Overview

Raised to Date: Raised: $189,956

Deal Terms

Investment Momentum

Company Profile

Deal Summary

Financials

Total Commitments ($USD)

Platform

Wefunder

Start Date

02/09/2023

Close Date

07/31/2023

Min. Goal

$50,000

Max. Goal

$1,235,000

Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    

Early Bird Val. Cap

$10,000,000

Valuation Cap

$12,000,000

Discount

0%

Rolling Commitments ($USD)

Status

Funded

Reporting Date

08/05/2023

Days Remaining

Funded

% of Min. Goal

Funded

% of Max. Goal

Funded

Likelihood of Max

Funded

Avg. Daily Raise

$1,111

# of Investors

90

Momentum

Funded

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TruKno

Year Founded

2018

Industry

Security, Cybersecurity, & Defense

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

Aurora, Colorado

Business Type

Growth

Company Website

TruKno, with a valuation of $12 million, is raising funds on Wefunder. The company has developed an AI-powered platform with predictive threat analytics to prevent cyberattacks. The company’s proprietary Adversary Attack Sequence Prediction (AASP) technology allows businesses to track the latest attack sequences used by hackers and build advanced prediction models to reduce the risk of a breach. TruKno is rapidly gaining traction and is projecting a $0.5 million ARR in the first year. Manish Kapoor founded TruKno in October 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for hiring sales and marketing people, hiring software programmers, hiring threat detection engineers, digital marketing, and operations.

Summary Profit and Loss Statement

	FY 2022	FY 2021
Revenue	$45,000	$399
COGS	$2,969	$3,965
Tax	$0	$0
Net Income	$-74,122	$-8,480

Summary Balance Sheet

	FY 2022	FY 2021
Cash	$64,352	$1,584
Accounts Receivable	$0	$0
Total Assets	$158,301	$108,581
Short-Term Debt	$26,171	$2,329
Long-Term Debt	$0	$0
Total Liabilities	$26,171	$2,329

Financials as of: 02/09/2023

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TruKno Founder Manish Kapoor on Proactive Cybersecurity

Cyberattacks are a major problem. From banks to social media platforms to even NASA, nearly everyone with an online presence has some level of vulnerability to hackers. As our world becomes increasingly digitized, the need for strong cybersecurity to combat cyberattacks is only becoming more urgent.

TruKno aims to do its part by combining artificial intelligence (AI) and human experience to protect various organizations from cyberattacks. KingsCrowd sat down with TruKno founder Manish Kapoor to learn more about how the company is helping to transform the cybersecurity industry.

Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.

Read Founder Interview