Wise Power

Internet of Things Meets Energy Storage

Company Information

Website:

https://getwisepower.com/

Sector:

Energy Storage

Location:

Santa Monica, CA

Imagine if you could store energy, then use it any time to power your home and internet-connected devices. Wise Power is making this scenario possible.

It’s created a system that combines the Internet of Things with energy storage. Using patented technology, this system enables users to store energy from nearby power grids for later use. In addition, users can integrate all of their IoT devices into a single interface and monitor their usage through a computer, smartphone, or tablet.

Wise’s system lowers electricity bills and reduces environmental impact from energy demand and consumption.

Wise created a prototype of its system in 2009 and has since been awarded multiple patents. Most recently, in 2018, the company began seeking distributors to sell and install its systems nationwide.

Team Background

Kevin Williams - Founder & CEO

Co-Investors

Raising
$1.07 million
Committed
$61.43K (6%)
Current Valuation
$10 million Cap / 10% Discount
Min. Investment
$100
Deal Type
Title III
(For all investors)
Offering Type
Convertible Debt
Finance History
Notable Investors
Learn more on Start Engine