Tricycle

Tricycle

Saas company founded to reduce petroleum use and landfill waste in the commercial carpet industry. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD6—9m (Dealroom.co estimates Jan 2004.)
Chattanooga Tennessee (HQ)
  • Edit
DateInvestorsAmountRound
N/A

$25.0k

Seed

$500k

Debt

$1.1m

Series A
N/A

$550k

Debt

N/A

Series B
N/A

N/A

Acquisition
Total FundingCAD1.5m

Recent News about Tricycle

Edit
More about Tricycleinfo icon
Edit

Tricycle Inc. revolutionized the carpet industry in 2002 with its proprietary technology that digitally models carpet machine manufacturing. This technology creates digital renderings that depict carpet color and texture more realistically than traditional photography-based images. Tricycle's innovative approach is utilized by leading carpet manufacturers for prototyping new designs and by designers and architects for creating accurate design tools. The company operates in the carpet manufacturing and design market, serving clients who require precise and realistic carpet samples for their projects. Tricycle's business model focuses on providing digital sampling solutions, which help manufacturers and designers save time and resources by reducing the need for physical samples. The company generates revenue through the sale of its digital sampling technology and customized solutions tailored to the specific needs of its clients.

Keywords: digital sampling, carpet industry, realistic renderings, proprietary technology, design tools, prototyping, manufacturers, architects, customized solutions, resource-saving.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.