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Symmatrics, Inc.

Encryption software and secure network access for organizations handling sensitive data.

Updated Nov 10, 2026·Latest SEC filing Apr 22, 2026·Suggest an edit

About Symmatrics

Symmatrics is a private company based in Vienna, Virginia. It has reported $17,547,847 raised in five offerings on Form D since September 2024. Its chief executive is Walter Raquet.

Funding Rounds (SEC Form D)

First saleFiled with SECAmount soldInvestorsAvg. checkTermsFiling
Oct 3, 2024Jan 17, 2025amended Apr 22, 2026$11,748,971of $17.6M target158$74,361EquityRule 506(b)Form D/A ↗2 earlier filings
Apr 16, 2016Sep 5, 2024$1,380,787of $7.3M target16$86,299EquityRule 506(b)Form D ↗
Apr 19, 2022Sep 5, 2024$3,499,672of $7.2M target8$437KEquityRule 506(b)Form D ↗
Mar 30, 2015Sep 5, 2024$368,417fully sold10$36,842EquityRule 506(b)Form D ↗
Nov 15, 2023Sep 5, 2024$550,000of $4.0M target10$55,000Debt, Convertible NotesRule 506(b)Form D ↗
Total, five offerings$17,547,847

First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.

Leadership Team

Executive officers and directors listed on Symmatrics's Form D filed Apr 22, 2026.

Michael Magsig
Michael Magsig
Board Member
Robert Turner
Robert Turner
CFO & COO, director
JE
Joe Eaton
Symmatrics Board Member
Barry Wells
Barry Wells
Board Member
Michael Arneson
Michael Arneson
Co-Founder and director
William Bandy
William Bandy
Co-Founder & Chief Scientist, director
Also an executive officer and director at New Sapience.

Sources

  1. SECSymmatrics, Inc. Form D/A, filed Jan 8, 2026
  2. SECSymmatrics, Inc. Form D, filed Jan 17, 2025
  3. SECSymmatrics, Inc. filing history
  4. CompanyPrivacy policy
  5. CompanyContact
  6. CompanyLeadership
  7. CompanyBanking and finance
  8. PressSymmatrics VPN announcement