CYBR

CYBR

Growth Stage

Finding the Needle in the Cyber Haystack with Artificial Intelligence

Finding the Needle in the Cyber Haystack with Artificial Intelligence

Overview

Raised this Round: Raised: $113,778

Total Commitments ($USD)

Platform

Republic

Start Date

06/27/2024

Close Date

08/27/2024

Min. Goal
$50,000
Max. Goal
$5,000,000
Min. Investment

$300

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$14,000,000

Discount

0%

Year Founded

2022

Industry

Security, Cybersecurity, & Defense

Tech Sector

EnterpriseTech

Location

Strasburg, Virginia

CYBR, with a valuation of $14 million, is raising funds on Republic. The company has developed software that uses artificial intelligence to detect problematic files that other safeguards miss. CYBRScan is a disruptive technology that addresses the issue of illicit file activity and is a must-have for any government, education, commercial, or non-profit organization. The company has key technology sharing and integration partnerships with IBM, AWS, and Raytheon and is leveraging consortium relationships for ME/NA regional growth. John Wilson Cochran founded CYBR in June 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5 million. The campaign proceeds will be used for technology and product development, sales and marketing, infrastructure, and general working capital.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$3,566,719

$3,566,719

COGS

$2,459,555

$2,497,348

Tax

$0

$0

 

 

Net Income

$501,263

$458,137

Summary Balance Sheet

FY 2023 FY 2022

Cash

$1,979,505

$984,327

Accounts Receivable

$0

$0

Total Assets

$3,611,799

$2,577,797

Short-Term Debt

$780,100

$755,100

Long-Term Debt

$2,907,716

$2,625,230

Total Liabilities

$3,687,816

$3,380,330

Financials as of: 06/27/2024
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CYBR on Republic 2024
Platform: Republic
Security Type: SAFE
Valuation: $14,000,000

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Follow CYBR on Republic 2024

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