Fundraising Fox

Basic Power

East Stroudsburg, US · Founded 2014 · Pennsylvania corporation

BPU makes the Basic Power Unit (BPU), a solid-state energy management system based on patented twin toroidal power quality transformer technology that reduces electricity consumption and demand while protecting electrical and electronic equipment. It offers models for 480V, 208V, and 120/240V residential systems, serving businesses and building operators across North America, Europe, and the Middle East.

Founders & leadership

SJ
Stephen J WashingtonExecutive
JP
James PeetExecutive
MR
Michael Robert PeelishExecutive
GJ
Guy John LesticianNamed on SEC filing

Board

WS
Walter SkayhanBoard director

Reported raises · per SEC filings

Form D private placements

$375K disclosed across 1 round · 2017

$375KraisedFeb 2017 · 6 investors · Other Technology
Rule 506(c)
Officers, directors & promoters on the filing
  • Stephen J WashingtonExecutive Officer, Director
  • James PeetExecutive Officer, Director
  • Michael Robert PeelishExecutive Officer, Director
  • Guy John LesticianExecutive Officer, Director
  • Walter SkayhanDirector
Amount sold
$375K
Minimum investment
$25K
First sale
Jan 2017
Incorporated
Corporation, Pennsylvania, 2014
Federal exemptions
06c
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 1

by search overlap

Companies competing with Basic Power for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does Basic Power do?
BPU makes the Basic Power Unit (BPU), a solid-state energy management system based on patented twin toroidal power quality transformer technology that reduces electricity consumption and demand while protecting electrical and electronic equipment. It offers models for 480V, 208V, and 120/240V residential systems, serving businesses and building operators across North America, Europe, and the Middle East.
How much funding has Basic Power raised?
Basic Power has disclosed $375K raised across 1 round.
Where is Basic Power headquartered?
Basic Power is headquartered in East Stroudsburg, US.