NetObjex (Equity)
Funding Details
Awarder
StartEngine
Date Award
April 1, 2018
Vertical
Blockchain-Empowered Asset Management
Funding URL
View Funding Page
Premoney Valuation
$9,000,000
Valuation
$9,000,000
Funding Amount
$106,695,300,000
Company Info
Founding Year
2017
Traction
NetObjex posted its (unaudited) Financial Results for 2018 today. The company has posted spectacular Year over Year Results from 2017. Top line Sales grew from $333K in 2017 to $786K in 2018, representing a growth of 236%. Bottom line figures remained steady with a Net Loss of 150K in 2017, and a similar Net Loss of $154K in 2018. R&D investments jumped from $185K to $265K, indicating a renewed emphasis on maintaining the company's front runner position in its segments. OEM licensees jumped from 4 in 2017 to 9 in 2018.
Revenue Amount
$346,004,000,000
Organizations Involved
Various Clients, NetObjex Inc
Founders
Raghu Bala, Priya Krishnamurthy, Dr. Nambi Seshadri
Market
IoT, AI, Blockchain
Location
Irvine, CA, US
Company Description

NetObjex's Matrix Digital Asset-as-a-Service (DAaaS) platform enables enterprises to manage their digital assets using IoT, AI, and DLT

Links
WebsiteCrunchbaseLinkedInTwitter
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