Cloudastructure Raises $30+ Million
California's Cloudastructure has raised over $30 million through Regulation A+ / crowdfunding and now has a sizeable amount of funds to expand. How well-positioned is this VSaaS / AI provider?
Based on an interview with the CEO Rick Bentley, we examine the approach Cloudastructure is taking, its opportunity, and risks.
Background ** ***************
*************** *** ********** ****** ** "********" in **** *** *** **** ******* cloud / ****** ***** ************ ***** the **** ***** **** ** ***** (e.g.,** ******* **** ** ****'* **** VSaaS **********). ***** *** ******* *** ******* for **+ *****, *** ******* *** never *** *********** *******. **** *** raising ** ***** *********** ********, *********, their **** ** ** ****** ****.
Product ******** ********
*** ******* ******** ** * ******* integrated *********** ** ***** *** ** analytics ** ***, ** *** **** below *****:
*************** **** *** ****/**** ******* *** does ***** ** **-**** ********* (****** the "***** ***** ********" **** ***** ****** / *********** with ***************'* ***** ********.
*** **** ******* ******* ** *** offering ** ********** ********* *** ***** / ********** ** ***. ***** *** company ** ********* *** ****** ** such * ***********, **** *** ****** to ******* **** ********** ** * single ********, ******** *** **** ** purchase ** ********* *** ***** *********.***************'* ** ************* ***********, ******/ *******/ ******** *********, mask *********, ****** **********, ***.
CEO *** *******
******* ***** **** ***** ** ******, he *** *** *********** ** ********** emphasizing *** *** *********** ** ***** analytics ** *** ***** ******** *** value *********** ** ***** ** ********* cloud ***** ********* **** **.
Funding ******* $**+ *******
********** *** ****** $**.* *******, ******* * ********** *+ *********** that ****** ***-********** ********* ** ****** in *** *******, ******** *** ************.
*** ***-***** ****** ********* *** **** round ** $** *******, ***** ***** be ********** ***** *** ******** ** other ********* (*.*., *********** ** ******* at *** **** *********) ** ***** high *********** *** *******'* **** ** revenue.
*** ******* *** $**.* ******* **** on ****, ** ** **** **, 2021,********* ** *** **** ****** **********.
Financial ******** / **** *** *******
*** ******* ******* *** *** ******* is *** ****** **** ** ********. For *** ***** **** ** **** revenue *** **** $**,*** ** ******* $10,000 *** *****:
*** *******’* *** ******** *** *** six ****** ***** **** **, **** were ************* $**,*** ******** ** $**,*** for *** *** ****** ***** **** 30, ****, ** ******** ** **%
***** *** **** ** ** ***, it ***** *** ** **** ** grow ******** ************* ******, **** **** a *** ****, **** **** **** to ** **.
** ***** ****, **** ********* *** no ***** *** *********, *** **** say **** *** *** ** **, as ** *** *** ** ** 2021:
** **** *** ******* *** ******* on ******* *** ***** *** ********* team. ** ** **** **, ****, we *** ** ********* ** ***** areas ** ******** ** * ** the *** ** ****.
******** ******** **** * ************* ***** in ***** ** ****, **** * total ** ** *************** ********* *** reported:
Risks ******* *******
*** *************** ***** ** ********* ***** and ********* ************? ** ** ******** for * ******* ** ** ** old ** ******** / *************** ** and ** *** ***** ** **** as *************** ** ******* ******* ****** a ******* "******" ******* ** *****. We ** *** **** ****** ** confidently *** *** *** ** *** other.
Positive ******** ******
*** ***** ******** ****** *** *** company ** **** *** **** ** right *** *** **** ******* ********. 18 ***** ***, * ***** *** and **** * ***** ***, *********** risks ******* ** ************ **** * product ********.
*** ***** ** **** (****** ****), there ** * ****** **** ******* of ***** *** ** *********, **** customers ************ ******** ***** *******.
** *************** *** *******, **** ** have * ****** ******* **** ** growing **** *** ******** ************* *****.
Broader ******* ******
***** ***************'* ***** ** ******* *** atypical (**** ***** ********* *** ****** by ************ ******* *********, ****** **** Reg *+), **** **** ****** *** broader ***** ** ***** ***** ***** into ******** ******** **** *********.
*** ** **** **** *** * sellable *******… ** * ***** **** to ********* **, *****.
******* **** **** *** ******* ***** at ** *** ***** **** ****.
*** ******* ******* *** *** ******* is *** ****** **** ** ********. For *** ***** **** ** **** revenue *** **** $**,*** ** ******* $10,000 *** *****:
*** *******’* *** ******** *** *** six ****** ***** **** **, **** were ************* $**,*** ******** ** $**,*** for *** *** ****** ***** **** 30, ****, ** ******** ** **%
**********'* **** ****** ****** ** ***. ******* ** ** **+ ****** still ***** * ****-******* ******* *** the ****:
*******, ***** ******* **** ********, **** the ******* **********:
***** ** ***** **** ********* ************* in **** ** * ****** ** discountsrelated ** ******** ***** *** ***** adopter *********, *** ** ******** ** the **** ** *** ********** ****, which ******** *********** ************ *****.
*** ********, *** ******* *** * drop ** ********* **** *** ********* of **** ****:
*** ******* ******** ******* *** **** and *** **** *** **** **** up ******* ** ******** ** **** of ******** ********.
**** *** $**+ ******* ** **** as ** *** *** ** **** year:
** ** ******** **, ****, *** Company *** **** ** **** ** $13,647,000 *** * ******* ******* ** $12,055,000...
** ** *** **** ** **** report, *** ******* ******* *** ******* capital **** ** **** ** **** operations *** ** ***** *** **** 12months.
*** *******’* *** ******** *** *** six ****** ***** **** **, **** were $***,*** ******** ** $**,*** *** the *** ****** ***** **** **, 2021, ** ******** ** ***%
...
** * ****** ** *** *********, the ******* ******** * *** **** of $*,***,*** *** *** *** ****** ended **** **, ****, ******** ** net **** ** $*,***,*** *** *** six ****** ***** **** **, ****.
****'* * ******** ****** *********, **** 20x ******* ****** **** *******.
**********, ******* **** ** ** ** H2 *** **'* ***** ** **** to ** ** * *** *** a *****.
******: *** ******* *** * *********** meeting, **** ********** *********, ************* *** **, **** ********:
**** ************ *****: