AuditOne, a Cologne-based start-up specializing in smart contract security, has successfully raised over €800k in a seed financing round.
Leading this investment drive was High-Tech Gründerfonds (HTGF), Europe’s prominent seed investor, alongside notable business angels Florian von Bodman and Sebastian Herzog. This funding is a testament to the trust and confidence investors have in AuditOne’s vision and capabilities.
This innovative company was co-founded by Adrien Resch, Raja Sekhar Thota, and David Velek. At its core, AuditOne offers a comprehensive suite of security services and tools, ensuring the reliability and safety of smart contracts.
Its platform boasts over 400 security experts who efficiently handle orders through AuditOne’s application. The platform’s offerings are diverse and robust, ranging from auditor verification and aggregation to self-service audit tools, bug bounties, coverage pools, standardized audit reports, and AI auditing tools.
Its main goal is to foster transparency in the auditing process and bolster smart contract security. AuditOne distinguishes itself by organizing teams of skilled auditors to review project codebases for a fixed fee, incentivizing auditors with bonuses for identifying any issues.
AuditOne is set to utilize the fresh capital to research and develop AI tools. These tools, focusing on real-time Pattern Recognition, Natural Language Processing (NLP) for whitepaper companions, and Social Network Analysis, are expected to revolutionize smart contract auditing, enhancing precision and efficiency.
Adrien Resch, Co-founder of AuditOne, said, “We are grateful for the trust investors have placed in us. Our ultimate goal is a secure and trusted Web3. We want to offer their clients the highest level of security and peace of mind when engaging in transactions within the Web3 ecosystem.”
Florian von Bodman, CEO of Blue Lake Ventures, expressed his enthusiasm, “AuditOne is perfectly positioned in a fast-growing Web3-market in which smart contracts will further play a decisive role. The business model, platform and especially the team have convinced me to support the next step and the expansion of AuditOne.”
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