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VOTEM

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Votem Corp.

Industrial & Manufacturing · Cleveland, OH · Founded 2017

Election system that offers in-person voting with little or no waiting

Post-money valuation ⓘ
$10.1M
As of Oct 2023 · from Reg CF Offering (2023) · pre-money + amount raised, not a traded price
Total raised
$1,587,871
Crowd $23K · Private $1.6M · 3 rounds since 2017
Latest share price
$4.10
Reg CF · Common Stock · Aug 2023 offering price

Financials

FY2021–FY2023 · from SEC filings · hover any figure for its source
$79K
−$274K
2021
$275K
−$303K
2022
$59K
−$111K
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2021 reviewed
FY2022 reviewed
FY2023 unaudited
Income statement
Revenue
$79,054
$274,710
$59,265
Cost of goods sold
$14,684
$68,977
$1,761
Gross margin
81%
75%
97%
Net income
-$274,492
-$302,965
-$110,841
Taxes paid
$0
$0
$0
Balance sheet
Cash
$259,898
$23,849
$1,539
Accounts receivable
$2,441
$0
$38,850
Total assets
$736,967
$1,683,182
$1,691,064
Short-term debt
$1,522,437
$982,096
$1,010,265
Long-term debt
$483,333
$971,360
$1,056,892
Total liabilities
$2,005,770
$1,953,456
$2,067,157
Other
Headcount
—
12
12

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
$10.1M
pre-money
Reg CF · Common · Aug 2023

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

Cap table

Principal holders% as the filing states it, Aug 23, 2023

  • Peter G. Martin2,500,000 preferred shares61.2%of company

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $23.4K / $1.2MInvestors 19Post-money $10.1M
Raised $364.4KInvestors 5
Raised $1.2MInvestors 14

Team

6 people
Peter G MartinFounder
CEO & Founder, Director

Pete worked in sales, operations, and executive management for over 25 years, beginning in sales at IBM, executive management at SAP, and then building six of his own companies. He has been personally involved in the sales of over $1 billion of software, services, and technology to global companies and small to medium-sized businesses. Pete started, scaled, and sold previous companies including car leasing, systems integration consulting, business process outsourcing, and software distribution. His previous firm, EntryPoint Consulting was sold to the global auditing firm, KPMG. Peter also currently is a Member of the Forbes Technology Council where he works about 1 hour per quarter. Additionally, he is an Advisor at AskMyBoard where he works about 2-3 hours per week.

Pete Martin
CEO, Director, Principal Financial Officer
Sheri Charleston
Director of Customer Success

Goal-driven and accomplished professional with proven success leading complex project management endeavors for major clients. Effectively establish project goals, define deliverables and scope, coordinate implementation, and lead training. Excel in client-facing roles requiring negotiation and conflict mitigation skills; achieve consistently high levels of client satisfaction through prompt problem resolution and on-time / in-budget delivery.

Michael Barett
Advisory Board Member

Michael has an accomplished career in technology and has been at the forefront of security and privacy as an early employee at PayPal, which lead him to be the first CISO there. He’s led industry standards, including SAML 2.0, FIDO, DMARC and indeed Cequence Security - all of which have my fingerprints on them. Michael contributes 1-2 hours per week on Votem Corp.

Peter Haynes
Advisory Board Member

New York Bureau Chief and US Business Editor of The Economist who morphed into Senior Director of Advanced Strategies and Research at Microsoft, then into startup founder, funder and advisor... and Economist writer redux. Some, er, highlights follow... ▪ Early advisor and investor at SeekOut, which offers AI-driven tools for recruiters. Valued at $1.2bn, SeekOut was GeekWire's 2021 Startup of the Year, and its CEO is 2022 CEO of the Year. ▪ After a 16-year break, resumed writing for The Economist in 2014 as a contributor, mostly on science, technology and business. More than 70 of my articles have been published since then. ▪ Co-Founder, former VP and investor at Polyverse, which develops innovative cybersecurity tech that builds diversity across multiple system dimensions, stopping attacks before they start. ▪ Former Senior Fellow at the Atlantic Council, a major DC think-tank, focused on philosophical, ethical and policy aspects of technologies such as AI, data privacy, and cybersecurity. ▪ Previously Sr Director, Advanced Strategies and Research at Microsoft, driving strategy and policy in areas including cybersecurity, data, AI, and quantum. Formerly advisor to Bill Gates. ▪ Former award-winning journalist and editor at The Economist, writing 800+ articles/editorials over 12 years, and serving as its New York Bureau Chief and US Business Editor.

Steve Babbage
Advisory Board Member

A well-known industry expert in cryptography and mobile telecoms security. Until 2021 I was the Chief Cryptographer for the Vodafone Group, and led the security research team in Vodafone Group R&D. I covered a number of highly specialised technical areas for Vodafone, from mathematical optimisation and spectrum auctions to cybersecurity and quantum computing. In 2012, I was appointed one of the first Vodafone Distinguished Engineers – one of only seven at the time from the whole Vodafone Group. I also became very well known and influential in the mobile industry as a whole: I chaired the European Telecommunications Standards Institute (ETSI) security algorithms group for many years, and was known as a cryptography and security expert in the GSM Association (GSMA) and 3GPP. I was the first ever recipient of a GSMA Fraud & Security Group Outstanding Contribution Award. I have been a technical advisor or director for several security-related companies. Steve contributes 1-2 hours per week on Votem Corp.

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 requiredFewer than 300 holders of record

Filed 1 of 3 annual reports (FY2023–FY2025)

19 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-ARMay 1, 20240001665160-24-000740
    EDGAR
  • Form C-UNov 3, 20230001665160-23-001896
    EDGAR
  • Form CAug 23, 20230001665160-23-001681
    EDGAR
  • Form DMar 5, 20180001729124-18-000002
    EDGAR
  • Form DJan 31, 20180001729124-18-000001
    EDGAR
Source: ManualCIK 0001729124DEShare price $4.10

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.