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Security Type
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Common Stock
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Categories
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Consumer Goods & Products
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Min Investment
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$119
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Offering Date
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April 27, 2022
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Expected Close Date
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August 25, 2022
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Target Raise
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$10.00K-$1.07M
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No. Investors
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103
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Security Price
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$2.38
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Valuation
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$14,300,000
- Number of Employees
- 5
- Cash
- $9
- Revenue
- $0
- Short Term Debt
- $84,409
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $-137,469
Company Description
Lightning Clean is a hardware startup that is developing Lightning One, an all-in-one washing machine unit. Capable of a 10-minute wash cycle and 20-minute drying cycle, Lightning One utilizes cutting-edge technology and a compact design to better fit the needs of modern homeowners. Lightning Clean is pre-revenue and in the prototype phase of development.
Perks
StartEngine OWNERS Exclusive Click here to learn more
$119+ Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
Early Bird Bonus
Invest within the first 14 days and receive 11% bonus shares.
6
days
8
hours
8
mins
24
secs
$500+ Investment
Tier 1 | $500+ Invest $500+ and receive 5% bonus shares and 5% off Lightning One machine for life.
$1,000+ Investment
Tier 2 | $1000+ Invest $1,000+ and receive 11% bonus shares and 11% off Lightning One machine for life.
$2,500+ Investment
Tier 3 | $2,500+ Invest $2,500+ and receive 16% bonus shares and 12% off ALL Lightning Clean Products for life.
$5,000+ Investment
Tier 4 | $5,000+ Invest $5,000+ and receive 21% bonus shares and 16% off ALL Lightning Clean Products for Life and a call with the CEO and other LC management.
$10,000+ Investment
Tier 5 | $10,000+ Invest $10,000+ and receive 26% bonus shares and 21% off ALL Lightning Clean Products for Life and dinner with the CEO and other LC management.
Key Deal Facts
Lightning One separates itself from its competitors by using cutting-edge “Detergent Osmosis” and high-torque technology to penetrate the dirt in your laundry and thoroughly dry it in half the time.
The residential washing machine market was valued at $37.4 billion in 2020 and is projected to reach approximately $73 billion by 2031.*
Our team has spent more than two and a half years developing Lightning One and has recently finished the advanced stage prototype and mechanical engineering.
Management Team / Advisory Board Bios
Tiffany Ellington
Senior Marketing Manager
As Senior Marketing Manager, Tiffany works to establish Lightning Clean as an industry leader. She uses her experience marketing for local, national, and international companies to highlight all that Lightning Clean has to offer. Tiffany graduated Summa Cum Laude from Arizona State University with a Bachelor of Science in Digital Audiences. When she’s not working, Tiffany enjoys staying active, reading, and serving on the board of Kids Need to Read a national non-profit dedicated to literacy.
Robert Wagner
Senior Engineer
As Senior Mechanical Engineer, Robert Wagner has diligently worked to bring Lightning One to life. An Idaho native, he was born and raised in central Idaho near Sun Valley, and now lives in Boise, Idaho. He graduated from Boise State University in 2013 with a degree in mechanical engineering. Robert joined lightning Clean at the beginning of 2021, and enjoys being involved in work that also serves as a creative outlet. Outside of work, his hobbies include alpine sit skiing, mountain biking, playing guitar, composing music, and making people laugh. Despite being a paraplegic and having to use a wheelchair, he still lives a happy, productive life.