Interlock builds ThreatSlayer, an AI-powered Web3 browser extension that blocks malicious URLs, wallet drainers and scams while incentivizing users to share anonymized threat data. The platform pairs a crowdsourced rewards nexus called Galactus with an AI detection engine, Octahedron, which uses supervised learning and a proprietary decision-tree algorithm to classify and predict threats. Near-term product plans include ThreatSlayer on mainnet, a Token Generation Event for the utility coin $ILOCK, and a security-staking feature; the company also plans enterprise product launches within the next 12 months. Interlock will make $ILOCK available on Arbitrum and Aleph Zero and intends to use crowdsourced data to enter the $11 billion yearly B2B threat-intelligence market. The company reports strong early traction from a year-long beta (29,000+ weekly active users, 80% outside the U.S.) and currently cites 30,000+ weekly users and a 79,000-strong community. Interlock has raised $4.1 million via two oversubscribed private sales of $ILOCK led by Outlier Ventures and is headquartered in Zug, Switzerland.

Total raised

$4M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2024