Growth Stage

Superior blockchain alternative using patented technology

Superior blockchain alternative using patented technology


Raised this Round: Raised: $112,500

Total Commitments ($USD)


Silicon Prairie Online

Start Date


Close Date


Min. Goal
Max. Goal
Min. Investment


Security Type

Equity - Common



SEC Filing Type

RegCF    Open SEC Filing

Price Per Share


Pre-Money Valuation


Year Founded



Financial & Insurance Products & Services

Tech Sector


Distribution Model




Capital Intensity



Youngsville, North Carolina

Business Type


RAIDATech, with a valuation of $89.2 million, is raising funds on Silicon Prairie Online. The company aims to use the patented RAIDA technology solutions for various digital currencies and tokenization. As a first step, RAIDATech is taking an existing coin, Cloudcoin, and placing it on various large-scale exchanges. The company is using technology that is more secure, faster, more scalable, and more affordable than blockchain technology. Adam Steven Fogerson founded RAIDATech in 2018. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $2 million. The campaign proceeds will be used for development and staffing costs, promotional and publicity costs, and general operating capital.

Summary Profit and Loss Statement

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Net Income



Summary Balance Sheet

FY 2021 FY 2020




Accounts Receivable



Total Assets



Short-Term Debt



Long-Term Debt



Total Liabilities



Financials as of: 01/02/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
RAIDATech 12/13/2023 Silicon Prairie Online $89,219,325 $112,500 Equity - Common Funded RegCF
RAIDAtech 02/27/2021 truCrowd $15,000,000 $642,565 Equity - Common Funded RegCF
RAIDAtech 10/30/2019 truCrowd $10,700,000 $172,320 Equity - Common Funded RegCF
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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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RAIDATech on Silicon Prairie Online 2023
Platform: Silicon Prairie Online
Security Type: Equity - Common
Valuation: $89,219,325
Price per Share: $2.00

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