Atakama

Atakama

Growth Stage

Warrant for Discount Price Investment

Warrant for Discount Price Investment

Overview

Raised to Date: Raised: $4,442,727

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/10/2023

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%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/29/2023

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

$103,319

# of Investors

2,711

Momentum
Funded
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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

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.

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

Financials as of: 10/10/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Atakama 06/29/2024 Wefunder $50,000,000 $0 SAFE Active RegCF
Atakama 11/22/2023 Wefunder $33,350,000 $4,442,727 SAFE Funded RegCF
Atakama 07/14/2023 Wefunder $29,000,000 $6,584,386 SAFE Funded RegCF
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Price per Share History

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

Valuation History

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.

Employee History

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Atakama on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $33,350,000

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