Currency Tracking Technologies

Currency Tracking Technologies

Early Stage

Innovative Solutions for Law Enforcement

Innovative Solutions for Law Enforcement

Overview

Raised to Date: Raised: $1,000

Total Commitments ($USD)

Platform

StartEngine

Start Date

10/30/2019

Close Date

06/03/2020

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$500

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$8,930,000

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

06/02/2020

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$5

# of Investors

1

Momentum
Not Funded
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Year Founded

2016

Industry

Security, Cybersecurity, & Defense

Tech Sector

Regtech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Location

Boynton Beach, Florida

Business Type

Growth

Currency Tracking Technologies, with a post-money valuation of $10 million, is raising funds on StartEngine. The company has designed and developed innovative software applications and a secure network for law enforcement. The technology of Currency Tracking Technologies can be used to track illegal cash related to a particular case file. Currency Tracking Technologies was founded by Barbara Higgins, Fred Rustmann, Jr., and Elena Fuller in 2016. The proceeds of the current crowdfunding round, with a minimum goal of $10,000 and a maximum goal of $1,070,000, will be used to develop the designed system. Currency Tracking Technologies will soon develop the secure network and database that will be used by law enforcement agencies to thwart and prosecute criminal activities.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-49,694

$-6,728

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$8,781

$84,182

Accounts Receivable

$0

$0

Total Assets

$315,506

$293,472

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 10/30/2019
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Currency Tracking Technologies on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $8,930,000
Price per Share: $1.00

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