Trella Technologies
Grow tall plants in small spaces.
Analytics
Raised: $85,883
Aggregate Commitments $
Platform
Wefunder
Start Date
03/31/2022
Close Date
04/30/2023
Min. Goal
$50,000
Max. Goal
$534,999
Min. Investment
$250
Security Type
Convertible Note
Funding Type
RegCF
Series
Seed
Valuation Cap
$30,000,000
Discount Rate
15%
Rolling Commitments $
Status
Active
Reporting Date
09/25/2022
Days Remaining
217
% of Min. Goal
172%
% of Max. Goal
16%
Likelihood of Max
Avg. Daily Raise
$482
Momentum
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Founder Profile
Location
Bourne, Massachusetts
Industry
Farming & Agriculture
Tech Sector
AgriTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Trella Technologies, with a valuation of $30 million, is raising funds on Wefunder. The company offers innovative solutions for indoor and urban farming. It has developed a patent-pending automated plant-training system that is horizontal to maximize space. Overall, users can grow tall plants in small spaces. The units of Trella Technologies are being distributed across the US, and the company’s revenue has increased by 19 times since the patent was granted. Aja N. Atwood and Andres Chamorro III founded Trella Technologies in 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $534,999. The campaign proceeds will be used for salaries, operations, research and development, and marketing.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$51,599 |
$1,873 |
|
COGS |
$1,815 |
$9,861 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-160,666 |
$-172,805 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$9,880 |
$2,323 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$48,347 |
$2,371 |
|
Short-Term Debt |
$427,719 |
$226,028 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$427,719 |
$226,028 |
Financials as of: 03/31/2022
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