{"data":{"type":"company_profile_ai","id":70613,"entity_id":"wefunder:company:70613","attributes":{"canonical_url":"https://wefunder.com/transitnet","retrieval_urls":{"canonical":"https://wefunder.com/transitnet","json":"https://wefunder.com/transitnet.json","markdown":"https://wefunder.com/transitnet.md","ai_json":"https://wefunder.com/transitnet.ai.json","ai_text":"https://wefunder.com/transitnet.ai.txt","changelog_json":"https://wefunder.com/transitnet.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-21T05:00:20Z","generated_at":"2026-06-22T03:29:16Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"company":{"id":70613,"entity_id":"wefunder:company:70613","slug":"transitnet","name":"TransitNet","tagline":"CLOSING SOON: The world’s 1st crypto proof-of-ownership infrastructure ","elevator_pitch":"We want to make crypto safe and secure. Our first-of-its-kind platform allows investors to confirm ownership for digital currencies they have in their crypto wallets, as well as monitor asset movements and securely exchange information with other parties before sending or receiving crypto.","location":"Manhattan Beach, CA","website":"https://transitnet.io/","total_amount_raised":2665992,"total_investors":2481,"is_funded":false,"is_active":false},"key_claims":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 2665992","citation":"https://wefunder.com/transitnet#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-21T05:00:20Z","as_of":"2026-06-22T03:29:16Z","confidence":"high"},"observed_at":"2026-06-21T05:00:20Z","expires_at":"2026-06-22T05:00:20Z"},{"claim_id":"claim-total-investors","text":"Total investors: 2481","citation":"https://wefunder.com/transitnet#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-21T05:00:20Z","as_of":"2026-06-22T03:29:16Z","confidence":"high"},"observed_at":"2026-06-21T05:00:20Z","expires_at":"2026-06-22T05:00:20Z"}],"verified_facts":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 2665992","citation":"https://wefunder.com/transitnet#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-21T05:00:20Z","as_of":"2026-06-22T03:29:16Z","confidence":"high"},"observed_at":"2026-06-21T05:00:20Z","expires_at":"2026-06-22T05:00:20Z"},{"claim_id":"claim-total-investors","text":"Total investors: 2481","citation":"https://wefunder.com/transitnet#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-21T05:00:20Z","as_of":"2026-06-22T03:29:16Z","confidence":"high"},"observed_at":"2026-06-21T05:00:20Z","expires_at":"2026-06-22T05:00:20Z"}],"company_claims":{"tagline":"CLOSING SOON: The world’s 1st crypto proof-of-ownership infrastructure ","elevator_pitch":"We want to make crypto safe and secure. Our first-of-its-kind platform allows investors to confirm ownership for digital currencies they have in their crypto wallets, as well as monitor asset movements and securely exchange information with other parties before sending or receiving crypto.","story":"Now more than ever, the crypto industry needs infrastructure to increase security, transparency, and oversight. TransitNet is the world's first crypto proof-of-ownership registry – a registered record of ownership, much like titles for land and other secured assets, that can be securely shared in order to facilitate financial transactions. We are building the missing infrastructure to safeguard trillions of dollars in crypto assets and revolutionize Web3.More and more investors are falling victim to scams, theft, rug pulls, lost keys, criminal activity, and hackers as the crypto market grows. At least $3B worth of cryptocurrency was stolen from victims worldwide in 2021 alone, an 80% rise over 2020.Many investors choose to self-host their wallets, which allows them to transact over the internet on a peer-to-peer basis without a financial intermediary. However, self-hosting your crypto wallet is like keeping cash under your mattress—a convenient but risky choice—and cryptocurrency can be lost as quickly as files on your computer. Unlike financial industries with decades-old security measures, the crypto market does not possess infrastructure that can secure and facilitate transactions. Instead, each crypto holder must operate as their own bank.The result? Widespread frustration, as well as utility and digital asset losses. What’s more, fewer investors end up entering the market. Most crypto users we’ve talked to have told us that they’re constantly watching explainer videos on YouTube to figure out how to do the simplest things. These are very smart people, but managing and transacting digital assets is that opaque and complex. Here’s