{"data":{"type":"company_profile","id":5996,"entity_id":"wefunder:company:5996","attributes":{"canonical_url":"https://wefunder.com/hevo","generated_at":"2026-06-08T03:13:04Z","updated_at":"2026-06-08T02:50:33Z","entity_ids":{"company":"wefunder:company:5996","slug":"wefunder:company_slug:hevo"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-08T03:13:04Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-08T02:50:33Z","as_of":"2026-06-08T03:13:04Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-08T02:50:33Z","as_of":"2026-06-08T03:13:04Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2026-05-11T21:30:16Z","as_of":"2026-06-08T03:13:04Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2026-05-11T21:30:16Z","as_of":"2026-06-08T03:13:04Z","confidence":"medium"}}},"company":{"id":5996,"entity_id":"wefunder:company:5996","slug":"hevo","name":"HEVO","tagline":"Wireless charging infrastructure to power our EV future","elevator_pitch":"HEVO is supplies wireless charging hardware and end-to-end EV charging software that significantly improves the user experience for drivers, fleet operators, charging hosts, and local communities.","description":"HEVO offers a wireless charging network for electric vehicles, specifically to commercial, municipal, and military fleets, to reduce transportation costs, streamline fleet operations, and resolve the inconvenience and hazards of plug-in stations. Let us tell you about our customers and distribution pipelines and why HEVO will lead this burgeoning market.","story":"See Kingscrowd’s Investment Memo on HEVO here.Dear Investor,I founded HEVO in 2011 after returning from combat deployment in Iraq, where I witnessed firsthand the geopolitical consequences of our global reliance on fossil fuels. Upon returning, I realized electric vehicles as a critical technology to solving that reliance, and identified EV charging as a critical barrier to EV adoption. For all the innovation in electric vehicles, we're still charging them with a technology concept that hasn't fundamentally changed in over a century - plugging in a cable. It's inconvenient, often unreliable, and incompatible with the future of autonomous vehicles.So we built a better way.HEVO has developed wireless charging technology that transforms the EV experience into something as simple as parking your car. No cables, no plugs, no hassle. Just power flowing effortlessly from the ground to your vehicle.Today, I'm proud to share that HEVO is Advancing multiple automaker wireless charging production programs for $100M+ targeted revenues starting in 2028Targeting 7+ new EV platforms as the reference design selected by multiple global automakers Partnering with Stellantis to integrate wireless charging into their EVsIf you don’t believe EVs are the future, HEVO is probably not for you. But if you believe, as we do, that the electric future is inevitable, I invite you to take a deeper look, because this isn't just another EV charging play, it's an opportunity to invest in what we believe will be the essential infrastructure for the future of transportation. To date, we've raised nearly $18 million from VCs and over 3,700 investors who share our vision. Now, we're inviting you to join us at a pivotal moment in our journey.Sincerely,Jeremy McCoolFounder \u0026amp; CEO, HEVOU.S. Army VeteranPlug-in EV charging is a stopgap solution. The future of electric vehicles is wireless charging that’s as innovative as the vehicles themselves. HEVO has developed a revolutionary and patented wireless charging system for electric vehicles that eliminates the need for cables and plugs.Our system includes vehicle-mounted receivers and grid-connected charging pads that work together to transfer power wirelessly with efficiency comparable to traditional plug-in charging. Already selected by major global automakers for integration into multiple vehicle platforms, HEVO's technology is certified to meet both UL safety standards and SAE interoperability standards, ensuring universal compatibility across vehicle brands.HEVO delivers wireless charging that is…Cost-Competitive: On par with plug-in charging, up to 90% cheaper than wireless competitorsHigh-Efficiency: Up to 93% grid-to-battery efficiency, matching plug-in systemsAll this without cables, plugs, or manual connections.Hevo Rectifier, Polemount, Receiver, Transmitter, FOD \u0026amp; InverterOur polyphase technology (co-developed with Oak Ridge National Labs) delivers 8× more power per square meter than competitors.Competitive RFQs and RFIs with major automakers revealed we are up to 80% cheaper than our wireless charging competition based on pricing, performance, size, and weight.This means HEVO can achieve in one charging pad what would require eight pads from competitors, while maintaining cost parity with traditional plug-in systems.Future-Proof: Ready for autonomous vehicles adoption with hands-free wireless chargingBi-Directional: Turn your car into a home generator during outages or peak pricingWhile convenient for human drivers, wireless charging is essential for autonomous vehicles. Tesla's $76M acquisition of wireless charging company Wiferion confirms this critical technology need. HEVO provides the path forward for both current and future vehicles.Despite all the innovation in electric vehicles, we're still charging them with technology that hasn't fundamentally changed in a century – plugging in a cable.\"Charging anxiety\" – the constant worry about where, when, and if you'll be able to charge – is the EV owner's nightmare.This leads to several challenges:The solution isn't making better cables or more adapters.It's eliminating them entirely.HEVO has built best-in-class wireless charging technology for electric vehicles.HEVO Performs On Par with Plug-In SystemsHEVO has achieved what no competitor has:Best In Class Certifications: Dual certification with both UL 2750 and SAE J2954PACEpilot Award Winner (2022): The industry's most prestigious innovation award17 Issued Patent Families: Strong IP portfolio with 17 patent families. We have plans to potentially double our IP portfolio in less than two years.Polyphase Technology: 8x more power in the same space compared to competitors, co-developed with Oak Ridge National Labs (“ORNL”)One Square Meter of HEVO has the same power as up to 8 Square Meters of Competitor Chargers Switching from Plug-in Charging to HEVO is simpleHEVO isn't just another startup with a prototype.We’ve already partnering with Stellantis, the world’s 4th largest automaker, to integrate wireless charging into Stellantis EVs.We are also advancing multiple automaker wireless charging production programs for $100M+ targeted revenue starting in 2028 (not guaranteed). We can’t tell you the automaker names just yet, but we’re pretty sure you’ve heard of them. Let’s call them OEM 1 and OEM 2.OEM 1Agreement signed as preferred developer and supplier of EV chargingPursuing wireless electric vehicle charging for 4 EV platformsOEM 2Pursuing wireless electric vehicle charging for 3 EV Platforms and selected as preferred developer for this programWith just these two potential customers, we have a production target of 75k-100k units/year, with a potential revenue of $100M+/year (not guaranteed). And that’s just the start.By 2030, EVs are expected to make up over 40% of global car sales (source), with the market projected to reach $2.5 trillion by 2034 (source).The global EV charging station market is projected to grow from approximately $21.8 billion in 2025 to over $414 billion by 2033, reflecting a staggering CAGR of 44.5% (source).Forward-looking projections cannot be guaranteed.But there’s a bigger story here.We don’t see a world where autonomous vehicles are not the norm.Once the autonomous vehicle technology is fully deployed, there’s no reason for people to be driving themselves.But autonomous vehicles can’t plug themselves in. You need people for that.The solution?Wireless charging, of course.In fact, Tesla’s acquisition of wireless charging company, Wiferion, for a reported $76M in 2023, indicates they are preparing for this future.And while Tesla is preparing to vertically commercialize their wireless EV charging for their cars and autonomous EVs, HEVO’s technology is being targeted and selected by the other automakers.Our vision is to be the universal solution for all other automakers, providing best-in-class performance, price, size, and weight.After being forced by market pressures to adopt Tesla's proprietary charging standards for plug-in charging, other major automakers are looking for an independent solution.We believe that solution is HEVO. HEVO has a dual revenue approach that combines immediate hardware sales with recurring high-margin software revenue:Rezonant™ Hardware: Factory-installed in new EVs and charging infrastructure. The charging infrastructure can be offered:Directly by the automaker as package with the vehicleThrough their dealership networkThird party distributorsDirectly through HEVOJourney™ Software: SaaS platform with recurring revenue for charging networks, user experience, and fleet managementFleet yards and public charging stations: Subscription for operations and payment managementHome charging: Bi-directional charging with grid management and advanced featuresFuture revenue streams: Subscription payments for public charging instead of pay-as-you-go, advertising at charging stations, and moreThis creates a powerful flywheel effectBuilding transformative infrastructure for the automotive industry requires visionary leadership and deep industry expertise.HEVO has assembled a team with over 100 years of combined automotive experience, including executives who've successfully exited EV charging companies, and automotive leaders from Tesla, GM, Ford, Rivian, and BMW. We believe our team has both the technical knowledge and industry relationships critical for bringing wireless charging to market at scale.At HEVO, we’re not just building wireless electric charging, we believe we’re building the essential infrastructure that will power the global EV future. We building a company to provide charging hardware and software that enables EV wireless power at home, in parking lots, and ultimately, on the open road, where you can dynamically charge while driving without ever having to stop and charge, we have a bold vision for HEVO.We want you to be part of the journey and help us build the future.Your Investment Goes Directly To:Securing production agreements with major automakersAdvancing the next stages of HEVO Rezonant™ developments for faster power generationGrowing HEVO Journey™ software platformScaling our wireless charging infrastructure for early adopter fleetsFrom electric vehicle adoption, to autonomous technology, to renewable energy integration, we believe a wireless charging company being built today will come to dominate this market.We believe that we have the team, the technology, and the drive to win.We invite you to join us as we build the wireless infrastructure that will power the future of transportation.Join us as an investor.","location":"Brooklyn, NY","website":"https://www.hevo.com","total_amount_raised":1907207,"total_investors":1911,"is_funded":false,"is_active":true,"quality_score":5,"related_urls":["https://wefunder.com/hevo","https://www.hevo.com"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/custom_card_photo/5996/xxl_HEVO_1765562413332.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/5996/large_blob.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/5996/standard_cropped_2553-1637058266-f07d14a7f049ac7344f6bba2e76ce38928339fe4_.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/custom_card_photo/5996/large_HEVO_1765562413332.jpg"},"links":{"company_url":"https://www.hevo.com","linkedin_url":"https://linkedin.com/company/hevo-inc-","twitter_url":"https://x.com/hevopower","facebook_url":"https://www.facebook.com/HEVOinc/","instagram_url":"https://www.instagram.com/hevopower/"},"highlights":[{"id":62781,"name":"venture_backed","url":"venturebacked","presentable_name":"VC-Backed","description":"Raised $250K or more from a venture firm","image_url":"https://uploads.wefunder.com/2021/profile-highlights-check.svg"},{"id":75541,"name":"investment_memo","url":"investmentmemo","presentable_name":"Investment Memo","description":"An investor has written an Investment Memo","image_url":"https://uploads.wefunder.com/2021/profile-highlights-pencil.svg"}],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"Partnering with Stellantis: Developing wireless charging products to integrate with Stellantis EV"},{"index":2,"claim_id":"claim-fact-2","value":"More Major Automakers Onboard: HEVO chosen as reference design for multiple new EV platforms"},{"index":3,"claim_id":"claim-fact-3","value":"Backed by Leading Auto Investors: Ulu Ventures, VoLo Earth Ventures and the Dream Fund."},{"index":4,"claim_id":"claim-fact-4","value":"Team with multiple exits in EV space and leadership experience at Tesla, Rivian, BMW, Ford, and GM."},{"index":5,"claim_id":"claim-fact-5","value":"Partnered with STEER Tech to develop a wireless autonomous charging solution"},{"index":6,"claim_id":"claim-fact-6","value":"Strong IP portfolio with 17 patent families"},{"index":7,"claim_id":"claim-fact-7","value":"EV Charging Market Growing 45.5% per year, expected to hit $414B by 2033, from $21.8B today"},{"index":8,"claim_id":"claim-fact-8","value":"$18M+ raised, including $4M+ from 3,700 investors in previous crowdfunding raises"}],"team":[{"id":17252,"entity_id":"wefunder:company_role:17252","user_entity_id":"wefunder:user:2751664","role":"founder","name":"Jeremy McCool","title":"CEO and Chairman","bio":"Jeremy founded HEVO to reduce fossil fuel dependence by accelerating EV adoption. Under his leadership, HEVO achieved UL and SAE certifications, secured automaker agreements and ~$19M in investment. He is a Columbia SIPA grad and a US Army combat veteran.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/17252/square_avatar.jpg?1770650499","profile_url":"https://wefunder.com/jeremy.mccool","personal_url":"https://www.linkedin.com/in/jeremy-mccool-3b846033","linkedin_url":"https://www.linkedin.com/in/jeremy-mccool-3b846033/","twitter_url":"https://x.com/x.com/jeremyrmccool","related_urls":["https://wefunder.com/jeremy.mccool","https://www.linkedin.com/in/jeremy-mccool-3b846033"]},{"id":5604720,"entity_id":"wefunder:company_role:5604720","role":"employee","name":"Jon Holland","title":"Finance and Operations","bio":"Jon led two successful exits before joining HEVO, serving as CFO at Qmerit and EV Connect, both acquired by Schneider Electric. At Qmerit, he managed turnkey home EV charger installations for 80% of global car manufacturers.