About this raise
New Sapience, with a valuation of $74.9 million, is raising funds on StartEngine. The company aims to use synthetic intelligence to make unique thinking machine prototypes with the acumen to speak and comprehend human language. The patented synthetic intelligence platform of New Sapience will overcome the limitations of artificial intelligence and replicate human knowledge in a better way. Bryant Cruse and Karsten Hunneycutt founded New Sapience in March 2015. The current crowdfunding campaign has a minimum target of $9,997 and a maximum target of $1.24 million. The campaign proceeds will be used to launch the technology and introduce it through social media, podcasts, interviews, and webinars.
Investment Overview
Invested : $1,167,382
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 10/31/2022
- Close Date
- 10/02/2023
$9,997
$1,235,000
$260
Equity - Common
Growth Stage
RegCF
$3.25
$74,942,147
Company & Team
Company
- Year Founded
- 2015
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- Low
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,762,226
- VC Backed?
- No
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.