BatteryXchange provides an on-the-go charging solution for cell phone users to stay connected to people and things that matter to them most. With our lives revolving around our cell phones many times our cell phone dies at the most inconvenient times. We look to be the premier charging solution that keeps our users connected across the US & international markets. Our company has tested our solution over the last year and we are ready to move into the next stage of our business.
Why you may want to invest in us
- We are in negotiations with our initial convention centers to have our kiosks permanently placed
- During our earlier study, 85% of 100+ businesses surveyed (mostly bars, breweries, restaurants) asked for our mobile chargers
- $125K investment raised provides the charging solutions for current client demand, generating revenue once deployed
- A projection of $330K investment raised, results in positive cash flow by 2020
- 90% of end-users said they would use our mobile chargers on a weekly basis
- We've conducted over 25 1-day pilots at regional events, conferences, bars, and restaurants
- As a result of these pilots, we've had 1000+ users

Financial Summary
Previous Fundraise Summary
Security Type | Convertible Note | |
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Investor Eligibility | All Investors | |
Minimum Investment | $250 | |
Interest Rate | 4.00% | |
Term | 2 years | |
Discount | 20% | |
Valuation Cap | $4,000,000 |
Offering Materials
There are no offering materials available for this business. Check back soon.
Investment Perks
Platinum
Everything in Gold + Limited Edition Engraved Trophy Kiosk + Exclusive Access to BatteryXchange Behind-the-Scenes Tech Series + Private Launch/Mixer for You and a Friend
Platinum
Everything in Gold + Limited Edition Engraved Trophy Kiosk + Exclusive Access to BatteryXchange Behind-the-Scenes Tech Series + Private Launch/Mixer for You and a Friend
Gold
Everything in Silver + Become Part of the Team: Residual Income (Sales Commission) on all Kiosks You Deploy in an Approved Establishment.
Gold
Everything in Silver + Become Part of the Team: Residual Income (Sales Commission) on all Kiosks You Deploy in an Approved Establishment.
Silver
Everything in Bronze + "Live Life Charged" SWAG Box .
Silver
Everything in Bronze + "Live Life Charged" SWAG Box .
Bronze
"Original Investor" BatteryXchange Apparel + "Charged-up Re-Charge" Full Charge for You and a Friend + 10% Off BatteryXchange Gear for Life
Bronze
"Original Investor" BatteryXchange Apparel + "Charged-up Re-Charge" Full Charge for You and a Friend + 10% Off BatteryXchange Gear for Life
Micro
"Original Investor" BatteryXchange Apparel + One Free Charge for You and a Friend.
Micro
"Original Investor" BatteryXchange Apparel + One Free Charge for You and a Friend.
Pitch Deck
Financials
Financial projections are subject to certain risks of the business and may not be achieved. Projections only contemplate projected cash flows, are unaudited and may not be formulated in accordance with US Generally Accepted Accounting Principles. Consult the investment materials for more information on business specific risks and a discussion of the key risks that may impede the achievement of the revenue forecasts presented. There is no guarantee that an investment may achieve any level of return. Review our Risks of Investing before making an investment decision.
This is an overview of the previous and planned financings of the business, including the capital needs the business is looking to cover in the current financing.
Funding Uses for Target Raise ($86 k)
Description | Final payment for BatteryXchange mobile application for both iOS and Android. This software will support all of the needs for our restaurant, bar, and convention center deployments. |
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Timing | A one-time payment 1 month after investments close. |
Description | Initial purchase of small kiosks to expand existing sales traction in the Charlotte market as well as Raleigh, DC and GA. |
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Timing | A one-time payment when investments close. |
Funding Uses for Max Raise ($716 k)
In addition to target raise
Description | Bring on the team needed to rapidly scale in the market. This includes all 'corporate' and boots on the ground team members. |
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Timing | 12 monthly payments beginning when investments close. |
Description | Professional Services Fees & Reserve |
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Timing | A one-time payment when investments close. |
Description | Anticipated purchase of ready-to-deploy kiosks and batteries from our manufacturer for our convention center clients. This covers all anticipated sales for 12 months. |
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Timing | A one-time payment when investments close. |
Description | This will be our budget for the next 3 months after kiosk machines begin development. We will use this budget to manage social media exposure between various platforms(Instagram/Facebook/Twitter/LinkedIn). Goal: Increase B2C sales within restaurants and bars. We will also use these funds to purchase marketing materials to attract end-users and businesses. |
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Timing | 3 monthly payments beginning when investments close. |
Description | Initial lease payment |
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Timing | A one-time payment when investments close. |
Remaining funding uses include Localstake Marketplace fees. See offering materials for full details.
$52,400 from Other Financings
Source | Outside Investors |
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Structure | Equity |
Date Closed | October 19, 2019 |
Source | Outside Investors |
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Structure | Debt |
Date Closed | February 1, 2019 |
Source | Founders |
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Structure | Equity |
Date Closed | January 31, 2019 |
Q&A
Team

