New Sapience

New Sapience

Growth Stage

Synthetic Intelligence: An Alternative Approach to AI

Synthetic Intelligence: An Alternative Approach to AI

Overview

Raised to Date: Raised: $139,180

Total Commitments ($USD)

Platform

Dealmaker Securities

Start Date

04/15/2024

Close Date

03/31/2025

Min. Goal
$10,000
Max. Goal
$618,000
Min. Investment

$1,000

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.00

Pre-Money Valuation

$98,093,908

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/17/2024

Days Remaining

316

% of Min. Goal

1,392%

% of Max. Goal

23%

Likelihood of Max
extremely
Avg. Daily Raise

$4,349

# of Investors

60

Momentum
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Year Founded

2015

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Location

Stuart, Florida

New Sapience, with a valuation of $98 million, is raising funds on Dealmaker Securities. The company aims to use synthetic intelligence to make unique thinking machine prototypes with the acumen to speak and comprehend human language. New Sapience’s patented synthetic intelligence platform will overcome the limitations of artificial intelligence and replicate human knowledge in a better way. The technology has applications for all industries and markets where human intelligence and knowledge are the key and will enable the company to generate revenue through subscriptions, platforms, and licensing. Bryant Cruse founded New Sapience in March 2015. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $618,000. The campaign proceeds will be used for research and development, advertising, and working capital.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-733,524

$-182,919

Summary Balance Sheet

FY 2023 FY 2022

Cash

$147,571

$58,390

Accounts Receivable

$33,669

$4,539

Total Assets

$220,587

$62,929

Short-Term Debt

$671,984

$783,814

Long-Term Debt

$0

$0

Total Liabilities

$671,984

$783,814

Financials as of: 04/15/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
New Sapience 03/30/2025 Dealmaker Securities $98,093,908 $139,180 Equity - Common Active RegCF
New Sapience 10/01/2023 StartEngine $74,942,147 $1,167,382 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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Add to portfolio
New Sapience on Dealmaker Securities 2024
Platform: Dealmaker Securities
Security Type: Equity - Common
Valuation: $98,093,908
Price per Share: $4.00

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Follow New Sapience on Dealmaker Securities 2024

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