IdBase (2025)

IdBase (2025)

About this raise

IdBase is raising funds on DealMaker Securities. The company has developed the platform technology to eliminate bots purchasing tickets to live events. IdBase is on a mission to revolutionize organizing, overseeing, and attending in-person events with its core products, authenTICKET and VERIFid. It was purpose-built as an identity-based platform and controls all sales and transfers of tickets in the secondary market by verifying humans instead of fighting the bots. Alan Gelfand founded IdBase in July 2010. The current crowdfunding campaign has a minimum target of $10,300 and a maximum target of $4.99 million. The campaign proceeds will be used for product sales and marketing, R&D, equipment, and operational costs.

Expand

Investment Overview

Funding data not publicly available

Deal Terms

Platform
DealMaker Securities
Start Date
05/05/2025
Close Date
06/27/2025
Min. Goal
$10,300
Max Goal
$4,989,545
Min. Investment

$750

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.40

Pre-Money Valuation

$12,734,194

Company & Team

Company

Year Founded
2010
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Capital Intensity
Location
Vancouver,
Business Type
High Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
Yes
Founder Name
Alan Gelfand
Title
CEO

Funding data not publicly available

Financials

 Revenue
$0
as of FY2023
 Monthly Burn
$11,807
as of Mar '25
 Runway
0.5 months
as of Mar '25

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$525,980

$-381,521

Summary Balance Sheet

FY 2023 FY 2022

Cash

$6,384

$5,000

Accounts Receivable

$0

$0

Total Assets

$23,985

$153,533

Short-Term Debt

$1,009,058

$2,520,699

Long-Term Debt

$35,585

$39,986

Total Liabilities

$1,044,643

$2,560,685

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Company Funding & Growth

Funding history

Total Prior Capital Raised
$10,000
VC Backed?
No
Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
IdBase 06/27/2025 DealMaker Securities $12,734,194 - Equity - Common Active RegCF
IdBase Technologies 06/27/2024 DealMaker Securities - $0 Equity - Common Not Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.

Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
IdBase on DealMaker Securities 2025
Platform: DealMaker Securities
Security Type: Equity - Common
Valuation: $12,734,194
Price per Share: $0.40

Follow company

Follow IdBase on DealMaker Securities 2025

Buy IdBase's Deal Report

IdBase Deal Report

Get Kingscrowd's comprehensive report on IdBase including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether IdBase is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the IdBase deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge