OpenAVN

OpenAVN

Closed: Dec. 2019

About this raise

OpenAVN, with a valuation cap of $4.5 million, is raising crowdfunding on SeedInvest. The company has implemented artificial intelligence and blockchain to develop world’s first decentralized antivirus and malware protection system. OpenAVN has been designed as both a gateway to real-time threat intel and as an endpoint protection software. The company was founded by Harish Prasanna and Bidlur Shivaprakash and has raised $210,000 in its pre-seed round of funding. The current crowdfunding round has a minimum target of $350,000 and a maximum target of $500,000, and the proceeds will be used for sales & marketing, development, operations, and salaries. OpenAVN already has over 180 early adopters and beta testers and is under the SOC2 standard certification audit.

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Investment Overview

Invested this round:
$25,100 - RegCF
$420,100 - Total

Deal Terms

Total Commitments

Platform
SeedInvest
Start Date
12/02/2019
Close Date
12/27/2019
Min. Goal
$25,000
Max Goal
$500,000
Min. Investment

$1,000

Security Type

Convertible Note

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Valuation Cap

$4,500,000

Discount

0%

Company & Team

Company

Year Founded
2019
Industry
Security, Cybersecurity, & Defense
Tech Sector
Location
Long Island City, New York
Company Website
Visit Website

Team

Employees
7

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/27/2019 SeedInvest $4,500,000 $420,100 Convertible Note Funded RegCF / RegD 506(c)
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OpenAVN on SeedInvest
Platform: SeedInvest
Security Type: Convertible Note
Valuation: $4,500,000

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

OpenAVN Deal Report

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