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5604720/square_avatar.jpg?1770650499","linkedin_url":"https://linkedin.com/in/jondholland/","related_urls":[]},{"id":5604733,"entity_id":"wefunder:company_role:5604733","user_entity_id":"wefunder:user:2878854","role":"employee","name":"Robert Skinner","title":"Commercial and Marketing","bio":"Bob served as VP of Digital Services and Marketing Technologies for FordDirect, delivering digital marketing solutions to Ford and Lincoln dealers. He pioneered cross-tier, cross-product strategies, launched AI-driven audience delivery to 2000+ dealers.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5604733/square_avatar.jpg?1770650499","profile_url":"https://wefunder.com/robertskinner","personal_url":"http://futurenowserv.com","linkedin_url":"https://linkedin.com/in/skinnerschoice/","related_urls":["https://wefunder.com/robertskinner","http://futurenowserv.com"]},{"id":5604745,"entity_id":"wefunder:company_role:5604745","role":"employee","name":"Umer Anwer","title":"Chief Technologist","bio":"Umer has led power engineering at HEVO since 2016, bringing over 25 years of experience. He has delivered UL-certified next-generation wireless charging platforms and mission-critical energy storage systems around the world.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5604745/square_avatar.jpg?1770650499","linkedin_url":"https://linkedin.com/in/umeranwer/","related_urls":[]},{"id":5604791,"entity_id":"wefunder:company_role:5604791","role":"employee","name":"Arvind Krishna","title":"SVP Advanced Engineering","bio":"Arvind leads the design of innovative products like polyphase coil topologies for HEVO. He developed next-gen solar microinverters at Enphase Energy and led global mechanical engineering design for automotive electronics at Delphi.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5604791/square_avatar.jpg?1770650499","linkedin_url":"https://linkedin.com/in/arvind-krishna-05827b6/","related_urls":[]},{"id":5604793,"entity_id":"wefunder:company_role:5604793","role":"employee","name":"Hakim Tlemsani","title":"Commercial and Infotainment","bio":"Hakim supports HEVO's European commercial relationships, fundraising, and growth planning. Prior to HEVO, he expanded market share with PSA and FCA, secured an €800M radar business with Renault/Nissan, and delivered industry-firsts like the V2G gateway.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5604793/square_avatar.jpg?1770650499","linkedin_url":"https://linkedin.com/in/hakim-tlemsani/","related_urls":[]},{"id":5604794,"entity_id":"wefunder:company_role:5604794","role":"employee","name":"Roger Atkins","title":"Board of Advisors","bio":"Roger joined HEVO in August 2023, supporting PR strategy, commercial relationships, fundraising, and growth planning. With over 300,000 LinkedIn followers, he is a leading EV influencer. Previously, he held leadership roles at Audi and Ricardo.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5604794/square_avatar.jpg?1770650499","linkedin_url":"https://linkedin.com/in/rogeratkins/","related_urls":[]},{"id":5604795,"entity_id":"wefunder:company_role:5604795","role":"employee","name":"Robert Remenar","title":"Finance and Commercialization","bio":"Robert supports fundraising, commercial relationships, strategic planning, and growth. Robert has held top executive positions at General Motors, Delphi, Chassix, and Nexteer, and champions automotive SPACs with Kensington.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5604795/square_avatar.jpg?1770650499","linkedin_url":"https://linkedin.com/in/robert-j-remenar-b66b0a22/","related_urls":[]},{"id":5604832,"entity_id":"wefunder:company_role:5604832","user_entity_id":"wefunder:user:1105046","role":"employee","name":"Yifan Tang","title":"Board of Directors","bio":"Yifan Tang, an EV industry technologist, led development at Tesla, Lucid Motors, Seres EV, and Volta Charging. He holds over 100 US patents, founded Paly Ventures, and has a Ph.D. in Electrical Engineering from The Ohio State University.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5604832/square_avatar.jpg?1770650499","profile_url":"https://wefunder.com/yifantang","personal_url":"","linkedin_url":"https://linkedin.com/in/yifantang/","related_urls":["https://wefunder.com/yifantang",""]},{"id":5604851,"entity_id":"wefunder:company_role:5604851","role":"employee","name":"Jesse Schneider","title":"Commercial and Global Standards","bio":"Jesse supports HEVO's commercial relationships and SAE J2954 wireless EV charging standards. He has extensive experience in EVs and hydrogen fuel cell drivetrains, previously led PHEV developments at BMW, and currently leads the SAE J2954 task force.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5604851/square_avatar.jpg?1770650499","linkedin_url":"https://linkedin.com/in/jesseschneider/","related_urls":[]}],"featured_investors":[{"id":12099,"entity_id":"wefunder:company_investor_profile:12099","investor_profile_id":3878463,"investor_profile_entity_id":"wefunder:investor_profile:3878463","subject_entity_id":"wefunder:notable_investor:12685","name":"Kingscrowd Capital","role_title":"","bio":"Kingscrowd Capital is the first Data-Driven Fund in the Online Private Market.","avatar_url":"https://wefunder.com/rails/active_storage/blobs/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MTQ2OTAsInB1ciI6ImJsb2JfaWQifX0=--dacedb40a396840ff4e386dccd425cea223bd1c0/filename","profile_url":"https://wefunder.com/kingscrowd.capital.3","endorsement_quote":"HEVO is defining a new category in EV infrastructure by delivering a wireless charging platform that is cost-competitive with plug-in systems while offering vastly improved convenience and integration. With executed agreements in place with two of the world’s largest automakers, HEVO is positioned to become the embedded wireless charging standard across as many as seven new electric vehicle platforms between 2027 and 2029.","endorsement_name":"","investment_total":20000,"investment_info":"Invested $20,000 this round","is_lead_investor":false,"memo_url":"https://wefunder.com/feed/184516-hevo-investment-memo","memo_paid_for_by_company":false,"related_urls":["https://wefunder.com/kingscrowd.capital.3","https://wefunder.com/feed/184516-hevo-investment-memo"]},{"id":11317,"entity_id":"wefunder:company_investor_profile:11317","investor_profile_id":4213515,"investor_profile_entity_id":"wefunder:investor_profile:4213515","subject_entity_id":"wefunder:notable_investor:15011","name":"Dream Machine Innovation Lab","role_title":"Founder","bio":"Dream Machine Innovation Lab is a non-profit organization that builds networks that change the world. By uniting leaders with divergent points of view and championing high technology in our communities.","avatar_url":"https://wefunder.com/rails/active_storage/blobs/redirect/eyJfcmFpbHMiOnsiZGF0YSI6NDEyNTQ5LCJwdXIiOiJibG9iX2lkIn19--28c407c71ec58732e7341d04af86558f39f96a20/filename","profile_url":"https://wefunder.com/dream.machine.innovation.lab","endorsement_quote":"Investing in HEVO is about more than just technology; it's about embracing a future with clean energy solutions that work for everyone. Their innovative approach to wireless charging is making it easier for grassroots communities to enjoy a better tomorrow— with less pollution and more options for getting around. Together, we can transform the way we power our lives.","endorsement_name":"Van