also seen above with Missouri Governor Jay Nixon receiving the minority business of the year award and with the Governor as he held a press conference at Kevin’s former company offices, WillCo Technologies. Also pictured above with the acting Secretary of Army, the Honorable Patrick Murphy after renewing a 5 year contract with the army for cyber security workforce compliance. Lastly seen with Governor Nixon and Kansas City Mayor Mark Funkhouser as Kevin was honored at the Governor and Mayors reception.
WISE has assembled a top-notch product development team to elevate our products to the next level. We have secured contracts with a telecom industry leader to build our network certified IoT device and Evocativo is designing and building the energy storage solution. Wise Power, Inc is marketed under two distinct brands: Our energy storage brand is WISE Distributed Energy and our IoT brand is WISE Lifestyle Management.
Store the energy to power your home. Focused on small-scale energy storage for home and business.
WISE Lifestyle management uses the Internet of Things to help consumers manage their energy use.
Kevin Williams, CEO of WillCo Technologies, said that this is because of the way electrical grids are designed. Although the average consumer requires significantly less power during school and work hours, the grid keeps energy limits consistently high in order to sustain through...
Kansas City's 1 Million Cups program on Wednesday featured an entrepreneurial game startup that spurs business ideas and another that helps consumers store their home's energy and save money.
The Internet of Things (IoT) market will reach $267 billion by 2020, and the Institute of Electrical and Electronics Engineers reports that there will probably be nearly 30 billion devices connected to it by then. The energy industry will likely see a large and immediate impact due to integration...
People asked Kevin Williams whether he was OK when he sold Willco Technologies just as it was peaking. But Williams knew there was a method to his apparent madness.
Serial entrepreneur Kevin Williams of Kansas City developed a new power storage product called Wise Power and has a crowdfunding campaign to help bring it to market.
Kevin Williams sold a majority stake in Kansas City's WillCo Technolgoies to an Ohio company. He plans to use the proceeds to fund his future retirement and invest in Overland Park startup Wise Power Inc.
For six years, Overland Park resident Kevin Williams labored on a technology to disrupt the energy sector and help consumers save money. Now, with two recently awarded patents, the fruits of his labor are coming to fruition, he said.
WISE is an intelligent energy storage and Internet of Things (IoT)-enabled lifestyle management startup. WISE technology combines the IoT with energy storage, thus allowing people to store energy to power their homes and businesses as well as to manage and automate their energy usage according to th
Selling a majority stake in his IT consulting firm will allow Kevin Williams to focus on and expand his startup venture, the Kansas City tech entrepreneur said.
The outlook for the utility-side-of-the-meter energy storage industry is bright. IHS Markit reports that the global pipeline for utility-side energy storage has doubled in the past years to 3.4 gigawatts. It also predicts strong growth for this market in the coming years. In addition, the Bloomberg
The energy storage market will expand dramatically in the coming years from an annual installation size of 6 GW in 2017 to more than 40 GW by 2021 . In addition, an IMS Research report predicts that the market for storing energy from solar panels will go from $200 million in 2012 to nearly $19 bill
One of the things we often hear from HVAC contractors is that they feel left out of the smart grid conversation. However, there are many reasons why HVAC contractors can and should play a pivotal role in the smart grid industry. Perhaps one of the most compelling is that energy consumption by HVAC s
The Internet of Things could help reduce greenhouse gas emissions by 15% in 2030 if its potential is fully used, writes Kevin Williams, CEO of startup Wise Distributed Energy in California.
A start-up based out of Kansas City is taking on auto and electronics giants such as Tesla, Mercedes and LG in the multibillion dollar energy storage space. WISE, a Kansas City based start-up, is set to launch its ‘intelligent’ energy storage solution soon. With the prototypes in place, WISE is rais
Safety, security, ethics and morals. For many companies, these issues sit in a gray area. Should the users and consumers bear the responsibility of these issues within IT? Or, rather, should the responsibility fall on the shoulders of the developers and distributors? In this episode, Kevin Williams,
As the Building Management Industry has a slow but steady shift toward sustainability, energy usage has moved to the forefront of the conversation. Kevin Williams, CEO of Wise Power, sat down with us to discuss how energy storage products, specifically ones with IoT capabilities, can revolutionize t
The multimillion-dollar investment from a Saudi Arabian accelerator and capital firm is pushing WISE Power from the West Bottoms to global growth, said Kevin Williams. “The injection will allow us to expand quickly to get this technology out to the world, which was what our original intent was with
INVESTMENT OPPORTUNITY
Convertible Promissory Notes
Note converts to Preferred Stock when the company raises $3,000,000 in a qualified equity financing
Maturity Date: 04.30.2020
$10,000,000 Valuation Cap
10% Discount Rate
3% Annual Interest Rate*
*Annual Interest Rate subject to adjustment 10% bonus for StartEngine shareholders. See 10% Bonus below
Maximum ($1,070,000) of Convertible Promissory Notes
Minimum ($10,000) of Convertible Promissory Notes
| Company | Wise Power, Inc. |
| | |
| Corporate Address | 2500 Broadway Building F, Suite F-125 Santa Monica, CA 90404 |
| | |
| Description of Business | Wise Power, Inc. (dba WISE) WISE is a platform that supports the flow of energy and information from consumers to service providers. WISE will allow consumers to securely connect their internet-enabled devices to their smartphone, tablets, and computers. A unique Energy Assessment captures electric power use from each device connected to the electric system. WISE then stores the electricity to power the home or business. The platform then connects consumers to a network of certified professionals through our private cloud. WISE is a Distributed Energy Source system that features IoT-enabled intelligent energy storage. The patented technology allows users to securely connect to the Internet of Things (IoT) to manage a digital lifestyle and store the energy to power their homes and businesses. |
| | |
| Type of Security Offered | Convertible Promissory Notes |
| | |
| Minimum Investment Amount (per investor) | $100 |
What is a Convertible Note?
