TRILLION
Early Stage
LEADERS IN GREEN FUEL TECHNOLOGY
Overview
Raised: $577,411
Total Commitments ($USD)
Platform
StartEngine
Start Date
03/27/2022
Close Date
09/14/2022
Min. Goal
$10,000
Max. Goal
$1,069,999
Min. Investment
$480
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$0.48
Pre-Money Valuation
$46,801,601
Rolling Commitments ($USD)
Status
Funded
Reporting Date
09/29/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$3,397
# of Investors
379
Momentum
Funded
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Year Founded
2017
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
TRILLION, with a valuation of $46.8 million, is raising funds on StartEngine. It is a green fuel development and production company that produces high-performance and low-emission fuels. The company’s water in diesel nanoemulsion fuel technology, HydroDiesel+, delivers some of the greatest greenhouse gas reductions and operating cost benefits compared to other hydrocarbon fuels. TRILLION has already invested five years in product development and enhancement and has started small-scale production and trial orders. Alexander Gomez and Michael Brady founded TRILLION in March 2017. The current crowdfunding campaign has a minimum target of $9,999.84 and a maximum target of $1,069,999.20. The campaign proceeds will be used to jumpstart the new facility and market expansion phase.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$7,091 |
$0 |
|
COGS |
$67,024 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-268,470 |
$102,102 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$10,053 |
$2,539 |
|
Accounts Receivable |
$121,881 |
$74,669 |
|
Total Assets |
$324,136 |
$192,990 |
|
Short-Term Debt |
$201,446 |
$138,940 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$201,446 |
$138,940 |
Financials as of: 03/27/2022
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