Espre Technologies (2022)

Espre Technologies (2022)

About this raise

Espre Technologies, with a valuation of $43.6 million, is raising funds on StartEngine. The company has developed the NvisiLink family of chipsets and sensors that bridge the gap between wireless connections and data protection. The technology of Espre Technologies helps save innocent bystanders in an ambush attack by using the Agmas (Acoustic Gun Monitoring Alert Systems) protocol. The company has both public and private support with grants and investments from The US Department of Defense and other private organizations. John Terry founded Espre Technologies in July 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $4,703,476. The campaign proceeds will be used for growth and expansion.

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Investment Overview

Invested this round: $34,762

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
08/01/2022
Close Date
10/27/2022
Min. Goal
$10,000
Max Goal
$4,703,476
Min. Investment

$400

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$43,596,002

Company & Team

Company

Year Founded
2018
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
High
Location
Tysons, Virginia
Business Type
High Growth
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
John Terry
Title
CEO

Financials

 Revenue
$175,000
 Cash on Hand
$304,370
 Gross Margin
65%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$175,000

$5,250

COGS

$60,685

$0

Tax

$0

$0

 

 

Net Income

$32,627

$-135,306

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$304,370

$31,589

Accounts Receivable

$2,000

$2,000

Total Assets

$398,041

$147,239

Short-Term Debt

$146,847

$56,632

Long-Term Debt

$0

$87,500

Total Liabilities

$146,847

$144,132

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$424,022
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/27/2022 StartEngine $43,596,002 $34,762 Equity - Common Funded RegCF
12/20/2021 StartEngine $32,055,000 $297,973 Equity - Common Funded RegCF
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Growth Charts

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.

Valuation History

Price per Share History

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

Employee History

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Espre Technologies on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $43,596,002
Price per Share: $2.00

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Follow Espre Technologies on StartEngine 2022

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

Espre Technologies Deal Report

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