Moon Five

About the offering

Powering Multifamily EV Charging at Scale (Moon Five) Company Summary This is a debt offering on the Climatize platform by Moon Five, a Berkeley, California-based company deploying EV charging infrastructure at multifamily housing communities across California. The project targets 20+ multifamily communities, expanding EV charging access for renters who typically lack home charging options. The deployment is supported by a California Energy Commission REACH 3.0 grant, with offering proceeds funding equipment and installation ahead of grant reimbursement and revenue generation. The platform leverages EV batteries and intelligent energy management to reduce charging costs, with estimated savings averaging $800/year (up to $14,000 for high-usage drivers). The offering has raised $94,700 from 79 investors toward a $110,000 goal (86% funded) with a $124,000 maximum. Terms are 9.6% annual interest with a 3-year term. The Problem The shift to electric vehicles is accelerating, but renters in multifamily housing—apartments, condominiums, and multi-unit buildings—are largely excluded from home charging. Unlike single-family homeowners who can install Level 2 chargers in their garages, renters depend on building owners to provide charging infrastructure. Most multifamily properties lack EV charging, creating a major equity gap where EV adoption becomes dependent on housing type. This limits EV adoption among renters (who represent a large share of California's population, particularly in urban areas) and forces them to rely on public charging networks that are more expensive and less convenient than home charging. The Solution Moon Five designs and deploys EV charging systems specifically for the multifamily housing context, addressing both renter and property owner needs. The hardware is built for real-world durability in shared-use environments, and the software makes management effortless for property owners and managers. The platform uses EV batteries and intelligent energy management to optimize charging across building electrical infrastructure—reducing costs and avoiding expensive electrical upgrades that typically make multifamily charging prohibitively expensive. The California Energy Commission REACH 3.0 grant provides non-dilutive funding that de-risks the deployment, with this offering bridging the gap between equipment/installation expenditure and grant reimbursement. Business Model This is a debt investment offering 9.6% annual interest over a 3-year term. Moon Five generates revenue from EV charging fees paid by residents at deployed multifamily sites, potentially supplemented by property owner fees or subscriptions, and grant reimbursements from the California Energy Commission REACH 3.0 program. The model scales by deploying across additional multifamily communities—each site adds recurring charging revenue once installed. No specific revenue, per-site economics, or financial metrics were disclosed beyond the estimated driver savings. Traction The offering has raised $94,700 from 79 investors (86% of the $110,000 goal). A California Energy Commission REACH 3.0 grant has been secured to support deployment. The project targets 20+ multifamily communities across California. No specific number of currently operational sites, installed chargers, active users, or revenue was disclosed. The company's mission focuses on removing barriers between renters and sustainable transportation. Team CEO Stephan Ng leads the company. Chief Deployment Officer Marco Sotela manages installations. Grant Admin Chase Estrin handles the California Energy Commission REACH 3.0 grant administration. Chief Operations Officer Lynne Wander oversees operations. No detailed bios, prior experience, industry backgrounds, or team size were disclosed beyond titles and names.

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