OfferingRegistry
Offerings / Regulation CF / Gryphon Online Safety, Inc.

Gryphon Online Safety, Inc.

Regulation Crowdfunding offering on StartEngine · Form C filed March 3, 2026 · San Diego, California

Repeat issuerSAFERevenue over $1MCorporation, DelawareTechnologyConsumer cybersecurity hardware and software for home network protection

Gryphon Online Safety, Inc. (Delaware, San Diego, CA, incorporated June 19, 2014) sells an AI-powered edge network protection platform, including subscription WiFi routers, parental controls and threat detection, and licenses its software to OEMs and partners. The company is in-market and revenue-generating, with audited FY2024 net revenue of $2,389,044, and is offering up to $2,000,000 in Simple Agreements for Future Equity (SAFEs) with a $20,000 minimum target.

Registry notesRelated-party dealings include $6,999 paid in 2024 to The Kumar Law Firm (a director's firm) and a $28,018 senior secured promissory note held by John Wu, a 20%+ owner, at 15% interest; HUM Capital and the SBA hold first-priority liens on substantially all company assets, and the auditors and company notes state substantial doubt about going concern. The filing is internally inconsistent: the Form C text cites $16 million in total revenue versus audited FY2024 revenue of $2,389,044, the MD&A states FY2023 revenue of $1,952,463 versus $1,932,463 in the statements, and the offering memorandum lists a $300,000 convertible note while the financial statements show $517,289 of convertible equity instruments.

Profile details below were extracted automatically from the issuer's filing documents. Figures in the financial table come directly from the SEC's structured Form C data.

Offering terms

Security
Simple Agreement for Future Equity
Maximum
$2,000,000.00
Price
Not stated per unit
Pricing method
N/A
Deadline
April 30, 2026
Oversubscriptions
Accepted
Intermediary
StartEngine Primary, LLC
Broker-dealer, SEC file 008-70060
Intermediary fee
7 - 13 percent
Intermediary equity
One percent (1%) of securities of the total amount of investments raised in the offering, along the same terms as investors.

Financials as filed

ItemMost recent FYPrior FY
Revenue$2,389,044$1,932,463
Cost of goods sold$784,625$1,135,887
Net income (loss)-$548,952-$2,082,821
Total assets$2,284,592$2,408,378
Cash and equivalents$267,766$82,149
Accounts receivable$65,017$0
Short-term debt$2,578,222$2,405,366
Long-term debt$1,242,352$1,085,042
Taxes paid$0$0

Two fiscal years as reported on the Form C cover sheet. 2 employees. Offered in 52 states.

Use of proceeds

At the $20,000 target: StartEngine platform fees 7.5% and R&D 92.5% (additional software development). At the $2,000,000 maximum: StartEngine platform fees 7.5%, sales and marketing 32.5%, operations and support 30.0%, and R&D 30.0%. The company may change the intended use if officers believe it is in the company's best interests.

Valuation

Valuation cap of $35,000,000 and a 20.0% discount on the SAFE, with the SAFE converting into Series A-1 Preferred Stock at a $1,000,000 qualified equity financing. Investor bonuses add to the discount: loyalty bonus of 10%, early bird bonuses of 3% to 12%, flash perks of 5%, amount tiers of 1% to 7%, and a 10% StartEngine Venture Club bonus. No price per security is stated. Minimum investment is $500.

Prior raises

Not stated

Financial statements

Financial statements are audited. FY2024 statements were audited by George Dimov CPA (report dated April 28, 2025) with no going concern paragraph in the auditor report, although Note 1 states substantial doubt about going concern. FY2023 and FY2022 statements were audited by Fruci & Associates II, PS (report dated April 29, 2024) with an unmodified opinion that includes a going concern paragraph.