{"data":{"type":"company_profile_ai","id":44895,"entity_id":"wefunder:company:44895","attributes":{"canonical_url":"https://wefunder.com/apotheka","retrieval_urls":{"canonical":"https://wefunder.com/apotheka","json":"https://wefunder.com/apotheka.json","markdown":"https://wefunder.com/apotheka.md","ai_json":"https://wefunder.com/apotheka.ai.json","ai_text":"https://wefunder.com/apotheka.ai.txt","changelog_json":"https://wefunder.com/apotheka.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-06T05:00:51Z","generated_at":"2026-06-06T17:28:29Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"company":{"id":44895,"entity_id":"wefunder:company:44895","slug":"apotheka","name":"Apotheka","tagline":"Securing personal \u0026amp; medical data points on the Blockchain to create unique NFTs!","elevator_pitch":"Apotheka is a SaaS digital health solution leveraging Blockchain technology to ensure the data security, data integrity and interoperability. 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Due to our broad IP Apotheka is industry agnostic and currently focusing on healthcare and sports verticals","story":"Apotheka's SaaS patented solution is decentralizing athletes personal and health data elements on a secure Ethereum Blockchain eco-system to facilitate the creation of sports NFTs (Non-Fungible Tokens).In 2018, the North American sports market had a value of about 71.06 billion U.S. dollars. This figure is expected to rise to 83.1 billion by 2023.Apotheka eco-system is industry agnostic that helps address the sports industry five key problem areas.PROBLEM: Technology, Measurement, And The Business Of SportsAthletes Data Rights ManagementRegulations around sportsNew Ways To Experience Sports Security \u0026amp; PrivacyMonetization*According to IBM Security, the average cost of a U.S. healthcare data breach is now $15 million, and the FBI claims that COVID-19 cyber attacks spiked 400% during the pandemic.The two way approach Apotheka has adopted to concurrently capture the market and resolve the problem The Hyperquantified AthleteNon-Fungible Tokens (NFTs)A more secure SaaS digital industry agnostic solutionApothēka integrates with business or clinical systems and transforms them into secure Blockchain ecosystems to facilitate personal data security, data integrity and interoperability, a turn-key blockchain module.Our patented proprietary technology uses ironclad security, scalable distribution design of Blockchain, and AI technologies to solve “IT friction” points to enable patented six-way person profile validation on Blockchain.Our phase one solution suite has allowed us to conduct paid pilots to validate data security, validation, interoperability and scalability of the platform.First, we had to build health data platform as part of our phase oneTo create a universal baseline of a person ID we collected identifiable information (Ex: name, date of birth etc.)\u0026nbsp;and combined it with their bio-metric data points. Thereafter we integrated Blockchain to encrypt and hash the profiles and accompanying data.Wow! It worked!A year and half in we officially launched our phase one platform to our supporters and technology community in Los Angeles.Our tractionSince launching phase one, we’ve provided our solutions to a number of clients and have signed multiple MOUs. Phase two we are raising funds to finalize our platform development and start on-boarding sports teams and athletes.The Market \u0026amp;\u0026nbsp;Business ModelOur PatentWe have a patent for six way person validation touch points in and outside a healthcare setting.Use Case 1: The Hyperquantified AthleteUse Case 2: Non-Fungible Tokens (NFTs)Competitive LandscapeWhile there are a number of companies providing security and encryption services, Apothēka provides a turn-key blockchain module solution.Our next stepsWe are now activating our fundraising efforts through Wefunder so that we can start our marketing, client acquisition and finalizing phase two platform design.We look forward to all of you joining us in building the next unicorn venture!","quick_facts":["Patent granted (No. 10.885.170) for securing and managing personal plus medical data on Blockchain","Contract phase with LA Clippers data management on Blockchain \u0026amp; NFTs development","On-boarding UCLA Collegiate athletes to manage performance data and create NFTs","NFT Market Surpassed $40 Billion in 2021, New Estimate Shows ~ Bloomberg 2022","Value bundle solution (Security/Encryption, Personal Validation, revenue cycle management)","Winners of Globant Awards 2021 - tech disruptors and innovators (USA \u0026amp; 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What is your strategic plan?","answer":"Our plan is to work with both EMR companies and also hospitals. We are already in discussions with some EMR and hospital systems as well to see how we can augment some of their modules with our Blockchain solution focusing on specific use cases like Patient data validation and security. We are not replacing EMR systems we are providing a transformation solution."},{"question":"Hi Dennis, In point #6 you mentioned your solution is used at a few place. Why is there no revenue as of yet? Thanks, Kevin","answer":"Hello Kevin,Our phase one solution went to market Sept -October 2019 and we onboarded some customers. Fiscal year is based on 2019 when were still in development pre-revenue. The initial revenue for 2020 has been used to reinvest in our solution enhancements and 2020 revenue will be reflected at close of the year. Let me know if this answers your questions.Thanks."},{"question":"What are your revenue goals for the next 5 years?","answer":"Hello Leo,Our forecasted revenue goals are as follows based on meeting our target raise and client acquisition goals2020 - 732,2122021 - 11,931,9582022 - 55,097,2642023 - 107,678,3502024 -153,979,546Thanks!"},{"question":"Thanks for the answer. What's the current total for the early bird valuation?","answer":"Current company valuation is at $8M however for early investors in this round is at $6M."},{"question":"Let me rephrase it...what's the current amount raised? I wanna know if you are close to the 100K mark for early bird valuation.","answer":"$250K was initially raised outside WeFunder\u0026nbsp;for our phase 1 solution."}],"recent_posts":[],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-06T17:28:29Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-06T05:00:51Z","as_of":"2026-06-06T17:28:29Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-06T05:00:51Z","as_of":"2026-06-06T17:28:29Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-06T17:28:29Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-06T17:28:29Z","confidence":"medium"}}}}}}