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IronCircles

Want actual privacy? Generate an encrypted social network to share with your friends and family

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Security Type
CAFES
Categories
Technology, Community & Lifestyle, Retail
Min Investment
$100
Location
Portland, OR
Offering Date
September 25, 2023
Expected Close Date
April 29, 2024
Target Raise
$100.00K-$250.00K
No. Investors
31
Security Price
$1
Valuation
$3,571,000
Website
ironcircles.com
Number of Employees
2
Cash
$7,309
Revenue
$15
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-13,641

Company Description

IronCircles is a platform that generates private social networks so anyone can have one. Each network is E2E encrypted with Forward Secrecy.

This platform blends the security principles in Secure Messaging with the rich features of Social Networks and puts control in the hands of the members. People cannot join your network or conversation without express permission through a robust voting model.

Privacy features include hidden chats, locked photo vaults, disappearing messages, one time view images/videos, and granular control over what can be shared.

Go beyond Secure Messaging by scheduling events, creating to do lists, sharing recipes, creating custom votes, storing credentials, and exchanging hi def videos.

You can as many private networks as you want. The UI blends everything into a simple, seamless experience.

Want actual privacy? Join IronCircles.

Key Deal Facts

IronCircles generates encrypted private social networks so any person or business can own their own. Say goodbye to data mining, data breaches, and ads, and hello to actual privacy. Have overlapping social circles? Join multiple encrypted networks in a blended visual experience. Blends security principles from Secure Messaging with the rich features of Social Networking. Leverages AI to display a social feed that does not rely on data mining. (Q3) Subscription models for additional privacy features and storage. B2B and Direct to Consumer models. Tech is built, deployed, and in use. It's time for marketing. Help us fuel this rocket.

Management Team / Advisory Board Bios

Jeremy Cader CofounderI taught myself how to code when I was 12, making video games. My passion for computers kick-started my career first as a developer and then a software executive. I have lead global teams at companies ranging from startups to Fortune 50., Serhat Ozcanli CofounderI am a seasoned technology expert with an impressive track record of engineering accomplishments. My passion is building startups from MVP to fully functioning product and beyond., Aida Lisignoli Software EngineerGraduating with a CS degree from college with an interest in interface design, Aida joined IronCircles as an intern and was recently promoted to Software Engineer I to enhance the user experience through intuitive design and dependable functionality.

Amount Raised : $157,479
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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