Greener Process Systems

Greener Process Systems

Early Stage

Reducing Port Air Pollution

Reducing Port Air Pollution

Overview

Raised to Date: Raised: $44,468

Total Commitments ($USD)

Platform

StartEngine

Start Date

06/26/2022

Close Date

11/21/2022

Min. Goal
$10,000
Max. Goal
$1,069,998
Min. Investment

$250

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.95

Pre-Money Valuation

$20,003,100

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/29/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$303

# of Investors

57

Momentum
Funded
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Year Founded

2021

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Location

Boca Raton, Florida

Business Type

Growth

Greener Process Systems, with a valuation of $20 million, is raising funds on StartEngine. It is an eco-engineering company that has developed a cutting-edge system to reduce port air pollution. The innovative system of Greener Process Systems captures air pollution from oceangoing ships docked in ports, improves air quality, and prevents health implications. Greener Process Systems has already received a $10 million purchase order to install all three versions of its SETH system in the EU over the next 18-24 months. Matt Sweetwood founded Greener Process Systems in May 2021. The current crowdfunding campaign has a minimum target of $9,999.60 and a maximum target of $1,069,998.15. The campaign proceeds will be used to secure patents in the US and grow.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$29,941

$0

COGS

$0

$0

Tax

$2,284

$0

 

 

Net Income

$8,973

$8,973

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$16,427

$0

Accounts Receivable

$0

$0

Total Assets

$16,427

$0

Short-Term Debt

$10,000

$0

Long-Term Debt

$0

$0

Total Liabilities

$10,000

$0

Financials as of: 06/26/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Greener Process Systems 07/26/2023 Raise Green $15,000,000 $15,700 SAFE Funded RegCF
Greener Process Systems 11/20/2022 StartEngine $20,003,100 $44,468 Equity - Common Funded RegCF
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Price per Share History

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

Valuation History

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.

Employee History

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Greener Process Systems on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $20,003,100
Price per Share: $1.95

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