{"data":{"type":"company_profile","id":162679,"entity_id":"wefunder:company:162679","attributes":{"canonical_url":"https://wefunder.com/netspeek","generated_at":"2026-06-24T19:37:22Z","updated_at":"2026-06-24T05:01:31Z","entity_ids":{"company":"wefunder:company:162679","slug":"wefunder:company_slug:netspeek"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-24T19:37:22Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-24T05:01:31Z","as_of":"2026-06-24T19:37:22Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-24T05:01:31Z","as_of":"2026-06-24T19:37:22Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-24T19:37:22Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-24T19:37:22Z","confidence":"medium"}}},"company":{"id":162679,"entity_id":"wefunder:company:162679","slug":"netspeek","name":"Netspeek","tagline":"Simplifying the Complexities of Pro AV with AI","story":"We've all been there. A critical conference call is about to start, but technology fails us. Blank screens. No audio. IT and network administrators rushing to identify and resolve the issue. As thirty minutes slip by, opportunity, productivity, and revenue are lost. With disparate software, hardware, and system integrators all operating independently, managing a Pro AV ecosystem becomes a frustrating, complex, and costly reality that drains both resources and patience.The Pro AV industry is vast and fragmented. System integration companies offer technology from an overwhelming number of vendors, none of which are motivated to improve interoperability. If anything, the current industry players benefit from this dysfunction.System integrators secure lucrative managed services contracts after initial product salesVendors benefit from the lack of compatibility among competitive technologyEven within a simple network, the number of technologies that need to be managed is vast. With no centralized management tools, deployment, use and maintenance of the network is costly and downtime is frequent.NetSpeek's solution unifies the control and management of multi-vendor estates of Pro AV technologies, enabling streamlined deployment and maintenance and frictionless use while eliminating the clutter, confusion and frustration that is near universal today.Even industry leaders acknowledge the persistent challenge. Dario Amodei, CEO of Anthropic, a pioneering AI company, describes the ongoing dilemma:We have a running joke at Anthropic, which is that we'll solve AGI [Artificial General Intelligence] before we solve video conferencing. I think it's going to be literally true — the AGI will come first.Amodei's insight exposes a paradox: as artificial intelligence races forward, reliable video conferencing remains as elusive as it was a decade ago - until now.NetSpeek, founded by Erik DeGiorgi, addresses a crucial need in the Professional AV community: a solution to the ongoing challenge of integrating the vast array of hardware and software in the $402 billion Pro AV market. Our team's expertise goes beyond mere technical knowledge – we intimately understand our customers' pain points because we've experienced them ourselves. This firsthand experience with the industry's frustrations gives us a unique advantage in developing solutions that truly resonate with the market.NetSpeek's team brings a wealth of industry expertise: over 50 years of combined Pro AV experience, $100 million in career sales, and deep-rooted relationships with channel and vendor partners. This foundation enabled us to identify over thirty enterprise accounts, including 14 Fortune 500 companies, as our initial target market. Our potential reach is substantial – the meeting room count from our team's previous customers alone encompasses an estimated 140,000 rooms out of the industry's 15,000,000 total, representing approximately $7M in potential Annual Recurring Revenue (ARR).LENA revolutionizes Pro AV network management. More than just another tool, LENA is a multilingual powerhouse that understands both human speech and the complex languages of diverse AV devices across manufacturers.\u0026nbsp;Key Features:Natural language interface: Control your AV setup through simple voice commandsUniversal compatibility: Seamlessly works with devices from virtually any manufacturerReal-time problem-solving: Proactively identifies and resolves issues to maintain smooth operationsImagine entering a conference room and saying, \"LENA, start my presentation.