ABii by Van Robotics on StartEngine

The Smart Robot Tutor Company

Raise to date: $36,300

Reporting Date: 08/12/2020

Key Stats

Minimum Raise

$10,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

07/02/2020

Stop Date

09/30/2020

Days Remaining

47

Security Type

Common Stock

Investment Minimum

$450

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

60

% of Minimum Raised

363%

% of Maximum Raised

3%

Dollars Per Day to Reach Max

$21,994

DPD* Committed

$885

DPD* Category

$0

DPD* All Companies

$1,879

Kingscrowd Momentum

$36,300

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

ABii by Van Robotics, with a pre-money valuation of $19.2 million, is raising funding on StartEngine. The company develops artificial intelligence-enabled smart robot tutors for personalized tutoring in core subjects. The robots understand individuals’ learning habits and adapt to their performance, attention, and stress levels. ABii by Van Robotics was founded by Laura Boccanfuso in 2016 and appeared on Shark Tank in May 2020. The current crowdfunding campaign of the company has a minimum target of $10,000 and a maximum target of $1,070,000, and the funds will be used to continue growing the network of ed tech resellers and distributors and add more content. ABii by Van Robotics sells robot tutors to schools at $999 per robot and individual customers at $599 per robot. The pilot conducted with four schools reported an improvement of 34% among 67% of the students.

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