Joule Case

Events come back greener with patented, portable energy from Joule Case

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Security Type
Debt
Categories
Entertainment, Technology, Sustainability, Energy, Travel, Financial Services, Retail, Community & Lifestyle
Min Investment
$100
Location
Seattle, WA
Offering Date
October 27, 2021
Expected Close Date
April 30, 2023
Target Raise
$250.00K-$3.75M
No. Investors
1
Security Price
$2.04
Valuation
$34,968,000
Website
joulecase.com
Number of Employees
6
Cash
$-3,424
Revenue
$284,275
Short Term Debt
$2,134,809
Cost of Goods
$194,043
Long Term Debt
$394,249
Net Income
$-1,887,104

Company Description

Joule Case provides innovation in a largely stagnant battery market, replacing noxious generators with clean, safe, cost-efficient renewable power in the fast-growing event-power industry with music festival partners like Burning Man and Electric Daisy Carnival (EDC)

Key Deal Facts

$100M LOI signed with Insomniac Events, organizer of EDC & many of the world's largest Festivals
Patented, portable award-winning tech has already raised over $2M from angel investors
Team includes 6 successful exits & 20 patents
Massive event-power market is growing at 25% CAGR
Over $850,000 in sales since founding
LIVE Nation, CORT, & PGA are among names in the pipeline
Crowned Early-Stage Innovation of the Year & winner of Camp BizSmart
Featured in Forbes, GeekWire, & on the Discovery Channel

Use of Proceeds

  • manufacturing
  • sales
  • marketing
  • Wefunder

Management Team / Advisory Board Bios

James Wagoner, CEO + Founder
Licensed professional engineer with technical executive experience. Battery nerd on 2nd battery startup with Co-Founder Alex Livingston. First battery startup secured a $1.2B infrastructure contract in Spain.

Alex LIVINGSTON, President
An entrepreneur at heart and in spirit, Alex once built his own electric car. Has been responsible for both software and hardware top-to-bottom product development for over a decade. Battery nerd on 2nd battery startup with Co-Founder James Wagoner.

Pete Anewalt, COO
5 Successful exits. Experience in the growth from $1M to $200M. Sold companies to IBM and Lucent.
Amount Raised : $2,430,529
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Security Description

Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.

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