New Sapience

Synthetic Intelligence: An Alternative Approach to AI Show More

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Security Type
Technology, Service Businesses, Consumer Goods & Products
Min Investment
Offering Date
October 28, 2022
Expected Close Date
March 31, 2025
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
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Company Description

New Sapience is anticipating the launch of what we believe is an entirely new paradigm of artificial intelligence. More aptly referred to as synthetic intelligence, our sapiens are unique thinking machine prototypes with the acumen to speak and comprehend human language, as opposed to merely mimicking it like much of the AI known today. New Sapience is pre-revenue and currently in the prototype phase.

Key Deal Facts

New Sapience is developing a patented synthetic intelligence platform, which we believe will overcome the limitations of traditional artificial intelligence, better replicate the generality of human knowledge, and exceed the capabilities of any existing AI approaches. We believe that what we are creating is an entirely new innovation, accessible to over 6.6 billion smartphone users worldwide, that could transform every major segment of our economy, and generate innumerable new markets in the process.* New Sapience technology has the potential to disrupt numerous multi-billion dollar markets such as the $9.9B industry for natural language processing and chatbot software and the $140B industrial automation industry, to name a few.** We believe sapiens are the world’s first machines that think and understand like humans do. Our vision is of a world where these thinking machines are our partners, helping every one of us to realize our own personal goals, to live a more engaged human life. We believe that if our sapiens were to become commonplace, when human knowledge, perspective, and values are at the foundation of thinking machines, the tyranny of the mindless statistical algorithms will be over.

