Trieu Technologies

Neutral
BETA

Changing the molecular structure of water to disrupt the disinfectant industry!

Analytics

Raised to Date: $12,560

Aggregate Commitments $
Platform

Wefunder

Start Date

07/16/2020

Close Date

02/07/2021

Min. Goal

$50,000

Max. Goal

$1,070,000

Min. Investment

$10

Security Type

Debt

Funding Type

RegCF

Series

Seed

Weekly Commitments $
Status

Active

Reporting Date

12/02/2020

Days Remaining

66

% of Min. Goal

25%

% of Max. Goal

1%

Likelihood of Max
Avg. Daily Raise

$90

Momentum
Location

BolingBrook, IL

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

High

Business Type

Growth

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

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