TechLok

TechLok

Open  for investment

About this raise

TechLok, with a valuation of $9 million, is raising funds on Silicon Prairie Online. The company is empowering the work-from-anywhere lifestyle with its patented security products. TechLok’s products include physical security locks that protect devices from physical theft, portable productivity accessories that help maintain productivity regardless of the environment and interruptions, and advanced power solutions to ensure devices stay powered throughout the workday. The company has established partnerships with three major distributors and secured multiple B2B orders from the City of Seattle, TNT Sports, AutoLiv, and the University of Michigan. Ryan Angott and Paul Angott founded TechLok in May 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $600,000. The campaign proceeds will be used for sales, shows, staffing, inventory expansion, and marketing.

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Investment Overview

Committed this round: $22,000

Deal Terms

Total Commitments

Platform
Silicon Prairie Online
Start Date
04/09/2025
Close Date
04/01/2026
Min. Goal
$50,000
Max Goal
$600,000
Min. Investment

$1,000

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1,000.00

Pre-Money Valuation

$9,090,909

Company & Team

Company

Year Founded
2019
Industry
Consumer Products, Goods & Services
Tech Sector
Hardwaretech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Birmingham, Michigan
Business Type
Growth
Company Website
Visit Website

Team

Employees
9
Prior Founder Exits?
No
Founder Name
Ryan Angott
Title
President
Founder Name
Paul Angott
Title
VP of Engineering

Financials

 Revenue
$25,176
as of FY2024
 Monthly Burn
$111,001
as of FY2024
 Runway
0.9 months
as of FY2024

Summary Profit and Loss Statement

FY 2024 FY 2023

Revenue

$25,176

$495

COGS

$211,469

$124,346

Tax

$0

$0

 

 

Net Income

$-1,332,010

$-796,076

Summary Balance Sheet

FY 2024 FY 2023

Cash

$99,201

$61,286

Accounts Receivable

$132

$0

Total Assets

$277,525

$332,506

Short-Term Debt

$169,034

$90,531

Long-Term Debt

$702,752

$113,726

Total Liabilities

$871,786

$204,257

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$2,300,000
Grants
$20,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/01/2026 Silicon Prairie Online $9,090,909 $22,000 Equity - Common Active RegCF
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Add to portfolio
TechLok on Silicon Prairie Online 2025
Platform: Silicon Prairie Online
Security Type: Equity - Common
Valuation: $9,090,909
Price per Share: $1.00

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