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Security Type
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Non-Voting Equity
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Categories
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Technology
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Min Investment
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$249
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Offering Date
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October 13, 2022
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Expected Close Date
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January 11, 2023
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Target Raise
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$10.00K-$1.07M
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No. Investors
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51
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Security Price
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$1.89
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Valuation
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$17,010,000
- Number of Employees
- 5
- Cash
- $1,781
- Revenue
- $123,846
- Short Term Debt
- $630,173
- Cost of Goods
- $112,477
- Long Term Debt
- $400,392
- Net Income
- $-599,412
Company Description
How do you know an organization's network is secure? rThreat is a cybersecurity platform that leverages a new approach to proactively allow users to continuously test their cyber security tools, leveraging the same real-world tactics that hackers deploy in current cybersecurity threats - like recent ransomware attacks on schools, hospitals, and suppliers across the globe.* rThreat currently has an in-market product with distribution to direct customers and channel partners.
Perks
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$249+ Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
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Super Early Bird
First 72 hours - 10% Bonus Shares
2
days
15
hours
37
mins
8
secs
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$500+ Investment
$500
Invitation to our Investor Group (group call with founder, invitation to live events, exclusive notifications for investors)
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$1,000+ Investment
$1,000
rThreat ransomware emulation demo + Invitation to our Investor Group
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$2,500+ Investment
$2,500
2% Bonus Shares + rThreat ransomware emulation demo + Invitation to our Investor Group
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$5,000+ Investment
$5,000
4% Bonus Shares + rThreat ransomware emulation demo + Invitation to our Investor Group
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$10,000+ Investment
$10,000
10% Bonus Shares + Semi Annual Check-In with our Founder + rThreat ransomware emulation demo + Invitation to our Investor Group
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$25,000+ Investment
$25,000
20% Bonus Shares + Semi Annual Check-In with our Founder + rThreat ransomware emulation demo + Invitation to our Investor Group
Key Deal Facts
The rThreat difference: rThreat enables companies and organizations to stay a step ahead of hackers by providing a solution that allows them to run continuous tests of their cyber security tools and security teams, with real threats, to understand how threats could impact them before hackers do.
Market need: rThreat believes cybersecurity impacts almost all areas of risk in the world today, and we are only as safe as our weakest link, and the overall cyber industry that is projected to reach $43Billion+ by 2026, would seem to agree.** From an rThreat perspective, the need for a platform that emulates the threats currently in use is already proven.
Future Vision: rThreat is continually evolving. We recently launched a new and improved version of rThreat which added support for additional operating systems, faster response times, and additional validation features.
Management Team / Advisory Board Bios
Melvin D. De Jong
CFO, Corporate Secretary, Treasurer & Director
Mel is a seasoned financial management professional having been employed in a range of organizations from start-up to Fortune 100. He excels at creating cost effective and efficient administrative work units. He is semi-retired but still enjoys working with early-stage start-up businesses. Mel is a proud Vietnam War Veteran and earned his MBA and professional certification on the GI Bill.
John Kindervag
Zero Trust Advisor
John is best known for creating the revolutionary Zero Trust Model of Cybersecurity. He is currently the Senior Vice President of Cybersecurity Strategy at ON2IT Cybersecurity he has also been the field CTO of Palo Alto Networks and spent eight and one-half years at Forrester Research where he was a Vice President and Principal Analyst on the Security and Risk Team. John is considered one of the world’s foremost cybersecurity experts.Â
John is an advisor for rThreat and works 1 hour per week for rThreat.
Kate Kuehn
GTM Advisor
Kate's passion is guiding innovative security and technology teams. She is currently the Senior Vice President of Alliance's at vArmour. She thrives on empowering employees while creating organizations around strategic and often complex market requirements. Security and emerging technologies are part of her DNA, and love’s leading the charge both internally and externally in the market to develop new ways to enhance our world through them.Â
Kate is an advisor for rThreat and works 1 hour per week for rThreat.
Igor Volovich
CISO Advisor
Igor is a global CISO, strategist, advisor, author, speaker, and global cybersecurity leader with 20+ years of service to the world's largest private and public-sector entities, Fortune 100 firms, and US policy, legislative, and regulatory communities. As a startup mentor, he has helped over 30 early-stage technology firms create and navigate the roadmap from the proverbial paper napkin of an idea to their first purchase order and beyond, advising founder teams on product, positioning, GTM, and competitive strategies.Â
Igor is an advisor for rThreat and works 1 hour per week for rThreat.
Josh Stephens
GTM Advisor
Josh has been in the technology sector for over 25 years and has helped lead some very successful companies through hyper growth, IPOs, and other meaningful exits. He is deeply passionate about helping the companies that he’s involved with maximize their potential and about helping the people that he works with to achieve their own vision of success.Â
Josh is an advisor for rThreat and works 1 hour per week for rThreat.
Brad LaPorte
GTM Advisor
Brad is a former top-rated Gartner Analyst for cybersecurity, veteran US Cyber Intelligence, and product leader at Dell, IBM, and several startups. He is a partner at High Tide Advisors providing Go-To-Market consulting and advisory services to investment firms and cybersecurity startups. He has spent most of his career on the frontlines fighting cyber criminals and advising top CEOs, CISOs, CIOs, CxOs as well as other thought leaders on how to be as efficient and effective as possible.Â
Brad is an advisor for rThreat and works 1 hour per week for rThreat.