Powur (Reg D)

Accelerating the adoption of sustainable energy

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Technology, Infrastructure, Community & Lifestyle
Carlsbad, CA
Expected Close Date
April 30, 2022
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Key Deal Facts

First 100% virtual, residential solar company in the cloud.
1,103% Y-O-Y Revenue Growth in 2020.
$101M in Revenue in 2020.
2021 forecast is $206 million in revenue.
Over 4,600 active independent solar sales consultants.
120+ solar installers using our platform servicing 14 states.
Our Revenue-to-capital investment ratio is 57x.
Our revenue per employee was $1.12 million in 2020

Management Team / Advisory Board Bios

Jonathan Budd Founder & Chief Executive OfficerJonathan is committed to “creating a world that works for all life“ and to leaving a better world than we found for future generations. He fulfills this mission in his daily life and through the leadership of several game-changing organizations., Bobby Smith VP of SalesBobby is a recognized leader in building sales organizations & leadership development worldwide with a track record of success as an international leader in the direct sales industry & VP of a national nonprofit cancer foundation for over a decade., Jim Bunch VP of Culture & TrainingJim and his team are responsible for building a "powurful" mission-driven culture for key stakeholders: employees, solar consultants, installers, and homeowners., Dean Rosenberg Chief Operating OfficerDean has been creating and growing companies for 30 years, with a focus on using technology to disrupt and innovate. He is responsible for managing the operations infrastructure that will scale Powur into a global sustainable solutions brand., Nick Phillips President - Corporate OperationsNick is an angel investor and technology executive with experience in the renewables, consumer electronics, and medical device industries in the public and private domains. He is passionate about building great companies., Paul Walker Chief Technology OfficerPaul founded EyeCue with his partner Rick with an understanding of how great software platforms should be developed. EyeCue is now a team of about 25 employees that create beautiful software., Michael Lindmark Chief Financial OfficerLeading the expansion of the company’s finance and accounting infrastructure, building the high-performing team and comprehensive systems and processes necessary to support the massive growth Powur has and will continue to experience., Rick Hou Chief UI/UXKey technology architect/executive in a wide array of projects including enterprise-level applications, social networks, games, and SaaS e-commerce platform. Additional experiences include iOS and Android mobile application design and development., Richard Hoskins Chairman, Board of DirectorsRick has been a private equity investor for 30 years. He has personally invested in several solar companies and served on the boards of Skyfuel Inc., YouSolar Inc., and Powur PBC., Matt Gordon Director of Systems AdministrationMatt has been working in the solar industry for the last eight years in sales and operations. He has spent his career improving the performance and work experience of solar workers in both sales and project management., Akira Chan Director of MediaAkira is an award-winning documentary filmmaker, with over 7 years of video and film work focused on social, environmental, and transformational stories. He has worked on brand campaigns and docuseries with Fortune 500 companies., Noah Baieve Information Technology DirectorNoah has built high-performing IT teams for companies from small start-ups through large global corporations. He is responsible for the technical systems and processes behind Powur., Kevin Smoker Director of Customer ExperienceKevin is responsible for creating and implementing a world-class customer experience. He works to assure every Powur customer is treated like friends and family and our support systems are engineered to do the same., Fred Walkover Sr. Director of Installer ServicesField service executive focused on scaling installation and service network partners & support teams to deliver superior performance and customer delight across multiple industries to include Solar, Telecommunications, and Consumer Repair Services., Beth Robinson Director of Administration and Customer SupportBeth is responsible for managing Powur's administrative operations and our world-class customer support experience., Paul J Kitchen Director of Software DevelopmentWith over 20 years of technical experience, Paul has architected and developed core systems for several start-ups, fortune 500 companies, as well as government agencies in a number of different industries., Raichail McDonald Director of Operations & Sales PersonnelRaichail oversees Powur operations and sales personnel. Raichail comes from years of experience in the solar industry and is here to ensure the success of all sales consultants, operations staff, and sales support staff., Travis Monson Sr. Director of OperationsTravis leads our operations team. He is a solar operation professional with an entrepreneurial mindset. He has run operations all over the US and Puerto Rico. Before coming to Powur, he built one of the nation's largest EPCs in just under five years., Maria Deguzman Director of Human ResourcesMaria guides the Human Resources operations of the company helping ensure legal compliance and implementation of the organizations mission and talent strategy., Matthew Britt Business Development ManagerMatthew leads business development at Powur. He excels at networking, building relationships, creating strong partnerships, and helping our installation partners truly buy into the Powur Mission and Vision., Leonardo Arias Marketing ManagerLeo is responsible for managing the marketing initiatives that serve our key stakeholders: solar consultants, installers, and homeowners.
Amount Raised : $4,370,926
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