​               Growing Electric Vehicle Infrastructure as a Community
Invest in Power Hero
​ "Access to charging is the single biggest barrier to buying an electric vehicle.  Gas Stations outnumber public charging stations 10 to 1, and many people have no access to overnight charging.
But why?  Electricity is everywhere.  We believe EV charging should be everywhere too. Unfortunately, the public charging model is dominated by expensive commercial charging stations that focus on herding users to fast charging hubs.  That is not scalable enough to support what people want.  They want to charge everywhere  - where they work, eat, sleep, and shop.  
Our solutions allow anyone to make electricity public.  With smart apps and simple hardware, we easily turn any power source into a connected EV charging station and create the first dynamic peer-to-peer marketplace for EV charging.
How Does it Work?  Power Hero is a peer-to-peer (P2P) platform that allows users to list existing electricity so it can be reserved and purchased by drivers.  Whether it be a private level-2 charger or a simple outdoor power outlet, we make existing infrastructure 'public' with smart-apps and simple, connected hardware.
On the Power Hero network, EV owners can share their charging stations giving members ten times the number of accessible locations. Outdoor outlets can be listed for overnight parking allowing apartment dwellers to comfortably enter the electric vehicle market.  Any business can install small private charging devices (instead of large commercial ones) and connect them to our network to be dynamically listed, found, reserved, and brokered.
We believe Power Hero will demonstrate that peer-to-peer economy-sharing can outpace brute-force infrastructure!   Our solutions and community-based approach will allow the EV market to grow without restrictions."
- Esmond Goei, CEO, Chairman, and Co-Founder

The OfferingInvestment
$1.00/share│When you invest you are betting the company’s future value will exceed $5.2M.


Perks
$500 — If you invest $500, you will receive a free Power Hero t-shirt or polo
$1,000 — If you invest $1,000, you will receive a Power Hero windbreaker and a year of free membership
$5,000 - If you invest, you will receive 10% additional bonus shares
$10,000 - If you invest $10,000, you will receive 15% additional bonus shares
$25,000 - If you invest $25,000, you will receive 20% additional bonus shares
owner 10%bonus
* ALL PERKS OCCUR AFTER THE OFFERING IS COMPLETED *
All bonus shares will be awarded separately, outside of the StartEngine Platform.  All bonus shares and corresponding documentation will be delivered to recipients by the Company directly.
For details on the bonus, please see the Offering Summary below.

​"There is no such thing as fast charging.  The goal is to charge everywhere you park.  That is our mission." - Rob Kent, Vice-Chairman and Co-founder of Power Hero T

                         Accomplishments
​Power Hero has put together a proven team of entrepreneurs, executive leaders, and development partners.  


We have conducted exhaustive market research to understand how electric vehicle owners want to charge their vehicles, and what keeps potential EV owners from joining the market.


Power Hero has developed prototypes, tested their concept, and filed patents behind the unique aspects of their solution.  


Full platform development is underway and we are raising $88K to bring it to launch phase in June of 2018.

​Major Milestones:

• February 2017, the company raised $150K in seed funding, one month after incorporation.
• March 2017, IBM Singapore awarded the company with the free use of its cloud platform Bluemix.
• June 2017, a working prototype of ePort was unveiled which converts an ordinary wall outlet into a smart reservable outlet.
• November 2017, another patent filed for a reservable network of peer-to-peer EV charging stations 
• December 2017, Partnered with Arrow Electronics for hardware development and middle-ware IoT support
• February 2018, Partnered with Omni Tech Solutions to scale up the development platform for launch

Power Hero is aggressively moving forward to launch their platform and hardware!

