Hoplite Power

The “Citi Bike” of Smartphone Charging

Company Information

Website:

https://www.hoplitepower.com/

Sector:

Mobile Software & Services

Location:

Long Island, NY

Hoplite Power has built an on-demand smartphone charging network. This network is geared toward sports stadiums, large venues, and events.

The company has been referred to as the “Citi Bike” of smartphone charging, which refers to the bike sharing company that has more than 100,000 members.

The company designs, manufactures, and operates autonomous vending kiosks called Hoplite Hubs. These kiosks distribute universal, external smartphone chargers known as “hoplites.”

Hoplites are rented directly from Hoplite Hubs and are compatible with most iPhone and Android devices. Once the user charges their phone, they return the hoplite to any hub station.

Hoplite Power launched its original pilot program in New York City in early 2017, featuring 16 first-generation Hoplite Hubs. In July 2019, the company launched an additional pilot program using five kiosks at Citi Field, home of the New York Mets.

Hopelite Power is already generating revenues, and plans to introduce an advertising-based business model to bring in additional revenue streams in early 2020.

Team Background

Nikolas Schreiber - Co-Founder & CTO
Jordan Mayerson - Co-Founder & CEO
Raising
$107K
Committed
$15K (14%)
Current Valuation
$6 million Cap / 20% Discount
Min. Investment
$100
Deal Type
Title III
(For all investors)
Offering Type
Convertible Debt
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