Trieu Technologies
Changing the molecular structure of water to disrupt the disinfectant industry!
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
07/15/2020
Close Date
01/13/2021
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$10
Security Type
Debt
Series
Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
01/12/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
# of Investors
52
Momentum
Not Funded
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Year Founded
2020
Industry
Healthcare & Pharmaceuticals
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
High
Trieu Technologies, a disinfecting and surface sanitizing chemicals company, is raising funds on Wefunder. The company manufactures alternative water-based chemicals to disinfect surfaces and replaces toxic chemicals, including ammonia, bleach, and alcohol. Trieu Technologies products are made of salt, water, and electricity to create hypochlorous acid for disinfecting. The company was founded by Pollis Robertson, Jr. in March 2020, who has been working with the HOCL science since 2013. The current round of crowdfunding has a minimum goal of $50,000 and a maximum goal of $1,070,000. The proceeds will be used toward marketing, equipment, raw material and labor, advertising, and working capital. Trieu Technologies is off to a great start with purchase orders of $400,000, expected to be booked in August 2020.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$8,587 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-11,052 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$3,514 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$4,048 |
$0 |
|
Short-Term Debt |
$15,100 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$15,100 |
$0 |
Financials as of: 07/15/2020
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