the thing: it doesn’t have to be that way. TransitNet’s ethos is simple and revolutionary: the right infrastructure can make crypto safer and more useful. \u0026nbsp;\u0026nbsp;Our first-of-its-kind platform allows investors to verify ownership, monitor asset movements, and securely exchange information with other parties before sending or receiving crypto. Investors can also provide proof of their assets to outside parties when necessary—to apply for a loan, for example, or to donate to charities. So far, our feedback has been phenomenal. We’ve confirmed several use cases for our solution, and our testers are telling us that TransitNet will be a game-changer for this asset class. We’re minimizing the risks of crypto ownership—and increasing its utility. Combined, these benefits will unlock crypto’s mass market potential.Our team is equipped with the expertise and experience necessary to revolutionize crypto and Web3.Together, we built CapLinked, a venture-backed software company. Its SaaS product, which enables secure information sharing, is used by leaders like Amazon, Hess, KPMG, and Roche. Now, we’re turning our attention to crypto and retail investors—and the timing’s never been better.The multi trillion-dollar crypto market is already massive—and with more and more investors entering the space, it’s expanding at record speed. In fact, crypto investing is growing even faster than retail investing: 16% of American adults have invested in, traded, or otherwise used cryptocurrencies. For men between the ages of 18 and 29, that figure rises to 43%.As a result, infrastructure that can support the market and its investors has become a crucial need. Financial infrastructure for crypto is already a $45B industry, part of a $325B global fintech market that’s growing at a CAGR of 25%. Today, the market is fueled by exponential interest in NFTs and Web3. Note:\u0026nbsp;Forward-looking financial projections cannot be guaranteed.For a nominal subscription fee, TransitNet will safeguard billions of dollars’ worth of crypto assets, delivering peace of mind to millions of investors. NOW is the time to invest. This opportunity is unprecedented: after all, cryptocurrency and Web3 are already changing the way we do business. You only get so many chances to be part of a revolutionary solution from the ground up. Don’t miss out.","quick_facts":["🔥 Stanford-educated co-founders with multiple exits in excess of $2B+","💸 CEO is early PayPal: designed revenue model \u0026amp; scaled PayPal from 2.5K to 25M users to IPO","📣 Featured in TechCrunch, Bloomberg, CNBC, Business Insider, US News, Sky News \u0026amp; more","🏆 Stakeholders include Peter Thiel \u0026amp; other \"PayPal Mafia\" members","🚀 Positioned to revolutionize $45B crypto infrastructure market, $325B global fintech market","🥇 World's first crypto proof-of-ownership registry, safeguarding trillions worth of crypto assets","🧭 Patent-pending functional beta product solving complex investor pain points"]},"computed_metrics":{"total_amount_raised":2665992,"total_investors":2481,"team_size":1,"featured_investor_count":1,"faq_count":5,"recent_post_count":0},"quick_facts":[{"claim_id":"claim-fact-1","value":"🔥 Stanford-educated co-founders with multiple exits in excess of $2B+","citation":"https://wefunder.com/transitnet#claim-fact-1","observed_at":"2026-06-21T05:00:20Z","expires_at":"2026-06-28T05:00:20Z"},{"claim_id":"claim-fact-2","value":"💸 CEO is early PayPal: designed revenue model \u0026amp; scaled PayPal from 2.5K to 25M users to IPO","citation":"https://wefunder.com/transitnet#claim-fact-2","observed_at":"2026-06-21T05:00:20Z","expires_at":"2026-06-28T05:00:20Z"},{"claim_id":"claim-fact-3","value":"📣 Featured in TechCrunch, Bloomberg, CNBC, Business Insider, US News, Sky News \u0026amp; more","citation":"https://wefunder.com/transitnet#claim-fact-3","observed_at":"2026-06-21T05:00:20Z","expires_at":"2026-06-28T05:00:20Z"},{"claim_id":"claim-fact-4","value":"🏆 Stakeholders include Peter Thiel \u0026amp; other \"PayPal Mafia\" members","citation":"https://wefunder.com/transitnet#claim-fact-4","observed_at":"2026-06-21T05:00:20Z","expires_at":"2026-06-28T05:00:20Z"},{"claim_id":"claim-fact-5","value":"🚀 Positioned to revolutionize $45B crypto infrastructure market, $325B global fintech market","citation":"https://wefunder.com/transitnet#claim-fact-5","observed_at":"2026-06-21T05:00:20Z","expires_at":"2026-06-28T05:00:20Z"},{"claim_id":"claim-fact-6","value":"🥇 World's first crypto proof-of-ownership registry, safeguarding trillions worth of crypto