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Greener Process Systems

Operating

Greener Process Systems Inc.

Software & AI · Boca Raton, FL · Founded 2021

Reducing port air pollution

Post-money valuation ⓘ
$20.0M
As of Nov 2022 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$42,702
Across 2 rounds since 2022
Latest share price
$1.95
Reg CF · Common Stock · Jun 2022 offering price

Financials

FY2020–FY2024 (no data for FY2022) · from SEC filings · hover any figure for its source
$0
2020
$30K
−$9K
2021
2022no data
$75K
−$364K
2023
$123K
−$143K
2024
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed
FY2021 reviewed
FY2023
FY2024
Income statement
Revenue
$0
$29,941
$75,265
$123,481
Cost of goods sold
$0
$9,223
$30,598
$56,584
Gross margin
—
69%
59%
54%
Net income
$0
-$8,973
-$364,258
-$143,141
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$0
$16,427
$76,549
$15,830
Accounts receivable
$0
$0
$0
$0
Total assets
$0
$16,427
$76,549
$15,830
Short-term debt
$0
$0
$0
$0
Long-term debt
$0
$0
$472,500
$590,000
Total liabilities
$0
$0
$472,500
$590,000
Other
Headcount
—
10
—
6

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
$20.0M
pre-money
Reg CF · Common · Jun 2022

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

Cap table

Principal holders% as the filing states it, May 7, 2024

  • Enrico Festa33.3%of company
  • Maurizio Sole Festa33.3%of company

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

Reg CF · SAFE · Jan 2023Closedvia Raise Green, Inc.
Raised $16.2K / $573K
Raised $26.5K / $1.1MInvestors 54Post-money $20M

Team

4 people
Enrico FestaFounder
CTO & Director

Enrico brings over 35 years of environmental management systems experience. He has led several research and prototyping projects with the partnership of Italian Universities such as “Study of the behavior of aerosol particles in strong electrostatic fields” and “VOC abatement in industrial exhausts”. He is an external expert for the EU Commission to assist in the evaluation of grant applications, projects, and tenders, and to provide opinions and advice in specific cases. , Enrico is also a Consultant of the key-partner company Tri-Mer Global Technologies, for which he currently advises (10hrs/week) and is the owner of many proprietary environmental technologies, lending his experience in unit operations based upon the use of water for the abatement of the industrial exhaust pollutants Enrico holds an MS in Chemical Engineering and post-degree courses in Fluid Catalytic Cracking Engineering and Petrochemical Safety Process. Enrico Festa works approximately 35 hours per week at Greener Process and approximately 10 hours per week as Sales and Marketing Advisor for Trimer Global Technologies.

Matt SweetwoodFounder
CEO & Director

Matt has over 30 years of Founder, CEO, and serial entrepreneurial experience and has been credited with the reinvention of the modern camera store, as well as the country’s largest in-store photography education program. He was able to scale up his company from $1M to $100M and had a successful exit. He is a frequent national TV and publication contributor and has a #1 best-selling book: “Leader of the Pack: How a single dad of five led his kids, his business, and himself from disaster to success.” Matt is the founder of Luxnow Inc and Insurious LLC, but 99% of his time is devoted to Greener. Matt holds a BA degree in Mathematics from Rutgers University, an MA in Theoretical Mathematics from the University of Pennsylvania, and a Ph.D. in Computer Science. He spends 99% of his time working for Greener Process and the remainder working for prior businesses he founded, Luxnow Inc. and Insurious LLC.

Maurizio FestaFounder
COO & Director

Maurizio brings 18+ years of development experience in the mobile industry. He is an award-winning open innovation specialist that contributed to bringing to market the world’s first Microsoft Mobile device as well as the launching of the Windows10 eco-system. He has worked with Toshiba, Qualcomm, D.A.R.P.A., and Google in the development and conceptualization of the Google Project, ARA. Among his many professional accolades, Festa has been awarded two patents and co-founded Vyu360 – a brand developed from the ground up starting with a 400% over goal crowdfunding campaign (Kickstarter). He has extensive leadership skills and experience along with valuable technical and creative skills. Maurizio holds a BS in Computer Science and a dual master's degree in Engineering & Aeronautics from the Universitá di Bologna, Italy.

Maurizio Sole Festa
COO

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 requiredFiled Form C-TR (terminated reporting)

Filed 1 of 4 annual reports (FY2022–FY2025)

54 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 7, 20240001747584-24-000035
    EDGAR
  • Form C-TRMay 7, 20240001747584-24-000036
    EDGAR
  • Form C-UAug 14, 20230001747584-23-000042
    EDGAR
  • Form C-UAug 1, 20230001747584-23-000040
    EDGAR
  • Form C/AApr 27, 20230001747584-23-000019
    EDGAR
  • Form CJan 26, 20230001747584-23-000002
    EDGAR
  • Form C-UNov 23, 20220001665160-22-002974
    EDGAR
  • Form C/ASep 15, 20220001665160-22-002413
    EDGAR
Source: ManualCIK 0001934301DEShare price $1.95

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.