A.I. software that gives a voice and intelligence to products.
Post-money valuation ⓘ
$10.1M
As of Apr 2024 · from SAPIENTX Preferred Stock 4 · pre-money + amount raised, not a traded price
Total raised
$2,870,568
Across 4 rounds since 2018
Latest share price
$0.65
SAPIENTX Preferred Stock 4 offering price
Financials
FY2016–FY2022 · from SEC filings · hover any figure for its source
$1K
−$98K
2016
$53K
−$92K
2017
$41K
−$255K
2018
$530
−$444K
2019
$0
−$410K
2020
$39K
$568K
2021
$0
−$996K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
Income statement
Revenue
$1,000
$53,490
$41,010
$530
$0
$38,998
$0
Cost of goods sold
$0
$0
$0
$0
$0
$0
$0
Gross margin
100%
100%
100%
100%
—
100%
—
Net income
-$98,417
-$92,401
-$254,785
-$443,948
-$409,622
$567,670
-$995,887
Taxes paid
$0
$0
$0
$0
$0
$0
$0
Balance sheet
Cash
$4,163
$17
$227,917
$8,577
$229,200
$5,445
$875,580
Accounts receivable
$0
$22,740
$0
$0
$0
$28,998
$0
Total assets
$185,969
$132,230
$265,057
$14,995
$229,655
$84,336
$1,058,220
Short-term debt
$0
$93,387
$117,439
$42,263
$176,819
$297,198
$210,167
Long-term debt
$56,833
$0
$0
$155,025
$0
$0
$0
Total liabilities
$56,833
$93,387
$117,439
$197,288
$176,819
$297,198
$210,167
Other
Headcount
—
3
3
3
3
3
1
Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited; no pill means the filing didn’t state one. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.
A dashed amber step is a SAFE/note valuation cap — a conversion ceiling agreed for that instrument, not a priced valuation of the company. Steps are not comparable across bases.
Bruce Wilcox has deep experience in A.I., having won the Loebner Prize 4 times in a yearly chatbot competition. He has worked in A.I. for Fujitsu, 3DO, and Amazon where he co-wrote patents on motion control and gesture interfaces. Prior to SapientX, Bruce used an earlier version of our technology to power the Talking Angela app (a virtual pet) leading to 65 million downloads and a $1B exit for game company Outfit7! (PT)
David ColleenFounder
CEO & Chairman
David Colleen, CEO, likes to build things. He's an AI and VR entrepreneur. He studied architecture and business at Cornell and has been running companies for 30 years. Previously, he founded Planet 9 Studios, and he helped Matterport launch their products and attract their first customers. During this time, he has developed customer relationships with 17 Fortune 100 companies. (FT)
Maclen MarvitFounder
Founder & Advisor
Maclen is an actual rocket scientist having worked at NASA and Blue Origin. He lives to lead talented engineers to build world beating products. (PT)
Nasir Kahn
CTO
Nasir is a full stack software developer that began his career in the game industry. He started advising our team in 2016 and actively began to develop software with us in 2020. In 2021, he assumed the role of CTO due to his strong engineering skills and team leadership.
Boris Blosse
Character Animation Engineer
Boris leads our avatar developers. He has deep experience in all things 3D, and he worked with Dave Arendash at Accenture. (PT)
Reg CF annual-report compliance
Not requiredFiled Form C-TR (terminated reporting)
Filed 4 of 8 annual reports (FY2018–FY2025)
2,798 investors
holder-count proxy
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.
SapientX Stock 1ClosedReg CF · Preferred Equity · via SeedInvest
Raised $325K / $1.1MPost-money $5.3M
Chris Toukmaji
Junior Engineer
Chris heads our conversational A.I. engineering. (PT)
Conrad Pereira
Software Engineer R&D Intern
Conrad's focus is in using machine learning for transcription and summerization. (PT)
Dave Lorenzini
Advisor - Business Development
AR & VR consultant and former head of business development for Google Earth.
David Apgar
Advisor - Finance
David is the Director of Venture Funding at Santa Cruz County Bank. He has acted as interim CFO for many startups including SapientX.
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David Urbanic
Sales & Strategic Partnerships Manager
David joined SapientX in 2019, and he has deep experience in technical sales and marketing. David listens to customers. He began his career managing developer support at Borland and went on to build the original customer service team at Netflix. He was part of the LivePicture team with John Sculley and Eric Chen. David founded and funded Zoomify, successfully licensing their technology to companies such as Adobe with sales in dozens of markets and in over 100 countries. (FT)
Drue Freeman
Board Director
Former SVP of NXP Semiconductors focused on the auto industry. Today, he is a senior member of San Hill Angels, and he advises a number of startups.
Emily Troutner
Marketing Manager
Emily was part of Intel's senior team and has worked at Stanford Medical. (PT)
Hira Daud
Senior Engineer
Hira Daud has a great passion for engineering mobile systems. She is a full stack developer and is at home in developing applications for Android, iOS and HTML5. (PT)
Nick Ushio
Business Development
Nick has deep experience in sales and was part of the senior teams at Panasonic and Mitsubishi. (PT)
Robert Blair
CONSULTANT
Over 35 years of global executive & operating experience - including CEO, CFO, General Manager, Sales, Mktg, Biz Dev, R/D in Technology related businesses. Former CEO of LSI Logic Europe and Sales at Maserati.
Xingxin Ma
Embedded Systems Engineer (Consultant)
Xingxin is an automotive systems engineer and worked with Geely (Volvo) and Rivian before joining us. (She is currently on leave.)
Shree Sarkaran
Board Member
Shree is a machine learning specialist (FT).
PG
Patricia E. Glovsky
Director
Names and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.
