SapientX

AI-Based "Voice Assistant" Technology

Company Information

Website:

http://www.sapientx.com/

Sector:

Computer & Software

Location:

Santa Cruz, CA

SapientX is a software company creating “voice assistant” technology.

Voice assistants like Siri and Alexa were designed to sell products and collect consumer data. SapientX’s technology, in contrast, was created to be a truly conversational voice assistant.

Its accuracy rate for conversational understanding is 99%, higher than Siri (75%) and Alexa (73%). And it can understand context, emotion, and complex sentences.

SapientX has integrated its patent-pending technology into products for companies including Mitsubishi, Volvo, Yamaha, and Samsung.

In the past four years, 16 companies in the voice assistant technology sector have been acquired. On average, early investors in these deals earned an estimated 17x their money.

Team Background

David Colleen - Co-Founder & CEO
Maclen Marvit - Co-Founder & CTO
Bruce Wilcox - Co-Founder

Co-Investors

Raising
$1.07 million
Committed
$752.292K (70%)
Current Valuation
$7 million Cap / 0% Discount
Min. Investment
$100
Deal Type
Title III
(For all investors)
Offering Type
Convertible Debt
Finance History
  • $286.033K
    2019-08-01
    Unknown
  • $407.875K
    2018-11-01
    Unknown
Notable Investors
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