Jones","is_lead_investor":false,"memo_paid_for_by_company":false,"related_urls":["https://wefunder.com/dream.machine.innovation.lab"]},{"id":11331,"entity_id":"wefunder:company_investor_profile:11331","investor_profile_id":4213533,"investor_profile_entity_id":"wefunder:investor_profile:4213533","subject_entity_id":"wefunder:notable_investor:15012","name":"Matthew Donegan-Ryan","role_title":"","bio":"Pioneering event industry entrepreneur since 2005. Led CrowdCompass and Thriva to successful acquisitions. Advisor to Attendify, Eventbrite, Social Tables, and others. Founded Swapcard's US entity, growing revenue from $0 to $5M in year 1.","avatar_url":"https://wefunder.com/rails/active_storage/blobs/redirect/eyJfcmFpbHMiOnsiZGF0YSI6NDEyOTMzLCJwdXIiOiJibG9iX2lkIn19--3be5d4cdcd092fa24c7669dc56c96fb869f90e67/filename","profile_url":"https://wefunder.com/matthew.doneganryan","endorsement_quote":"Tesla’s decision to go all-in on wireless charging for the Cybercab is like when Apple ditched the wired headphone port for good. It’s a signal: wireless is the future for EV charging, and every company other than Tesla is going to need a partner like HEVO to charge their vehicles. After reviewing other startups, I chose to invest in HEVO due to the team and the tech.","endorsement_name":"","is_lead_investor":false,"memo_paid_for_by_company":false,"related_urls":["https://wefunder.com/matthew.doneganryan"]},{"id":11316,"entity_id":"wefunder:company_investor_profile:11316","investor_profile_id":4213506,"investor_profile_entity_id":"wefunder:investor_profile:4213506","subject_entity_id":"wefunder:notable_investor:15009","name":"VoLo ","role_title":"Co-Founder \u0026 Managing Partner at VoLo Earth Ventures","bio":"VoLo Earth provides first-in funding and hands-on leadership to companies that are unlocking an economic-led transformation of the rapidly-evolving global energy economy.","avatar_url":"https://wefunder.com/rails/active_storage/blobs/redirect/eyJfcmFpbHMiOnsiZGF0YSI6NDEyMjM5LCJwdXIiOiJibG9iX2lkIn19--dfe0dfa378f097ef22a10f1f453effc362055a24/filename","profile_url":"https://wefunder.com/volo.","endorsement_quote":"https://www.voloearth.com/","endorsement_name":"Joseph Goodman","is_lead_investor":false,"memo_paid_for_by_company":false,"related_urls":["https://wefunder.com/volo."]},{"id":12403,"entity_id":"wefunder:company_investor_profile:12403","investor_profile_id":2230956,"investor_profile_entity_id":"wefunder:investor_profile:2230956","subject_entity_id":"wefunder:user:2762771","name":"Ramesh Gadila","role_title":"","bio":"Deep Tech Investor \u0026amp; Innovation-Driven Technologist","avatar_url":"https://wefunder.com/rails/active_storage/blobs/redirect/eyJfcmFpbHMiOnsiZGF0YSI6NDQ0Mzk5LCJwdXIiOiJibG9iX2lkIn19--770d43e61b40b7e0b2bfa8e117929c576703a315/filename","profile_url":"https://wefunder.com/ramesh.kumar.gadila","endorsement_quote":"As a tech professional and early-stage investor, I look for bold ideas that have the potential to reshape industries and create a better world. HEVO is doing both—at the intersection of innovation and sustainability. Their wireless EV charging technology isn’t just innovative—it’s inevitable. With a working product, strategic partnerships, and a clear path to scale, HEVO is building the invisible infrastructure for the electric, autonomous, and sustainable future of mobility. They’ve also built a strong foundation of intellectual property, with over a dozen patents in wireless charging—protecting their position in a space with few direct competitors and enormous long-term potential. What truly sets them apart is the team: visionary yet execution-focused. HEVO’s leadership is transparent, mission-driven, accessible, and deeply committed to delivering—not just promising. We’re at an inflection point in the future of mobility. Clean, green, and intelligent energy solutions are no longer optional—they’re essential. HEVO is solving a challenge the world hasn’t fully grasped yet—but soon will. That’s why I’ve backed HEVO again as lead investor in this round. If you believe, like I do, that real change begins with early conviction—join me. Let’s invest in a future that’s cleaner, smarter, and already taking shape.","endorsement_name":"","investment_total":508000,"investment_info":"Invested $250,000 this round \u0026 $258,000 previously","is_lead_investor":true,"related_urls":["https://wefunder.com/ramesh.kumar.gadila"]},{"id":11315,"entity_id":"wefunder:company_investor_profile:11315","investor_profile_id":4213510,"investor_profile_entity_id":"wefunder:investor_profile:4213510","subject_entity_id":"wefunder:notable_investor:15010","name":"Ulu Ventures","role_title":"CEO, Co-Founder and Managing Director Ulu Ventures","bio":"Ulu Ventures is a top seed stage venture fund in Silicon Valley focused on innovation across enterprise, fintech, consumer, health, and sustainability. Ulu generates great financial results using a disciplined, repeatable decision-making process.","avatar_url":"https://wefunder.com/rails/active_storage/blobs/redirect/eyJfcmFpbHMiOnsiZGF0YSI6NDEyMjQwLCJwdXIiOiJibG9iX2lkIn19--48a6bee6ae9d3219f918ddd8d10bbb1e558a8937/filename","profile_url":"https://wefunder.com/ulu.ventures.2","endorsement_quote":"https://uluventures.com/","endorsement_name":"Miriam Riviera","is_lead_investor":false,"memo_paid_for_by_company":false,"related_urls":["https://wefunder.com/ulu.ventures.2"]}],"investor_memos":[{"investor_name":"Kingscrowd Capital","investor_entity_id":"wefunder:notable_investor:12685","memo_url":"https://wefunder.com/feed/184516-hevo-investment-memo","paid_for_by_company":false,"claim_id":"claim-investor-memo-1","entity_id":"wefunder:investor_memo:https-wefunder-com-feed-184516-hevo-investment-memo"}],"tab_counts":{"posts":1,"ask_questions":78,"featured_investors":6,"faq_entries":5},"active_fundraises":[{"id":149236,"entity_id":"wefunder:fundraise:149236","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":4420892.0,"minimum_target":"50000.0","maximum_target":"4420892.0"},{"id":131465,"entity_id":"wefunder:fundraise:131465","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":5000000.0,"minimum_target":"50000.0","maximum_target":"5000000.0"},{"id":149235,"entity_id":"wefunder:fundraise:149235","state":"open","offering_type":"4(a)(6)","funding_type":"note","structure":"equity","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":50000.0,"minimum_target":"50000.0","maximum_target":"4420892.0","funding_started_at":"2025-10-07T23:10:15Z","funding_closed_at":"2026-09-01T03:59:59Z"},{"id":131464,"entity_id":"wefunder:fundraise:131464","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"equity","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":50000.0,"minimum_target":"50000.0","maximum_target":"5000000.0","funding_started_at":"2025-07-07T21:03:27Z","funding_closed_at":"2025-08-16T03:59:59Z","auto_close_at":"2025-08-16T03:59:59Z"},{"id":69193,"entity_id":"wefunder:fundraise:69193","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"equity","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":50000.0,"funding_started_at":"2022-09-23T17:55:59Z"},{"id":69192,"entity_id":"wefunder:fundraise:69192","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":50000.0,"funding_started_at":"2022-09-23T15:17:37Z","funding_closed_at":"2023-05-01T04:15:37Z","auto_close_at":"2023-05-01T03:59:59Z"}],"latest_fundraise":{"id":149236,"entity_id":"wefunder:fundraise:149236","state":"successful","offering_type":"4(a)(6)","structure":"ttw","testing_the_waters":true,"can_invest_now":false,"funding_started_at":null,"funding_closed_at":null,"terms":{"eb":null,"nb":"$60M","txt":"pre-money