ITBIOMETRICS INC

cybersecurity+fintech

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We invented a cybersecurity solution so worthy that CrowdStrike partnered with us and as our customer also wants to be our exit. 
I ITBIOMETRICS INC


Investment opportunity briefly discussed

We are a Wyoming C-Corporation developing patented biometric payment and authentication technology (BATCL – Biometrics at the Command Line). Our system enables secure, passwordless transactions using rapid dual-fingerprint authentication, providing the protections of MFA, CAPTCHA, and passwords in under one second, with built-in liveness detection.

Our CTO is a Stanford professor specializing in semiconductors and biometrics and a current Google consultant; upon raising $10M, he has committed to lead manufacturing as CEO. Our chief legal counsel, a California technology and media attorney, would become CEO of marketing at the same capitalization level. I serve as Chief Visionary Officer.

BATCL improves upon existing biometric cards (currently deployed by Mastercard in high-fraud regions) by delivering 0.000000 error rate. VISA previously expressed acquisition interest and indicated collaboration contingent on FIDO certification. CrowdStrike has partnered with us and buying our CoreWeave model BCDs and be a sales channel.

Two paths forward:

  1. C with card certification (estimated $3–4M including FIDO certification, integration, and initial manufacturing run).
  2. Crypto wallet FIDO certification first (~$500K, 6 months), enabling B2C revenue in a $1B+ market and de-risking later card certification with revenue.
Banks and credit unions benefit through elimination of card fraud and reduced dispute costs; merchants benefit from lower chargebacks. VISA estimates potential distribution exceeding 200 million cards if pricing remains as quoted. We also have an alliance with the National Retail Federation to distribute our technology. Mastercard is using our technology v1. 

We are forming a consortium of credit unions with our technology as a Service Provider under the GENIUS ACT.

The current raise is intended to strengthen the balance sheet for initial manufacturing and web development.

Sincerely,
 Howard Prager
Founder


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