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Zerify, Inc.

Operating

Software & AI · Edison, NJ

Estimated pre-money ⓘ
$24.1M
As of Oct 2022 · from Reg A Offering (2022) · our estimate: offering price × shares outstanding, not a stated valuation
Total raised
$426,300
Crowd $0 · Private $426K · 7 rounds since 2011
Latest share price
$0.0228
Reg A Offering (2022) offering price

Financials

FY2010–FY2022 · from SEC filings · hover any figure for its source
$272K
−$1.8M
2015
$384K
$2.9M
2016
$274K
−$3.2M
2017
$234K
−$3.8M
2018
$768K
−$3.7M
2019
$207K
−$10.1M
2020
$193K
−$17.2M
2021
$103K
−$8.8M
2022
RevenueNet income — beside revenue when positive, below the line when a loss

Chart shows the most recent 8 fiscal years; 5 earlier years are in the table below.

Metric
FY2010 audited
FY2011 audited
FY2012 audited
FY2013 audited
FY2014 audited
FY2015 audited
FY2016 audited
FY2017 audited
FY2018 audited
FY2019 audited
FY2020 audited
FY2021 audited
FY2022 audited
Income statement
Revenue
$265,990
$448,127
$805,312
$434,657
$324,807
$271,559
$384,289
$274,137
$233,878
$768,209
$207,000
$193,000
$103,000
Cost of goods sold
$39,217
$25,426
$14,513
$16,967
$9,658
$8,441
$6,363
$12,504
$14,086
$10,543
$13,000
$27,000
—
Gross margin
85%
94%
98%
96%
97%
97%
98%
95%
94%
99%
94%
86%
—
Net income
-$2,874,462
-$5,487,053
-$1,167,908
-$2,410,926
-$3,350,230
-$1,807,245
$2,938,565
-$3,206,500
-$3,837,249
-$3,749,660
-$10,088,000
-$17,245,000
-$8,829,000
Taxes paid
—
$0
$2,039
—
$78
—
—
$71,693
$1,500
$1,522
$0
—
—
Balance sheet
Cash
$45,925
$0
$133,279
$7,559
$13,129
$37,153
$804,130
$455,484
$86,160
$74,648
$162,000
$2,084,000
$192,000
Accounts receivable
$21,457
$75,323
$143,290
$39,454
$38,507
$18,524
$152,009
$47,454
$20,649
$19,686
$20,000
$24,000
$20,000
Total assets
$98,214
$107,595
$313,884
$115,492
$104,095
$89,187
$996,869
$540,197
$139,028
$326,685
$376,000
$2,240,000
$313,000
Short-term debt
$1,785,911
$2,391,849
—
$1,992,500
$1,897,500
$2,675,782
$1,703,824
$1,713,824
$2,218,670
$2,237,484
$2,250,000
$1,972,000
$2,826,000
Long-term debt
—
—
—
—
—
-$222,991
—
—
—
$147,890
$588,000
$4,107,651
—
Total liabilities
$10,450,682
$10,369,822
$10,798,472
$11,129,394
$12,303,155
$13,813,674
$9,436,359
$1,713,824
$13,941,532
$15,790,868
$14,718,000
$13,829,000
$15,168,000
Other
Headcount
—
—
—
—
—
—
—
—
—
9
10
13
—

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
$743K
est. pre-money
$35.9M
est. pre-money
$24.1M
est. pre-money
Reg A+ · Equity · Jul 2020
Reg A+ · Equity · Apr 2021
Reg A+ · Equity · Oct 2022

Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher.

Cap table

Share counts as of Feb 5, 2024
Preferred Equity B · 0%Common Equity · 100.0%
ClassOutstandingVotes / shareShare of totalLast price
Preferred Equity Bpreferred36,667—0%—
Common Equity2,204,896,950—100.0%—
Total2,204,933,617100%

Shares outstanding over timein today's share terms

2.2B1.1B0
Dec 2014Oct 2023
Common EquityPreferred Equity BRound openedSplit / conversion

Principal holders% as the filing states it, Oct 18, 2023

  • George Waller26,574,354 shares0.02%of company
  • Ramarao Pemmaraju41,971,457 shares0.02%of company
  • NetLabs.com, Inc.2 shares0%of company

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 $17.6KInvestors 5
Reg A+ · Equity · Oct 2022Closedvia Spencer Clarke
Raised $0 / $5MEst. pre-money $24.1M
Reg A+ · Equity · Apr 2021Closedvia Spencer Clarke
Raised $0 / $150MEst. pre-money $35.9M
Reg A+ · Equity · Jul 2020Closedvia Spencer Clarke
Raised $0 / $2.4MEst. pre-money $742.7K
Raised $382.5KInvestors 1

Team

4 people
Mark L. Kay
Chief Executive Officer and Chairman of the Board of Directors
George Waller
Executive Vice President and Marketing Director
Philip E. Blocker
Chief Financial Officer
Ramarao Pemmaraju
Chief Technical Officer and Director

Names and titles as disclosed on SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.

  • Form 253G1Feb 13, 20240001477932-24-000666
    EDGAR
  • Form QUALIFFeb 12, 20249999999994-24-000014
    EDGAR
  • Form 1-A POSFeb 5, 20240001477932-24-000528
    EDGAR
  • Form 10-QDec 22, 20230001477932-23-009298
    EDGAR
  • Form QUALIFOct 26, 20239999999994-23-000346
    EDGAR
  • Form 1-A POSOct 18, 20230001477932-23-007733
    EDGAR
  • Form 10-QOct 3, 20230001477932-23-007309
    EDGAR
  • Form 10-K/AJul 6, 20230001477932-23-005049
    EDGAR
Source: SEC EDGARCIK 0001285543WYShare price $0.0228Last synced Aug 16, 2026

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.