Optelos

A patented data management, visualization, and AI analytics SaaS solution for industrial asset inspection

Analytics

Raised to Date:

$664,409 - RegCF
$924,409 - Total

Deal Info
Investment Momentum
Company Profile
Excerpt
Financials

Aggregate Commitments $

Platform

SeedInvest

Start Date

11/26/2020

Close Date

01/24/2021

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$1,000

Security Type

Convertible Note

Funding Type

RegCF / RegD 506(C)

Series

Seed

Valuation Cap

$8,000,000

Discount Rate

20%

Rolling Commitments $

Status

Funded

Reporting Date

01/31/2021

Days Remaining

Funded

% of Min. Goal

2,658%

% of Max. Goal

62%

Likelihood of Max

Funded

Avg. Daily Raise

$11,261

# of Investors

603

Momentum

Funded

Logos provided by Clearbit

Location

Pflugerville, Texas

Industry

Energy, Power, & Natural Resources

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Business Type

Growth

SEC Filing

Company Website

Optelos, with a valuation cap of $8 million, is raising crowdfunding on SeedInvest. It is a SaaS solution that uses data management, artificial intelligence, and visualization for industrial asset inspection. The platform transforms unstructured images and metadata into an information model that functions on reality modeling and automation. David Tran and David Collmann founded Optelos in 2016 and have raised $250,000 in previous rounds of financing. The proceeds of the current crowdfunding campaign, with a minimum target of $25,000 and a maximum target of $1,070,000, will be used for marketing, embedding software, and business development. Optelos is a Commercial Partner of Microsoft One and is engaged in collaborative projects with Accenture.

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$363,681	$262,919
COGS	$48,733	$71,397
Tax	$0	$0


Net Income	$-318,592	$-540,948

Summary Balance Sheet

	Most Recent Year	Prior Year
Cash	$113,274	$3,896
Accounts Receivable	$23,877	$80,888
Total Assets	$150,594	$106,170
Short-Term Debt	$257,185	$631,760
Long-Term Debt	$0	$0
Total Liabilities	$257,185	$631,760

Pay Monthly

Annually (Save 17%)

: $8.33 /month
billed annually; Free portfolio tracking. Limited reports and filters.; Plan Includes:; Everything in Free, plus; Advanced company search ( limited filters); Founder profiles and exclusive webinars; 2 Analyst Reports per month; Get Starter Annual Get Starter Monthly

: $25 /month
billed annually; Unlimited analyst reports and market analytics.; Plan Includes:; Everything in Starter, plus; Full access to all Analyst Reports; Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.); Market Analytics; Get Pro Annual Get Pro Monthly

: $41.67 /month
billed annually; Full site access including Merlin ratings.; Plan Includes:; Everything in Pro, plus; Search and filter companies by Merlin ratings; Company specific Merlin rating and risk assessment; Get Merlin Annual Get Merlin Monthly