BeAssured

BeAssured

Closed: Apr. 2025

About this raise

BeAssured, with a valuation of $4.9 million, is raising funds on NetCapital. It is an AI-powered digital agency with an online review platform to support local businesses. BeAssured enables local businesses to grow their online presence and build consumer trust, and helps consumers make informed decision when shopping local. The platform provides AI-powered review chat, AI-assisted review responses, AI-assisted profile optimization, and local SEO services and works on a monthly subscription model. Santoash Rajaram and Tom Davenport founded BeAssured in June 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $300,000. The campaign proceeds will be used for team expansion, marketing, software development, and operating expenses.

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Investment Overview

Invested this round: $65,802

Deal Terms

Total Commitments

Platform
Netcapital
Start Date
10/28/2024
Close Date
04/14/2025
Min. Goal
$10,001
Max Goal
$300,001
Min. Investment

$99

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.55

Pre-Money Valuation

$4,985,832

Company & Team

Company

Year Founded
2022
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Location
Little Rock, Arkansas
Business Type
High Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
Yes
Founder Name
Santoash Rajaram
Title
Founder
Founder Name
Tom Davenport
Title
Executive of Operations

Financials

 Revenue
$576
as of FY2023
 Monthly Burn
$12,000
as of Oct '24
 Runway
0.3 months
as of Oct '24

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$576

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-120,421

$-21,472

Summary Balance Sheet

FY 2023 FY 2022

Cash

$19,825

$985

Accounts Receivable

$0

$0

Total Assets

$19,825

$985

Short-Term Debt

$0

$0

Long-Term Debt

$149,908

$21,457

Total Liabilities

$149,908

$21,457

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$201,022
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/14/2025 Netcapital $4,985,832 $65,802 Equity - Common Funded RegCF
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Add to portfolio
BeAssured on NetCapital 2024
Platform: Netcapital
Security Type: Equity - Common
Valuation: $4,985,832
Price per Share: $1.55

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Follow BeAssured on NetCapital 2024

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

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