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TAO Technology

Enterprise Grade Intelligent Web Application Firewall

Georgia
Market: Internet and IT, Another, Blockchain, Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 23.11.2022
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Idea

We develop a web application firewall to help businesses, that have critical information on their websites, secure it from hackers with the help of artificial intelligence

Current Status

raising money, final product 80% is ready, have MVP, Product tested in Live

Problem or Opportunity

Every day, 30.000 websites are hacked around the world, causing significant data breaches and financial damage to the businesses

The second issue is There are web application firewalls on the market that are easy to bypass because they are not flexible; I mean, they are made with just algorithms and filters, and if an attacker understands how that firewall algorithm works, then he could be able to bypass firewall security and gain access to the website without any restrictions.

Solution (product or service)

We create Tao WAF, which is based on machine learning; this means that our firewall learns from data and evolves on its own, but it's also flexible because it's not just an algorithm but an AI model that can make independent decisions based on data. Using AI, we create a new generation of firewalls that improve the security level of web sites.

Competitors

Azure Web Application Firewall.
AWS WAF.
Wallarm API Security Platform.
Cloudflare Spectrum.
F5 Advanced Web Application Firewall (WAF)
Cloudflare WAF.
FortiWeb

Our main competitors are Cloudflare, FortiWeb and F5

Advantages or differentiators

both TAO Waf and Cloudflare are machine learning solutions.

But we give our customers the guarantee that if someone is able to hack their websites by our fault, they get a full refund of what they spent in the past on our subscription. No other company on the market does that; we are the first ones who secure our customers' websites and also give them a security and money-back guarantee if something bad happens.

Also, we have our own network for our customers; every customer who uses our paid subscription will be a part of our network. So what does it mean to be a part of our network? Assume you all use our service and are part of our network; if I am an attacker and I attack someone's website from TAO Network, the firewall blocks my malicious request and blocks my IP address; however, I am now blocked in the TAO Network and will never be able to attack any customers' websites from the same IP address who are part of the TAO Network.

Business model

Our business model is freemium, but we have extra features in our paid plan that motivate our customers to get paid subscriptions, which is our main purpose. Our plan's price is $30 for a month and $320 for an annual subscription. But don't forget that we guarantee your security and your money back if something bad happens, as we already mentioned.

Prices are calculated just for one website, one domain; if your website has, for example, five domains, you must pay for five domains, but with lots of benefits.

Money will be spent on

Marketing and brand awareness
hardware infrastructure (Servers)

Offer for investor

If you are an investor, take a look into the future and assume what happens on the WAF market 5 years later.

AI came into our lives in the last 5 years. Our product is fully based on AI, and we are going to develop it as much as we can.

Security and AI are both in the future, and we are the company that creates security systems based on AI.

You may invest in AI today and earn millions or billions of dollars in the future . However, if you want to win big, you must risk small amounts of money.

OFFER:
1% ownership in the company for $50,000 
2% ownership in the company for $100,000 
3% ownership in the company for $150,000 
4% ownership in the company for 200,000 
5% ownership in the company for $250,000 
6-7% ownership in the company for $300,000 

Team or Management

Risks

In the cybersecurity world, if you want to be a successful company on the market, you must be the best, or be on the lists of the best ones.

We have the potential to be the company, which we described above, but we need finances; all of our competitors are multi-million and billion-dollar companies.

If you have a name, you have everything. To have a name, you must be the best. In this world, your name determines who you are and who your customers will be.

Incubation/Acceleration programs accomplishment

Founder Institute
SPARK
Impact Hub Tbilisi

Won the competition and other awards

Fintech Hackathon 2022
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video