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SkillSoniq

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SkillSoniq Inc.

Software & AI · Jersey City, NJ · Founded 2016

Using AI to connect companies with skilled, local freelancers

Post-money valuation ⓘ
$10.4M
As of Sep 2021 · from Reg CF Offering (2021) · pre-money + amount raised, not a traded price
Total raised
$242,532
Across 2 rounds since 2019
Latest share price
$0.82
Reg CF · Common Stock · Feb 2021 offering price

Financials

FY2017–FY2022 · from SEC filings · hover any figure for its source
$0
−$16K
2017
$6K
−$20K
2018
$367K
−$613
2019
$302K
−$66K
2020
$240K
−$125K
2021
$81K
−$37K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2017 unaudited*
FY2018 unaudited*
FY2019 reviewed
FY2020 reviewed
FY2021 unaudited
FY2022 unaudited
Income statement
Revenue
$0
$5,882
$367,297
$301,634
$239,943
$81,436
Cost of goods sold
$0
$6,366
$320,097
$263,653
$207,748
$60,235
Gross margin
—
-8%
13%
13%
13%
26%
Net income
-$16,225
-$20,080
-$613
-$66,357
-$125,076
-$37,009
Taxes paid
$0
$0
$0
$0
$0
$0
Balance sheet
Cash
$1,908
$1,770
$18,250
$59,888
$61,023
$27,381
Accounts receivable
$0
$1,420
$494
$2,229
$0
$0
Total assets
$1,908
$3,190
$18,743
$62,117
$61,023
$27,381
Short-term debt
$0
$1,462
$6,228
$14,824
$4,648
$8,014
Long-term debt
$36,899
$56
$67,994
$67,994
$67,994
$67,994
Total liabilities
$36,899
$1,518
$74,222
$82,818
$72,642
$76,008
Other
Headcount
—
0
5
5
20
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, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$10.3M
pre-money
Reg CF · Common · Feb 2021

Blue bars are the pre-money valuation the company stated for a priced round.

Fundraising history

Raised $134.2K / $535KInvestors 248Post-money $10.4M
Reg CF · SAFE · Dec 2019Closedvia WeFunder
Raised $108.4K / $106KInvestors 242

Team

10 people
Abby VermaFounder
Partnerships Lead

Abby leads from the front, is an eternal optimist and a born entrepreneur. SkillSoniq is his third company - His first being a painting business when he was just 19. As a 19yr old immigrant in the US, Abby discovered his true love for hustle and entrepreneurship while managing a painting business in Detroit and studying full-time at the University of Michigan. Abby brings to the team a well-rounded professional experience as a 3x entrepreneur, Investment Banker and Tech Consultant. He loves a good fight, and never gives up. He believes that the traditional recruitment space is ripe for disruption and is all in. He currently helps develop partnerships @ SkillSoniq.

Abhinav Verma
CEO, Principal Executive Officer and Director, Principal Financial Officer and Principal Accounting Officer
Bogdan Zadorozhny
Senior Sales Marketing Executive (Contractor)

Bogdan was hired on SkillSoniq within 2 days! He joined SkillSoniq as a Sales and Digital Marketing Expert, has helped several companies get to the first page on Google for relevant keywords and has 8+ years of experience doing just this! Bogdan is obsessed with how Google Search results work, with content writing, and with figuring out effective PPC Campaigns. Bogdan works up to 10 hours a week as a contractor with SkillSoniq

Brian Duggan
Full Stack Developer (Contractor)

Brian joined SkillSoniq early on as a Senior full stack developer and has been instrumental in creating all things tech at the company. Brian graduated from well known tech boot camps like General Assembly and Flatiron School and is an absolute genius when it comes to understanding user requirements and translating them into product features. Brian works as a part-time contractor with SkillSoniq working 10 hours a week

Chaitanya Agrawal
Independent Director

Experienced Civil and Tech Engineer skilled in executing multi-million dollar client projects. Independent director on the Board of SkillSoniq and an avid angel investor.

Parul Chaudhary
Independent Director

Parul comes with several years of experience across Tech, Finance and Accounting. She is an angel investor and an independent director on the board of SkillSoniq.

Rob Romano
Full Stack Developer and Data Scientist (Contractor)

Rob pivoted into the world of tech a few years ago when he graduated from one of the top coding bootcamps in the world. He works with SkillSoniq as a Developer and Data Scientist, shipping product features quickly, setting up data pipelines and putting tech and data science processes in place to help scale our product. Rob has been an extremely quick learner from his “boot camp” days and this trait makes him a big asset for SkillSoniq. Rob works as a full-time contractor with SkillSoniq working 40 hours a week.

Curt Olson
Advisor

Curt is a forward-thinking, innovative, results-driven senior tech executive, who is currently the president of Decisely (tech firm). Curt has been the CEO of Multi-Billion Dollar Companies, such as AIG Benefit Solutions and ING.

Don Burton
Advisor

Don is a venture capitalist and entrepreneur at the cutting edge of innovation and technology. He is experienced at scaling and exiting companies. Don previously worked with Goldman Sachs and McKinsey, and is a Harvard Business School graduate.

Show 1 more person
Rishi Kapal
Advisor

Rishi is a seasoned tech executive, startup mentor, global growth strategist and ex-CEO of a leading Startup Accelerator. He is a Stanford LEAD Alumnus, Author of several best selling books and has extensive experience in scaling early revenue companies in global markets.

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.

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 4 of 7 annual reports (FY2019–FY2025)

248 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-TRDec 11, 20240001665160-24-001789
    EDGAR
  • Form C-ARApr 21, 20230001665160-23-000688
    EDGAR
  • Form C-UOct 6, 20220001665160-22-002652
    EDGAR
  • Form C-AR/AApr 26, 20220001665160-22-000872
    EDGAR
  • Form C-ARApr 20, 20220001665160-22-000693
    EDGAR
  • Form C-USep 14, 20210001665160-21-001639
    EDGAR
  • Form C/AAug 9, 20210001665160-21-001423
    EDGAR
  • Form C-AR/AJun 21, 20210001665160-21-001107
    EDGAR
Source: ManualCIK 0001794075DEShare price $0.82

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.