Tricopian, Inc.
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Tricopian, Inc. - overview
Established
2011
Location
Del Mar, CA, US
Primary Industry
Consumer Products
About
Tricopian, Inc. delivers on-the-go charging solutions through its innovative FuelRod product, enabling seamless power access for devices in high-traffic areas such as airports and theme parks. Tricopian, Inc. specializes in portable charging solutions, notably through its FuelRod product.
Founded in 2011, the company is headquartered in Del Mar, California, US. The venture was co-founded by Chi Yau and Joe Yeagley, with Chi Yau serving as the CEO. The company has raised a total of USD 1. 4 mn in VENTURE DEBT funding, with its most recent funding round occurring on September 14, 2017.
To date, Tricopian has engaged in 2 deals. FuelRod's key offering is its swappable portable charger, which addresses the rising demand for mobile charging in the digital age. The FuelRod Kit features a 3,200 mAh capacity portable charger and is designed for usability with an LED interface, power button, and USB-C connector. Customers can exchange their depleted chargers at FuelRod kiosks located nationwide, primarily targeting high-traffic locations such as airports and theme parks.
Tricopian, Inc. generates revenue through the sale of FuelRod Kits and service fees for charger swaps at kiosks. Customers pay for the initial kit, which includes multiple cables, and subsequently pay a small fee for exchanging depleted chargers, creating a recurring revenue stream. This model serves both individual users and businesses seeking to offer charging solutions to enhance customer experiences.
Tricopian, Inc. plans to expand its product offerings with new designs for its charging solutions, although specific details about upcoming releases have not been disclosed. The company intends to enter new markets by increasing its kiosk presence outside the current locations, with a focus on regions that have high foot traffic. The recent funding from September 2017 will support these initiatives, which aim to enhance accessibility and user experience.
The company is strategically positioning itself to capitalize on the increasing need for mobile charging solutions.
Current Investors
Decathlon Capital Partners
Primary Industry
Consumer Products
Sub Industries
Consumer Electronics, Energy Storage & Batteries
Website
www.fuel-rod.com
Verticals
E-commerce
Company Stage
Growth Stage/Expansion
Total Amount Raised
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