ChipBrain

ChipBrain

Early Stage

Emotionally intelligent AI for sales professionals

Emotionally intelligent AI for sales professionals

Overview

Raised to Date: Raised: $248,845

Total Commitments ($USD)

Platform

Netcapital

Start Date

08/26/2020

Close Date

10/26/2020

Min. Goal
$10,000
Max. Goal
$248,845
Min. Investment

$1

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.93

Pre-Money Valuation

$3,533,600

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/31/2020

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$4,147

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2020

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Location

Lewes, Delaware

Business Type

Growth

ChipBrain, with a post-money valuation of $3.7 million, is raising crowdfunding on NetCapital. The company has made an emotionally-intelligent sales assistant for sales professionals. The assistant provides real-time feedback on the emotional response of the clients and helps the salespeople understand and communicate better. Lisa Vo, Curtis Northcutt, and John Fanning founded ChipBrain in June 2020. The proceeds of the current crowdfunding round, with a minimum target of $10,000 and a maximum target of $248,845, will be used for engineering and development, marketing, and general and administration expenses. ChipBrain identifies key turning points in conversations and predicts the likelihood of success. It has multiple competitive advantages, including personalized feedback, a data-driven approach, and real-time automated coaching for sales reps.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 08/26/2020
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
ChipBrain 06/07/2023 Netcapital $20,151,418 $716,664 Equity - Common Funded RegCF
ChipBrain 04/29/2021 Netcapital $10,016,818 $821,155 Equity - Common Funded RegCF
ChipBrain 02/05/2021 Netcapital $10,837,973 $0 Equity - Common Funded Test the Waters
ChipBrain 10/25/2020 Netcapital $3,533,600 $248,845 Equity - Common Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Founder Profile

ChipBrain Co-Founders Discuss Empathy AI

There’s a growing consensus that remote work is here to stay. And that means business practices will need to adapt to a virtual setting. One of the hardest things to do over video calls, however, is build relationships — either within a team or with clients. The lack of body language and social cues in virtual settings can make sales and deal completions especially challenging.


Enter ChipBrain. Through the use of emotionally intelligent AI, ChipBrain wants to provide a tool that allows users to tap into the emotional subtext of a virtual conversation. We spoke to co-founders Lisa Vo and Curtis Northcutt to learn more about empathy AI and their vision for what ChipBrain can do.


Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.


Read Founder Interview

Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
ChipBrain on NetCapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $3,533,600
Price per Share: $0.93

Follow company

Follow ChipBrain on NetCapital

Buy ChipBrain's Deal Report

Warning: according to the close date for this deal, ChipBrain may no longer be accepting investments.

ChipBrain Deal Report

Get KingsCrowd’s comprehensive report on ChipBrain including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether ChipBrain is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the ChipBrain deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge