Malum Inc

Coralville, IA · Founded 2019 · Defense · Private

Payments platform that accepts card payments and settles in cryptocurrency

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Updated · intellisee.com

Sector
Defense
Headquarters
Coralville, IA
Founded
2019
Latest Form D
$1M, Nov 2025
Total capital
$8.9M
Federal grants
$150K
1 award · 2020
Rank in peer group#10 of 88
Private capital raised
$8.7M
5 Form D · last Nov 2025
11 months since last filing
Federal contracts
None on recordNo federal contract awards found.
Granted patents
None on recordNo USPTO grants. Applications publish after 18 months.

Capital timeline

2019202020212022202320242025FEDERAL ↑EQUITY ↓Cumulative $8.9M$150K1st Form D$2M2nd Form D$5M
2019202120232025FEDERAL ↑EQUITY ↓Cumulative $8.9M$150K1st Form D$2M2nd Form D$5M

Latest events

  • Private capital raisedForm D · SEC · 5th filing$1M
  • Private capital raisedForm D · SEC · 4th filing$115K
  • Private capital raisedForm D · SEC · 3rd filing$600K
  • Private capital raisedForm D · SEC · 2nd filing$5M
  • Federal grantDefense · Phase I · Leveraging Next Generation Artificial Intelligence to Improve Readiness$150K
  • Private capital raisedForm D · SEC · 1st filing$2M

Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.

Standing among 88 peers

Line = median

Defense · Software

  • Federal grants#10 · top 11%

Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.

Founders and team

From SEC Form D filings
  • Daniel ClayDirectorNamed in SEC Form D filings
  • Greg CarstensenExecutive Officer, DirectorNamed in SEC Form D filings
  • John IveyDirector, PromoterNamed in SEC Form D filings
  • Karim Abdel-MalekDirectorNamed in SEC Form D filings
  • Mike GoedkenExecutive OfficerNamed in SEC Form D filings
  • Richard FergusonDirectorNamed in SEC Form D filings
Show all 8 people
  • Scott KeplingerExecutive Officer, Director, PromoterNamed in SEC Form D filings
  • Thomas GoedkenExecutive OfficerNamed in SEC Form D filings

What it has protected

No granted patents are on record.

USPTO usually publishes applications 18 months after filing, so recent applications may not be visible yet. Patents assigned under a different entity name won’t match.

Checked: USPTO granted patents and published applications · Oct 23, 2026

  • YANKEE SCIENTIFIC INCSimilar federal contract value in Defense · null in contracts
  • WavefrontSimilar federal contract value in Defense · null in contracts
  • RMX INDUSTRIES, INC.Similar federal contract value in Defense · null in contracts
  • QWAKE TECHNOLOGIES, LLCSimilar federal contract value in Defense · null in contracts
  • TensorX, Inc.Similar federal contract value in Defense · null in contracts
  • AVID LLCSimilar federal contract value in Defense · null in contracts

Regulatory activity · Defense

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.

Sources

Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.

How to read this page

Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.

Data freshness

SEC Form D filings through . SBIR and STTR awards through .