Cyber Crucible

Automatically prevents ransomware and data theft using advanced machine learning

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Security Type
Convertible Note
Categories
Financial Services, Technology, $1M+ Revenue, Profitable, Fast Growth
Min Investment
$100
Location
Pittsburgh, , PA
No. Investors
65
Website
cybercrucible.com

Key Deal Facts

$1.8M in 2023 software sales ($510k '23 GAAP revenue)
$1M+ ARR - $1.5M additional revenue already booked
Over 50 enterprise customers across 3 continents in banking, manufacturing and healthcare
8 international patents awarded, several additional pending
Fully automated ransomware, data theft, and identity theft protection
100% success rate against ransomware to date
Disrupting the $238.13 billion cybersecurity market
Most advanced edge computing tech on the market means full functionality when offline

Management Team / Advisory Board Bios

$1M+ Revenue
Earned over the last 12 months, Dennis Underwood Founder, CEOKnown for his ability to assemble teams and ship products that solve seemingly impossible problems, Dennis is a prominent figure in the cybersecurity community. His relentless commitment to innovation makes him one of the most exciting CEOs in tech today., Kyle NehmanCTOBy the age of 19, Kyle was already contributing to cryptography, development and security programs for the DoD. Co-founder and a two-time patent co-author, Kyle continues to craft the future of digital defense at Cyber Crucible., Danny PeharVP of Business DevelopmentWith over 20 years of success in cybersecurity sales leadership, Danny Pehar has established himself as a leader in multiple markets and industries. As a member of the Forbes Technology Council, Danny contributes monthly to Forbes magazine.
Amount Raised : $209,114
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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