\" No more wrestling with remotes or waiting for IT support. This simplicity is the essence of NetSpeek's innovation. LENA's capabilities extend beyond end-users, empowering network administrators and support technicians to manage systems with unprecedented ease.Driving our groundbreaking innovation is a team of industry experts and visionaries with over 50 years of combined Pro AV experience:Erik DeGiorgi, CEO15+ years in Pro AVScaled MediaVue from concept to $6.5M+ annual revenueUS Marine Corps veteran, RISD MFABrian Kane, Principal Software Engineer14+ years specializing in hardware control systems and AIBridges device control and human interactionLeads development of LENA's core AI technologyKatie Valle, Sales Advisor20+ years in Pro AV, IT Managed Services, and Digital SignageProven track record with strategic C-level partnershipsSpearheads NetSpeek's market growth strategyBacked by a board of seasoned advisors and directors from the worlds of tech innovation, global partnerships, and digital strategies, NetSpeek is primed to disrupt the Pro AV industry and capture a significant share of the $402 billion market opportunity.Forward-looking projections are not guaranteed.While LENA is poised to revolutionize the Pro AV industry, we're not just dealing in hypotheticals. Our journey from concept to market-ready solution has already garnered significant interest and validation.Beta Program:Collaborating with global enterprises for initial deploymentsTargeting 300+ room installations in Q4 2024Potential annual savings of $150,000 for a global financial firm with just 225 roomsIndustry Excitement:28 enterprise accounts identified for immediate pipelineDemonstrations provided to Fortune 500 decision-makersConsistent, positive feedback on LENA's potential to solve critical pain pointsStrategic Partnerships:Integration with leading Pro AV technology vendors underwayFostering relationships with key resellers and managed service providersOur early adopters aren't just testing LENA; they're eagerly anticipating full deployment. As David Mawhinney, a Pro AV consultant with 30 years of industry experience puts it,LENA isn't just a tool; it's the missing link in our Pro AV ecosystem. We've been waiting for something like this for years.With each demo and partnership discussion, we're not just validating our technology – we're building a groundswell of demand that positions NetSpeek at the forefront of the Pro AV revolution.NetSpeek's innovative approach and growing industry recognition positions us to capture a significant share of the $402 billion Pro AV market. Phased Rollout: Q4 2024: Beta deployment in 300+ rooms across major enterprisesQ1 2025: Full-scale launch to early adopters and strategic partners2025: Broad market expansion and channel partner engagementDual-Pronged Sales Approach:Sales: Leveraging our team's industry connections to target Fortune 500 companiesChannel Partners: Collaborating with system integrators and managed service providers to extend our reachLand and Expand:Start with conference room deploymentExpand to other AV-equipped spaces within adopting organizationsUpsell advanced features and analytics as we capture more of the AV ecosystemIndustry Partnerships:Integrated LENA with leading AV hardware manufacturersPositioning LENA as the universal interface for all Pro AV systemsThought Leadership:Regular contributions to industry publicationsSpeaking engagements at major AV conferencesHosting webinars on the future of AI in Pro AV managementThank you for your time and interest. - Erik \u0026amp; the entire NetSpeek team.","location":"Newton, MA","website":"https://netspeek.com","total_amount_raised":84000,"total_investors":18,"is_funded":true,"is_active":true,"quality_score":2,"related_urls":["https://wefunder.com/netspeek","https://netspeek.com"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/162679/xxl_blob.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/162679/large_blob.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/162679/standard_blob.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/162679/standard_blob.jpg"},"links":{"company_url":"https://netspeek.com","linkedin_url":"https://linkedin.com/company/netspeek/"},"highlights":[{"id":62736,"name":"notable_angel","url":"notableangel","presentable_name":"Notable Angel","description":"Raised $25k or more from a notable angel investor","image_url":"https://uploads.wefunder.com/2021/profile-highlights-check.svg"},{"id":75537,"name":"repeat_founder","url":"repeatfounder","presentable_name":"Repeat Founder","description":"Started a prior company with $2M+ in funding or revenue","image_url":"https://uploads.wefunder.com/2021/profile-highlights-replay.svg"}],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"First-mover advantage - developed in direct response to known challenges in a $400B