Katsh Digital ID

Katsh Digital ID

Early Stage

WAVE GOODBYE TO PASSWORDS

WAVE GOODBYE TO PASSWORDS

Overview

Raised to Date: Raised: $8,768

Total Commitments ($USD)

Platform

Netcapital

Start Date

04/30/2024

Close Date

08/09/2024

Min. Goal
$10,001
Max. Goal
$500,000
Min. Investment

$99

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.59

Pre-Money Valuation

$4,720,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/18/2024

Days Remaining

82

% of Min. Goal

88%

% of Max. Goal

2%

Likelihood of Max
unlikely
Avg. Daily Raise

$487

Momentum
cold.svg
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Year Founded

2016

Industry

Security, Cybersecurity, & Defense

Tech Sector

EnterpriseTech

Location

Santa Monica, California

Katsh Digital ID, with a valuation of $4.72 million, is raising funds on NetCapital. It is a password-less identity access platform. Katsh Digital ID provides secure and effortless access across all smart devices with the wave of a hand and uses the user’s palm as the password. The company’s choice of using hand/palm as a biometric solution leads to unparalleled security and inclusivity and empowers users to authorize access voluntarily. The business has 90 million potential end users and has reported a 500% growth of beta testing clients since 2022. Eli Farhood and Joe Farhood founded Katsh Digital ID in June 2016. 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 platform development, equipment and services, operations, legal fees, and marketing.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-137,012

$-91,202

Summary Balance Sheet

FY 2023 FY 2022

Cash

$4,504

$7,672

Accounts Receivable

$0

$0

Total Assets

$7,712

$8,472

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 04/30/2024
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Add to portfolio
Katsh Digital ID on NetCapital 2024
Platform: Netcapital
Security Type: Equity - Common
Valuation: $4,720,000
Price per Share: $0.59

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