iVALT

iVALT

iVALT, with a valuation of $45 million, is raising funds on Mundial Financial Group. The company is developing zero-trust enterprise identity solutions that go beyond usernames, passwords, and two-factor authenticator apps. iVALT’s Universal Biometric ID is a single user ID that can be used for everything and eliminates the need for passwords entirely. The identity solutions of iVALT do not rely on biometrics and leverage smartphone capabilities to create a patented combination of device ID, biometrics, location, time window, and app code. Baldev Krishan and Brian Stout founded iVALT in January 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $500,000. The campaign proceeds will be used for growth and expansion.

Expand

Investment Overview

Raised this Round: Raised: $45,501

Deal Terms

Total Commitments ($USD)

Platform
Mundial Financial Group
Start Date
04/10/2024
Close Date
12/31/2024
Min. Goal
$10,000
Max. Goal
$1,200,000
Min. Investment

$500

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.50

Pre-Money Valuation

$45,000,000

Company & Team

Company

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

Team

Founder Name
Baldev Krishan
Title
CEO
Founder Name
Brian Stout
Title
CPO

Financials

as of Fiscal Year 2023
 Revenue
$20,333
 Monthly Burn
$10,401
 Runway
16.5 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$20,333

$16,667

COGS

$0

$0

Tax

$1,279

$800

 

 

Net Income

$-124,808

$-24,303

Summary Balance Sheet

FY 2023 FY 2022

Cash

$171,230

$1,015

Accounts Receivable

$0

$0

Total Assets

$173,299

$1,015

Short-Term Debt

$0

$202,341

Long-Term Debt

$0

$0

Total Liabilities

$0

$202,341

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.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$275,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/31/2024 Mundial Financial Group $45,000,000 $45,501 Equity - Common Active RegCF
Create a free account today to gain access to Kingscrowd analytics.
Add to portfolio
iVALT on Mundial Financial Group 2024
Platform: Mundial Financial Group
Security Type: Equity - Common
Valuation: $45,000,000
Price per Share: $0.50

Follow company

Follow iVALT on Mundial Financial Group 2024

Buy iVALT's Deal Report

iVALT Deal Report

Get Kingscrowd's comprehensive report on iVALT including:

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

Buy the iVALT deal report for only $10!

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