StackRack

StackRack is shaping the future of energy storage. Distribution partnerships, satisfied customers, and revenues surpassing $1 million in 2023. Enormously scalable. Global market projected to exceed $120 billion by 2030.

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Security Type
Common Stock
Min Investment
$252
Location
Corona, CA
Offering Date
January 30, 2024
Expected Close Date
March 29, 2024
Target Raise
$10.00K-$1.24M
Security Price
$4
Valuation
$40,000,000
Number of Employees
0
Cash
$79,388
Revenue
$91,878
Short Term Debt
$0
Cost of Goods
$61,032
Long Term Debt
$123,919
Net Income
$-34,986

Company Description

At StackRack, our mission is to install a smart battery system in every building connected to the electrical grid.What sets StackRack apart is our patent-pending portfolio of products: this wide array of solutions allows us to offer complete turnkey systems in a cost-effective and timely manner. Timely bids are particularly important for our primary targeted customer, co-op utility providers. These providers operate in nearly 80% of U.S. counties and provide electricity to over 50% of the landmass of the United States.Over the last 12 months, StackRack has generated over $1 million in revenue through the early rollout of our residential systems and secured our first megawatt battery project with a Fortune 500 company, powered by a co-op.
Amount Raised : $3,604
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Security Description

Common stock is a security that represents ownership in a corporation.

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