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The information security market is hot, as in trillion-dollar-market-opportunity hot. It seems like we hear of a new hacking case at a major corporation, government agency, or even of someone we know almost daily.

With all the great things the internet has brought us, it’s also brought a very different world of cybercrime — a world in which more than $375 billion in financial and personal information is lost every year.

But help is on the way.

#-ad_banner-#I’ve found an electronic wallet application that could change all of that and keep your information where it belongs… with you. Instead of sending your personal information to retailers in an ecommerce transaction, this company is going to encrypt the information on your phone. It keeps your personal information off of massive retailer databases, the juiciest targets for cybercriminals. Imagine what such a sense of security could be worth — both to shoppers and store owners.

But here’s the thing: You can’t buy shares of this company in the stock market. It’s still a private enterprise.

But you can get a piece of the action as a pre-IPO investor.

An Electronic Wallet Safe From Cyber Pickpockets
Airbitz is the first electronic wallet that secures transaction data on your phone. In the past, customer data has been stored on third-party servers, only to become the target of hackers. An estimated $375 billion in cybercrime losses occur every year; some of the more notorious hacker-targets in recent years include Target (NYSE: TGT), JPMorgan Chase (NYSE: JPM) and Anthem (NYSE: ANTM). Edge-Security by Airbitz reduces this risk by encrypting and storing your data on your device so that only the business receiver is able to decode it. A hack on the business server then yields nothing but encrypted data.

And the market for cybersecurity continues to explode. JPMorgan Chase recently doubled its annual cybersecurity budget to $500 million, and the U.S. government has increased its annual budget by more than a third to $19 billion to fight cybercrime in 2017. Research firm Cybersecurity Ventures expects more than $1 trillion will be spent on cybersecurity over the five years to 2021 with up to 15% annual growth in spending.

Airbitz says it is signing up 300 new accounts per day and has logged more than 100,000 application installs since 2014. The company has already raised nearly $1 million in prior funding from tech venture capital firms such as Block 26, Plug & Play Ventures, and Bitcoin Fortress Ventures. Moreover, Airbitz is expanding its features to allow users to manage all personal data, from financial records to controlling connected devices in the home.

Any investor can get in on Airbitz for as little as $300 via the WeFunder crowdfunding portal. The company is raising money through a Simple Agreement for Future Equity (SAFE), which means you get stock at a discount when the company raises more money in the future.

As with all investments, I encourage you to do your own due diligence.

I haven’t yet done detailed market and valuation analysis on Airbitz, but it’s a company that’s on my radar. Only subscribers to StreetAuthority’s Pre-IPO Millionaire advisory have access to the hottest startups that are getting my full-fledged analysis and recommendations. Click here to get started.