Currency Tracking Technologies
Early Stage
Innovative Solutions for Law Enforcement
Overview
Raised: $1,000
Total Commitments ($USD)
Platform
StartEngine
Start Date
10/31/2019
Close Date
06/03/2020
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$500
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$8,930,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
06/03/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$5
# of Investors
1
Momentum
Not Funded
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Year Founded
2016
Industry
Security, Cybersecurity, & Defense
Tech Sector
Regtech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Currency Tracking Technologies, with a post-money valuation of $10 million, is raising funds on StartEngine. The company has designed and developed innovative software applications and a secure network for law enforcement. The technology of Currency Tracking Technologies can be used to track illegal cash related to a particular case file. Currency Tracking Technologies was founded by Barbara Higgins, Fred Rustmann, Jr., and Elena Fuller in 2016. The proceeds of the current crowdfunding round, with a minimum goal of $10,000 and a maximum goal of $1,070,000, will be used to develop the designed system. Currency Tracking Technologies will soon develop the secure network and database that will be used by law enforcement agencies to thwart and prosecute criminal activities.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-49,694 |
$-6,728 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$8,781 |
$84,182 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$315,506 |
$293,472 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 10/31/2019
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