AuditOne Raises €800K in Seed Funding Led by HTGF for Smart Contract Security
AuditOne, a Cologne-based provider of a smart contract security platform, has 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 funds will be used to drive the development of AI SaaS solutions towards the research and development of AI tools.
AuditOne to Use Seed Funding to Drive Development of AI SaaS Solutions
With the recent Seed funding, AuditOne plans to focus on the development of AI SaaS solutions. The company aims to leverage artificial intelligence tools to enhance its smart contract security platform. By investing in research and development, AuditOne seeks to further improve the reliability and security of smart contracts.
Cologne-based AuditOne Offers Comprehensive Security Services for Smart Contracts
AuditOne is an auditor pooling platform for smart contract audits, based in Cologne, Germany. The platform offers a comprehensive range of security services and tools to ensure the reliability and security of smart contracts. These services include the verification of auditors, an auditor aggregator, self-service audit tools, bug bounties, coverage pools, standardized audit reports, and AI auditing tools.
AuditOne’s Platform Connects Projects with Skilled Auditors for Codebase Audits
One of the key features of AuditOne’s platform is its ability to connect projects with skilled auditors for codebase audits. 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. This ensures that projects can have their smart contracts thoroughly reviewed for any potential security vulnerabilities.
AuditOne’s Pooling Platform Provides Reliable & Secure Smart Contract Auditing
By pooling together a network of over 400 vetted auditors, AuditOne ensures that they have experts for any type of audit request. The company handles all operations and oversees the audit process to ensure its reliability and security. Auditors on the platform are also incentivized to identify any issues during the audit process, as they receive a bonus for any findings.
In conclusion, AuditOne’s recent Seed funding will enable the company to further develop its smart contract security platform and invest in AI SaaS solutions. The company’s pooling platform connects projects with skilled auditors for codebase audits, providing reliable and secure smart contract auditing services. With its comprehensive range of security services and tools, AuditOne aims to enhance the reliability and security of smart contracts in the Web3 ecosystem.
Analyst comment
Positive news: AuditOne raises €800K in seed funding led by HTGF for smart contract security. They will use the funds to drive the development of AI SaaS solutions, improving the reliability and security of smart contracts. The company’s pooling platform connects projects with skilled auditors for codebase audits, providing reliable and secure smart contract auditing services. This will enhance the reliability and security of smart contracts in the Web3 ecosystem. Market expectation: With increased investment in AI SaaS solutions and improved security measures, AuditOne is likely to see growth and increased demand for its services in the smart contract security market.
