i2Chain

Encrypted, Permissioned, & Traceable Information Artifacts.

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Form C
View on Republic
Security Type
Crowd SAFE
Categories
Technology
Min Investment
$100
Location
SAN RAMON, CA
Offering Date
May 17, 2023
Expected Close Date
August 15, 2023
Target Raise
$150.00K-$1.24M
No. Investors
5
Security Price
$1
Website
i2chain.com
Number of Employees
3
Cash
$253,783
Revenue
$297,505
Short Term Debt
$1,376,514
Cost of Goods
$159,730
Long Term Debt
$1,362,900
Net Income
$-583,346

Company Description

i2Chain’s patent pending tech is file-type,
storage-type and transport-type agnostic

Perks

Invest
$10,000
Receive
i2Chain's lifetime 10-user subscription license.

Invest
$25,000
Receive
i2Chain's lifetime 25-user subscription license.

Invest
$50,000
Receive
a) i2Chain's lifetime 50-user subscription license.
b) Invite to annual executive briefing.

Invest
$100,000
Receive
a) i2Chain's lifetime 100-user subscription license.
b) Invite to i2Chain's Exec briefing & Annual board meeting.

Key Deal Facts

Encrypted & ransom-proof digital documents & information artifacts
Lifetime security, privacy compliance & traceability
Democratized secure communication via email, text, Slack, or Teams
2020-2021: Raised $2.8M | ~$300k revenue in 2022 (6x YoY growth)
Three patents and additional three patents pending
A unique app for privacy & security of information within a $202B TAM
Projecting $1M+ ARR in a year

Management Team / Advisory Board Bios

Ajay Jotwani
Co-founder & CEO
Ajay heads Business development & product management.

Mainak Trivedi
Co-founder & VP Engineering
Mainak heads Product development, Technology vision, operations, and adoption.
Amount Raised : $650
Reveal the Score by Voting
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Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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