Xenolith Vault

Xenolith Vault

[Closed for Investment] Xenolith Vault, with a valuation of $12.5 million, is raising funds on Wefunder. The company has developed a hyper-secure digital privacy vault for high-net-worth individuals. The vault will serve as the private data storage solution and protect the private and sensitive information of individuals from prying eyes. Xenolith Vault works on its proprietary Detached Cloud technology that works over the INTRANET. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1,000,000. The campaign proceeds will be used for software and implementation, website development, digital advertising spend, and management payroll.

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Investment Overview

Raised this Round: Raised: $0

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
08/16/2021
Close Date
04/30/2022
Min. Goal
$250,000
Max. Goal
$1,000,000
Min. Investment

$250

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$250.00

Pre-Money Valuation

$12,500,000

Company & Team

Company

Year Founded
2009
Industry
Business Services, Software, & Applications
Tech Sector
Cleantech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Chandler, Arizona
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
James Morand
Title
CEO, Founder
Founder Name
Brett Nordin
Title
Co-Founder

Funding data not publicly available

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/30/2022 Wefunder $12,500,000 $0 Equity - Common Not Funded RegCF
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Xenolith Vault on Wefunder 2021
Platform: Wefunder
Security Type: Equity - Common
Valuation: $12,500,000
Price per Share: $250.00

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