# Powur Investor Update | Powur

- Canonical URL: https://wefunder.com/feed/145982
- Entity ID: wefunder:feed_item:145982
- Published at: 2021-06-16 23:18:44 UTC
- Updated at: 2025-07-09 03:20:24 UTC

## Author
Jonathan Budd

## Subject
Powur

## Content
Good Evening Shareholders!&nbsp;We've got some exciting updates to share with our original investors from our 2017 WeFunder campaign.&nbsp;1) We have decided to do what we believe is the final crowdfund round before we intend to file for our IPO over the next 24-36 months.&nbsp; This is a great time for any investors who've followed the progress of the company to add to their current positions.&nbsp; You can view and invest in the new WeFunder campaign here.&nbsp;2) We are excited to announce a new addition to the Powur Board of Directors!&nbsp; Paul Winnowski who is the former President and Chief operating officer of Sunrun will be joining the Powur board.&nbsp; Under Paul's tenure, he helped grow Sunrun into the largest residential solar company in the world.&nbsp; In addition to joining the board, Paul is also the lead investor in the current financing round.&nbsp; We are extremely excited to have his expertise and wisdom coming to Powur as we are in our rapid growth phase.&nbsp;Learn more about Paul joining the company and the opportunity behind the current investment round here.&nbsp; Watch Powur Investor Presentation&nbsp;3) While we can't discuss the exact details of the current offering outside of the new WeFunder Page, it is exciting to announce that all of our original 2017 investors are looking at a multiple greater than 40x from the last round.&nbsp; This is really exciting, as the changes we've made over the last 3 years and our skyrocketing growth have made us a far more valuable company, with an extremely bright future ahead of us.&nbsp;&nbsp;I truly feel deep appreciation for every single person who believed in us, and supported us in reaching the huge milestones we've achieved.&nbsp; Without our original investors we would not have been able to make it this far.&nbsp; You have truly made a difference with your capital.&nbsp;From the 4,600 consultants who are providing for their families being on our platform, to the THOUSANDS of workers at the hundreds of solar companies who install all our projects, to the hundreds of people working at all the supply chain companies we support, and the 120+ powur employees... on behalf of all of us we thank you for your belief and support in a clean energy future.&nbsp;We are accelerating sustainable energy adoption, and we are just getting started!To the Top,&nbsp;Jonathan BuddPowur Founder / CEO&nbsp;