*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.
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 On Demand (POD). (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.
You wake up at 6 a.m. to the smell of fresh coffee prepared exactly to your liking -- lots of cream, lots of sugar. The smart coffee maker made it five minutes before your alarm went off, so it’s still hot.
As you are making breakfast, your smart refrigerator tells you that you're low on eggs and that the milk is about to expire. You tell the refrigerator to order more of both... it places the order for the items to be delivered to your home the following day.
Once the breakfast is prepared, you sit down at the kitchen table to eat. The smart television turns on by itself and flips straight through your favorite channels. You see a show you like and say, "stop," and the television does just that.
As you get ready for work, your home’s smart lighting system automatically lights each room you enter, then switches off when you exit. This way, you know you haven’t accidentally left any lights on that will waste electricity throughout the day.
You get into your electric car that has been charging overnight. Your car charger, like the rest of you home, is powered by a WISE energy storage system which allows you to automatically optimize your energy consumption. Your WISE system is coupled with solar panels on the roof so you can generate and store your own electricity. Sometimes, you even have enough electricity left over that you can sell it back to your utility company or even your neighbors.
As you pull away from your smart home, you know your labrador, Clover, will be safe and sound. Your smart security system will alert you automatically if strangers approach the doors and will call the police if someone tries to break in. Smart smoke detectors and carbon monoxide detectors will immediately alert you to any possible emergencies and will put you in contact with the fire department if necessary.
You control the entire system through an app on your smartphones or tablets that integrates with your entire smart home to control it from a single interface. Every aspect of your smart home runs through your WISE controller which is protected by cyber-security protocols guaranteed to keep you safe and sound.
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.
The energy storage industry is booming and is expected to continue to grow significantly over the next 5-10 years. The U.S. energy storage industry includes hundreds of companies and thousands of American workers. Currently, over 60 million Americans in 13 mid-Atlantic states plus the District of Columbia are saving money with energy storage systems.
The IoT refers to the connection of devices to the Internet besides smart phones, tablets, and computers. Cars, kitchen appliances, and even heart monitors can all be connected through the IoT, and many more devices will join that list in the near future.
What is the Internet of Things (IoT) and what is its growth potential?
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 CEO discusses energy storage with President Obama and members of Congress at the Minority Business Owners CEO Roundtable.
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.
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
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.
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.
IoT-enabled building systems such as smart HVAC, lighting, and security will become ubiquitous in the near future. Click this link to learn how you can become a WISE Distributor and enter the growing smart building market: https://www.wiseiot.net/
There are big players in the energy storage and Internet of Things markets including Apple, Tesla, Samsung, and Amazon. Click this link to learn how you can become a WISE Distributor and enter the multi-billion-dollar energy storage and Internet of Things markets: https://www.wiseiot.net/
Did you know that 33 percent of thermostats sold in 2014 were WiFi-enabled, and this number will climb to 75 percent by 2019? You can capitalize on the opportunities the IoT creates by becoming a WISE Distributor. Click this link to learn how: https://www.wiseiot.net/
Energy storage can be used with renewable energy sources, thus increasing the value of both technologies. The U.S. solar-plus-storage market is expected to surpass $1 billion by 2018. Click this link to learn how you can become a WISE Distributor and enter the growing solar-plus-storage market: https://www.wiseiot.net/
[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
Our company’s founder is also the founder of a business that developed a cybersecurity workforce compliance system for the U.S. Dept. of Defense which has more than 1.5 million registered users. Thus, we use cybersecurity best practices and seven layers of security to protect user data. Click this link to learn how you can become a WISE Distributor and enter the multi-billion-dollar energy storage and Internet of Things markets: https://www.wiseiot.net/
We are offering a limited number of Distributor licenses for qualified HVAC, electrical, and solar contracting companies. Distributors that invest $1,000 or more through our StartEngine campaign will receive a $500 (10%) discount off the Gold Distributorship license. Visit www.wiseiot.net to learn how you can become a WISE Distributor and enter the multi-billion-dollar energy storage and Internet of Things markets.
More than 60 million Americans are already receiving the benefits of energy storage, and the energy storage market will be worth $3.2 billion by 2022. Click this link to learn how you can become a WISE Distributor and take advantage of the growing energy storage market: https://www.wiseiot.net/
The WiseIoT.net portal continues to evolve. The Distributor's module is complete and ready to accept applications for distributor our partners at http://wiseiot.net Applicants can register and learn how to become a WISE Certified Distributor. Installation territories are awarded on a first come, first served basis for our 5-year license.
