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Tricopian, Inc.

Industrial & Manufacturing · Del Mar, CA · Founded 2016

Innovative mobile charging service

Post-money valuation ⓘ
$48.5M
As of Apr 2024 · from Reg CF Offering (2024) · pre-money + amount raised, not a traded price
Total raised
$4,370,985
Crowd $471K · Private $3.9M · 3 rounds since 2015
Latest share price
$3.26
Reg CF · Common Stock · Jan 2024 offering price

Financials

FY2021–FY2025 · from SEC filings · hover any figure for its source
$13.5M
$1.2M
2021
$13.5M
$1.2M
2022
$15.4M
$1.2M
2023
$15.7M
$567K
2024
$17.3M
$461K
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 audited
FY2022 audited
FY2023 audited
FY2024 audited
FY2025 audited
Income statement
Revenue
$13,522,238
$13,522,238
$15,364,711
$15,738,902
$17,297,036
Cost of goods sold
$7,469,907
$7,469,907
$8,122,572
$9,496,179
$10,830,092
Gross margin
45%
45%
47%
40%
37%
Net income
$1,242,727
$1,242,727
$1,242,845
$566,764
$460,545
Taxes paid
$0
$0
$13,119
$0
$0
Balance sheet
Cash
$1,065,610
$1,065,610
$1,873,723
$1,575,779
$277,958
Accounts receivable
$16,479
$16,479
$28,039
$0
$43,778
Total assets
$3,651,854
$3,651,854
$4,609,263
$5,956,577
$5,867,011
Short-term debt
$5,356,887
$5,356,887
$2,459,638
$848,415
$760,647
Long-term debt
$956,445
$956,445
$513,332
$0
$1,085,444
Total liabilities
$6,313,332
$6,313,332
$2,972,970
$848,415
$1,846,091
Other
Headcount
—
40
40
39
39

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$48.0M
pre-money
Reg CF · Common · Jan 2024

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

$3.26$1.63$0.7143
Jul 2015Jan 2024
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Share counts as of May 13, 2026

These classes don't convert into each other and last sold at very different prices, so their share counts can't be added up into ownership percentages. Compare them by price instead.

ClassOutstandingVotes / shareLast price
Preferred Stockpreferred(as of Dec 31, 2025)3,500,000—$0.7143Jul 2015
Common Stock11,225,5101$3.26Jan 2024

Principal holders% as the filing states it, May 13, 2026

  • The CAEN Group, LLC8,000,000 Common Stock61.1%of company
  • Everyone else (not named in filings)38.9%

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $471K / $1.2MInvestors 324Post-money $48.5M
Raised $1.4MInvestors 7

Team

9 people
Chi YauFounder
Co-Founder | CEO | Board Member

Chi Yau has held senior leadership positions in a number of companies ranging from start-ups to major corporations with global presence in the U.S., Asia and Europe. A seasoned battery industry expert, Chi is the CEO and co-founder of Tricopian, Inc. Previously, he was VP of Operations at PowerGenix. His career began at AT&T Bell Laboratories, ascending to executive roles at AT&T/Lucent Technologies. Chi holds degrees in Electrical and Computer Engineering from UT at Austin.

Joe YeagleyFounder
Co-Founder | COO | Board Member

Joe, with 25+ years in the power systems/battery industry, began his career at Liebert Corporation and then joined Exide Electronics of Eaton Corporation, rising to executive roles. In 2004, he ventured into San Diego start-ups and co-founded FuelRod as COO in 2011. He holds a B.S. from Miami University and completed executive programs at Babson College and Cranfield University.

Adriana Lynch
Chief Marketing Officer

Adriana Lynch, with 25+ years in Strategy and Brand Management, excels in creating award-winning strategies for product positioning and brand recognition. Previously, she held roles at Disney, Häagen-Dazs, Pillsbury, P&G, and St. Joseph Health. A P&G Brazil alum, managing Pampers and Always, she holds an MBA from Harvard with Second Year Honors in 1996.

Brian Gore
Chief Financial Officer

Brian Gore is an innovative Finance Leader with vast experience in platform development, forecasting, customer acquisition and team leadership. Skilled in driving institutional effectiveness, he focuses on staff training and mentoring to foster a culture of ownership. His leadership maximizes productivity and efficiency, setting a high standard for partners and exceeding expectations.

Claudio Frescas
Vice President, Sales & Marketing

Claudio Frescas, VP of Sales and Marketing at FuelRod, has 8+ years of experience in wireless and a business management degree, he is skilled in sales, marketing, and working with external agencies. Claudio's strengths in market analytics and content development contribute significantly to FuelRod's growth.

Zhenxiang (Bray) Dai
Vice President, Operations & Engineering

Bray Dai, a global leader in operations and business development, is known for his visionary leadership and expertise in supply chain strategy and engineering. Bray holds an MBA from Tianjin University and is fluent in English and Chinese, excelling in cross-cultural collaboration. At DFWIN International, he directs the vision and marketing strategies, and at TE Connectivity, he significantly improved supply chain efficiency. As Head of Business Development at Alcatel-Lucent, he focused on customer-centric solutions.

Billy Prim
Board Member

Billy D. Prim, Chairman of Primo Capital LLC, invests in sports, CPG, and distribution firms. He founded Primo Water Corp., a leading direct-to-consumer water provider, and Blue Rhino Corp., a top propane exchange provider, later sold to Ferrellgas. Previously, he led American Oil & Gas Company. An Ernst & Young Entrepreneur of the Year awardee, he's involved with the World Presidents' Organization and Wake Forest institutes.

Dajian Yu
Board Member

Mr. Dajian Yu boasts 21+ years in venture capital and senior management across semiconductor, electronic, IT, and pharmaceutical sectors. Since 2010, he's been VP at Silicon Valley China Venture Management LLC and director at Kinetic Technologies, Consensic International, and Tricopian, LLC. Past roles include director of operations at General Parametrics (1985-1996), VP at Topology Corporation (1996-1999), and VP at Fuzhou Tianmeng (2009-2010).

Richard Brenner
Board Member

Richard, a University of Georgia graduate, has led his family's garage door business, Amarr. Under his leadership, Amarr became the third-largest U.S. manufacturer, with 1,600+ employees across 40 states and 3 countries. After selling Amarr to ASSA ABLOY in 2013, he served as Vice-Chairman until 2017. Then, Richard acquired Image Wizards, now Vivid Metal Prints, specializing in aluminum dye-sublimation printing for photographers and businesses.

Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not required3+ reports filed & assets ≤ $10M

Filed 3 of 3 annual reports (FY2023–FY2025)

324 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-ARMay 13, 20260001655749-26-000004
    EDGAR
  • Form C-ARApr 29, 20250001665160-25-000825
    EDGAR
  • Form C-UMay 6, 20240001665160-24-000791
    EDGAR
  • Form C-ARApr 24, 20240001665160-24-000472
    EDGAR
  • Form C-AR/AApr 24, 20240001665160-24-000476
    EDGAR
  • Form C/AFeb 29, 20240001665160-24-000144
    EDGAR
  • Form CFeb 1, 20240001665160-24-000054
    EDGAR
  • Form D/AJan 13, 20170001655749-17-000004
    EDGAR
Source: ManualCIK 0001655749DEShare price $3.26

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.