Atakama

[Closed for Investment] Atakama, with a valuation of $33.35 million, is raising funds on Wefunder. The company has developed the technology to protect data and privacy against cyberattacks. The platform challenges the status quo of conventional data protection and provides unhackable data security with its distributed encryption key management. Atakama’s technology locks each piece of data with its own encryption key, and the key is then split across multiple devices. In this round, the company is offering a warrant option at a discounted valuation to Atakama holders in the previous Wefunder round. Daniel H. Gallancy and Dimitri Nemirovsky founded Atakama in March 2014. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $4 million. The campaign proceeds will be used for salaries, sales and marketing, and advertising.

Expand

Investment Overview

Raised this Round: Raised: $4,407,757

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
10/11/2023
Close Date
11/23/2023
Min. Goal
$50,000
Max. Goal
$4,000,000
Min. Investment

$1,000

Security Type

SAFE

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$33,350,000

Discount

0%

Company & Team

Company

Year Founded
2014
Industry
Security, Cybersecurity, & Defense
Tech Sector
EnterpriseTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
New York, New York
Business Type
High Growth
Company Website
Visit Website

Team

Employees
15
Prior Founder Exits?
No
Founder Name
Dimitri Nemirovsky
Title
COO
Founder Name
Daniel Gallancy
Title
CEO

Financials

as of Fiscal Year 2022
 Revenue +618% YoY
$725,172
 Monthly Burn
$471,808
 Runway
9.3 months

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$725,172

$100,987

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-5,661,697

$-4,676,675

Summary Balance Sheet

FY 2022 FY 2021

Cash

$4,365,539

$182,688

Accounts Receivable

$702,760

$44,564

Total Assets

$5,702,623

$423,211

Short-Term Debt

$1,006,007

$311,752

Long-Term Debt

$14,880,204

$10,098,119

Total Liabilities

$15,886,211

$10,409,871

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$6,598,994
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
06/30/2024 Wefunder $50,000,000 $112,544 SAFE Funded RegCF
11/23/2023 Wefunder $33,350,000 $4,407,757 SAFE Funded RegCF
07/15/2023 Wefunder $29,000,000 $6,584,386 SAFE Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.

Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Atakama on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $33,350,000

Follow company

Follow Atakama on Wefunder 2023

Buy Atakama's Deal Report

Warning: according to the close date for this deal, Atakama may no longer be accepting investments.

Atakama Deal Report

Get Kingscrowd's comprehensive report on Atakama including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Atakama is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Atakama deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge