GUARDD
Early Stage
SaaS platform automating the compliance process for private companies looking to sell secondary shares
Overview
Raised: $0
Total Commitments ($USD)
Platform
SeedInvest
Start Date
12/26/2022
Close Date
01/31/2023
Min. Goal
$25,000
Max. Goal
$1,235,000
Min. Investment
$1,000
Security Type
Convertible Note
Series
Pre-Seed
Funding Type
RegCF / RegD 506(c)
Valuation Cap
$6,000,000
Discount Rate
20%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
01/31/2023
Days Remaining
Not Funded
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Location
Denver, Colorado
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
GUARDD, with a valuation of $6 million, is raising funds on SeedInvest. The company has developed a SaaS platform to automate the compliance process for private companies looking to sell secondary shares. The platform enables private companies to publish ongoing disclosures in a National Securities Manual, qualify for the Manual Exemption, and allow investors to trade securities. GUARDD reported $31,000 in revenue in 2021 and expects to generate $205,000 in 2022. Woodie Neiss, Doug Ellenoff, and Jim Dowd founded GUARDD in August 2018. The current crowdfunding campaign has a minimum RegCF target of $25,000, a minimum raise target of $200,000, and a maximum target of $1.24 million. The campaign proceeds will be used for staff, technical fees, marketing and advertising, rent, software, and operations.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$31,530 |
$0 |
|
COGS |
$6,500 |
$0 |
|
Tax |
$901 |
$0 |
| ||
| ||
|
Net Income |
$2,940 |
$-26,045 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$30,242 |
$955 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$30,242 |
$955 |
|
Short-Term Debt |
$901 |
$0 |
|
Long-Term Debt |
$25,447 |
$0 |
|
Total Liabilities |
$26,348 |
$0 |
Financials as of: 12/26/2022
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Ratings 
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Analyst Report
Pending Review