TalkSocket by TalkGo
Early Stage
Hands-free Innovation Everywhere
Overview
Raised: $28,927
Total Commitments ($USD)
Platform
StartEngine
Start Date
12/27/2021
Close Date
03/28/2022
Min. Goal
$9,999
Max. Goal
$1,069,999
Min. Investment
$250
Security Type
Equity - Preferred
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1.21
Pre-Money Valuation
$7,796,272
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/02/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$321
# of Investors
40
Momentum
Funded
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Year Founded
2018
Industry
Consumer Products, Goods & Services
Tech Sector
AutomationTech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
TalkSocket by TalkGo, with a valuation of $7.8 million, is raising funds on StartEngine. The company has developed a hands-free voice assistant that merges Alexa and PopSockets into one. The voice assistant allows people to play music, order on-demand, and answer questions anywhere. TalkSocket by TalkGo has reselling partnerships with PopSockets and OtterBox and aims to ship 12,000 units in December 2021. Andrew Delorenzo and Chandler Murch founded TalkSocket by TalkGo in November 2018. The current crowdfunding campaign has a minimum target of $9,999.44 and a maximum target of $1,069,999.37. The campaign proceeds will be used to expand to new industries, including education, tourism, and construction.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-324,534 |
$-17,750 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$174,253 |
$148 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$174,253 |
$148 |
|
Short-Term Debt |
$71,246 |
$8,173 |
|
Long-Term Debt |
$470,000 |
$0 |
|
Total Liabilities |
$541,246 |
$8,173 |
Financials as of: 12/27/2021
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