Desmond A Wiggan Jr.
After spending 2 years in China obtaining his MBA in International Business, Desmond co-founded BatteryXchange. Desmond has almost a decade of professional experience with expertise in business development, technology, manufacturing, and international organizational management.
As the Chief Executive Officer of BatteryXchange, Desmond is responsible for providing strategic, operational, and financial leadership for the organization. Desmond will make critical organizational decisions and manage BatteryXchange's resources and operations. Desmond will also develop and execute the long term strategies and increase shareholder value. As CEO, Desmond will create, communicate, and implement the company's vision and mission internally and externally to the general public.

Aubrey K Annoh-Yeboah
Aubrey has an MBA in International Business and a Bachelors degree in Marketing. Aubrey has over ten years of professional experience, and has held numerous positions; one of which includes an Advertising Consultant for a well-known media company in Washington, DC.
Aubrey is Co-Founder at BatteryXchange and is the organization's, Chief Marketing Officer. His role as CMO is to oversee the branding development, advertising and content planning, and execution of the organization's marketing and customer initiatives. Aubrey will use market research to create a marketing strategy and develop creative and engaging material to reach target audiences. Aubrey works directly with the CEO to ensure the organization's strategic marketing goals are met.

Kinjal Mehta
Kinjal has worked in the technical industry for over 18 years and has experience as an application developer, software engineer, and a software manager.
Kinjal is bringing his expertise to BatteryXchange as a technical lead where he will oversee the technical team, establish a technical vision for our products, and resolve any software issues that may arise. In this role, he will be proactive in deploying enhancements that may be needed to ensure the technological success of our products. Kinjal will also be responsible for representing the technology perspective during discussions with our executive team and will drive tech development and technical support initiatives.

Jasmine Miller
Jasmine is a dynamic force with a passion for delivering impactful results and operational efficiency. Jasmine is completing her MBA from Duke’s Fuqua School of Business and has a Master’s degree in Entrepreneurship from the University of Florida. Her work experience includes entrepreneurship , tech consulting, change management and operations.
Elijah Strickland
Elijah has managed customer relations and sales for nearly a decade. He is well versed in creating and delivering sales presentations, enhancing customer experiences, and cultivating long-lasting client relationships.
Elijah joined the BatteryXchange team as the Sales Lead where he will foster new client partnerships, scope prospective targets, develop the sales strategy, and will be responsible for acquiring new business. Elijah will represent the Sales and Marketing perspective during executive meetings and will drive the sales processes and increase sales for the organization.

Ethan Wood
Ethan has experience in product management, mechanical engineering, and international manufacturing. Ethan is joining the BatteryXchange team as a Product Lead. In this position, Ethan will spearhead the development of new products/ enhancements to additional products within the organization, and develop and execute the company's go-to-market strategy. Ethan will drive engagement and alignment with the technical team and will be responsible for ensuring our products are developed within time and budget goals through his leadership and planning.

Desmond A Wiggan Jr.
After spending 2 years in China obtaining his MBA in International Business, Desmond co-founded BatteryXchange. Desmond has almost a decade of professional experience with expertise in business development, technology, manufacturing, and international organizational management.
As the Chief Executive Officer of BatteryXchange, Desmond is responsible for providing strategic, operational, and financial leadership for the organization. Desmond will make critical organizational decisions and manage BatteryXchange's resources and operations. Desmond will also develop and execute the long term strategies and increase shareholder value. As CEO, Desmond will create, communicate, and implement the company's vision and mission internally and externally to the general public.

Aubrey K Annoh-Yeboah
Aubrey has an MBA in International Business and a Bachelors degree in Marketing. Aubrey has over ten years of professional experience, and has held numerous positions; one of which includes an Advertising Consultant for a well-known media company in Washington, DC.
Aubrey is Co-Founder at BatteryXchange and is the organization's, Chief Marketing Officer. His role as CMO is to oversee the branding development, advertising and content planning, and execution of the organization's marketing and customer initiatives. Aubrey will use market research to create a marketing strategy and develop creative and engaging material to reach target audiences. Aubrey works directly with the CEO to ensure the organization's strategic marketing goals are met.