assets","citation":"https://wefunder.com/transitnet#claim-fact-6","observed_at":"2026-06-21T05:00:20Z","expires_at":"2026-06-28T05:00:20Z"},{"claim_id":"claim-fact-7","value":"🧭 Patent-pending functional beta product solving complex investor pain points","citation":"https://wefunder.com/transitnet#claim-fact-7","observed_at":"2026-06-21T05:00:20Z","expires_at":"2026-06-28T05:00:20Z"}],"latest_fundraise":{"id":56200,"entity_id":"wefunder:fundraise:56200","state":"successful","offering_type":"4(a)(6)","structure":"safe","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2022-06-14T00:40:29Z","funding_closed_at":"2022-12-09T05:02:21Z"},"investor_memos":[],"team":[{"id":1208186,"entity_id":"wefunder:company_role:1208186","name":"Will Coleman","title":"Architect","role":"employee"}],"featured_investors":[{"id":5498,"entity_id":"wefunder:company_investor_profile:5498","name":"Stephen Roulac","profile_url":"https://wefunder.com/stephen.roulac"}],"relationships":[{"source_entity_id":"wefunder:company:70613","relation":"has_team_member","target_entity_id":"wefunder:company_role:1208186"},{"source_entity_id":"wefunder:company:70613","relation":"has_featured_investor","target_entity_id":"wefunder:user:37235","target_url":"https://wefunder.com/stephen.roulac"},{"source_entity_id":"wefunder:company:70613","relation":"has_latest_fundraise","target_entity_id":"wefunder:fundraise:56200"}],"faq":[{"question":"Hello Team, Super Excited about this technology. It would be great to bring you on my podcast! Let me know what day works best for you!","answer":"Thank you! I'd be happy to join your podcast. I'll send you an email and we'll figure out a time for next week."},{"question":"Hi Eric, Since TransitNet is a spin off of CapLinked how much of TransitNet will CapLinked investors own.","answer":"Hi Sarit. Thank you for your question. The answer ultimately depends on a variety of factors, including the amount of future financing and the corresponding valuation the company receives. This current round is using a SAFE, so the valuation and resulting dilution won't be known until a future priced equity round."},{"question":"I see that this deal is a SAFE. Will you guys have another round in the future and if you do will it convert to the preferred stock so is the investors who are taking a chance now will not get taken advantage of?","answer":"Hi Aurus. Yes, this round is using a SAFE. An investment made in this round\u0026nbsp;would therefore convert into a future equity round, but at a valuation described by the terms of the SAFE. Like any early-stage investment, there are risks involved, as well as potential benefits, too. If you haven't seen it already,\u0026nbsp;I'd recommend reading\u0026nbsp;WeFunder's FAQ on the topic of SAFEs for an in-depth discussion.\u0026nbsp;\u0026nbsp;https://help.wefunder.com/#/co...)\u0026nbsp;"},{"question":"Sir please extend the realise date I am interested to invest this but I don't have money now please extend at least extra 30to 45days is helps to rise capital and invest this company","answer":"Thank you for your interest in our company. Our public launch was today, however new investors are welcome to participate as long as there is room left in the round. We hope it will work out for you to join."},{"question":"Quick question. Is the target audience companies that want to hold their own keys? With companies like Fidelity creating cold storage solutions for corporations, why wouldn’t I just store my keys with them and then they are able to verify my assets? Or does Fidelity become the...","answer":"While custodial solutions are becoming an important part of the ecosystem, self-hosted wallets will remain useful, too. These options serve different functions and will co-exist. We believe our title registry will have value for both self-hosted and custodial wallets. Companies or individuals that utilize a mixture of those options will be well-served by having title records for all their wallets. Custodians should value a third-party tool for verifying title on incoming assets, as well as es..."}],"recent_posts":[],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-22T03:29:16Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-21T05:00:20Z","as_of":"2026-06-22T03:29:16Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-21T05:00:20Z","as_of":"2026-06-22T03:29:16Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2026-05-07T21:41:56Z","as_of":"2026-06-22T03:29:16Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2026-05-07T21:41:56Z","as_of":"2026-06-22T03:29:16Z","confidence":"medium"}}}}}}