valuation"}},"recent_posts":[{"id":183341,"entity_id":"wefunder:feed_item:183341","type":"FeedItem::Update","visibility":"public","title":"Mythbusters: EV Wireless Charging Edition: Speed, Efficiency, and Cost","preview":"Dear HEVO Community,Let's cut through the noise. As wireless EV charging surges into the mainstream, a lot of outdated myths are still floating around. For anyone looking to invest in the future of EV infrastructure, understanding these truths is critical.MYTH #1: Wireless charging is a snail's pace slow. This is old news. HEVO’s wireless charging technology delivers speeds that are absolutely ON PAR with traditional plug-in Level 2 and even the mighty DC Fast Charging systems.Home \u0026 Workplac...","published_at":"2025-06-30T15:56:45Z","author_name":"Alex Portera","url":"/feed/183341","canonical_url":"https://wefunder.com/feed/183341"}],"q_and_a":[{"id":224140,"entity_id":"wefunder:comment:224140","question":"What are the charging speeds supported by wireless chargers ? Can you please provide speeds for at home or at super chargers? For example Tesla wall charger at home charges around 45 miles per hour and Super charger charges between 500 to 1000 miles per hour depending on where the battery charge at. If battery charge is at lower percentage , charging speed is higher.","author_name":"Visali Muppala","votes":6,"created_at":"2022-10-29T09:29:47Z","canonical_url":"https://wefunder.com/hevo#question-224140","answers":[{"id":224303,"entity_id":"wefunder:comment:224303","answer":"Hi Visali, thank you for your question! Wireless chargers can support power transfers at Level 1 through Level 3 charging speeds - same as plugin chargers! HEVO currently sells Level 2 chargers, which would have comparable charging speeds and grid-to-battery charging efficiencies as the Tesla wall charger you mentioned. HEVO is developing and testing higher powered chargers, including those that support dynamic charging. We are excited to bring those products to the market soon!","author_name":"Thomas Armstrong","votes":2,"created_at":"2022-10-31T16:08:03Z"},{"id":325006,"entity_id":"wefunder:comment:325006","answer":"Thank you for the question. Our core product for home charging is 11kW with bi-directional capabilities.","author_name":"Jeremy McCool","votes":0,"created_at":"2026-02-11T18:01:06Z"}]},{"id":224483,"entity_id":"wefunder:comment:224483","question":"Why are your projections different from your previous raise in republic? What has affected them?","author_name":"Kevin Joel Rivera Calderon","votes":5,"created_at":"2022-11-02T05:52:39Z","canonical_url":"https://wefunder.com/hevo#question-224483","answers":[{"id":224518,"entity_id":"wefunder:comment:224518","answer":"Hi Kevin, thanks for following HEVO since our Republic campaign! We regularly update our financial model, incorporating feedback from our internal team, Board, and external advisors. Expected revenues were primarily impacted by when we believe we can start expanding manufacturing from small batch production in Brooklyn to high volume production in a new facility. Please reply here if you'd like any further details!","author_name":"Thomas Armstrong","votes":1,"created_at":"2022-11-02T13:31:43Z"}]},{"id":220501,"entity_id":"wefunder:comment:220501","question":"Good Afternoon, I invested on Republic and am excited to have a chance to increase my investment on Wefunder. I have a couple questions in regards to the tech licensing with ORNL. I read above that this is an exclusive commercialization license. I saw UPS and VW have partnerships with ORNL for wireless EV charging. Is this the same technology that is licensed to HEVO? Can companies like VW, Hyundai, UPS etc use the tech from ORNL for their own vehicles? Or do these companies have to go contract through HEVO to manufacturer? Lastly, does the licensing agreement have a term length? I apologize in advance if my questions are redundant, I have little knowledge with licensing deals. I appreciate your time. I hope you have a great rest of the week.","author_name":"Kyle Garguilo","votes":5,"created_at":"2022-09-29T17:55:40Z","canonical_url":"https://wefunder.com/hevo#question-220501","answers":[{"id":220515,"entity_id":"wefunder:comment:220515","answer":"Hi Kyle, thanks for your questions and previous support. We appreciate you! Some of the details are confidential but our license and partnership is focused on preparing the technology for commercialization and manufacturing. It is the same technology being used for the UPS and VW projects. We don't know the details of those agreements, but ORNL has a variety of partnerships where they work with outside entities e.g. https://www.ornl.gov/sponsored-research","author_name":"Sameer Rashid","votes":1,"created_at":"2022-09-29T19:24:35Z"}]},{"id":224228,"entity_id":"wefunder:comment:224228","question":"Im struggling to see what is different being offered here from competitors, wireless charging is available and UPS etc can do the same thing with their fleet as well as others, so can you tell me what is different about this company in comparison to others offering the same apart from the industry regulations standards you hace adhered to. I can see companies going direct to those who have licensed both you and UPS for this, you don't have an exclusivity agreement I presume.","author_name":"Aslam Amin","votes":3,"created_at":"2022-10-30T07:43:52Z","canonical_url":"https://wefunder.com/hevo#question-224228","answers":[{"id":224305,"entity_id":"wefunder:comment:224305","answer":"Hi Aslam, thanks for your question! Please see my response to Gary Sertyan above about what differentiates HEVO from our competition: our certifications, our software, and our price, among other factors. I'll add that HEVO has a supply business model (i.e., we are manufacturing chargers to sell to companies like UPS), whereas many of our competitors have a license model. Please reply here if you'd like more information!","author_name":"Thomas Armstrong","votes":1,"created_at":"2022-10-31T16:16:57Z"}]},{"id":224040,"entity_id":"wefunder:comment:224040","question":"Hi, I noted the former CFO of Hevo left the company recently. Could you please elaborate a little bit why? Thanks","author_name":"Feng LING","votes":3,"created_at":"2022-10-28T13:51:41Z","canonical_url":"https://wefunder.com/hevo#question-224040","answers":[{"id":224047,"entity_id":"wefunder:comment:224047","answer":"Hi Feng, thanks for your question! Our former CFO, JP Yorro, left HEVO recently to move to Minnesota with his family and take a fantastic new job! We are happy for him, but sad to see him go! HEVO is in the process of recruiting a new CFO to take over for JP in November.","author_name":"Thomas Armstrong","votes":0,"created_at":"2022-10-28T15:22:05Z"}]},{"id":223950,"entity_id":"wefunder:comment:223950","question":"Hi, at what price will I buy the shares please ? Thanks.","author_name":"Anthony BROOKING","votes":3,"created_at":"2022-10-27T20:29:01Z","canonical_url":"https://wefunder.com/hevo#question-223950","answers":[{"id":224050,"entity_id":"wefunder:comment:224050","answer":"Hi Anthony, thank you for your question! HEVO is offering a Crowd Simple Agreement for Future Equity (SAFE) type of security at a price of $1 per security (i.e., share). When you enter your investment amount on our Wefunder site - and before you pay/sign - you can read HEVO's Form C filing with the SEC for all contractual details. Please respond here if you have any further questions!","author_name":"Thomas Armstrong","votes":3,"created_at":"2022-10-28T15:36:08Z"}]},{"id":222409,"entity_id":"wefunder:comment:222409","question":"Hi, are you able to elaborate on how you differ from competitors like Witricity and Plugless?","author_name":"Gary SERTYAN","votes":3,"created_at":"2022-10-15T05:44:44Z","canonical_url":"https://wefunder.com/hevo#question-222409","answers":[{"id":222533,"entity_id":"wefunder:comment:222533","answer":"Hi Gary, yes, I'm happy to elaborate here! First, I'll mention that we embrace the competition! As for what differentiates our products...