Xage Security (2023)

Xage Security (2023)

Closed: Nov. 2023

About this raise

Xage Security, with a valuation of $177 million, is raising funds on OurCrowd through Reg D 506(c) raise. The company provides state-of-the-art cybersecurity services for operational technology and other industrial applications. Xage’s solution, Zero Trust, provides a cybersecurity mesh that does away with traditional network perimeters and authorizes identity and access according to companies’ security policies. Duncan Greatwood, Susanto Irwan, and Roman Arutyunov founded Xage Security in 2016. The current crowdfunding campaign has a minimum target of $11,200 and a maximum target of $560,000. The campaign proceeds will be used for growth and expansion.

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Investment Overview

Invested this round: $270,860

Deal Terms

Platform
OurCrowd
Start Date
11/02/2023
Close Date
11/25/2023
Min. Goal
$11,200
Max Goal
$560,000
Min. Investment

$11,200

Security Type

Equity - Common

Company Stage

Growth Stage

SEC Filing Type

RegD 506(c)

Pre-Money Valuation

$177,000,000

Company & Team

Company

Year Founded
2016
Industry
Security, Cybersecurity, & Defense
Tech Sector
EnterpriseTech
Location
Palo Alto, California
Company Website
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Team

Funding data not publicly available

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/25/2023 OurCrowd $177,000,000 $270,860 Equity - Common Funded RegD 506(c)
12/20/2021 OurCrowd $85,000,000 $2,428,200 Equity - Common Funded RegD 506(c)
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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

Employee History

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Xage Security on OurCrowd 2023
Platform: OurCrowd
Security Type: Equity - Common
Valuation: $177,000,000

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Follow Xage Security on OurCrowd 2023

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Warning: according to the close date for this deal, Xage Security may no longer be accepting investments.

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