Management Team / Advisory Board Bios

Bryant CruseFounder & CEOBryant graduated from St. John’s College in Annapolis, well-known for its unique Liberal Arts program, providing him with the fertile ground for a life-long interest in how humans know what they know (epistemology). After graduation, he served on active duty as a Naval Aviator, and then went on to earn a graduate degree in Space Systems Engineering from Johns Hopkins.  Continuing his career, Bryant has been a pioneer in applying advanced automation software technology to solve difficult real-world problems. At NASA he developed the first application of AI technology for spacecraft operations for the yet-to-be-launched Hubble Telescope and was funded by NASA for a residency in AI (MS equivalent) at the Lockheed AI center. He then went on to found two successful high-tech software automation companies, which were acquired by public corporations. New Sapience, founded in 2014, is his third technology company.  Education: BA, St. Johns College. MS Johns Hopkins University. MS (equivalent), Lockheed Artificial Intelligence Center.    Karsten HuneucuttChief Software ArchitectKarsten is an original founder of the company and is a co-author of the company’s core patent. He is the designer and programmer for the MIKOS AI processing engine and creator of the MICA language which it interprets.  Prior to beginning full-time employment with New Sapience, he worked in the IT departments first at Duke and then the University of North Carolina where he designed and implemented the next generation of provisioning and de-provisioning, a campus wide single sign-on identity management system, and many other aspects of the university IT infrastructure. Karsten is fluent or conversant in 4 Human and 13 Computer languages. Bachelor of Science in Computer Science; second major in Russian, Duke University, May 2001, William Robert BandyMember, Board of Directors, Chief Intellectual Property OfficerBill worked at DARPA in the mid-80’s, a time when advances in computing gave impetus to a new branch of computer science: Artificial Intelligence. He became hooked on the promise of AI, and it wasn’t until he met Bryant Cruse, the founder of New Sapience and perhaps the first “computational epistemologist,” did he think that promise could be realized. Bill, a New Sapience investor and advisor, understood right away that Bryant’s breakthrough cognitive core model has the capacity to dramatically change the AI landscape forever.  After a 30-year government career with NSA and DARPA, Bill co-founded Matrics Technology Systems, Inc., for the development and production of low-cost, high-performance Radio Frequency Identification (RFID) tag technology and product. Matrics was bought by Symbol Technologies, Inc. in 2004 for $230M. His name appears on well over 100 patents BS, University of Oklahoma. MS, University of Oklahoma. Ph.D., University of Maryland. Thomas William LovelandBoard Member, Chief Administrative OfficerTom has been intrigued by artificial intelligence and the nature of knowledge since his teens. In 2015, a friend introduced him to New Sapience and its unique epistemological approach to the challenge of achieving artificial general intelligence. Immediately recognizing an elegant, potentially world-changing solution, Tom readily invested attention, time and money to help bring New Sapience to the world. Tom leads a data and software consultancy that helps regional and national brands solve complex business technology challenges and free human capital to deliver more value to their organizations and the world.  Education: University of Washington Honors College, St. John’s College (Annapolis), University of Chicago William F. ReaddySenior Advisor, Space ApplicationsBill is a veteran pilot astronaut with three space flights. He has logged over 672 hours in space. He served NASA in many  roles including NASA Director of Operations, Star City, Russia; Stafford Task Force; and the first manager of Space Shuttle Program Development charged with upgrading the Space Shuttle. Readdy served as Associate Administrator, NASA HQ Office of Space Flight that had oversight for the Marshall, Kennedy, Stennis and Johnson Space Centers as well as programmatic oversight for International Space Station, Space Shuttle, Space Communications and Space Launch Vehicles. He also served as Commanding Officer, Naval Reserve, Naval Space Command where he selected Bryant Cruse to be his Executive Officer. BS, Aerospace Engineering, U.S. Naval Academy. Distinguished Graduate, U.S. Naval Test Pilot School Hon. Tidal (Ty) McCoyAdvisor, Business Development, Cyber SecurityTy served as Assistant Secretary of the Airforce (Manpower & Reserve Affairs) during the Reagan Administration. After leaving government service in 1989, McCoy joined Thiokol as Senior Vice President for Government Relations. He later founded the George Washington National Bank and served as the bank’s Vice Chairman. In 1998, he founded Washington Capital Partners, LLC, and has since served as its chairman. One of the New Sapience’s earliest investors, Ty provides expertise in raising capital and the Cyber-security market segment. William AvelloneAdvisor, Business DevelopmentBill was introduced to New Sapience founder Bryant Cruse, through a mutual friend and business partner in the aerospace and defense industries. Impressed with Bryant’s business experience and New Sapience’s unique AI technology, Bill joined the New Sapience team as an investor and an advisor six years ago.    Bill’s has an extensive background in managing middle market businesses as a CEO and operating partner for family offices and venture firms. He has worked internationally in Europe, China, India, Mexico, and Canada. Today, he invests in several high-tech startups and entrepreneurial businesses and lends his expertise assisting small businesses in the turnaround and restructuring process as a Chapter 11, Sub V, trustee.  Education: BS, University of Illinois. Certificate in Liberal Arts, University of Chicago. MBA, Roosevelt University. Josianne PenningtonAdvisor, MarketingJosianne is a longtime friend of Bryant Cruse, the founder of New Sapience, she is a marketing and business consultant who had been hearing about the company’s remarkable AGI platform and the milestones it was achieving. In March of 2019, she was excited to join New Sapience as a marketing, strategic and business development advisor.   During her career Josianne served as the vice president of a large public university, chief marketing officer of a global healthcare company, division head of an international publishing company, and communications director for two non-profits. And now she gets to work with Bryant and New Sapience to be a part of solving some of the biggest problems people have to cope with.  Education: BA, University of Delaware. MLA, Johns Hopkins University. Patrick ReganAdvisor, Product DevelopmentPatrick considers Bryant Cruse, the founder of New Sapience, to be a kindred spirit. A business consultant Patrick recently found out about New Sapience’s remarkable product and potential and wanted to be a part of making it a reality. In June of 2020, he was invited to join the company as a strategic and business development advisor.   During his career Patrick served as a vice president at a NY investment bank, led a business unit of an online education company, served as head of product at a marketing agency, and has consulted numerous clients on digital transformation, product management, and strategy. He is very excited to work with Bryant and New Sapience to harness the power of intelligent machines to help humans become more productive than ever before.  Education: BS, Kettering University. MS, North Dakota State University. MBA, Columbia University.,

Amount Raised : $1,071,587
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