Novart Digital
[Closed for Investment] 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.
Investment Overview
Raised: $0
Deal Terms
Total Commitments ($USD)
- Platform
- Netcapital
- Start Date
- 08/20/2021
- Close Date
- 09/22/2021
$10,000
$1,000,000
$99
Equity - Common
Pre-Seed
RegCF
$0.10
$4,750,000
Company & Team
Company
- Year Founded
- 2017
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/22/2021 | Netcapital | $4,750,000 | $0 | Equity - Common | Not Funded | RegCF |