Trella Technologies
[Closed for Investment] 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.
Investment Overview
Raised: $77,083
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 03/31/2022
- Close Date
- 10/25/2022
$50,000
$534,999
$250
Convertible Note
Seed
RegCF
$30,000,000
15%
Company & Team
Company
- Year Founded
- 2016
- Industry
- Farming & Agriculture
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +2,654% YoY
- $51,599
- Monthly Burn
- $13,389
-
Runway
- 0.7 months
- Gross Margin
- 96%
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $375,060
- VC Backed?
- No
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
Founder Profile
Trella Technologies Founder Aja Atwood on Solving Food Insecurity
Food insecurity existed before the COVID-19 pandemic. However, blows to the economy and supply chain issues are aggravating the problem in many countries, and some fear that the war in Ukraine will raise food prices further. Innovations in food production may help combat this crisis.Trella Technologies’s patented technology, TrellaGro LST, is a stackable indoor farming solution that teaches tall plants to grow in small spaces. TrellaGro LST is made of recyclable materials and has low energy consumption, and it comes with an app that allows users to monitor plant growth and indoor climate. We reached out to co-founder and CEO Aja Atwood to learn about the origin of the company and future product developments.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.