marketplace"},{"index":2,"claim_id":"claim-fact-2","value":"Existing relationships create a $30M ARR sales pipeline - beta in process with blue chip partners"},{"index":3,"claim_id":"claim-fact-3","value":"Management team with 50+ years of combined experience and over $100M in career sales"},{"index":4,"claim_id":"claim-fact-4","value":"Secured $250K in pre-seed funding on the same terms with backing from an experienced advisor network"}],"team":[{"id":5219351,"entity_id":"wefunder:company_role:5219351","user_entity_id":"wefunder:user:4488843","role":"founder","name":"Erik DeGiorgi","title":"CEO","bio":"Co-founder of MediaVue, grew to $7MM annual revenue, 18 years Pro AV experience, RISD MFA, US Marine","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5219351/square_blob.jpg?1729544252","profile_url":"https://wefunder.com/erik.degiorgi","linkedin_url":"https://linkedin.com/in/erik-degiorgi-35466365/","related_urls":["https://wefunder.com/erik.degiorgi"]},{"id":5223095,"entity_id":"wefunder:company_role:5223095","user_entity_id":"wefunder:user:4483289","role":"employee","name":"Brian Kane","title":"Senior Architect","bio":"10+ years building enterprise software for Pro AV. Expert in ML, AI, NLP and full stack development","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5223095/square_blob.jpg?1726064755","profile_url":"https://wefunder.com/brian.kane.1","linkedin_url":"https://linkedin.com/in/brian-kane-a7a33367/","related_urls":["https://wefunder.com/brian.kane.1"]},{"id":5223097,"entity_id":"wefunder:company_role:5223097","user_entity_id":"wefunder:user:4482678","role":"employee","name":"Ahmad AlAmri","title":"Senior Engineer","bio":"A previous AI SaaS founder with deep understanding of productizing AI for enterprise","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5223097/square_blob.jpg?1727267853","profile_url":"https://wefunder.com/ahmad.alamri","related_urls":["https://wefunder.com/ahmad.alamri"]},{"id":5223096,"entity_id":"wefunder:company_role:5223096","user_entity_id":"wefunder:user:4482682","role":"employee","name":"Momin Mokhtar","title":"Senior Engineer","bio":"A front end software engineer with extensive experience building web and mobile user interfaces","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5223096/square_blob.jpg?1727267853","profile_url":"https://wefunder.com/momin.mokhtar","related_urls":["https://wefunder.com/momin.mokhtar"]},{"id":5223098,"entity_id":"wefunder:company_role:5223098","role":"employee","name":"Jacob Miller","title":"Senior Engineer","bio":"A full stack software engineer with a specialization in back-end architecture","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5223098/square_blob.jpg?1726660936","related_urls":[]},{"id":5223099,"entity_id":"wefunder:company_role:5223099","role":"employee","name":"Preston Naclerio","title":"UI/UX Designer","bio":"A UI/UX product expert with a background working with Fortune enterprises","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5223099/square_blob.jpg?1726660936","related_urls":[]},{"id":5222024,"entity_id":"wefunder:company_role:5222024","user_entity_id":"wefunder:user:4482413","role":"employee","name":"Robert Wilson","title":"Director","bio":"Strategist in tech innovation with multiple exits, specializing in sales and global partnerships","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5222024/square_blob.jpg?1727357281","profile_url":"https://wefunder.com/robert.wilson.26","linkedin_url":"https://linkedin.com/in/bob-wilson/","related_urls":["https://wefunder.com/robert.wilson.26"]},{"id":5223104,"entity_id":"wefunder:company_role:5223104","role":"employee","name":"Stuart Armstrong","title":"Advisor","bio":"Career includes multiple exits in the Pro AV industry, currently a major industry contributor","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5223104/square_blob.jpg?1727891734","related_urls":[]},{"id":5223223,"entity_id":"wefunder:company_role:5223223","role":"employee","name":"David Danto","title":"Advisor","bio":"Four decades in media, technology and collaboration, heavily influencing Pro AV advancements","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5223223/square_blob.jpg?1727891735","related_urls":[]},{"id":5223224,"entity_id":"wefunder:company_role:5223224","role":"employee","name":"Katie Valle","title":"Sales Advisor","bio":"20 years in Pro AV industry ranging from startup to $1B MSP. Sold to all stakeholders, technical to C-Suite","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5223224/square_blob.jpg?1727891735","related_urls":[]}],"featured_investors":[{"id":10036,"entity_id":"wefunder:company_investor_profile:10036","investor_profile_id":3885058,"investor_profile_entity_id":"wefunder:investor_profile:3885058","subject_entity_id":"wefunder:user:4394702","name":"Jeff