Catailyst

Early Stage
Comprehensive and categorized actionable data
Overview
Raised: $67,400
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/27/2023
Days Remaining
46
% of Min. Goal
674%
% of Max. Goal
5%
Likelihood of Max
Avg. Daily Raise
$3,965
Momentum
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Year Founded
2019
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Catailyst, with a valuation of $10 million, is raising funds on NetCapital. The business uses artificial intelligence and automation to understand clinical, scientific, and business announcements from various public information sources. The company has also launched a data analysis platform and database to provide access to such data. The data obtained from public information sources, like SEC filings, press releases, and trial registrations, is then used to create actionable data for the users. Arindrajit Basak founded Catailyst in May 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used for salaries, advertising and marketing, patents, research and development, technology, website, and other expenses.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$25,500 |
$0 |
COGS |
$4,183 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-11,345 |
$-19,393 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$12,392 |
$20,535 |
Accounts Receivable |
$990 |
$0 |
Total Assets |
$21,576 |
$30,396 |
Short-Term Debt |
$0 |
$0 |
Long-Term Debt |
$50,035 |
$50,035 |
Total Liabilities |
$50,035 |
$50,035 |
Financials as of: 03/10/2023
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