(1) HEVO's Rezonant E8 is the only known wireless charger that meets UL and SAE standards (safety, sustainability, interoperability, and other requirements). These certifications are imperative for major automakers and other partners who will accelerate the commercialization of wireless charging technology...(2) HEVO's Journey is the only known end-to-end software that is optimized for the wireless charging experience, with remote operability, turn-by-turn directions, state of health, and other features that alleviate range anxiety for EV drivers...(3) Our price trajectory meets the expectations of major automakers and is cost competitive with plugin charging solutions at all power levels. If you have any other questions, then feel free to reply here!","author_name":"Thomas Armstrong","votes":1,"created_at":"2022-10-17T14:28:12Z"}]},{"id":220321,"entity_id":"wefunder:comment:220321","question":"When does this offer close","author_name":"Phillip Wright","votes":3,"created_at":"2022-09-28T16:20:43Z","canonical_url":"https://wefunder.com/hevo#question-220321","answers":[{"id":220490,"entity_id":"wefunder:comment:220490","answer":"Hi Phillip, thanks for asking! Our campaign on Wefunder officially closes on January 23, 2023. However, we are able to initiate our first \"rolling close\" on October 14, 2022, allowing us to immediately apply your investments to our rapid commercialization efforts!","author_name":"Thomas Armstrong","votes":1,"created_at":"2022-09-29T14:39:24Z"}]},{"id":329658,"entity_id":"wefunder:comment:329658","question":"I invested 3000 dollars a few years ago. My name is George Nischan. Can you tell me if my investment will be growing or has grown? Will that 3000.00 be put into stock?","author_name":"George Nischan","votes":2,"created_at":"2026-04-01T14:58:41Z","canonical_url":"https://wefunder.com/hevo#question-329658","answers":[{"id":330521,"entity_id":"wefunder:comment:330521","answer":"Hi George, all previous and current investments will be converted into shares when the company exits. Please let us know if you have any further questions.","author_name":"Jeremy McCool","votes":1,"created_at":"2026-04-08T20:00:04Z"}]},{"id":323012,"entity_id":"wefunder:comment:323012","question":"I am an investor in several ev companies, therefore, this is very intriguing. had a few questions. how is your financials looking now. based off of what you have. they don't look promising at all. how is your operational expenses so much higher than revenue? you are spending way more in salaries alone than what you are making that obviously doesn't include the other operational expenses. I am an investor, owner, part owner of over 150 companies and have never seen a company spend so much on salaries alone than what they actually make. I noticed you went from your cogs far exceeding your revenue, never seen that before either, yikes! to $0 cogs. how did you manage that? that part is amazing. never seen $0 cogs. what would you say separates you from others. what is your moat? thanks for your time!","author_name":"John Webster","votes":2,"created_at":"2026-01-14T17:51:10Z","canonical_url":"https://wefunder.com/hevo#question-323012","answers":[]},{"id":317067,"entity_id":"wefunder:comment:317067","question":"There are various SAFEs in your fund raising history. I was in 2...one on Republic and one on this platform. Have these SAFEs converted to equity? Thank you.","author_name":"Marc A. Simon","votes":2,"created_at":"2025-10-15T20:58:46Z","canonical_url":"https://wefunder.com/hevo#question-317067","answers":[{"id":318226,"entity_id":"wefunder:comment:318226","answer":"Hi Marc, thank you for the question. We are in the process of converting the Republic one. The conversion is happening at the same price as this Series A-2 which $60M. The custodian is North Capital. You should have received an email from them. Please check your junk inbox if you do not see it.","author_name":"Jeremy McCool","votes":1,"created_at":"2025-10-28T18:05:08Z"}]},{"id":316594,"entity_id":"wefunder:comment:316594","question":"Hi Jeremy, what made you come back to the community so soon? Should we be concerned? Thank you, Glenn","author_name":"Glenn Burney","votes":2,"created_at":"2025-10-08T19:39:02Z","canonical_url":"https://wefunder.com/hevo#question-316594","answers":[{"id":318225,"entity_id":"wefunder:comment:318225","answer":"Hi Glenn, thanks for the question. We are still working on closing our original $5M target from the previous campaign. The previous campaign needed to be reset. Our original investor relations partner was acquired in July and we also needed to take a break to focus on our integration with the autonomous EV. Our leadership team was on the road the entirety of late Aug until mid-Oct. The technological and commercial validation we received from the road shows with major customers put us in a position to relaunch with WeFunder and we are happy to be back on it!","author_name":"Jeremy McCool","votes":2,"created_at":"2025-10-28T18:03:42Z"}]},{"id":313107,"entity_id":"wefunder:comment:313107","question":"Hi, had a few questions. As you're closing tomorrow plz help with the questions as best possible so I can ideally process an investment. Thanks! 1. Which Stellantis brands or divisions are involved (e.g., Jeep, Ram, Chrysler, Fiat, etc.), and is this a binding production agreement with defined volume/timeline metrics? 2. What exactly needs to happen between now and 2028–2029 to hit your $100M+ annual revenue target—what milestones and dates should we expect? 3. What’s your current burn rate, cash on hand, and post-raise runway—and which milestones will this round enable before you need additional funding? 4. What gross margin assumptions do you have for hardware and software? Are these based on signed OEM pricing, pilot cost estimates, or internal modeling? 5. Beyond Stellantis, how are your other OEM engagements structured—are these letters of intent, term sheets, or production-ready agreements? 6. If Stellantis or another OEM delays or cancels, how will you adjust your go-to-market strategy and capital plan to maintain momentum?","author_name":"Yosef  Hertz","votes":2,"created_at":"2025-08-14T09:19:06Z","canonical_url":"https://wefunder.com/hevo#question-313107","answers":[{"id":313117,"entity_id":"wefunder:comment:313117","answer":"1. Which Stellantis brands or divisions are involved (e.g., Jeep, Ram, Chrysler, Fiat, etc.), and is this a binding production agreement with defined volume/timeline metrics? a. We are authorized to publicly reference Chrysler, as this has already been publicly disclosed. In addition to Chrysler, we are actively engaged with several other brands within the company, though those engagements have not been publicly disclosed. b. Targeted volumes are defined in a mutually executed agreement; however, we are not permitted to share those figures publicly at this time. What can be stated is that the financial model is built from the bottom up and fully integrates all current automaker programs. It aligns with multiple automaker’s targeted start-of-production timelines and projected annual volume increases. 2. What exactly needs to happen between now and 2028–2029 to hit your $100M+ annual revenue target—what milestones and dates should we expect? a. Execution of production contracts with our major automaker customers is anticipated within the next twelve months or so. This will initiate production setup over the following 24-30 months, with start-of-production targeted for the 2028 to 2029 timeframe. Earlier production dates are feasible if an automaker decides to escalate their start of production timeline. 3. What’s your current burn rate, cash on hand, and post-raise runway—and which milestones will this round enable before you need additional funding? a. Our current monthly burn rate is below $100k. We have enough runway to sustain operations for 6+ months. Following the completion of our current funding round, the projected runway extends beyond 18 months. b. The execution of production contracts with major automakers represents the primary commercial milestone for this round. 4. What gross margin assumptions do you have for hardware and software? Are these based on signed OEM pricing, pilot cost estimates, or internal modeling? a. Gross margins are projected at approximately 20-30 percent for hardware and 50-70 percent for software. b. Hardware revenue estimates are based on existing volume projections with major automakers. c. Software revenue is derived from a combination of automaker partnerships and retail customer engagements. 5. Beyond Stellantis, how are your other OEM engagements structured—are these letters of intent, term sheets, or production-ready agreements? a. The agreements in place span a range of engagement types, including development agreements, early supplier intent agreements, and strategic partnership agreements. b. HEVO has been selected as the reference design for multiple automaker wireless EV charging programs with up to seven new electric vehicle platforms in consideration for our innovative products. 6. If Stellantis or another OEM delays or cancels, how will you adjust your go-to-market strategy and capital plan to maintain momentum? a. We are currently engaged at various stages with more than ten major automakers and fleet companies, and that number continues to grow. The diversity among these organizations, combined with their strong interest in demonstrating technological leadership—particularly in enhancing the charging experience for users and drivers—is a key driver of engagement.","author_name":"Jeremy McCool","votes":3,"created_at":"2025-08-14T15:10:44Z"}]},{"id":234931,"entity_id":"wefunder:comment:234931","question":"Good evening team Hevo, Congratulations with your new partnership with Stellantis, one of the famous brand and a huge presnece in Europe. Could you please tell me how many employes are working in you office today ? What is your hiring plan for the months and years to come ? How much is the labor cost please, today and projected ? And what is your gross variable margin ratio please ? I thank you. Best regards,","author_name":"Ben_ B","votes":2,"created_at":"2023-02-15T19:36:29Z","canonical_url":"https://wefunder.com/hevo#question-234931","answers":[{"id":234973,"entity_id":"wefunder:comment:234973","answer":"Hi Ben, thanks for your questions and congratulations! As I mentioned to Adeyi below, HEVO has eight full-time employees (nine as of today!) and 10+ contractors across management, hardware development, software development, media and marketing, and other departments. HEVO is actively hiring to expand to 49 full-time employees by Q4 2023 and 99 by Q4 2024, with the majority of hires in production and operations roles. HEVO is working with recruiters and our Board, which are experienced with rapidly scaling teams at Google, Uber, Lordstown, and other major companies. HEVO's labor costs will scale appropriately with that growth. Finally, HEVO has positive gross margin on its Level 2 charger, including 8kW and 11kW units slated for delivery in 2023. Please reply here if you have any other questions!","author_name":"Thomas Armstrong","votes":0,"created_at":"2023-02-15T21:25:31Z"}]},{"id":233491,"entity_id":"wefunder:comment:233491","question":"Struggling to understand. Does the car/battery touch the charger on the floor?","author_name":"Umair Shams","votes":2,"created_at":"2023-02-05T16:01:43Z","canonical_url":"https://wefunder.com/hevo#question-233491","answers":[{"id":233552,"entity_id":"wefunder:comment:233552","answer":"Hi Umair, thanks for your question! Unlike a wireless charger for your phone or toothbrush, there's no physical contact with HEVO's product. There's an air gap between the ground pad, which is connected to a power source, and the vehicle pad, which is connected to the vehicle's chassis. The power transfer over the air is 91%+ efficient from the grid/power source to the vehicle's battery.","author_name":"Thomas Armstrong","votes":3,"created_at":"2023-02-06T13:55:53Z"}]},{"id":331831,"entity_id":"wefunder:comment:331831","question":"very interesting. this is the first time I have seen a company raise money on 2 crowdfunding sites at the same time. would you say that is what is hurting you from raising your goal on here? I invested in a few ev vehicle companies,therefore, this caught my attention in a big way. people did an amazing job asking questions and you did a great job explaining, therefore, I only have a couple of questions vs a ton like usual. 1. can you explain the importance of being SAE and UL qualified? 2. do you see companies like solar roadways taking over this market? seems like either now or eventually somebody could be charging their vehicle while driving. 3. even if you charge vehicles faster etc than others unless somebody has a second job. many parking their vehicles aren't planning to go right back out unless grocery shopping which isn't a daily thing. many if not most probably park and sit at home rest of day. where charging faster would be irrelevant. they would likely during the week be home long enough for any charging to work no matter how slow or fast. so with that being said what would benefit be then? 4. how much does your product cost and how does it compare to the competitors? thanks for your time and amazing job thus far!","author_name":"John Webster","votes":1,"created_at":"2026-04-23T15:48:39Z","canonical_url":"https://wefunder.com/hevo#question-331831","answers":[]},{"id":329820,"entity_id":"wefunder:comment:329820","question":"What is the exit plan (acquisition, IPO, merger, etc.) in which investors will be able to see a ROI?","author_name":"bugg logg","votes":1,"created_at":"2026-04-02T12:14:47Z","canonical_url":"https://wefunder.com/hevo#question-329820","answers":[{"id":330522,"entity_id":"wefunder:comment:330522","answer":"We are targeting an IPO in the next five years but we cannot guarantee anything per normal investment risks.","author_name":"Jeremy