# Geeq Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/geeq

- Industry: Software
- Headquarters: Waterloo, Canada
- Website: www.geeq.io
- Total disclosed funding: $0.3M
- Latest round: Series A (Oct 21, 2020)
- Investors on record: 1

## About

Geeq Corporation specializes in blockchain technology, providing a secure environment for developers to protect user data, assets, and transactions with its innovative Layer 0 protocol.Founded in 2017 and headquartered in Waterloo, Canada, Geeq Corporation focuses on enhancing security in decentralized finance. Stephanie So, the CEO and founder, leads the company, which raised USD 340,000 in its Series A funding round on October 21, 2020, from Impact Venture Capital. The company has completed a total of 1 deal to date.Geeq's primary offering is its innovative blockchain technology, designed to provide web and mobile app developers with a secure environment for protecting user data, assets, and transactions. The core product is Geeq's Layer 0 protocol, which validates every transaction in the order received, ensuring a tamper-proof and verifiable timeline of activities. This architecture addresses key challenges within decentralized finance, such as the elimination of miner extractable value (MEV) and the need for trustless interactions among users. By enabling users to certify ownership, authenticity, and chain-of-custody without relying on smart contracts, Geeq simplifies processes across various chains and supports the creation of new markets for trading unique assets. The technology is geared towards developers and organizations across diverse sectors including finance, supply chain management, and data governance, with a focus on global markets such as North America and Europe.The revenue model for Geeq is built around the use of Geeq Coins, which are essential for transactions within its public blockchain ecosystem. Clients engage in B2B transactions by utilizing Geeq's platform for secure validation and efficient data management, which may include fees for validator services, staking, and ledger rent. As part of its operational framework, Geeq provides opportunities for tokenholders to access premium services and products, potentially including pre-orders and point redemption programs with partner vendors. The structure of transactions is designed to empower businesses with zero-trust security practices while facilitating streamlined governance and verified data sharing. While specific pricing plans for individual services have not been disclosed, the platform's utility is aligned with the needs of organizations seeking enhanced security and transparency in digital interactions.In October 2020, Geeq Corporation raised USD 340,000 in Series A venture funding, led by Impact Venture Capital, to support its strategic initiatives. The company plans to enhance its product offerings and expand into new markets in North America and Europe by 2023. The recent funding will be utilized to develop new features for its blockchain technology, further solidifying its position within the decentralized finance space.

## Funding rounds

- Series A, Oct 21, 2020, $0.3M — Impact Venture Capital

## Investors

- Impact Venture Capital (https://capitalatlas.ai/funds/impact-venture-capital) — Series A