OfferingRegistry
Offerings / Regulation CF / RePurpose Energy, Inc.

RePurpose Energy, Inc.

Regulation Crowdfunding offering on StartEngine · Form C filed March 5, 2026 · Fairfield, California

SAFERevenue over $1MCorporation, DelawareEnergy and cleantechSecond-life EV battery energy storage systems

RePurpose Energy, Inc. develops second-life energy storage systems built from used electric vehicle batteries, with proprietary testing, fire suppression and State of Health technology. The company reports net revenue of $1,938,538 for 2024 (largely grant income), has operated since 2017 and is offering up to $1,235,000 in a Simple Agreement for Future Equity with a $20,000 minimum target.

Registry notesThe reviewed financials include a going concern paragraph and show a stockholders' deficit of $(103,722) at December 31, 2024, with a $2,035,000 SAFE liability and a related-party personal vehicle use charge to the CEO of $4,958 in 2024. The filing contains internal inconsistencies, including the stated 20% ownership figures exceeding 100%, conflicting UL certification dates, and differing counts of common shares outstanding.

Profile details below were extracted automatically from the issuer's filing documents. Figures in the financial table come directly from the SEC's structured Form C data.

Offering terms

Security
Simple Agreement for Future Equity
Maximum
$1,235,000.00
Price
Not stated per unit
Pricing method
N/A
Deadline
April 30, 2026
Oversubscriptions
Accepted
Intermediary
StartEngine Primary, LLC
Broker-dealer, SEC file 008-70060
Intermediary fee
7 - 13 percent
Intermediary equity
One percent (1%) of securities of the total amount of investments raised in the offering, along the same terms as investors.

Financials as filed

ItemMost recent FYPrior FY
Revenue$1,938,538$1,016,213
Cost of goods sold$1,704,079$886,106
Net income (loss)-$148,259-$280,403
Total assets$2,614,191$2,525,453
Cash and equivalents$1,298,895$1,962,703
Accounts receivable$1,010,072$245,014
Short-term debt$682,913$296,666
Long-term debt$2,035,000$2,071,373
Taxes paid$0$0

Two fiscal years as reported on the Form C cover sheet. 7 employees. Offered in 52 states.

Use of proceeds

At the $20,000 target: 7.5% StartEngine platform fees and 92.5% technology development and certification. At the $1,235,000 maximum: 7.5% platform fees, 50.0% production and scale-up, 20.0% technology development and certification, and 22.5% business development and operations. Management may change the intended use.

Valuation

Valuation cap of $30,000,000 with a 20.0% discount on the SAFE; the cap was set internally by the company without a third-party valuation. Investor bonuses (loyalty, early bird, flash, tier and StartEngine Venture Club discounts) can increase the discount.

Prior raises

Not stated

Financial statements

Financial statements for 2024 and 2023 are unaudited and were reviewed (not audited) by SeiApart Accountancy Corp. The review report includes a going concern paragraph.