Acciyo

Neutral
BETA

AI-powered desktop extension that puts news in context

Analytics

Raised to Date: $147,363

Aggregate Commitments $
Platform

Republic

Start Date

01/23/2020

Close Date

07/15/2020

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$50

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$3,000,000

Discount Rate

0%

Weekly Commitments $
Status
Funded
Reporting Date

08/02/2020

Days Remaining
Funded
% of Min. Goal

589%

% of Max. Goal

14%

Likelihood of Max
Funded
Avg. Daily Raise

$847

# of Investors

620

Momentum
Funded
Location
Industry

Media, Entertainment & Publishing

Tech Sector

MediaTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Business Type

Growth

Acciyo, with a $3 million valuation cap, is raising funds on Republic. The company provides an AI-enabled desktop extension to put news articles in context. The artificial intelligence technology helps users to understand the history behind a news topic and assimilate difficult and time-consuming news. Acciyo populates the previous chapters of a news story when users are reading the current article. Acciyo was founded by Anum Hussain and Vivian Diep in January 2018 and has raised over $300,000 since its inception. The current crowdfunding round has a minimum raise of $25,000 and a maximum raise of $107,000, and the proceeds will be used to expand the full product suite and to increase the number of desktop readers. Acciyo already has over 200 private beta users, with the public beta expected to launch in the first quarter of 2020.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-184,985

$-21,910

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$76,605

$0

Accounts Receivable

$0

$0

Total Assets

$113,105

$3,200

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Ratings

last updated 08/23/2020

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