Veriglif

Veriglif

Early Stage

Giving stakeholders real control in data collection and use

Giving stakeholders real control in data collection and use

Overview

Raised to Date: Raised: $148,183

Total Commitments ($USD)

Platform

StartEngine

Start Date

10/29/2020

Close Date

04/27/2021

Min. Goal
$10,000
Max. Goal
$1,030,988
Min. Investment

$300

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.59

Pre-Money Valuation

$7,020,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/01/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$828

# of Investors

175

Momentum
Funded
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Year Founded

2018

Industry

Security, Cybersecurity, & Defense

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

New York, New York

Business Type

Growth

Veriglif, with a pre-money valuation of $7.02 million, is raising crowdfunding on StartEngine. The platform is changing how personal data is used, permissioned, and compensated. The users will get to participate in incentive-based plans to share their data with data buyers in a verified and privacy-compliant manner. Veriglif increases the monetization and transparency for consumers while improving the quality of data for data buyers. James Wilson founded Veriglif in 2018. The proceeds of the current crowdfunding campaign, with a minimum goal of $9,999.91 and a maximum goal of $1,030,988.42, will be used to enhance the platform, develop consumer controls, and scale sales and promotion capability. Veriglif is in active discussions to access over 275 million records and 1,000 unique data points with companies like IBM and Survey Monkey.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$300,303

$0

Tax

$0

$0

 

 

Net Income

$-355,839

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$121,138

$32,247

Accounts Receivable

$36,085

$2,843

Total Assets

$360,185

$35,090

Short-Term Debt

$318,916

$0

Long-Term Debt

$397,018

$35,000

Total Liabilities

$715,934

$35,000

Financials as of: 10/29/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Veriglif 04/26/2021 StartEngine $7,020,000 $148,183 Equity - Preferred Funded RegCF
Veriglif 09/30/2019 Wefunder $7,000,000 $340,103 Convertible Note Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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Veriglif on StartEngine
Platform: StartEngine
Security Type: Equity - Preferred
Valuation: $7,020,000
Price per Share: $0.59

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