Lombardi","role_title":"","bio":"CEO and Partner of The Kernel LLC, Jeff's career spans more than 25 years in venture capital, asset management, and alternative investments, responsible for building and managing numerous businesses within large global financial institutions.","avatar_url":"https://wefunder.com/rails/active_storage/blobs/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MjE4NzM0LCJwdXIiOiJibG9iX2lkIn19--adf4a8ae581252b9f70daa9ff0f57a557ccc2cd1/filename","profile_url":"https://wefunder.com/jeff.lombardi","endorsement_quote":"Utilizing disruptive innovation, NetSpeek typifies the type of tech company we seek to back. Erik and his team, each with over 15 years of direct industry experience and more than a decade of collaboration, not only identified the overarching problem plaguing the Pro AV space, they realized the major players had no incentive to solve it. After more than a year of research, production and testing, the solution has been successfully deployed and is ready for commercial use. With the team’s extensive history and relationships in the industry, they have a substantial pipeline of clients poised for early adoption.","endorsement_name":"","investment_total":10000,"investment_info":"Invested $10,000 this round","is_lead_investor":true,"memo_paid_for_by_company":false,"related_urls":["https://wefunder.com/jeff.lombardi"]},{"id":9858,"entity_id":"wefunder:company_investor_profile:9858","investor_profile_id":3973841,"investor_profile_entity_id":"wefunder:investor_profile:3973841","subject_entity_id":"wefunder:notable_investor:13473","name":"The Kernel LLC","role_title":"CIO","bio":"The Kernel is a unique technology advisory firm that seeks to identify, validate, invest, and deploy emerging technology for our global clients and our proprietary projects.","avatar_url":"https://wefunder.com/rails/active_storage/blobs/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MjA2ODMyLCJwdXIiOiJibG9iX2lkIn19--c4f54f1db138bd507ba5b879652e477a76e37fc2/filename","profile_url":"https://wefunder.com/the.kernel.llc","endorsement_quote":"NetSpeek's flagship product, LENA, was created in response to demands from global enterprises struggling to support Pro AV networks. We observed early on that the potential cost savings coupled with an almost seamless integrated solution for any coporation's communications infrastructure had the potential to turn the Pro AV market on its head.","endorsement_name":"Sterling Orr","is_lead_investor":false,"memo_paid_for_by_company":false,"related_urls":["https://wefunder.com/the.kernel.llc"]}],"investor_memos":[],"tab_counts":{"posts":0,"ask_questions":4,"featured_investors":2,"faq_entries":2},"active_fundraises":[{"id":122372,"entity_id":"wefunder:fundraise:122372","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"","currency":"USD","testing_the_waters":true,"min_purchase":500,"max_purchase":9,"funding_target":750000.0,"minimum_target":"50000.0","maximum_target":"750000.0"},{"id":122371,"entity_id":"wefunder:fundraise:122371","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":500,"max_purchase":9,"funding_target":50000.0,"minimum_target":"50000.0","maximum_target":"750000.0","funding_started_at":"2024-10-03T19:49:57Z","funding_closed_at":"2025-01-18T05:00:00Z","auto_close_at":"2025-01-18T04:59:59Z"}],"latest_fundraise":{"id":122372,"entity_id":"wefunder:fundraise:122372","state":"successful","offering_type":"4(a)(6)","structure":"ttw","testing_the_waters":true,"can_invest_now":false,"funding_started_at":null,"funding_closed_at":null,"terms":{"eb":"$5M","nb":"$6.5M","txt":"valuation cap"}},"recent_posts":[],"q_and_a":[{"id":299995,"entity_id":"wefunder:comment:299995","question":"Does Netspeek own any IP in the pro-AV space? Have you filed any patents, copyright etc for the solution?","author_name":"Valerian Harris","votes":1,"created_at":"2025-01-14T13:59:05Z","canonical_url":"https://wefunder.com/netspeek#question-299995","answers":[]},{"id":300375,"entity_id":"wefunder:comment:300375","question":"Hi Erikl, I would like to have invested, but you've set your minimum investment amount too high... :-( Please consider lowering next raise. Thanks. Blessings","author_name":"W Kim Colich","votes":0,"created_at":"2025-01-17T05:14:23Z","canonical_url":"https://wefunder.com/netspeek#question-300375","answers":[]},{"id":299108,"entity_id":"wefunder:comment:299108","question":"What do you anticipate margins and CAC to be?","author_name":"Jarod