Allthenticate

Allthenticate

Early Stage

Use your smartphone to replace your passwords, keys, and cards, for everything

Use your smartphone to replace your passwords, keys, and cards, for everything

Overview

Raised to Date: Raised: $161,758

Total Commitments ($USD)

Platform

Wefunder

Start Date

12/13/2020

Close Date

04/30/2021

Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$250

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

Uncapped

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/01/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,181

# of Investors

154

Momentum
Funded
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Year Founded

2019

Industry

Security, Cybersecurity, & Defense

Tech Sector

EnterpriseTech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Location

Goleta, California

Business Type

High Growth

Allthenticate, a technology company, is raising funds on Wefunder. The company is building an all-in-one smartphone-based solution for all the physical and digital authentication needs. The users will get to interact with the world without the need to worry about their cards, keys, and passwords. Chad Spensky, Evan Blasband, and Rita Mounir founded Allthenticate in 2019 and have raised over $650,000 since its inception. The proceeds of the current crowdfunding round, with a minimum raise of $50,000 and a maximum raise of $250,000, will be used for payroll expenses for interns and full-time employees. Allthenticate system is highly secure and eliminates an entire class of cyberattacks. The company is the first to merge digital and physical access control without compromising security and usability.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-3,674

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 12/13/2020
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Allthenticate on Wefunder
Platform: Wefunder
Security Type: SAFE

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