Terbine

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Security Type
Common Stock
Categories
Technology
Min Investment
$242
Location
Las Vegas, NV
Offering Date
September 30, 2021
Expected Close Date
March 29, 2022
Target Raise
$10.00K-$1.05M
No. Investors
25
Security Price
$4.24
Valuation
$55,000,000
Website
terbine.com
Number of Employees
21
Cash
$66,791
Revenue
$0
Short Term Debt
$1,363,995
Cost of Goods
$0
Long Term Debt
$3,299,684
Net Income
$-607,706

Company Description

Digital technology is now everywhere. Devices and machines generate vast amounts of data. It comes from many different sources with thousands of variations. Most of it is stored in closed systems and effectively the data is kept in silos. Terbine is the global IoT exchange built for data from any type of machine, ranging from land systems to satellites. Terbine takes raw data from machines, gives it context and makes it searchable by users, which in turn can make data financially valuable.

Key Deal Facts

Raised over $3.1 million to-date from Angels/family offices via convertible notes and are pursuing business development relationships with corporate and governmental organizations in our target sectors of mobility, electricity and infrastructure.
The global IoT data management market size to grow from USD 27.54 Billion in 2017 to USD 66.44 Billion by 2022, at a CAGR of 19.3%
Globally scalable business model that bridges several, multi-billion-dollar industries spearheaded by a stalwart team of proven entrepreneurs and experts

Management Team / Advisory Board Bios

David Knight, CEO, President, Secretary, Treasurer, and Director
David is a serial entrepreneur and experienced startup executive with a history of innovation and market development, and a background in core technologies including multi-spectral sensing and communications, messaging, enterprise software and distributed systems. His work ranges from digital entertainment to defense, including setting global communications standards, introducing the first commercial email servers, pioneering online mass storage and more. He was an original member of the XPRIZE team that literally helped launch the private spaceflight industry. An ardent supporter of STEM education, he is a Trustee of the California Science Center Foundation.

Brian Enochson, Co-Founder and CTO
Brian leads all architecture, design and production of the Terbine system. His metadata construct and specifications are the core of the Terbine functional model. He has deep knowledge of highly performant, scalable transaction-based platforms and networks. He is a prominent developer of large systems and applications within Time Warner/HBO, Citigroup and SRA, and a veteran Air Force Staff Sergeant.

Bruce Macurda, COO and CFO
Bruce provides critical strategy and tactical guidance for Terbine. He is a highly seasoned finance and operations leader with tenure in both large publicly traded companies and technology startups. He has held positions at Deloitte, SAP, Grant Thornton and Boeing, along with senior consulting/operating roles in high-growth ventures in the fintech, supply chain and logistics sectors.
Amount Raised : $15,807
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Security Description

Common stock is a security that represents ownership in a corporation.

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