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Security Type
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CAFES
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Categories
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Technology, Financial Services, Retail
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Min Investment
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$100
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Expected Close Date
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April 29, 2024
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Target Raise
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$250.00K-$5.00M
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No. Investors
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16
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Security Price
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$1
- Number of Employees
- 4
- Cash
- $11,675
- Revenue
- $0
- Short Term Debt
- $113,577
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $-115,307
Key Deal Facts
Revolutionizing solar loans! Ending predatory practices, boosting residential solar adoption
Backed by Blu Banyan, a solar software leader – setting industry standards with U.S. Dept. of Energy
Massive 2024 pipeline: $6.5B in solar projects lined up with Blu Banyan clients
Strong momentum: Installers soft commit $300M+ for 4,500+ solar projects in 2024
Proven platform: Blu Banyan’s SolarSuccess powered $4.6B solar projects in 2023
U.S. residential solar market soaring! $17B+ by 2030, only 3% of homes powered, financing vital
Committed to rewarding you: Planned dividends and growing share value
Expert team: Decades of experience in solar, tech, and finance industries
Management Team / Advisory Board Bios
Jan Rippingale Co-Founder & CEOFounder & CEO at Blu Banyan, driving the digital transformation of the solar industry.
Co-Chair, Orange Button Workgroup - US Department of Energy Orange Button Initiative.
Member Board of Directors - SunSpec Alliance.
10+ years in the solar industry., John CheneyCo-Founder & DirectorCEO & Co-Founder, Enera Power & Silverado Power - among the largest solar developers in the US with 3GW pipeline (400mw PPAs). Sold control of the portfolio to FirTree (holding co. FTP Solar dba sPower) for $920M; led to the sale of AES/AIM Co. for $1.66B, Sriram DasCo-Founder & DirectorManaging Director at Das & Co, a New York based family office, specializing in sustainability, technology, and emerging markets.
Manages real estate fund in India investing over $200M in the last 10 years., Ben Bassett Chief Operating OfficerWith technology sales leadership for the last 15 years, Ben is an industry expert in tech sales and partnership execution. He has led channel partner initiatives at companies such as Paystand and Quantum., Matthew Kronwald Chief of StaffMatthew is the Chief of Staff at Blu Opportunity. Most recently he served as both CRO and COO for Titan Solar Power (#1 Residential Rooftop Solar Contractor in the US). Grew Titan from $300 million to $1 billion+ in 2021 and 2022.
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Business Idea
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Business Traction
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The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
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Valuation
Security Description
A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.
