KapitalWise (2021)

About this raise

KapitalWise, with a pre-money valuation of $15 million, is raising crowdfunding on StartEngine. It is a financial technology company that helps financial institutions in their client relationship solutions. KapitalWise’s AI-powered platform analyses large volumes of data about customers and provides insights to the companies to improve their efficiency and user experience. KapitalWise was founded by Sajil Koroth in 2017. The company’s current crowdfunding round has a minimum goal of $9,998.94 and a maximum goal of $432,997.32, and the funds will be used for growth and expansion. KapitalWise has secured early contracts with Bank of America, Standard Chartered Bank, and ABSA, and reported a 150% year-over-year revenue growth from 2018 to 2019.

Investment Overview

Invested this round: $324,392

Deal Terms
Company & Team

Total Commitments

Platform: StartEngine
Start Date: 07/27/2020
Close Date: 04/30/2021

Min. Goal
$9,999

Max Goal
$432,997

Min. Investment

$250

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF

Price Per Share

$1.47

Pre-Money Valuation

$14,988,458

Company

Year Founded: 2017
Industry: Financial & Insurance Products & Services
Tech Sector: Fintech
Distribution Model: B2B
Margin: High
Capital Intensity: Low
Location: New York, New York
Business Type: Growth
Company Website: Visit Website

Team

Employees: 7
Prior Founder Exits?: No

Founder Name: Sajil Koroth
Title: CEO & Chief Architect

Financials

Revenue +156% YoY: $79,000
Monthly Burn: $16,427
Runway: 0.6 months

View Detailed Financials

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$79,000	$30,800
COGS	$0	$0
Tax	$0	$0


Net Income	$-197,123	$-110,187

Summary Balance Sheet

	Most Recent Year	Prior Year
Cash	$9,893	$60,544
Accounts Receivable	$57,000	$0
Total Assets	$66,893	$174,544
Short-Term Debt	$26,630	$14,033
Long-Term Debt	$197,850	$147,850
Total Liabilities	$224,480	$161,883

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Ratings

Analyst Report

Update

Update

KingsCrowd’s assessment of KapitalWise has not changed since we last rated it a Deal to
Watch. Please see the previous Analyst Report to learn more about why KapitalWise is a promising investment opportunity.

Close Date	Platform	Valuation	Total Raised	Security Type	Status	Reg Type
01/08/2023	Republic	$15,000,000	$41,162	SAFE	Funded	RegCF
04/30/2021	StartEngine	$14,988,458	$324,392	Equity - Common	Funded	RegCF
05/18/2020	Microventures	$8,000,000	$97,600	Convertible Note	Funded	RegCF

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Revenue
Valuation
Price per Share
Employees

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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View on StartEngine

Common Stock, $15M • Closed

15 Following

Add to Portfolio

45 Invested

Deal Considerations

1
Key Challenges
- Try Edge free for 7 days
Other Risks
- No other risks found

KapitalWise (2021)

KapitalWise (2021)

About this raise