NetSpeek

NetSpeek

NetSpeek, with a valuation of $6.5 million, is raising funds on Wefunder. The company is transforming workplace communication with its Pro AV revolution. NetSpeek simplifies Pro AV system management with its multimedia AV mastermind LENA. LENA (Language Enabled Network Assistant) is a multilingual powerhouse that understands human speech and the complex languages of diverse AV devices and helps in universal compatibility, natural language interface, and real-time problem-solving. Erik DeGiorgi founded NetSpeek in January 2024. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $750,000. The campaign proceeds will be used to get to the market, launch the beta version, and obtain general working capital.

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Investment Overview

Raised this Round: Raised: $82,500

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
10/04/2024
Close Date
01/17/2025
Min. Goal
$50,000
Max. Goal
$750,000
Min. Investment

$500

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$5,000,000

Valuation Cap

$6,500,000

Discount

0%

Company & Team

Company

Year Founded
2024
Industry
Business Services, Software, & Applications
Tech Sector
MediaTech
Distribution Model
B2B
Margin
High
Capital Intensity
High
Location
Watertown, Massachusetts
Business Type
High Growth
Company Website
Visit Website

Team

Employees
7
Prior Founder Exits?
No
Founder Name
Erik DeGiorgi
Title
CEO

Financials

as of August 31, 2024
 Revenue
$0
 Monthly Burn
$65,000
 Runway
0.4 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$250,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/17/2025 Wefunder $6,500,000 $82,500 SAFE Active RegCF
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Add to portfolio
NetSpeek on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $6,500,000

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