Aggregate Commitments $
Netcapital
03/29/2021
04/27/2021
$10,000
$1,070,000
$99
Equity – Common
RegCF
Series A
$19,790,896
Rolling Commitments $
Active
04/21/2021
5
1,932%
18%

$8,401

Boston, Massachusetts
Business Services, Software, & Applications
AutomationTech
B2B
High
Low
Growth
Talla, with a post-money valuation of $20.8 million, is raising funds on NetCapital. The company has developed an AI-powered platform to provide automated customer support to clients. The product answers queries, reduces resolution times, reduces escalations, and improves customer experience. Frank Speiser and Byron Galbraith founded Talla in 2015. The current crowdfunding raise has a minimum target of $10,000 and a maximum target of $1,070,000, and the proceeds will be used for engineering, business development, marketing, and customer success. Talla is backed by venture capitalists, including PJC, Avalon Ventures, and Glasswing Ventures, and has high-profile clients like PayPal, Toast, and Mutual of Omaha.
Summary Profit and Loss Statement
Revenue |
$404,511 |
$315,304 |
COGS |
$18,732 |
$60,873 |
Tax |
$1,085 |
$10,214 |
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Net Income |
$954,242 |
$-4,491,921 |
Summary Balance Sheet
Cash |
$613,300 |
$989,566 |
Accounts Receivable |
$55,936 |
$67,658 |
Total Assets |
$700,805 |
$1,136,275 |
Short-Term Debt |
$0 |
$0 |
Long-Term Debt |
$1,191,313 |
$6,160,371 |
Total Liabilities |
$1,191,313 |
$6,160,371 |
Summary of Crowdfunding Raises
04/27/2021 | Netcapital | $19,790,896 | $193,217 | Equity – Common | Active | RegCF |
03/28/2021 | Netcapital | $20,860,896 | $0 | Equity – Common | Confirmed Closed | Test the Waters |