CHRGR on Republic

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CHRGR, the manufacturer of on-the-go, in-hand phone chargers, is raising funds on Republic. The company has a valuation cap of $8 million and manufactures pre-charged batteries that allow users to charge their mobile phones anywhere, at any time, without tethering to an outlet. At the same time, the batteries become an opportunity for advertisers to put their brand names in the hands of the customers. CHRGR was founded by John Mullin and Lucas Hearl in May 2016. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $535,000. CHRGR has reported repeat successes with clients like Red Bull, Instagram, Nike, and Audi, and three-times revenue growth year-over-year since 2016 with revenue of $700,000 in 2018.