TrillBit Overview
- Year Founded
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2016
- Status
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Private
- Employees
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16
- Latest Deal Type
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Seed
- Latest Deal Amount
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$1.5M
- Investors
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9
TrillBit General Information
Description
Developer of a data over a sound product designed to transform any speaker and mic into a data transfer device. The company's proprietary acoustic technology created a near ultrasonic communication link that can send authentication information and data packets from any speaker or media device to a smartphone without any network, enabling clients with secure encrypted authentications that are scalable and have no deployments costs.
Contact Information
Website
www.trillbit.comCorporate Office
- 55 Court Street
- Floor 2
- Boston, MA 02108
- United States
Corporate Office
- 55 Court Street
- Floor 2
- Boston, MA 02108
- United States
TrillBit Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Seed Round | 11-Sep-2021 | $1.5M | Completed | Generating Revenue | ||
| 7. Accelerator/Incubator | 01-May-2021 | Completed | Generating Revenue | |||
| 6. Seed Round | 13-Sep-2020 | Completed | Generating Revenue | |||
| 5. Seed Round | 01-Jan-2020 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 10-Jun-2019 | Completed | Startup | |||
| 3. Accelerator/Incubator | 22-Apr-2019 | Completed | Startup | |||
| 2. Accelerator/Incubator | 20-Apr-2019 | Completed | Startup | |||
| 1. Accelerator/Incubator | 01-Aug-2018 | Completed | Startup |
TrillBit Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-2 | ||||||||
| Seed-1 | ||||||||
| Seed | 1,348,038 | $0.001000 | $0.82 | $0.82 | 1x | $0.82 | 14.66% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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TrillBit Comparisons
Industry
Financing
Details
TrillBit Competitors (2)
One of TrillBit’s 2 competitors is LISNR, a Venture Capital-Backed company based in Cincinnati, OH.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| LISNR | Venture Capital-Backed | Cincinnati, OH | ||||
| ToneTag | Venture Capital-Backed | Bengaluru, India |
TrillBit Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
TrillBit Patents
TrillBit Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240429965-A1 | Multi-user wireless digital communication over sound wave in air by coupling direct sequence spread spectrum - orthogonal frequency division multiplexing (dsss-ofdm) for low snr regime | Active | 26-Nov-2021 | ||
| US-20250365031-A1 | Multi-user wireless digital communication over sound wave in air by coupling direct sequence spread spectrum - orthogonal frequency division multiplexing (dsss-ofdm) for low snr regime | Pending | 26-Nov-2021 | ||
| WO-2023097023-A2 | Multi-user wireless digital communication over sound wave in air by coupling direct sequence spread spectrum - orthogonal frequency division multiplexing (dsss-ofdm) for low snr regime | Inactive | 26-Nov-2021 | ||
| WO-2023097023-A3 | Multi-user wireless digital communication over sound wave in air by coupling direct sequence spread spectrum-ofdm | Inactive | 26-Nov-2021 | ||
| US-12237864-B2 | Multi-user wireless digital communication over sound wave in air by coupling direct sequence spread spectrum—orthogonal frequency division multiplexing (dsss-ofdm) for low snr regime | Active | 26-Nov-2021 | H04B1/711 |
TrillBit Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
TrillBit Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Refex Capital | Venture Capital | Minority | ||
| ShiftAltCap | Venture Capital | Minority | ||
| Hyper Accelerator | Accelerator/Incubator | Minority | ||
| Good Growth Capital | Venture Capital | Minority | ||
| Upscale Strategies Fund | Venture Capital | Minority |
TrillBit FAQs
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When was TrillBit founded?
TrillBit was founded in 2016.
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Where is TrillBit headquartered?
TrillBit is headquartered in Boston, MA.
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What is the size of TrillBit?
TrillBit has 16 total employees.
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What industry is TrillBit in?
TrillBit’s primary industry is Wireless Communications Equipment.
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Is TrillBit a private or public company?
TrillBit is a Private company.
-
What is the current valuation of TrillBit?
The current valuation of TrillBit is .
-
What is TrillBit’s current revenue?
The current revenue for TrillBit is .
-
How much funding has TrillBit raised over time?
TrillBit has raised $3.12M.
-
Who are TrillBit’s investors?
Refex Capital, ShiftAltCap, Hyper Accelerator, Good Growth Capital, and Upscale Strategies Fund are 5 of 9 investors who have invested in TrillBit.
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Who are TrillBit’s competitors?
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