Netspeek

Simplifying the Complexities of Pro AV with AI

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Security Type
CAFES
Categories
Technology, Financial Services
Min Investment
$500
Location
Newton, , MA
No. Investors
17
Website
netspeek.com

Key Deal Facts

First-mover advantage - developed in direct response to known challenges in a $400B marketplace
Existing relationships create a $30M ARR sales pipeline - beta in process with blue chip partners
Management team with 50+ years of combined experience and over $100M in career sales
Secured $250K in pre-seed funding on the same terms with backing from an experienced advisor network

Management Team / Advisory Board Bios

Notable Angel
Raised $25k or more from a notable angel investor, Repeat Founder
Founder has started a previous company funded with $2M+, Erik DeGiorgi CEOCo-founder of MediaVue, grew to $7MM annual revenue, 18 years Pro AV experience, RISD MFA, US Marine, Brian Kane Senior Architect10+ years building enterprise software for Pro AV. Expert in ML, AI, NLP and full stack development, Ahmad AlAmri Senior EngineerA previous AI SaaS founder with deep understanding of productizing AI for enterprise, Momin Mokhtar Senior EngineerA front end software engineer with extensive experience building web and mobile user interfaces, Jacob MillerSenior EngineerA full stack software engineer with a specialization in back-end architecture, Preston NaclerioUI/UX DesignerA UI/UX product expert with a background working with Fortune enterprises, Robert Wilson DirectorStrategist in tech innovation with multiple exits, specializing in sales and global partnerships, Stuart ArmstrongAdvisorCareer includes multiple exits in the Pro AV industry, currently a major industry contributor, David DantoAdvisorFour decades in media, technology and collaboration, heavily influencing Pro AV advancements, Katie ValleSales Advisor20 years in Pro AV industry ranging from startup to $1B MSP. Sold to all stakeholders, technical to C-Suite
Amount Raised : $553,500
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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