Edge
About this raise
Edge, with a valuation of $10 million, is raising funds on Wefunder. The company has developed a decentralized data security platform for private and decentralized applications. The platform, Airbitz, enables developers to build apps that secure users’ data by encrypting the data before it ever touches a network or server. The company has had over 200,000 installs of the Airbitz wallet, with almost 800 new installs every day. Paul Puey and Kevin Sullivan founded Edge in October 2013. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1 million. The campaign proceeds will be used to pay for third-party app integrations, hire engineers, and bring in new partnerships.
Investment Overview
Invested : $304,708
Deal Terms
- Platform
- Wefunder
- Start Date
- 10/24/2016
- Close Date
- 12/10/2016
$100,000
$1,000,000
$100
SAFE
RegCF
$10,000,000
0%
Company & Team
Company
- Year Founded
- 2013
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Location
- San Diego, California
- Company Website
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Team
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/10/2016 | Wefunder | $10,000,000 | $304,708 | SAFE | Funded | RegCF |