Investor Information
Evidence-first approach to Series A readiness
LIVE LOCKED
Foundation Summary
Entity: ETHRAEON (sole proprietorship: S. Jason Prohaska / ingombrante©)
Status: Operational (build initiated March 12, 2025; core system development April 2025–January 7, 2026; sole proprietor)
IP: 15 filed USPTO provisional patents + 25+ unfiled innovations
Infrastructure: Live VPS, Tracelet v1.1.0, 25 ATLAS-C engines, SOC2/GDPR/EU AI Act ready
Valuation: €267M / €504M / €750M+ (ratified regime, hyperscaler seed comparable methodology)
Market: $65B+ TAM across 9 sectors (Constitutional AI Governance + Developer Tools + Ethical Discovery)
Revenue Projections: $2M-$4M Year 1, $6M-$10M Year 2, $12M-$18M Year 3
Cost Basis & Capital Efficiency (Context)
ETHRAEON is founder-funded and capital-efficient.
Direct cash spend is limited (hardware, infrastructure, filings, and essential services).
A replacement-cost equivalent may be provided as a contextual benchmark (what a typical team/lab would spend to reproduce similar outcomes). This is not a claim of cash spent.
Valuation bands are derived from sealed IP evidence, operational proof, and market positioning—not from founder cash burn.
Verification Checklist
ETHRAEON's launch is evidence-first. All claims are backed by immutable artifacts. Prospective investors should verify:
- Review all 15 USPTO application numbers (63/927,486 → 63/938,290)
- Verify filing dates (Nov 29 – Dec 11, 2025)
- Inspect USPTO receipt files (37 receipts: Payment Receipt, Submission Receipt, APP.FILE.REC, WELCOME.LET)
- Review specification PDFs (56 files, 15/15 patents with evidence)
- Note conversion deadline (Nov 29, 2026 – Dec 11, 2026, 12-month window)
- Verify VPS accessibility:
curl -I http://89.147.111.128/health - Inspect Tracelet v1.1.0 registry (6-agent system)
- Review 25 ATLAS-C engine list (all operational, substrate-level)
- Examine SOC2 compliance framework (54 files)
- Review GDPR templates and EU AI Act readiness documentation
- Review hyperscaler seed comparables (Anthropic $124M, OpenAI $11M, DeepMind $500M)
- Verify methodology: patent portfolio €106M-€156M + unfiled innovations €187M-€312M + operational multipliers
- Note positioning: 15 filed patents (not papers) + 25+ operational innovations (not vaporware) + live enterprise infrastructure
- Review cost basis: ~€580K equivalent development cost basis (rate-based equivalence), sole proprietor, $2,100 filing fees
- Understand three-scenario regime: €267M conservative, €504M moderate (canonical), €750M+ strategic
- Review $65B+ TAM breakdown (AI Governance $45B + Dev Tools $12B + Ethical Discovery $8B)
- Examine 9-sector analysis (Financial, Healthcare, Government, Pharmaceutical, FinTech, Biotechnology, Space, Enterprise SaaS, Legal Tech)
- Understand forge thesis: "ETHRAEON is substrate/middleware (not just constitutional AI), like Kubernetes orchestrates applications"
- Review revenue projections: Year 1 $2M-$4M, Year 2 $6M-$10M, Year 3 $12M-$18M, Year 5 $50M-$100M
- Note exit scenarios: $500M-$3B strategic acquisition OR $5B+ IPO
- Download SHA256_MANIFEST_JAN7_2026.txt (15 artifacts hashed)
- Verify all evidence files match manifest hashes
- Review cross-validation report (47/47 checks PASS, 0 discrepancies)
- Confirm immutable evidence layer (Cache-Control: immutable headers)
- Note CARL Event 15 (FULL_METAL_ATOMIC_LAUNCH_EXECUTED, January 7, 2026)
Series A Targets
Round Size: €30M-€50M (target)
Valuation Target: €1B-€3B post-money (decacorn trajectory)
Use of Funds:
- Patent conversion (15 provisionals → full utility, $15K-$30K each)
- Team expansion (engineering, sales, compliance)
- Infrastructure scaling (multi-region deployment, enterprise SLAs)
- Go-to-market (pilot programs, enterprise partnerships)
- Compliance hardening (SOC2 Type 2, ISO 27001, additional certifications)
Timeline: Q1-Q2 2026 (outreach initiated)
Contact: [email protected]
Differentiators
| Aspect | ETHRAEON | Typical AI Seed |
|---|---|---|
| IP Protection | 15 filed USPTO patents | 0-3 research papers |
| Operational Status | Live infrastructure (VPS, Tracelet, 25 engines) | Research stage / early prototype |
| Compliance | SOC2/GDPR/EU AI Act ready (54 files) | Not yet addressed |
| Reduction to Practice | All 15 patents + 25+ wings operational | Paper claims, not operational |
| Market Positioning | Substrate/middleware (forge thesis) | Single product / chatbot |
| Development Timeline | March 12, 2025 → January 7, 2026 (sole proprietor) | Varies (often team-based) |
| Evidence Transparency | SHA-256 verified, immutable artifacts | Pitch decks, projections |
Valuation Methodology & Public Benchmarks
ETHRAEON Valuation Bands: €267M (conservative) / €504M (moderate) / €750M+ (strategic)
Method: Hyperscaler seed comparable methodology validated against institutional IP valuation frameworks. No projections. No media citations. Primary sources only.
IP & Patent Valuation Standards
- WIPO: IP valuation guidance, patent monetization frameworks · wipo.int/patents
- Ocean Tomo: Patent transaction data, IP litigation economics · oceantomo.com
AI Governance & Regulatory Frameworks
- OECD AI Principles: Global AI governance standards, economic impact studies · oecd.org
- EU AI Act: Legislative text, compliance requirements · eur-lex.europa.eu
Corporate Valuation & Intangible Assets
- PwC: IP valuation methodologies, technology assets · pwc.com
- Deloitte: Fair value measurement, IP licensing models · deloitte.com
Verification: All institutional sources verified active (HTTP 200/301/302). Last checked: January 7, 2026 17:15 UTC.
ETHRAEON is not chasing trends. It is building substrate-level infrastructure for the next decade of AI governance. Constitutional AI is not a feature – it is the foundation.
🜄 Humanitas Ante Machinam. Human authority preserved. Trust earned through transparency.