New Sapience

New Sapience

About this raise

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.

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Investment Overview

Committed this round: $1,396,336

Deal Terms

Total Commitments ($USD)

Platform
DealMaker Securities
Start Date
04/16/2024
Close Date
12/31/2025
Min. Goal
$10,000
Max Goal
$5,000,000
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

Company & Team

Company

Year Founded
2015
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Stuart, Florida
Business Type
High Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
Yes
Founder Name
Bryant Cruse
Title
CEO

Financials

as of Fiscal Year 2023
 Revenue
$0
 Monthly Burn
$60,000
 Runway
5.4 months

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

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$5,000,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/31/2025 DealMaker Securities $98,093,908 $1,396,336 Equity - Common Active RegCF
10/02/2023 StartEngine $74,942,147 $1,167,382 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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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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