Dteckt

Dteckt

Closed: Sep. 2022

About this raise

Dteckt, with a valuation of $10 million, is raising funds on Wefunder. The company provides enterprise-level cyber security for modern consumers. The business gives individuals the information and technology required to protect themselves digitally and defend against modern-day cyber threats. Dteckt already has a partnership with a large financial institution and an ARR of $105,000. Matt DeVico founded Dteckt in October 2019. The current crowdfunding campaign has a minimum target of $400,000 and a maximum target of $2,500,000. The campaign proceeds will be used for marketing, wages and benefits, internal operations technology, payment processing, and hiring development personnel.

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Investment Overview

Invested this round: $915,931

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
05/10/2022
Close Date
09/16/2022
Min. Goal
$400,000
Max Goal
$2,500,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

30%

Company & Team

Company

Year Founded
2019
Industry
Security, Cybersecurity, & Defense
Tech Sector
EnterpriseTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
Holladay, Utah
Business Type
High Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Matt DeVico
Title
CEO

Financials

 Revenue
$134,836
 Monthly Burn
Profitable
 Cash on Hand
$54,720

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$134,836

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$40,223

$-7,036

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$54,720

$8,089

Accounts Receivable

$0

$0

Total Assets

$81,996

$11,964

Short-Term Debt

$3,934

$0

Long-Term Debt

$0

$0

Total Liabilities

$3,934

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/16/2022 Wefunder $10,000,000 $915,931 SAFE Funded RegCF
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Add to portfolio
Dteckt on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $10,000,000

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Follow Dteckt on Wefunder 2022

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