Kinjal Mehta
Kinjal has worked in the technical industry for over 18 years and has experience as an application developer, software engineer, and a software manager.
Kinjal is bringing his expertise to BatteryXchange as a technical lead where he will oversee the technical team, establish a technical vision for our products, and resolve any software issues that may arise. In this role, he will be proactive in deploying enhancements that may be needed to ensure the technological success of our products. Kinjal will also be responsible for representing the technology perspective during discussions with our executive team and will drive tech development and technical support initiatives.

Jasmine Miller
Jasmine is a dynamic force with a passion for delivering impactful results and operational efficiency. Jasmine is completing her MBA from Duke’s Fuqua School of Business and has a Master’s degree in Entrepreneurship from the University of Florida. Her work experience includes entrepreneurship , tech consulting, change management and operations.
Elijah Strickland
Elijah has managed customer relations and sales for nearly a decade. He is well versed in creating and delivering sales presentations, enhancing customer experiences, and cultivating long-lasting client relationships.
Elijah joined the BatteryXchange team as the Sales Lead where he will foster new client partnerships, scope prospective targets, develop the sales strategy, and will be responsible for acquiring new business. Elijah will represent the Sales and Marketing perspective during executive meetings and will drive the sales processes and increase sales for the organization.

Ethan Wood
Ethan has experience in product management, mechanical engineering, and international manufacturing. Ethan is joining the BatteryXchange team as a Product Lead. In this position, Ethan will spearhead the development of new products/ enhancements to additional products within the organization, and develop and execute the company's go-to-market strategy. Ethan will drive engagement and alignment with the technical team and will be responsible for ensuring our products are developed within time and budget goals through his leadership and planning.

Wa'il Ashshowwaf
Wa'il is the Marketing and overall strategy advisor for BatteryXchange.
Wa’il is an impact driven leader, entrepreneur, tech guru, UI/UX designer and creative startup strategist. His professional experience spans in various industries including roles at Walt Disney World, Pepsi, HSBC, and co-founding numerous startups.
EXPERIENCE
Wa’il is the CEO of Unstuck Labs- an accelerator program, digital design agency, and technical services company. He works diligently to help startups launch. He also serves as a Board Member for The Global Advisory Group, a consulting firm that facilitates cross-border business between companies in North America and the Middle East.

Steven Anthony
Steven is the Financial and Economics advisor for BatteryXchange.
Steven, as Chairman and CEO of Anthony Global Holdings, is an accomplished Senior Executive, Finance Professional and Board Member, with more than fifteen years success across the banking & finance sectors.
Leveraging extensive experience helping companies realize their growth potential by identifying business opportunities, he is a valuable asset for small to midsize to large companies looking to take the next step in growth. His broad area of expertise include business risk management, business and real estate financial analysis & strategic business development.

Joanna Beck
Joanna is the sales and operations advisor for BatteryXchange
Joanna is the founder of Beck Insights which is a consulting company for startups and small to mid-sized companies.
Joanna is versatile, results-oriented leader with extensive experience in transformation, change management, project management, strategy development, customer relations, and maintaining financial control; a systematic planner and goal achiever. Exemplary communication skills, both written and verbal. High energy level, strong take-charge ability and follow through.

Katie Hughes
Katie Hughes, PhD, is the hardware and international manufacturing advisor for BatteryXchange. With a background in entrepreneurship, solid-state chemistry, management, and entrepreneurship, approaches situations from a blend of scientific and business perspectives. Whether inventing break-through fitness products that reduce injury, or working to bring game-changing green-energy products, like PhelTex to market. Katie brings creative solutions combined with an organized thought process.
Currently, responsible for helping to develop and coordinate research and manufacturing for International Thermodyne's products. They have two very disruptive technologies on the horizon that started off in the lab we are moving them to market place in the form PhelTex and Opal.

CrowdfundNC
CrowdfundNC is an Investment Crowdfunding raise consultancy.

Fourscore Business Law
Business Formation & Legal counsel
S&G International Group
Supports BatteryXchange on initiatives to spread technology products and services to the global market in hopes of securing international exposure and potential funding.

Numag Group Atlanta
Business and campaign marketing management .