Trustwire

Trustwire

Secure, easy-to-use file exchange and storage solution: a more secure Dropbox

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Security Type
Equity
Categories
Other
Min Investment
$100
Location
Gaithersburg, MD
Offering Date
January 21, 2019
Expected Close Date
May 03, 2019
Target Raise
$1.00M
Deal Notes

Priced Round

$5Mpre-money valuation

$2.78per share

Preferred Stock

$25K+pro rata right threshold

If you invest, you're betting Trustwire will be worth more than $5M in the future.

Company Description

I have been working in the cyber security field since 2002 and have created many training courses for different professions, such as human rights lawyers, human rights defenders, and journalists. One problem I've found is that electronically sharing confidential files is notoriously difficult. Yes, there are Dropbox, Google Drive, and Microsoft One Drive, but the problem with those services is that the companies have full access to your files. That means they can analyze the content, give your files to anyone they want, or maybe be legally required by the court to turn them over. You really don't have much protection in that sense. And, yes, there is some other super strong encryption software, but regular people won't be able to use it. Those things are not designed for everyday Internet users. 

Perks

$250+
(1) One Trustwire account with Business Plan (2TB storage each) for 2 years; (2) Personalized thank-you letter signed by Trustwire founders. (3) Trustwire t-shirt.

$500+
(1) One Trustwire account with Business Plan (2TB storage each) FOR LIFE; (2) Personalized thank-you letter signed by Trustwire founders; (3) Two Trustwire t-shirts.

$1,000+
(1) Two Trustwire account with Business Plan (2TB storage each) FOR LIFE; (2) Personalized thank-you letter signed by Trustwire founders; (3) Four Trustwire t-shirts.

$10,000+
(1) Ten Trustwire account with Business Plan (2TB storage each) FOR LIFE; (2) Personalized thank-you letter signed by Trustwire founders; (3) Four Trustwire t-shirts; (4) Dinner and photos with Trustwire founders in the Washington DC metro area.

Use of Proceeds

If we raise: $50,001

50% Business Development (Marketing & Sales)20% Research & Development13% Infrastructure Support10% Legal and Compliance7% Equity Crowdfunding Fees  

 

If we raise: $1,000,002

45% Business Development (Marketing & Sales)30% Research & Development13% Infrastructure Support5% Legal and Compliance7% Equity Crowdfunding Fees

Management Team / Advisory Board Bios

Hugh Hall - CEO
Hugh Hall is a computer scientist and a successful entrepreneur. In his previous role as the CTO of DareLab, he led the company in creating a product that generated over $10 million in sale.

Angela Hall - Chairman of the Board
Entrepreneur, Investor, Mentor, Photographer, COO of Lens Love & Beyond, Managing Director: DareLab

Deal Notes

Priced Round

$5Mpre-money valuation

$2.78per share

Preferred Stock

$25K+pro rata right threshold

If you invest, you're betting Trustwire will be worth more than $5M in the future.

Amount Raised : $0
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