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Certified True, Inc.

Operating

Certified True Inc

Industrial & Manufacturing · Mineola, DE · Founded 2018

platform that enables certification and verification of digital images

Post-money valuation ⓘ
$12.6M
As of Feb 2022 · from Reg CF Offering (2021) · pre-money + amount raised, not a traded price
Total raised
$49,551
Across 1 round since 2021
Latest share price
$0.50
Reg CF · Common Stock · Nov 2021 offering price

Financials

FY2019–FY2021 · from SEC filings · hover any figure for its source
$0
−$7K
2019
−$22K
2020
−$44K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed
FY2020 reviewed
FY2021 unaudited
Income statement
Revenue
$0
-$22,024
-$43,639
Cost of goods sold
$0
$0
$0
Net income
-$7,229
$0
$0
Taxes paid
$0
$0
$0
Balance sheet
Cash
$0
$0
$24,473
Accounts receivable
$0
$0
$0
Total assets
$0
$0
$27,146
Short-term debt
$0
$0
$0
Long-term debt
$0
$30,000
$37,000
Total liabilities
$0
$30,000
$37,000
Other
Headcount
—
3
3

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$12.5M
pre-money
Reg CF · Common · Nov 2021

Blue bars are the pre-money valuation the company stated for a priced round.

Fundraising history

Raised $49.6K / $1.1MInvestors 77Post-money $12.6M

Team

12 people
Clive BoultonFounder
Co-Founder & Chief Technical Architect

Clive has proven leadership in software engineering for enterprise application software companies building differentiated SaaS for business and distributed networks. Career highlights: Senior Member of the Technical Staff at Exact, Co-founder/CTO at Dandelion Systems, Software and Product Engineering for Keywill (now E2Open), and Signals Intelligence for the British Army. Clive has consulted for the US NTIA, Intel, Coinlab, Pardalis and others. Additionally, he serves as a member of the Architecture Working Group at Hyperledger, is a cofounder of Seattle Scalability and lead organizer for Google Developers Group Seattle. He also regularly gives technical presentations at events like Linuxfest Northwest and at tech companies like Google, Microsoft and Amazon. Clive holds a CPIM certification, is a graduate of the Royal Military Academy Sandhurst, has a B.E.E from Coventry University and has been a Visiting Researcher at Stanford University.

Ronald da SilvaFounder
Co-Founder & Director

Ron is an executive leader, international board member and widely recognized expert on internet technology. Originally Chief Information Officer for CertifiedTrue, he transitioned to a Director role for family reasons. Ron is currently VP Operations at Quantum Loophole, a data center and cloud provider. Previous positions include: Group Vice President of Network Engineering at Time Warner Cable; Former Senior Principal Architect at AOL; and, Senior Network Engineer at Sprint. Ron is a certified NACD Governance Fellow and has served on public and corporate boards including: Commissioner (Dulles) on the Loudon County Communications Commission; Director of Chartway Federal Credit Union; International Board Member of ICANN [Committees: Finance (Chair), Audit, Governance, Compensation, Strategic Planning and Technical]; and, Chair of the Advisory Council of ARIN. Ron also earned a BS in Applied Mathematics and English from Old Dominion University.

Stephen GravesFounder
Founder & CEO

Stephen has 25+ years of experience in leadership of product, process and people, including having founded a digital certificate authority in the dotcom era (Unecom) and a bio-nutrition research lab, as well as having grown an early Vbulletin internet forum to over 100k users. He served as Director of Global Business Operations at CA Technologies where he managed New Product Incubation, has been a consultant to the Bank of China as well as the Pakistan Board of Investment and Associate Staff Analyst/Project Manager for the City of New York. He has also been an Advisor to two former Prime Ministers, the Greater New York Chamber of Commerce, and a strategy and product development consultant for a number of ecommerce related businesses. Stephen was a FOREX trader and held CTO and CPO registrations as a Principal with the CFTC and NFA. He has earned certifications for Project Management Professional, ITIL, SAFe and Professional Scrum Master and an MBA from Heriot Watt University.

VJ TaboneFounder
Co-Founder & Head of Business Development

VJ has a long history of executive leadership across the legal, insurance, and real estate industries. He has provided strategic advice to a variety of business clients, including Cricket Wireless exclusive dealers and many small businesses. Previous roles include: Director of Red Apple Real Estate, where he assisted in the management of a large portfolio of real estate (2+ Million SQFT) including development, litigation, compliance, lease administration, and acquisition; Assistant Special Deputy Superintendent at the Liquidation Bureau (NYLB) of the State of New York Insurance Department, where VJ managed over 300 staff and oversaw all claims and adjudications for 63 insolvent insurers; VP of Real Estate Development for NYC Economic Development Corporation; Senior Project Manager for NYC Department of Housing Preservation and Development; and, as Director of Research at Disclosure, Inc (a records contractor for the US Securities and Exchange Commission). VJ has also served on a number of NYC Mayoral and Queens Borough President taskforces represented EDC at the Queens Chamber of Commerce and managed budgets of a number of local development corporations. He has a Juris Doctorate from New York Law School where he attended on a Merit Scholarship and a BBA from Bernard Baruch College.

