Fundraising FoxTRX Systems
Greenbelt, US · Maryland corporation · 1 known investors
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Founders & leadership
CP
Carol PolitiPresident, CEO, Board MemberCarol Politi is President and CEO of TRX Systems, which develops positioning, navigation, and timing solutions for GPS-contested environments using satellite, sensor, environmental, and map data.
GB
Gilmer BlankenshipNamed on SEC filing
BF
Benjamin FunkNamed on SEC filing
Board
WA
William ArmisteadBoard director
JA
Jean-Luc AbaziouBoard director
Investors · 1
Reported raises · per SEC filings
Form D private placements$900K disclosed across 2 rounds · 2015–2017
▶$400KraisedApr 2017 · 4 investors · Other TechnologyRule 506(b)
▶$400KraisedApr 2017 · 4 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Gilmer BlankenshipDirector, Promoter
- Benjamin FunkExecutive Officer, Promoter
- William ArmisteadDirector
- Jean-Luc AbaziouDirector
- Carol PolitiExecutive Officer, Director
- Carole TeolisExecutive Officer, Director, Promoter
- Offering amount
- $400K
- Amount sold
- $400K
- First sale
- Mar 2017
- Incorporated
- Corporation, Maryland
- Federal exemptions
- 06b
▶$500KraisedJun 2015 · 1 investors · Other TechnologyRule 506(b)
▶$500KraisedJun 2015 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Gilmer BlankenshipDirector, Promoter
- William ArmisteadDirector
- Carole TeolisExecutive Officer, Director, Promoter
- Benjamin FunkExecutive Officer, Promoter
- Carol PolitiExecutive Officer, Director
- Jean-Luc AbaziouDirector
- Offering amount
- $500K
- Amount sold
- $500K
- First sale
- May 2015
- Incorporated
- Corporation, Maryland
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 1
Companies working in the same space as TRX Systems.
Non-dilutive funding · 24 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| Department of Homeland Security | Phase II | 2021 | $750K |
| U.S. Air ForceAir Force | Phase II | 2020 | $750K |
| U.S. ArmyArmy | Phase II | 2020 | $644.7K |
| U.S. ArmyArmy | Phase II | 2020 | $550K |
| U.S. ArmyArmy | Phase ISTTR | 2020 | $166.5K |
| Department of Homeland Security | Phase I | 2020 | $150K |
| U.S. ArmyArmy | Phase I | 2019 | $107.9K |
| Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects Agency | Phase II | 2018 | $4.9M |
| U.S. Air ForceAir Force | Phase I | 2017 | $150K |
| National Science Foundation | Phase II | 2014 | $724.9K |
| U.S. ArmyArmy | Phase II | 2013 | $1000K |
| Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects Agency | Phase II | 2012 | $2.1M |
| National Science Foundation | Phase I | 2012 | $150K |
| U.S. ArmyArmy | Phase I | 2012 | $100K |
| Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects Agency | Phase II | 2011 | $1.1M |
| Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects Agency | Phase I | 2011 | $148.3K |
| Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects Agency | Phase II | 2010 | $1.2M |
| U.S. ArmyArmy | Phase II | 2010 | $1.2M |
| Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects Agency | Phase II | 2010 | $750K |
| Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects Agency | Phase I | 2009 | $99K |
| National Science Foundation | Phase II | 2008 | $500K |
| U.S. ArmyArmy | Phase I | 2008 | $120K |
| Department of DefenseNational Geospatial-Intelligence Agency | Phase I | 2008 | $100K |
| National Science Foundation | Phase I | 2007 | $100K |
Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.
Frequently asked questions
- Who founded TRX Systems?
- TRX Systems was founded by Carole Teolis.
- Who are TRX Systems's investors?
- TRX Systems's investors include In-Q-Tel.
- How much funding has TRX Systems raised?
- TRX Systems has disclosed $900K raised across 2 rounds.
- Where is TRX Systems headquartered?
- TRX Systems is headquartered in Greenbelt, US.