KapitalWise, Inc.

Deal To Watch
BETA

Customer relationship management AI platform for financial institutions

Analytics

Raised to Date: $97,600

Aggregate Commitments $
Platform

Microventures

Start Date

03/19/2020

Close Date

05/18/2020

Min. Goal

$25,000

Max. Goal

$107,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Series

Seed

Valuation Cap

$8,000,000

Discount Rate

20%

Weekly Commitments $
Status
Funded
Reporting Date

05/31/2020

Days Remaining
Funded
% of Min. Goal

390%

% of Max. Goal

91%

Likelihood of Max
Funded
Avg. Daily Raise

$1,627

# of Investors

339

Momentum
Funded
Location

New York, NY

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Business Type

High Growth

KapitalWise, with a valuation cap of $8 million, is raising funds on MicroVentures. The company aims to improve the relationships of banks with their customers through its artificial intelligence platform. The platform analyses customers’ data and preferences, predicts their future cash flow and detects changes in their financial position. It helps the banks to hyper-personalize their customer engagements. KapitalWise was founded by Sajil Koroth in 2017 and has raised more than $250,000 since its inception. The current round of crowdfunding has a minimum goal of $25,000 and a maximum goal of $107,000, and the proceeds will be used towards campaign marketing, campaign fee, general marketing, research and development, cloud infrastructure, and general working capital. KapitalWise is led by an experienced team and generated $79,000 in revenues in 2019, up 156.49% year-over-year.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$79,000

$30,800

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-197,123

$-110,187

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$9,893

$60,544

Accounts Receivable

$57,000

$0

Total Assets

$66,893

$174,544

Short-Term Debt

$5,400

$0

Long-Term Debt

$219,080

$0

Total Liabilities

$224,480

$161,883

Summary of Crowdfunding Raises
Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
12/21/2020 StartEngine $14,988,458 $144,283 Equity - Common Active RegCF
05/18/2020 Microventures $8,000,000 $97,600 Convertible Note Confirmed Closed RegCF

Ratings

last updated 08/23/2020

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Analyst Report

Deal To Watch
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Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
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