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New Haven Community Solar

Operating

New Haven Community Solar, LLC

Energy & Cleantech · New Haven, CT

Clean Cheap Power for Low-Income Housing Community Solar Starts With You

Post-money valuation ⓘ
$48K
As of Jan 2019 · from Reg CF Offering (2018) · pre-money + amount raised, not a traded price
Total raised
$81,869
Across 2 rounds since 2018
Latest share price
$3.38
Reg CF · Common Stock · Aug 2019 offering price

Financials

FY2016–FY2018 · from SEC filings · hover any figure for its source
$0
2016
$0
2017
$0
−$340
2018
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2016 unaudited*
FY2017 unaudited*
FY2018
Income statement
Revenue
$0
$0
$0
Cost of goods sold
$0
$0
$0
Net income
$0
$0
-$340
Taxes paid
$0
$0
$0
Balance sheet
Cash
$0
$0
$8,660
Accounts receivable
$0
$0
$0
Total assets
$0
$0
$8,660
Short-term debt
$0
$0
$16,000
Long-term debt
$0
$0
$0
Total liabilities
$0
$0
$16,000
Other
Headcount
—
3
0

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$8K
pre-money
Reg CF · Common · Aug 2018

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

$3.38$1.69$3.00
Aug 2018Aug 2019
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Principal holders% as the filing states it, Aug 22, 2019

  • Founders Units Owned Franz Hochstrasser33.3%of company

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $41.6K / $66.7K
Raised $40.3K / $107KInvestors 31Post-money $48.3K

Team

4 people
Franz HochstrasserFounder
CEO, Manager, & Co-Founder

Prior to attending the Yale School of Forestry and Environmental Studies, Franz served 8 years in the Obama Administration, and is dedicated to fighting climate change. Most recently he served as Senior Advisor to the Special Envoy for Climate Change at the U.S. Department of State, working on the team that successfully negotiated the Paris Agreement. Prior to that, he was Deputy Associate Director at the White House Council of Environmental Quality working on energy, environment and climate policy and public engagement; and a Confidential Assistant and Legislative Analyst at the U.S. Department of Agriculture working on conservation, energy, food security, science policy and open data. He also worked on both of Barack Obama’s Presidential campaigns in 2008 and 2012. Franz holds a Bachelor of Arts in Linguistics and a Bachelor of Arts in Politics from the University of California, Santa Cruz. When Franz isn’t busy battling climate change he enjoys painting, soccer, and songwriting. ---- Last 3 years employment: 9/2014-7/2016: Special Assistant to the Special Envoy for Climate Change, US Department of State (The U.S. Department of State is a department of the U.S. Government) 7/2016-1/2017: Senior Advisor to the Special Envoy for Climate Change, US Department of State (The U.S. Department of State is a department of the U.S. Government) 1/2017-Present: Teaching and Research Assistant, and Student, Yale University (Yale University is an academic Institution) 7/2018-Present: Founding Member and Chief Executive Officer, New Haven Community Solar, LLC. This is a part-time position and Franz allocates approximately 15 hours per week. Franz works part-time for approximately 15 hours per week for Yale University as a Research Assistant and Teaching assistant. His primary position is a student.

Kwasi AnsuFounder
CMO, Manager, & Co-Founder

Kwasi comes from a background of international development and natural resource management. He is devoted to developing and implementing integrated data-driven community-based solutions that increase equity and resilience. Kwasi is also a recent graduate from the Yale School of Forestry and Environmental Studies Master’s program, where his research focused largely around smallholder-driven supply chains, and crafting certification and responsible sourcing strategies within them. Bringing ten years of international development experience, Kwasi has worked in Ghana, Nigeria, Liberia, Tanzania, Madagascar, South Africa, and Indonesia; each grappling with similar and yet incredibly unique challenges to attaining a sustainable future. He received a Bachelor of Arts degree in Sociology from Wesleyan University where he also played football and lacrosse. In his free time Kwasi enjoys playing video games and hitting the beach. Last 3 years of employment: 2/2013-7/2016: Program Specialist, Pact (Pact is an International Development non-Profit) 7/2016-5/2018: Student, Yale University (Yale University is an academic institution) 7/2018-Present: Founding Member and Chief Marketing Officer, New Haven Community Solar, LLC. This is a part-time position and Kwasi allocates approximately 15 hours per week.

Matt MoroneyFounder
COO, Manager, & Co-Founder

Matt is passionate about using data-driven insights to drive innovation that increases sustainability and equity. His recent research has focused on the relationship between consumer credit card spending and air pollution. Before obtaining a master’s in environmental management from the Yale School of Forestry and Environmental Studies, Matt obtained a Bachelors of Environmental Science with a Chemistry minor at Western Washington University. Afterwards, he spent four years investigating contaminated sites and assisting permitting for new data centers. Matt studies the flow of materials in society and ways to replace them using green chemistry and systems thinking, as well as technologies that will alter the way we live and work. In his “down” time Matt loves to go skiing, cycling, and listening to the freshest jams. ---- Last 3 years employment: 4/2012 - 6/2014 - Staff Scientist at Landau Associates Inc (Landau Associates is an environmental engineering consulting firm based in the Pacific Northwest) 6/2014 - 1/2016 - Senior Staff Scientist at Landau Associates Inc (Landau Associates is an environmental engineering consulting firm based in the Pacific Northwest) 6/2017-8/2017 - Intern at Metabolic (Metabolic is a venture building and circular economy consulting firm based in Amsterdam, NL) 8/2016-8/2018 - Research Assistant at Yale University (Yale University is an academic institution) 7/2018-Present: Founding Member and Chief Operating Officer, New Haven Community Solar, LLC. This is a part-time position and Matt allocates approximately 15 hours per week. This is his primary position. Matt works part-time for approximately 5 hours per week as a Research Assistant at Yale University.

Matthew MoroneyFounder
COO, Manager, and Co-Founder

Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 1 of 8 annual reports (FY2018–FY2025)

31 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-TRJun 5, 20200001665160-20-000727
    EDGAR
  • Form C-USep 25, 20190001746059-19-000037
    EDGAR
  • Form CAug 22, 20190001746059-19-000019
    EDGAR
  • Form C-UAug 5, 20190001665160-19-000827
    EDGAR
  • Form C-ARJul 18, 20190001747949-19-000001
    EDGAR
  • Form C-UJan 22, 20190001665160-19-000079
    EDGAR
  • Form C/ANov 15, 20180001665160-18-001229
    EDGAR
  • Form CAug 20, 20180001665160-18-000833
    EDGAR
Source: ManualCIK 0001747949CTShare price $3.38

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.