nVIAsoft (2023)

nVIAsoft (2023)

About this raise

nVIAsoft, with a valuation of $93.6 million, is raising funds on PicMii. The company is developing a multimodal contactless hand biometric technology called Verihand. The technology will use AI with a proprietary algorithm and machine learning to bring security into users’ hands. nVIAsoft’s unique patent addresses the limitations of other biometric authentication processes and makes databases virtually unhackable. Bernard D. Garcia founded nVIAsoft in March 2014. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used for operations and research and development.

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Investment Overview

Invested this round: $10,116

Deal Terms

Total Commitments

Platform
PicMii
Start Date
03/03/2022
Close Date
02/28/2023
Min. Goal
$10,000
Max Goal
$1,070,000
Min. Investment

$200

Security Type

Equity - Common

Company Stage

Growth Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.00

Pre-Money Valuation

$93,651,000

Company & Team

Company

Year Founded
2014
Industry
Business Services, Software, & Applications
Tech Sector
Hardwaretech
Distribution Model
B2B
Margin
Medium
Capital Intensity
High
Location
Newark, New Jersey
Business Type
High Growth
Company Website
Visit Website

Team

Employees
7
Prior Founder Exits?
No
Founder Name
Bernard Garcia
Title
Founder, CEO & CTO

Financials

 Revenue
$0
 Monthly Burn
$2,191
 Runway
2.6 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-26,292

$-43,275

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$5,628

$3,898

Accounts Receivable

$0

$0

Total Assets

$60,241

$43,691

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
02/28/2023 PicMii $93,651,000 $10,116 Equity - Common Funded RegCF
02/15/2022 StartEngine $93,651,000 $88,579 Equity - Common Funded RegCF
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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

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Add to portfolio
nVIAsoft on PicMii 2022
Platform: PicMii
Security Type: Equity - Common
Valuation: $93,651,000
Price per Share: $4.00

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Follow nVIAsoft on PicMii 2022

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

nVIAsoft Deal Report

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