HEVO Inc.

Wireless EV charging: certified hardware + software commercially available today

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Security Type
CAFES
Categories
Technology, Financial Services, Transportation & Storage, Sustainability, VC-Backed
Min Investment
$100
Location
Brooklyn, NY
Offering Date
February 22, 2022
Expected Close Date
April 30, 2027
Target Raise
$50.00K-$4.42M
No. Investors
241
Security Price
$2
Website
hevo.com
Number of Employees
5
Cash
$268
Revenue
$108,430
Short Term Debt
$2,395,180
Cost of Goods
$0
Long Term Debt
$1,500,000
Net Income
$-1,098,694

Company Description

HEVO is building the global wireless charging standard for electric vehicles—providing users with a simple charging experience and a complete, integrated EV transportation app.

Key Deal Facts

Wireless EV charging system meeting UL and SAE standards
Tier 1 agreement paves way for software installation on thousands of EVs
Robust IP portfolio featuring 21 patent families
Successful pilots with major global auto and energy companies
Efficient cost structure, significantly below all competitors
Revenue projected to exceed $500M by 2025
Amount Raised : $716,131
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Valuation

Security Description

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