IT Security Solutions

IT Security Solutions

Early Stage

Cybersecurity solutions to protect, detect and respond to attackers already inside the network.

Cybersecurity solutions to protect, detect and respond to attackers already inside the network.

Overview

Raised to Date: Raised: $14,105

Total Commitments ($USD)

Platform

Netcapital

Start Date

07/12/2022

Close Date

04/27/2023

Min. Goal
$10,010
Max. Goal
$1,001,000
Min. Investment

$104

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$13.00

Pre-Money Valuation

$6,500,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$49

Momentum
Funded
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Year Founded

2018

Industry

Security, Cybersecurity, & Defense

Tech Sector

EnterpriseTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Pittsburgh, Pennsylvania

Business Type

High Growth

IT Security Solutions, with a valuation of $6.5 million, is raising funds on NetCapital. The company provides cybersecurity solutions to detect and respond to attackers who are already inside the network. The business also simplifies the cybersecurity process by educating the clients and empowering them to protect their assets, implement actionable compliance, and provide more visibility for unseen activities. IT Security Solutions’ ITS Safe security appliance is designed with advanced cyber threats in mind and provides real-time protection against ransomware and zero-day exploits. Albert Whale and Jonnet Solomon founded IT Security Solutions in June 2018. The current crowdfunding campaign has a minimum target of $10,010 and a maximum target of $1,001,000. The campaign proceeds will be used for product development, business development, customer support, patents, and general and administrative expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-2,250

$-1,280

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,325

$1,371

Accounts Receivable

$0

$0

Total Assets

$1,325

$1,371

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 07/12/2022
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IT Security Solutions on NetCapital 2022
Platform: Netcapital
Security Type: Equity - Common
Valuation: $6,500,000
Price per Share: $13.00

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Follow IT Security Solutions on NetCapital 2022

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Warning: according to the close date for this deal, IT Security Solutions may no longer be accepting investments.

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