Dive
Early Stage
AI-powered meeting assistant
Overview
Raised: $0
Total Commitments ($USD)
Platform
Republic
Start Date
03/24/2023
Close Date
04/30/2023
Min. Goal
$25,000
Max. Goal
$1,235,000
Min. Investment
$100
Security Type
SAFE
Series
Series A
SEC Filing Type
RegCF
Valuation Cap
$23,400,000
Discount
0%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
05/01/2023
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2020
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Dive, with a valuation of $23.4 million, is raising funds on Republic. The company has developed an AI-powered meeting assistant that makes running meetings a breeze. The platform aligns everyone before the meeting to focus on important points, keeps track of the meeting, makes meetings actionable, and takes notes. Dive is led by an experienced team and has spread to more than 15,000 users in over 160 countries. Nitesh Agrawal and Om Prakash Shanmugam founded Dive in July 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1.24 million. The campaign proceeds will be used for engineering, sales and marketing, and product development.
Summary Profit and Loss Statement
| FY 2021 | FY 2020 | |
|---|---|---|
|
Revenue |
$6,849 |
$50 |
|
COGS |
$254,916 |
$2 |
|
Tax |
$5,709 |
$0 |
| ||
| ||
|
Net Income |
$-826,920 |
$-106,994 |
Summary Balance Sheet
| FY 2021 | FY 2020 | |
|---|---|---|
|
Cash |
$1,869,138 |
$1,484,720 |
|
Accounts Receivable |
$7,005 |
$0 |
|
Total Assets |
$1,927,891 |
$1,499,069 |
|
Short-Term Debt |
$41,450 |
$7,671 |
|
Long-Term Debt |
$200 |
$200 |
|
Total Liabilities |
$41,650 |
$7,871 |
Financials as of: 03/24/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.