SapientX

Deal To Watch
BETA

A.I. software that gives a voice and intelligence to products.

Analytics

Raised to Date: $654,464

Aggregate Commitments $
Platform

Wefunder

Start Date

06/23/2020

Close Date

03/18/2021

Min. Goal

$50,001

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Equity - Preferred

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$6,900,000

Weekly Commitments $
Status

Active

Reporting Date

12/02/2020

Days Remaining

104

% of Min. Goal

1,309%

% of Max. Goal

61%

Likelihood of Max
Avg. Daily Raise

$4,040

# of Investors

1,279

Momentum
Location

Santa Cruz, CA

Industry

Business Services, Software, & Applications

Tech Sector

AutomationTech

Distribution Model

B2B

Margin

High

Capital Intensity

High

Business Type

Growth

SapientX, with a pre-money valuation of $7 million, is raising funds on Wefunder. The artificial intelligence software developed by the company provides voice and intelligence to products. The voice technology of SapientX can interact with users naturally and is applicable to vehicles, robots, telework, and consumer goods. SapientX was founded by David Colleen, Maclen Marvit, and Bruce Wilcox and has raised over $800,000 since its inception. The proceeds of the current crowdfunding round, with a minimum goal of $50,001 and a maximum goal of $535,000, will be used for sales, marketing, customer integration engineering, and patents completion. SapientX has the highest conversational understanding accuracy of up to 99%, compared to its competitors. The software is fast and efficient and can speak 40 languages and dialects.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$530

$41,010

COGS

$0

$32,529

Tax

$1,613

$0

 

 

Net Income

$-399,329

$-254,785

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$8,577

$265,057

Accounts Receivable

$0

$0

Total Assets

$8,577

$265,057

Short-Term Debt

$21,795

$24,793

Long-Term Debt

$196,093

$0

Total Liabilities

$217,888

$117,439

Summary of Crowdfunding Raises
Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
03/18/2021 Wefunder $6,900,000 $654,464 Equity - Preferred Active RegCF
11/02/2018 SeedInvest $5,000,000 $388,455 Equity - Preferred Confirmed Closed RegCF

Ratings

last updated 12/03/2020

Ratings Platform - Beta Trial

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.

Analyst Report

Deal To Watch
Ratings Platform - Beta Trial

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.
Other Deals

UNOMi on MicroVentures

Between video games, movies, and more, entertainment continues its shift toward a more digital existence. In games, features…

Crowd
Plant an App on Republic

Apps are a big business. Today, there exist 1.82 million apps on the…

Crowd
SampleServe on NetCapital

SampleServe has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved for deals selected…

Crowd
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add SapientX on Wefunder
Follow company
Follow SapientX on Wefunder