McCool","votes":1,"created_at":"2026-04-08T20:01:18Z"}]},{"id":326693,"entity_id":"wefunder:comment:326693","question":"How would I withdraw my investment?","author_name":"Nicholas Marquardt","votes":1,"created_at":"2026-03-03T05:29:25Z","canonical_url":"https://wefunder.com/hevo#question-326693","answers":[{"id":326787,"entity_id":"wefunder:comment:326787","answer":"We are not publicly traded. The investment is offered as a private company. Your investment is locked in until the company either exits (e.g. IPO, acquisition) or offers redemption options. Either way, that isn't expected for a few years.","author_name":"Jeremy McCool","votes":1,"created_at":"2026-03-03T21:51:17Z"}]},{"id":320040,"entity_id":"wefunder:comment:320040","question":"How are the returns paid for investors?","author_name":"Norman Masson","votes":1,"created_at":"2025-11-21T05:51:28Z","canonical_url":"https://wefunder.com/hevo#question-320040","answers":[{"id":321419,"entity_id":"wefunder:comment:321419","answer":"Typically, this is done at the exit.","author_name":"Jeremy McCool","votes":3,"created_at":"2025-12-18T13:53:21Z"}]},{"id":310149,"entity_id":"wefunder:comment:310149","question":"I have been trying to contact HEVO via their web site, email: jp.yorro@hevopower.com and other ways as I have a investment question. I started investing in HEVO via Crowd Safe via 'Republic'. I fully support what the business is trying to achieve but it is frustrating not to get any response at all?","author_name":"Stephen Baxter","votes":1,"created_at":"2025-06-24T20:29:30Z","canonical_url":"https://wefunder.com/hevo#question-310149","answers":[{"id":310153,"entity_id":"wefunder:comment:310153","answer":"Hi Stephen, JP is no longer with the team. Please send your email to invest@hevo.com and we will respond from there.","author_name":"Jeremy McCool","votes":2,"created_at":"2025-06-24T21:14:32Z"}]},{"id":272808,"entity_id":"wefunder:comment:272808","question":"Curious how everything is going, what have you done to continue to promote hevo? I'd like to see more of it.","author_name":"Only Me","votes":1,"created_at":"2023-12-29T14:56:29Z","canonical_url":"https://wefunder.com/hevo#question-272808","answers":[{"id":307481,"entity_id":"wefunder:comment:307481","answer":"We are consistently providing updates via email and will begin posting updates on this page as well, especially now that we have a new crowdfund campaign. Please let us know if you are not receiving emails from invest@hevo.com","author_name":"Jeremy McCool","votes":0,"created_at":"2025-05-05T14:40:25Z"}]},{"id":245407,"entity_id":"wefunder:comment:245407","question":"Can I still get in as an investor?","author_name":"Carlton Whelchel","votes":1,"created_at":"2023-05-02T16:25:39Z","canonical_url":"https://wefunder.com/hevo#question-245407","answers":[{"id":245425,"entity_id":"wefunder:comment:245425","answer":"Carlton, please email me at invest@hevo.com","author_name":"Thomas Armstrong","votes":0,"created_at":"2023-05-02T19:11:49Z"}]},{"id":239627,"entity_id":"wefunder:comment:239627","question":"How are sales looking for 2023?","author_name":"Kevin Joel Rivera Calderon","votes":1,"created_at":"2023-03-21T22:17:01Z","canonical_url":"https://wefunder.com/hevo#question-239627","answers":[{"id":239809,"entity_id":"wefunder:comment:239809","answer":"Hi Kevin, thanks for your question! We are on track for our sales projections for 2023, including revenue from our hardware products, our software products, and our engineering services.","author_name":"Thomas Armstrong","votes":1,"created_at":"2023-03-23T16:29:05Z"}]},{"id":239204,"entity_id":"wefunder:comment:239204","question":"How can I increase the amount I invested?","author_name":"Milledge Mccaster","votes":1,"created_at":"2023-03-16T21:28:37Z","canonical_url":"https://wefunder.com/hevo#question-239204","answers":[{"id":239281,"entity_id":"wefunder:comment:239281","answer":"Hi Milledge, thanks for your interest in reinvesting! You can do so by repeating the process you followed last time. On this page, enter your desired investment amount, click the invest button, and continue through the steps on Wefunder.com/hevo.","author_name":"Thomas Armstrong","votes":0,"created_at":"2023-03-17T16:20:41Z"}]},{"id":236421,"entity_id":"wefunder:comment:236421","question":"Any reason for focusing on Maps and Directions? Did your research showed that people need such solution and that is a meaningful value ad for product sales? I wonder if that is a good spend of funds and efforts when almost everyone have access to Google maps.","author_name":"Durganand Thatavarthy","votes":1,"created_at":"2023-02-27T00:15:35Z","canonical_url":"https://wefunder.com/hevo#question-236421","answers":[{"id":236717,"entity_id":"wefunder:comment:236717","answer":"Hi Durganand, thanks for your question. Yes, customers crave better EV charging software! Few existing EV charging or navigation apps provide an end-to-end charging experience for users, such as configuring preferences on the state of charge, planning routes optimized for charging time and cost across multiple networks, and automatically updating routes based on real-time changes in location and charger availability. Journey leverages maps data from tools like Mapbox to provide that better experience. Please reply here if you have any other questions.","author_name":"Thomas Armstrong","votes":0,"created_at":"2023-03-01T00:52:51Z"}]}],"faq":[{"question":"Is this fundraising round a continuation of the one on Republic?","answer":"Hi Arman, thanks for your question! Yes, this round is a continuation of the $1.9M raised on Republic earlier this year. By launching the campaign on Wefunder, we hope to reach an expanded network of investors!"},{"question":"When does this offer close?","answer":"Answered above! Thanks again for your interest in HEVO!"},{"question":"When does this offer close","answer":"Hi Phillip, thanks for asking! Our campaign on Wefunder officially closes on January 23, 2023. However, we are able to initiate our first \"rolling close\" on October 14, 2022, allowing us to immediately apply your investments to our rapid commercialization efforts!"},{"question":"Good Afternoon, I invested on Republic and am excited to have a chance to increase my investment on Wefunder. I have a couple questions in regards to the tech licensing with ORNL. I read above that this is an exclusive commercialization license. I saw UPS and VW have partnersh...","answer":"Hi Kyle, thanks for your questions and previous support. We appreciate you! Some of the details are confidential but our license and partnership is focused on preparing the technology for commercialization and manufacturing. It is the same technology being used for the UPS and VW projects. We don't know the details of those agreements, but ORNL has a variety of partnerships where they work with outside entities e.g. https://www.ornl.gov/sponsored-research"},{"question":"I live in NYC, would it be possible to see a rezonant demo? Or are there upcoming investor conferences to see? Also thank you for your prompt answer to my precious questions. I appreciate it!","answer":"Hi Kyle, thanks for your question! We'd love to have you visit HQ, but for compliance reasons, we are not allowed to -- we have to share the same information with all investors. Check out this recent demo and interview with our Founder \u0026amp; CEO: https://www.youtube.com/watch?v=3F7aTZAS3uE."}]}}}