RAIDAtech (2019)
About this raise
RAIDAtech, a superior blockchain alternative with a pre-money valuation of $10.7 million, is raising funds on TruCrowd. The company has a patented RAIDA technology that can be explored and implemented by any company looking at using blockchain. RAIDAtech aims to use its technology in asset tokenization, customer engagement, secure communication, anti-counterfeiting, and medication adherence. RAIDAtech was founded by Sean H. Worthington in August 2018. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the proceeds will be used for R&D, sales and marketing, and human resources and operations. The technology of RAIDAtech is scalable, fast, secure, affordable, and eco-friendly and is capable enough to challenge the existing players in the blockchain space.
Investment Overview
Invested : $172,320
Deal Terms
Total Commitments
- Platform
- truCrowd
- Start Date
- 07/09/2019
- Close Date
- 10/31/2019
$10,000
$1,070,000
$200
Equity - Common
Early Stage
RegCF
$1.00
$10,700,000
Company & Team
Company
- Year Founded
- 2018
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2B
- Margin
- Capital Intensity
- Location
- Youngsville, North Carolina
- Company Website
-
Visit Website
Team
- Employees
- 1
Financials
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Company Funding & Growth
Funding history
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| RAIDATech | 12/14/2023 | Silicon Prairie Online | $89,219,325 | $112,500 | Equity - Common | Funded | RegCF |
| RAIDAtech | 02/28/2021 | truCrowd | $15,000,000 | $642,565 | Equity - Common | Funded | RegCF |
| RAIDAtech | 10/31/2019 | truCrowd | $10,700,000 | $172,320 | Equity - Common | Funded | RegCF |
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.