​                        Solving the Problems with Electric Vehicle Charging

​The Problem Set

• Lack of Coverage:  Gas stations outnumber electric charging stations ten to one.  Charging is especially difficult to find outside of larger metro areas causing "range anxiety"
• Limited Overnight Availability:  The fundamental necessity for EV ownership is plugging in while you sleep (much like a cell phone).  Apartment dwellers without overnight charging are highly unlikely to buy an electric vehicle.
• Speed-Focused Charging:  The industry is focused on bigger and faster charging stations (like gas stations).  People want quantity, not speed.  They want contiguous charging where they work, eat and shop

The Power Hero Solution

• Eliminates Range Anxiety:  A network of EV owners making their home charging stations available to other members - increasing coverage by 10X
• Overnight Charging:  A digital marketplace where anyone can list and reserve overnight charging next to a regular outdoor plug (ie driveway) - allowing apartment dwellers to enter the market
• Charge Everywhere:  Smart and cost-effective hardware that's connected to the cloud - easily makes any power-outlet or dumb charger a connected EV charging station that can be listed, found, reserved, and brokered on our network

Power Hero provides an innovative, fast, and easy solution for creating EV charging stations!

Our Products

Smart Platform For Making Electricity Public

• Our cloud-based P2P system allows anyone to list, find, reserve, and broker electricity.
• EV owners can list their private charging stations for other members.
• When you list your private station, you get access to all other private stations on the network for free (others pay monthly membership).
• Members can then access a much larger network of chargers when outside of metro areas - 10 times the number of regular stations.
• Additionally, anyone who owns access to parking near a standard power outlet can list and price an overnight charging spot.
• Members can book overnight parking for short or long-term periods.
• Smart hardware enhances the platform by connecting any charger or electrical outlet to our system for dynamic scheduling and pricing.

​Easy Scalable Hardware Solutions


Automates and enhances the user experience

• Install our simple, connected, universal Level 2 chargers
• Or connect an existing charger with our cellular 240V plug adapter
• Or connect any regular outdoor outlet  with 110V cellular adapters
• Creates a revenue-generating EV charge point on our network
• Verifies driver through their mobile device
• Allows power flow for the allotted time reserved by the driver
• Hardware leased through monthly subscription fees ranging from $5 to $19/mo (security deposit required)

Easy to adopt EV charging that generates revenue and requires no upfront investment!

How Our Products Are Different From the Rest

At Power Hero, we focus on scaling the existing grid with minimal infrastructure investments.  We are the only company combining economy sharing and IoT to solve this problem.


One in two EV owners invests in a home Level-2 charger that can deliver 20 to 30 miles of range with an hour of charge time.  Our goal is to tap into these 500,000 owners to create a network of charging stations that dwarf the 17,000 that exist today.  Our IoT hardware will enable the most cost-effective level-2 chargers and ordinary outdoor power outlets to be controlled by our smart network for reservations and brokering.  This will make it easy for any landlord or business to offer EV charging.


Manufacturers of commercial charging stations will continue to push thousands of new chargers into the marketplace.  We don’t want to stop that.  Our intention is to blow past them and harness a million chargers and outlets on a single network for EV owners.

​Peace-of-Mind
​ Comfortably operate electric vehicles in new areas knowing you have ten times the number of accessible charging points through our network of 'Heroes'.

Scalable SolutionsCost-effective, reliable, and easy-to-install hardware that allows anyone to automatically broker a public, revenue-generating charging station with no significant up-front investment.

Sharing EconomyRemoves significant infrastructure burden and capitalizes on a sharing-economy principals that are already disrupting many other industries and allowing for proven, rapid scaling of solutions.

Open NetworkOur ability to add any charging station, broker transactions, and non-directly compete with other manufacturers makes us an ideal hub to eventually host all EV charging stations on one network.

The Electric Vehicle Market

Access to charging is the number one barrier to buying an electric vehicle.  In the EU (largest EV market share), The European Clean Power for Transport directive has promised one public charging point for every 10 electric cars by the year 2020 - an indicator of market needs.


52% of EV owners in the U.S. have a home Level 2 EVSE charging station - nearly 30X the number of public stations (estimated 500K private stations).  (CleanTechnica, Jan 2018).


Over 30M Americans live in apartments and are unable to charge overnight.   (US Dept of Housing and Urban Development).


Economy sharing is a growing force with over 50M Americans participating in the community-based, peer-to-peer purchase of goods or services (e.g. Uber, Airbnb).  That number is expected to nearly double in the next five years with a stronger concentration in the younger demographics pursuing electric vehicles (eMarketer; 2016)

Electric vehicle growth estimates are conservatively estimated at 20% with an average forecast of 37% CAGR.


