Cologne-based AuditOne secures €800K in seed funding. High-Tech Gründerfonds (HTGF) headed the round, and Sebastian Herzog, Florian von Bodman, and others took part.
The funds will be utilised by the business to advance the creation of AI SaaS solutions in the direction of AI tool research and development.
Peer-reviewed smart contract audits and other Web3 security services are provided by AuditOne, an auditor pooling platform founded by Adrien Resch, Raja Sekhar Thota, and David Velek with backing from venture builder Soonami.io.
To guarantee the dependability and security of smart contracts, the platform provides an extensive array of security services and solutions. These consist of self-service audit tools, bug bounties, coverage pools, auditor aggregators, standardised audit reports, and AI auditing tools.
Projects can request an audit from AuditOne, and for a set charge, the company will assemble a team of knowledgeable auditors to examine the project’s codebase. For spotting any problems during the auditing process, auditors are rewarded with bonuses.
For digital businesses with a decentralised workforce, AuditOne provides complete protection through smart contract audits, pen-testing, bug bounties, and on-chain monitoring and verification services. In this multi-stakeholder world, they are the layer of trust.