AuditOne Closes €800K Seed Funding Round

AuditOne, a Cologne, Germany-based provider of a smart contract security platform, raised €800K in Seed funding.

The round was led by High-Tech Gründerfonds (HTGF), with participation from Sebastian Herzog, Florian von Bodman, and others.

The company intends to use the funds to drive the development of AI SaaS solutions towards the research and development of AI tools.

Founded by Adrien Resch, Raja Sekhar Thota, and David Velek with the support of the venture builder Soonami.io, AuditOne is an auditor pooling platform for smart contract audits, offering peer-reviewed smart contract audits and other security services in Web3. The platform offers a comprehensive range of security services and tools to ensure the reliability and security of smart contracts. These include the verification of auditors, an auditor aggregator, self-service audit tools, bug bounties, coverage pools, standardized audit reports, and AI auditing tools. Projects can request an audit from AuditOne, which will organize a team of skilled auditors to audit the project’s codebase for a fixed fee. Auditors receive a bonus for identifying any issues found during the audit process.

With 400+ vetted auditors on its platform, the company has experts for any request, while it handles all operations and oversees the process.

FinSMEs

08/01/2024