Rudisill","votes":0,"created_at":"2024-12-29T18:29:09Z","canonical_url":"https://wefunder.com/netspeek#question-299108","answers":[{"id":299144,"entity_id":"wefunder:comment:299144","answer":"Thanks for the question Jarod. Our cost of goods is relatively low, and most of our core infrastructure (mainly cloud compute and a handful of other tools) scale with use so will maintain a similar ratio if not slightly decrease as a percentage with scale. A typical SaaS company usually targets around 80% margin and our predictions follow that standard. Now that can change if you add engineering labor into your equation. This is our greatest expense, and if you include it at this stage not only do we eliminate our margins, we actually run at a loss. This is because we are leveraging both revenue and investments to grow the business as rapidly as possible. This is very common for a company like NetSpeek and is done so to establish as much market share as rapidly as possible. Our objective will be to demonstrate the potential for profitability within around 12 months but we will likely still maintain an aggressive growth strategy supported by subsequent funding rounds. With respect to Customer Acquisition Cost, I do not have an exact quantification, but we expect it to be very low. The reason for this is a result of one of NetSpeek's most significant competitive advantages. Today, our management team has a combined 60 years of industry experience, with over $100 million in sales and over 100 product launches. Unlike a consumer facing business, where you would typically run an aggressive digital marketing campaign to build a customer base and then measure the success of that campaign with metrics such as CAC, our team is selling into enterprise accounts we have sold to previously. So think of NetSpeek targeting the Fortune 500, irrespective of the company's industry. There might be 1,500 people that are decision makers or influencers that we need to target. Our team today has connections with roughly a third of them based on our previous industry experience and this is more than enough to get us going. In fact, we have already categorized our prospects by priority and are engaging with the ones that we think can generate revenue the quickest. Please let me know if this is helpful or if you have any further questions and thank you for your interest. -Erik","author_name":"Erik DeGiorgi","votes":0,"created_at":"2024-12-30T15:22:05Z"}]},{"id":295309,"entity_id":"wefunder:comment:295309","question":"Can you share your thoughts on how often you will update us on how things are progressing with your goals and business plan? Secondly, do you intend to file the annual report with the SEC? Thanks for your feedback.","author_name":"Karolina Ramirez","votes":0,"created_at":"2024-10-28T22:47:36Z","canonical_url":"https://wefunder.com/netspeek#question-295309","answers":[{"id":295506,"entity_id":"wefunder:comment:295506","answer":"Hi Karolina Thanks for your question and possible interest in NetSpeek. Yes, we plan to provide frequent updates on our progress across all fronts. We will also file an annual report with the SEC. Please let us know if you have any further questions.","author_name":"Erik DeGiorgi","votes":0,"created_at":"2024-10-31T19:37:07Z"},{"id":295511,"entity_id":"wefunder:comment:295511","answer":"Hi Karolina Thanks for your question and possible interest in Netspeek. Yes, we plan to provide frequent updates on our progress across all fronts. We will also file an annual report with the SEC. Please let us know if you have any further questions.","author_name":"Jeff Lombardi","votes":0,"created_at":"2024-10-31T22:40:58Z"}]}],"faq":[{"question":"Can you share your thoughts on how often you will update us on how things are progressing with your goals and business plan? Secondly, do you intend to file the annual report with the SEC? Thanks for your feedback.","answer":"Hi Karolina Thanks for your question and possible interest in NetSpeek. Yes, we plan to provide frequent updates on our progress across all fronts. We will also file an annual report with the SEC. Please let us know if you have any further questions."},{"question":"What do you anticipate margins and CAC to be?","answer":"Thanks for the question Jarod. Our cost of goods is relatively low, and most of our core infrastructure (mainly cloud compute and a handful of other tools) scale with use so will maintain a similar ratio if not slightly decrease as a percentage with scale. A typical SaaS company usually targets around 80% margin and our predictions follow that standard. Now that can change if you add engineering labor into your equation. This is our greatest expense, and if you include it at this stage not on..."}]}}}