Espre Technologies

Espre Technologies

Early Stage

NvisLink-Reimagined Wireless Security for the Age of Everything

NvisLink-Reimagined Wireless Security for the Age of Everything

Overview

Raised to Date: Raised: $297,973

Total Commitments ($USD)

Platform

StartEngine

Start Date

06/21/2021

Close Date

12/20/2021

Min. Goal
$9,999
Max. Goal
$1,070,000
Min. Investment

$300

Security Type

Equity - Common

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.50

Pre-Money Valuation

$32,055,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/30/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,646

# of Investors

314

Momentum
Funded
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Year Founded

2018

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Location

Tysons, Virginia

Business Type

Growth

Company Website

Espre Technologies, with a pre-money valuation of $32.1 million, is raising crowdfunding on StartEngine. The company has developed the NvisiLink family of chipsets and sensors that bridge the gap between wireless connections and data protection. John Terry founded Espre Technologies in July 2018. The current crowdfunding round has a minimum goal of $9,999 and a maximum goal of $1,069,999.50, and the funds will be used for growth and expansion. Espre Technologies has both private and public support with millions of dollars in funding from the US government. It also has partners in Silicon Valley that are helping the company design chips that will help drive the IoT market.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$6,048

$46,360

COGS

$40,970

$11,365

Tax

$0

$0

 

 

Net Income

$-174,153

$-13,269

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$25,744

$1,626

Accounts Receivable

$10,851

$0

Total Assets

$101,222

$75,363

Short-Term Debt

$49,463

$43,200

Long-Term Debt

$87,500

$0

Total Liabilities

$136,963

$43,200
Financials as of: 06/21/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Espre Technologies 10/26/2022 StartEngine $43,596,002 $34,762 Equity - Common Funded RegCF
Espre Technologies 12/19/2021 StartEngine $32,055,000 $297,973 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Espre Technologies on StartEngine 2021
Platform: StartEngine
Security Type: Equity - Common
Valuation: $32,055,000
Price per Share: $1.50

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