As the market grows, access to charging will have to match pace.  Currently, gas stations outnumber EV charging stations 10:1  (US Dept of Energy), and many times more than that will be needed to satisfy a market that wants to charge everywhere they eat, sleep, work and shop.


With 268M registered vehicles in the US (US Dept of Transportation), every 5% market penetration adds 13.4M electric vehicles and a $1.3B addressable market for Power Hero. In the next five years, we expect our addressable market to reach $2.6B.


While the U.S. growth statistics are very strong, markets like Europe and China are moving much faster.  With our experienced team and presence in Singapore, we are well positioned to expand internationally and grow beyond a U.S. solution.

​What Makes Our Team SpecialAn experienced team on a true passion project!  All C-level members have successfully managed start-ups and growth-phase companies in the CEO role, with a proven ability to scale businesses both domestically and internationally.  


The team has proven startup track records with expertise in green energy and connected IoT products.  Their experience brings legacy partnerships with fortune 500 companies that are once again eager to help them grow and innovate.  


"Each of us could go out and run any business of our choosing.  We see Power Hero as a once-in-a-lifetime chance to substantially impact clean energy and improve the environment."  
- Rob Kent, Chief Marketing Officer

Invest in Our Company Today!At Power Hero, we are passionate about clean energy and making it possible for everyone to own an electric vehicle.


Electric Vehicle growth, although staggering, is greatly held back by the inability to grow the charging grid.  We are determined to prove P2P economy-sharing can solve this capacity problem more effectively.


We have a proven and experienced team with strong supply-side and distribution partnerships.  This will help us ensure success, scale quickly, minimize costs, and generate significant returns.


Power Hero is a great opportunity to positively impact the planet and make money doing it.  If we are successful, we will unlock the full potential of the electric vehicle market and take tens of millions of combustion vehicles off the road.


So, be a Hero!  Invest in Power Hero today!

Offering SummaryMaximum 88,000* shares of common stock ($88,000)
*Maximum subject to adjustment for bonus shares. See 10% Bonus below
Minimum 10,000 shares of common stock ($10,000)


Company
Power Hero Corp.
 


Corporate Address
2105 Foothill Blvd, Suite B360, La Verne, CA  91750

 


Description of Business
Electric Vehicle Charging Solutions
 


Type of Security Offered
Common Stock
 

Purchase Price of Security Offered
$1 per Share
 


Minimum Investment Amount (per investor) 
$200 Minimum Investment



















Perks
Invest at least $500 — Receive a free power hero t-shirt or polo.
Invest at least $1,000 — Receive a free Power Hero windbreaker and a year of free membership.
Invest at least $5,000 —  Receive 10% additional bonus shares, e.g. at $5,000 you will get 500 bonus shares for a total of 5,500 shares which results in an effective average share price of $0.91 per share. 
Invest at least $10,000 — Receive 15% additional bonus shares, e.g. at $10,000 you will get 1,500 bonus shares for a total of 11,500 shares which results in an effective average share price of $0.87 per share.
Invest at least $25,000 — Receive 20% additional bonus shares, e.g. at $25,000 you will get 5,000 bonus shares for a total of 30,000 shares which results in an effective average share price of $0.83 per share.
* ALL PERKS OCCUR AFTER THE OFFERING IS COMPLETED *
All bonus shares will be awarded separately, outside of the StartEngine Platform.  All bonus shares and corresponding documentation will be delivered to recipients by the Company directly.


The 10% Bonus for StartEngine Shareholders
Power Hero Corp. will offer 10% additional bonus shares for all investments that are committed by StartEngine Crowdfunding Inc. shareholders (with ≥ $1,000 invested in the StartEngine Reg A+ campaign) within 24 hours of this offering going live.
StartEngine shareholders who have invested $1,000+ in the StartEngine Reg A+ campaign will receive a 10% bonus on this offering within a 24-hour window of their campaign launch date.  This means you will receive a bonus for any shares you purchase.  For example, if you buy 100 shares of Common Stock at $1 / share, you will receive 10 Common Stock bonus shares, meaning you'll own 110 shares for $100.   Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid for one year from the time StartEngine Crowdfunding Inc. investors receive their countersigned StartEngine Crowdfunding Inc. subscription agreement.

RisksA crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
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