SecureX

Security Through Visibility

SecureX

Security Through Visibility

San Jose, CA
Technology
At SecureX, we’re a security start-up for the world of multi-cloud, designed to help large enterprises secure their on-prem to the cloud journey. That means CSPM (Cloud Security Posture Management), CNAPP + CAASM (Cloud-Native Application Protection Platform & Cyber Asset Attack Surface Management) - a super-hot space in cybersecurity. We’re based in the heart of Silicon Valley and we’re currently in-market with our product or service.

$78,289

raised
32
Investors
$45M
Valuation
$7.10
Price per Share
$227.20
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
29
Days Left

$78,289

raised
32
Investors
$45M
Valuation
$7.10
Price per Share
$227.20
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
29
Days Left

Stack Owner's Bonus & Rewards!

Members get an extra 10% shares in addition to rewards below!

Rewards

Get rewarded for investing more into SecureX:

$238+
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.
$1,000+
Investment
Tier 1
$1,000 | 5% Bonus Shares
$5,000+
Investment
Tier 2
$5,000 | 10% Bonus Shares
$10,000+
Investment
Tier 3
$10,000 | 15% Bonus Shares
$20,000+
Investment
Tier 4
$20,000 | 20% Bonus Shares

Reasons to Invest

  • We believe we are one of the only Unified Security Assessment and Threat Prediction platforms that identify exploitable vulnerabilities in a business application, leveraging AI to visualize predictive attack analytics.


  • We are entering the large Cybersecurity market which is projected to grow to $345.38 billion by 2026 (source).


  • We’re founded by Harry Singh and a team of security veterans who believe that there is a gap in a security product that can provide a comprehensive cybersecurity asset posture. Harry previously co-founded ShieldX in 2015, a company known for revolutionizing cloud security (source).




OVERVIEW


Security through visibility 


At SecureX, we developed a cloud security platform known as an AIM (Attack Inference & Mitigation). And to us, that title really says it all. 


That’s because we’re designed to help large enterprises secure their on-premise hardware/software to the cloud journey using an agentless SaaS platform play. Not only are we one of the few deploying this technology, we’ve found it’s also fast-acting, taking just minutes to deploy.


With that, we identify exploitable vulnerabilities in a business application and leverage AI to visualize predictive attack analytics with the goal of keeping businesses safe and secure from the start. 



The Problem & OUR Solution


Our research shows that today’s security landscape has many shortcomings--Our goal is to tackle them all with AI technology

Some of these blindspots include persistent security gaps, lack of vulnerability prioritization, and incomprehensive multi-cloud systems. Using our Unified Security Assessment & Threat Prediction Platform, we tackle these oversights and quantify business risk through Attack Impact Analysis and Predictive Attack Modeling.



Providing this much needed visibility, our platform performs detailed correlations and analysis of enterprise and determines security issues. We deliver security with guided policies, proactive remediations for all enterprise assets, and categorize risky assets and applications.



We feel this flexible deployment model will largely increase the ROI of businesses' existing tools.


The MARKET & OUR TRACTION


The cybersecurity market was valued at over $217 billion in 2021


And it’s projected to grow to $345.38 billion by 2026 (source). Not to mention, cybercrime will cost the global economy $6.1 trillion annually, making it the third-largest economy in the world (source).


Source: CRN


According to our research, our competitors tend to simulate network attacks based on existing intel, within a limited deployment context. In our view, the SecureX difference is that we leverage AI to visualize predictive attack analytics, hugely broadening the scope of cybersecurity.

Companies are catching wind of our technology too. We’ve established software relationships with AWS, Microsoft Azure, Google Cloud, VMWare, and Oracle Cloud - and have already hit $220K in revenue since our very recent launch.
 

WHY INVEST


The future of data control is here

We strongly value our clients’ need to retain control of their asset and vulnerability information--that’s why our goal is to ensure data stays within their control.

With our strategic partnerships, massive market opportunity, and team of experts, we believe we can change the landscape of cybersecurity. Invest in us, and let’s secure the world together. 





Bold (⌘B)

Offering Summary


Company

:

SecureX.AI, Inc.

Corporate Address

:

2033 Gateway Place, 5th Floor, San Jose, CA 95110

Offering Minimum

:

$9,996.80

Offering Maximum

:

$1,069,998.40

Minimum Investment Amount

(per investor)

:

$227.20











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

1,408

Maximum Number of Shares Offered

:

150,704

Price per Share

:

$7.10

Pre-Money Valuation

:

$45,013,992.90











Voting Rights of Securities Sold in this Offering

Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.


*Maximum number of shares offered subject to adjustment for bonus shares. See Bonus info below.

Investment Incentives and Bonuses*

Time-Based:

Friends & Family - First 72 Hours | 15% Bonus Shares

Super Early Bird - Next 72 Hours | 10% Bonus Shares

Early Bird Bonus - Next 7 Days | 5% Bonus Shares

Amount Based:

Tier 1: $1,000 | 5% Bonus Shares

Tier 2: $5,000 | 10% Bonus Shares

Tier 3: $10,000 | 15% Bonus Shares

Tier 4: $20,000 | 20% Bonus Shares

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

SecureX.AI, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $7.10/ share, you will receive 110 shares of Common Stock, meaning you'll own XXX shares for $710. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus.

The Company will not incur any irregular use of proceeds.


Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$132,106.00 USD
$10,361.00 USD
Cash And Cash Equivalents
$5,066.00 USD
$10,361.00 USD
Accounts Receivable
$127,040.00 USD
$0.00 USD
Short Term Debt
$19,033.00 USD
$0.00 USD
Long Term Debt
$325,000.00 USD
$0.00 USD
Revenues And Sales
$127,040.00 USD
$95,350.00 USD
Costs Of Goods Sold
$0.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$503,985.00 USD
-$8,286.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Cloud security startup Wiz reaches $100M ARR in just 18 months -

about 2 months ago

Dear CF Investors, We're sharing this news about WIZ's $100M ARR milestone; here are the links below. We are sharing the press release because the SecureX product is in a very similar space to WIZ's product. Most of our potential customers have deployed WIZ already and believe that SecureX tech is an excellent value on top of WIZ implementations. It is a robust use case. We have a great opportunity in a hot space; we are confident that we will have a great outcome and working on a growth and scale story,

we look fwd to partnering with you on this journey.

Cloud security startup Wiz reaches $100M ARR in just 18 months

https://techcrunch.com/2022/08/10/cloud-security-startup-wiz-reaches-100m-arr-in-just-18-months/

https://www.geektime.com/wiz-reaches-100m-arr-club/

https://www.wiz.io/blog/100m-arr-in-18-months-wiz-becomes-the-fastest-growing-software-company-ever

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