A convertible note offers you the right to receive shares in Wise Power, Inc. The number of shares you will receive in the future will be determined at the next equity round in which the Company raises at least $3,000,000 in qualified equity financing. The highest conversion price per share is set based on a $10,000,000 Valuation Cap or if less, then you will receive a 10% discount on the price the new investors are purchasing. You also receive 3% interest per year added to your investment. When the maturity date is reached, if the note has not converted then you are entitled to either receive your investment and interest back from the company or convert into equity.
Perks*
*All perks occur after the offering is completed.
The 10% Bonus for StartEngine Shareholders
Wise Power, Inc. will offer a 10% bonus on the annual interest rate 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% increase in the annual interest rate on Convertible Promissory Notes in this Offering if they invest within a 24-hour window of their campaign launch date. For example, if invest in the first 24 hours, your annual interest rate will be 3.3% instead of 3%.
This 10% Bonus is only valid for one year from the time StartEngine Crowdfunding Inc. investors receive their countersigned StartEngine Crowdfunding Inc. subscription agreement.
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.
We added a LCD screen to our 10KWh unit before shipping to the US, India, and Japan. We are getting the our energy storage systems certified to connect to the electric grid in multiple countries. We are still signing up distributors to sell and install our energy storage systems. Go to http://getwisepower.com for more info.
We would like to thank all of those investors that believed in us and helped get Wise Power Energy Storage to market. The 1st unit came out of production a few hours ago. As we conclude the campaign, continue to follow us at http://getwisepower.com We will update the website tomorrow.
With warm regards from the Wise Power Team,
Kevin Williams
Wise Power, CEO
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Wise Power 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 Wise Power 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
The recent trip to India was very productive. Wise Power has established a new Distributor in India. U-Value is an experienced renewable energy consulting firm with many contacts. We were able to secure projects at Rupa Renaissance IT Park and Lahmas Satellite Services. We look forward to a long and prosperous relationship with U-Value.
We are ending our 10 day trip to India. We met wonderful people and established new business relationships. We booked orders that exceed $3 million in revenue and secured a pilot with Reliance Telecom. We are finalizing the agreement with an Associate Partner to create a permanent presence in India.
I’m currently on an extended trip to India. We have been able to secure a 10 MW order at an IT park in Mumbai and we got a pilot with Reliance Telecom to provide renewable energy to 5 of the 160,000 cell towers they operate. Below is our demo site for India. This is Lamhas Satellite Services where we will have a 10kWh demo site.
Wise Power is on an extended visit to India. We have secured orders for energy storage, IoT, wind, and EV projects. Much more to come from India.
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Wise Power 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 Wise Power 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
We are nearing the completion of the energy storage selection process. We have worked with the engineering team to design the components based on our patents. Now we are working with contract vendors to produce the product line. We have decided to use a modular design that will allow us to start with a small 5KW unit for residential use and scale it up to a larger commercial unit. Below is one of the designs for consideration.
Investment funds would pay for the first small production run of energy storage units. Some of these units will be submitted to government certifying bodies for safety testing. The remainder would go to our distributors for sales and installation training.
Above left is Sunny Sunwar the inventor of the unique energy storage blade system. Right is Kevin Williams CEO of Wise Power holding the original blade design in his right hand and the new smaller blade design in his left hand.
Wise Power will release it's small scale energy storage systems in the 2nd qtr. Our distributor network will begin taking pre-orders for delivery in the 3rd qtr. The small grid-tied residential units and the unique Blade systems will be ready for market soon.
