Terbine

Growth Stage

The Global Exchange for IoT Data

Analytics

Raised to Date: Raised: $12,323

Aggregate Commitments $

Platform

StartEngine

Start Date

10/04/2021

Close Date

03/29/2022

Min. Goal

$9,998

Max. Goal

$1,049,998

Min. Investment

$242

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$54,964,184

Rolling Commitments $

Status

Active

Reporting Date

10/17/2021

Days Remaining

163

% of Min. Goal

123%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$948

Momentum
cold
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Location

Las Vegas, Nevada

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Business Type

High Growth

Terbine, with a valuation of $55 million, is raising funds on StartEngine. The company has developed a platform for the global exchange of IoT data. The platform takes raw data from machines ranging from land systems to satellites, gives it some context, makes it searchable by users, and makes the data financially valuable. Terbine has raised $3.1 million in previous rounds of financing and is working on building business development relationships. David Knight and Brian Enochson founded Terbine in May 2015. The current crowdfunding campaign has a minimum target of $9,997.92 and a maximum target of $1,049,997.84. The campaign proceeds will be used to take advantage of the third wave of computing and communications.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-607,706

$-1,225,988

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$66,791

$553,167

Accounts Receivable

$0

$0

Total Assets

$452,726

$769,497

Short-Term Debt

$1,363,995

$908,188

Long-Term Debt

$3,299,684

$3,008,750

Total Liabilities

$4,663,679

$3,916,938

Financials as of: 10/04/2021
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Terbine on StartEngine 2021
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Platform: StartEngine
Security Type: Equity - Common
Valuation: $54,964,184

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