Our engineering team has created the energy storage prototype for demonstrations. This basic configuration of our solution is used to spec energy storage projects. The design team uses a configuration that can be customized for the project site. Stay tuned for more updates as we continue development.
WISE continues development of our unique solution. We are working with telecommunications companies to put our IoT on-premise device on secure networks. We are testing the Wise IoT hub for connectivity. Our system will use a smartphone, tablet or computer to securely connect consumers to appliances and electronics.
Your HVAC company can profit from the growth of these markets by selling and installing our technology. Click this link to learn how: https://www.wiseiot.net/
Did you know that 75 percent of smart home devices are purchased through home service providers such as HVAC, electrical, and solar contractors, and that the industry has a 31 percent compound annual growth rate? Click this link to learn how you can become a WISE Distributor and enter the smart home market: https://www.wiseiot.net/
Our company’s founder is also the founder of a business that developed a cybersecurity workforce compliance system for the U.S. Dept. of Defense which has more than 1.5 million registered users. Thus, we use cybersecurity best practices as well as seven layers of security to protect user data. Click this link to learn how you can become a WISE Distributor and enter the multi-billion-dollar energy storage and Internet of Things markets: https://www.wiseiot.net/
HVAC, electrical, and solar contractors can expand their service offerings by becoming a certified WISE Distributor. This allows them to sell and install our products. Click this link to learn how you can become a WISE Distributor: https://www.wiseiot.net/
Check out our new video on our StartEngine Page to see how WISE technology saves you money on electricity bills, improves your lifestyle convenience and business efficiencies, and reduces your carbon footprint: https://www.startengine.com/wise-llc
Smart HVAC technologies include motion-sensor air conditioning with automated humidity control, and ventilation with smart air filters. Click this link to learn how you can become a WISE Distributor and enter the growing smart HVAC market: https://www.wiseiot.net/
WISE is offering a limited number of Distributor licenses for qualified HVAC, electrical, and solar contracting companies. Distributors that invest $1,000 or more through our StartEngine campaign will receive a $500 (10%) discount off the Gold Distributorship license. Visit www.wiseiot.net to learn how you can become a WISE Distributor and enter the multi-billion-dollar energy storage and Internet of Things markets.
Intelligent energy storage allows building owners and facility managers to decrease their carbon footprint, increase efficiency, and save money. HVAC, electrical, and solar contractors can use WISE products to help customers achieve these benefits. Click this link to learn how you can become a WISE Distributor and enter the growing smart building market: https://www.wiseiot.net/
There are big players in the energy storage and Internet of Things markets already including Apple, Tesla, Samsung, and Amazon. WISE Power products and services give you an opportunity to enter these immense markets. Click this link to learn how you can become a WISE Distributor and take advantage of the multi-billion-dollar energy storage and Internet of Things markets: https://www.wiseiot.net/
Distributors that invest $1,000 or more through this StartEngine campaign receive a $500 (10%) discount off the Gold Distributorship license. WISE is offering a limited number of Distributor licenses for qualified HVAC, electrical, and solar contracting companies. Click this link to learn how you can become a WISE Distributor and enter the multi-billion-dollar energy storage and Internet of Things markets: https://www.wiseiot.net/
Building owners, facility managers, and building occupants increasingly expect new buildings to be equipped with smart technology such as intelligent energy storage and smart HVAC systems. Click this link to learn how you can become a WISE Distributor and enter the growing smart building market: https://www.wiseiot.net/
Our founder built a company that developed a cybersecurity workforce compliance system for the U.S. Dept. of Defense which has more than 1.5 million registered users. Click this link to learn how you can become a WISE Distributor and enter the multi-billion-dollar market surrounding energy storage and the Internet of Things: https://www.wiseiot.net/
HVAC, electrical, and solar companies can enter the growing smart home market by selling, installing, and maintaining intelligent energy storage systems through our WISE Distributor program. Click this link to learn more: https://www.wiseiot.net/
Intelligent energy storage will facilitate the smart homes market's continued expansion. Click this link to learn how you can become a WISE Distributor and enter the growing smart homes market: https://www.wiseiot.net/
WISE Power launches WiseIoT.net to take applications for Distributor partners. We are offering a limited number of 5-year distributor licenses to sell our IoT and Energy Storage products and services. We will issue licenses on a first come, first serve basis for interested parties. Go to WiseIoT.net to register.
Hello! Recently, a change was made to the Wise Power offering. Here's an excerpt describing the specifics of that change:
Wise Power, Inc. is raising their maximum funding amount.
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.
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