Trella Technologies

Trella Technologies

[Closed for Investment] Trella Technologies, with a valuation cap of $30 million, is raising on StartEngine. The company offers innovative solutions for indoor and urban farming. It has developed a patent-pending automated plant-training system which is horizontal to maximize space. Overall, users can grow tall plants in small spaces. Trella Technologies was founded by Aja N. Atwood and Andres Chamorro III in 2016. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $107,000, will be used for software development, product testing, and sales and marketing. Trella Technologies has excellent future potential as it is tapping into the commercial farming industry uniquely.

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Investment Overview

Raised this Round: Raised: $368,687

Deal Terms

Total Commitments ($USD)

Platform
StartEngine
Start Date
03/20/2019
Close Date
02/10/2021
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$200

Security Type

Convertible Note

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$30,000,000

Discount

20%

Company & Team

Company

Year Founded
2016
Industry
Farming & Agriculture
Tech Sector
AgriTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
High
Location
Bourne, Massachusetts
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Aja Atwood
Title
CEO
Founder Name
Andres Chamorro
Title
VP of Engineering

Financials

 Revenue
$68
 Monthly Burn
$3,660
 Runway
4.2 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$68

$0

COGS

$22,348

$4,409

Tax

$0

$0

 

 

Net Income

$-43,923

$-16,852

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$15,438

$0

Accounts Receivable

$0

$0

Total Assets

$22,543

$5,605

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/25/2022 Wefunder $30,000,000 $77,083 Convertible Note Funded RegCF
02/10/2021 StartEngine $30,000,000 $368,687 Convertible Note Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Trella Technologies on StartEngine
Platform: StartEngine
Security Type: Convertible Note
Valuation: $30,000,000

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Warning: according to the close date for this deal, Trella Technologies may no longer be accepting investments.

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