John Hrzic
Head of Growth Marketing

John is a dynamic B2B and B2C marketing and strategy professional with 15+ years in digital marketing and media across all paid, owned and earned channels; in-house/client-side experience at Cox Communications, IDG publications, as well as agency experience serving as trusted advisor to blue-chip clients like Microsoft’s Bing, Pepsico, Maybelline, Geico, Volkswagon, Spotify and Mastercard rewards. He was the founder of the MediaSynthesis Group ad network and ScreenlogiQ (Fluent), the first cross platform OTT distribution platform for mobile developers, which supported campaigns for Candy Crush, WWE, Wheel of Fortune, MLB and Angry Birds. Other positions have included VP of Marketing, Strategy and BizDev for SayForExample (iGain) and Director of Marketing for V12Data. John has also served as Advisor to Glimpse NFT, TrovaPage, Upmetrics and TaoBase. He earned a BA in Marketing from Penn State University.

Doug Stebbins, CFA
Advisor, Capital Markets

Doug has over two decades of investment banking experience across a wide range of industry verticals with a focus on fintech and insurtech and has completed hundreds of transactions totaling many billions of dollars. He is currently a Managing Director at Bentley Associates, an award-winning boutique investment banking firm. Previously, Doug was the Head of Alternative Investment Private Placements at Mizuho Securities in NY, representing leading fund groups in the Private Equity, Venture Capital and Hedge Fund industries. He also worked in Tokyo for Société Générale, Bear Stearns and Dresdner Kleinwort Wasserstein, working with both Japanese and multinational clients to access global pools of capital. Doug earned his B.A. from the University of Michigan and is a CFA charter holder.

Harish Prasanna
Advisor, Blockchain & Cybersecurity Development

Harish started at CertifiedTrue as our lead blockchain developer. He then founded his own company, OpenAVN (DefenseArk), and raised $2 million in seed funding to work on blockchain and AI computer virus scanning. Harish is a Certified Information Systems Security Professional (CISSP), has earned a MS in Digital Forensics & Cybersecurity from John Jay College (CUNY) and a BE from Hindustan University. He has also won multiple DEFCON and BlackHat contests.

Jason Finkelstein
Growth Marketing & Investor Relations

Jason has 15+ years of experience running global sales and product teams across multiple software and fintech companies in the Health, Finance, Education and Consumer Shopping industries. He has managed a 30+ team overseeing 2,000 advertisers across dozens of verticals and growing a business from $2M to $20M+ in revenues. Highlights of Jason’s experience: Director of Affiliate Partnerships for QualityHealth (now ShareCare); VP of Business Development for Clash Media; Director of Business Development for Permission Data; and, Director of Strategy and Enrollment for NY based Innovation Ads. Jason started his career as a Financial Analyst for DealTime (now Ebay) and as an Audit Associate for PriceWaterhouseCoopers. He holds a BA in Accounting and an MBA in Finance from Yeshiva University.

Paul McVoy
Advisor, Legaltech

Paul is a notable expert in e-discovery and has been repeatedly ranked in Chambers and Partners. He is Co-founder and CEO of Meta-e Discovery. Previously, he was the named as the nation’s first Chief Discovery Officer at Milberg and prior to that, was Manager of Litigation Support at Jones Day. Paul is also a member of the Working Group on Electronic Document Retention and Production at The Sedona Conference.

Show 3 more people
Robert V. Beltrani, Esq.
Director, Corporate Secretary & Business Development

Bob has deep experience in the legal industry both in public service as well as private commercial and criminal practice. He has served the State of New York as Administrative Law Judge (ALJ) for the Board of Parole and for the Department of Finance as well as Arbitrator for Queens County Civil Court. Bob also has a background in insurance and was previously the in-house Counsel at State Farm and at The Hartford. He has been admitted to practice law in New York and in the Eastern and Southern Federal District Courts. Bob received his B.S. degree from Long Island University and his J.D. from Brooklyn Law School.

Tuyet Duong, PhD
Advisor, Cryptography & Blockchain

Tuyet is a cryptography engineer and the co-author of multiple published papers on original blockchain protocols and distributed ledger . She is currently Senior Cryptography Engineer for Kuelski Security and previously worked for Topl Blockchain as a Blockchain Research Scientist. Tuyet also has earned a Ph.D. Computer Science, Cryptography & Blockchain Tech from Virginia Commonwealth University. She also earned a BS in Information Technology from Vietnam National University in Hanoi.

William A Clement
Director

Bill is a senior executive with a lifetime of experience in insurance, banking and technology. He is currently Chairman of Apex Financial and was previously President & CEO, Atlanta Life Insurance Company. Other highlights from his career: Co-Founder, Chairman & CEO of Dobbs, Ram & Company, a govtech company which helped design and implement the E-File system for the IRS; Presidential appointment to Director of the US National Cooperative Bank; VP & Senior Credit Officer at Citizens Trust Bank; and Associate Administrator at US Small Business Administration. He also has served on boards of public corporations, including TRX (Concur), Radiant Systems (NCR) and BSR Trust. Bill earned an MBA from the Wharton School and a BA from Morehouse College.

Names and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 1 of 5 annual reports (FY2021–FY2025)

77 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-TRApr 26, 20230001665160-23-000841
    EDGAR
  • Form C-AR/AApr 26, 20230001665160-23-000840
    EDGAR
  • Form C-ARMay 2, 20220001665160-22-001421
    EDGAR
  • Form C-UMar 1, 20220001665160-22-000362
    EDGAR
  • Form CNov 26, 20210001665160-21-002104
    EDGAR
Source: ManualCIK 0001893113DEShare price $0.50

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.