AIEDC

Artificial Intelligence as a Service

Analytics

Raised to Date: $0

Aggregate Commitments $
Platform

Netcapital

Start Date

02/11/2021

Close Date

04/30/2021

Min. Goal

$10,005

Max. Goal

$249,600

Min. Investment

$104

Security Type

Equity - Common

Funding Type

Test the Waters

Valuation

$6,861,920

Rolling Commitments $
Status

Active

Reporting Date

04/21/2021

Days Remaining

8

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$0

Momentum
cold
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AIEDC, with a post-money valuation of $6.86 million, is Testing the Waters on NetCapital. The company makes 5G-cloud mobile apps and provides machine learning for small businesses to create their own apps. The Artificial Intelligence Economic Development Corporation (AIEDC) provides Artificial Intelligence as a Service (AIaaS). Leonard S. Johnson founded AIEDC in 2017. The current crowdfunding round of the company has a minimum target of $10,004.80 and a maximum target of $249,600, and the proceeds will be used for cloud computing and data hosting, management compensation, outsourced development compensation, and SG&A. AIEDC is led by a team of entrepreneurs, leading scientists, and machine learning leads. The company has a multi-year partnership agreement with the Lodz University of Technology and expects to generate high revenues soon.
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