Novart Digital
Early Stage
Novart Digital is a cutting-edge mobile & artificial intelligence development company that believes in the power of creative ideas and great design.
Overview
Raised: $0
Total Commitments ($USD)
Platform
Netcapital
Start Date
08/19/2021
Close Date
09/22/2021
Min. Goal
$10,000
Max. Goal
$1,000,000
Min. Investment
$99
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$0.10
Pre-Money Valuation
$4,750,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
09/25/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2017
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
Low
Novart Digital, with a valuation of $4.75 million, is raising funds on NetCapital. It is an artificial intelligence development company that uses AI to develop apps. The company makes AI-enabled apps for those interested in fortune-telling, gaming, and sports betting. The business model is based on subscriptions, in-app purchases, and display ads. Novart Digital currently owns four apps and has four more in development. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,000,000. The campaign proceeds will be used for digital and influencer marketing, app development, rent, insurance, audit/accounting, salaries, and utility expenses.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-60,825 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$18,885 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$18,885 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 08/19/2021
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