Nokero
Denver, Colorado, United States
About Nokero
Nokero (short for NO KEROsene) designs, manufactures and cooperatively distributes solar products to the developing world. Our products are practical, intuitive, and the most cost-effective on the market. We partner with in-country distributors and support them to reach their full potential. Our internationally patented products such as the iconic N200 solar light bulb and our newly-released RayCel solar phone charger improve security, enable education, and improve income generation. Nokero partners with distributors that sell products to the 1.3B people living without electricity. Distribtors include, for example, commerical partners (e.g. Eureka Forbes with 10,000 door-to-door salesmen in India, and The Hot Bread Bakery of 30 stores in Fiji) and focused non-profits pursuing market-based solutions (e.g. Earthspark International in Haiti, Solar Sister in Uganda, and ShelterBox worldwide). Solar products reduce rural poverty. Nokero`s distributors earn healthy margins and access to dealer tool kits such as sales tool kits. For the end users (our distributor`s customers) our products save them tremendous amounts of money. Example, in a study with the Government of Mexico, un-electrified households who replaced their candles with a Nokero solar bulb saved an average of $0.80 per day. The breakeven was 12 days at full retail prices. Removing daily lighting costs makes funds available for life-improving activities (e.g. education, form investment, etc.)
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 11 – 50
- Estimated revenue: Less than $1M
- Total funding: $1.8M
- Funding stage: Early Stage Venture
- Last round: Series B (Mar 2017)
- Website: nokero.com
- Phone: 303-991-9871
Industries & Categories
Energy, Manufacturing, Social Entrepreneurship, Solar
Social Profiles
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