Solvpath
Early Stage
Modernizing customer support with AI-driven visual automation
Overview
Raised: $115,961
Total Commitments ($USD)
Platform
Republic
Start Date
03/08/2023
Close Date
04/30/2023
Min. Goal
$25,000
Max. Goal
$1,235,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$8,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/27/2023
Days Remaining
34
% of Min. Goal
464%
% of Max. Goal
9%
Likelihood of Max
Avg. Daily Raise
$6,103
# of Investors
37
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2019
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Solvpath, with a valuation of $8 million, is raising funds on Republic. The company has developed an AI-driven visual automation platform for modernizing customer support. The platform provides customers with a visual and intuitive way to resolve their basic and complex support requests on their own with maximum reliability and instant deployment. Solvpath has resolved more than 1.5 million customer support requests and doubled its revenue from 2021 to 2022. Carl D’Agostino and Jordan Kapelner founded Solvpath in June 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1.24 million. The campaign proceeds will be used for technology and product development, sales and marketing, customer success, and UX/UI design.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$168,044 |
$0 |
|
COGS |
$117,047 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-126,561 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$2,957 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$4,496 |
$0 |
|
Short-Term Debt |
$131,058 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$131,058 |
$0 |
Financials as of: 03/08/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Ratings 
Wall Street has Morningstar, S&P, and Bloomberg
The equity crowdfunding market has KingsCrowd.
Analyst Report
Pending Review
Are you the founder of Solvpath? Create your account today to claim this raise page.