ALBI on Wefunder

AI-Powered Meeting Assistant — Helping teams have productive meetings

Raise to date: $700,000

Reporting Date: 05/31/2020

Key Stats

Minimum Raise

$350,000

Maximum Raise

$600,000

Likelihood of Max Exceeded
Start Date

05/14/2020

Stop Date

08/28/2020

Days Remaining

87

Security Type

SAFE

Investment Minimum

$250

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

793

% of Minimum Raised

200%

% of Maximum Raised

117%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$41,176

DPD* Category

$0

DPD* All Companies

$1,028

Kingscrowd Momentum

$700,000

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

ALBI, with a valuation cap of $5.5 million, is raising crowdfunding on Wefunder. The software uses natural language processing and artificial intelligence technology to automate the process of taking minutes of meetings. ALBI captures and summarises meeting notes, captures action items, and shares them with the team, working as a smart personal assistant. ALBI was founded by Cody White and Met Wu in 2018 and has raised over $500,000 since its founding. The proceeds of the current crowdfunding campaign, with a minimum target of $350,000 and a maximum target of $600,000, will be used in engineering, sales and marketing, and operations. ALBI can be integrated with Google Hangouts, Google Calendar, and Zoom, and already has more than 30 beta customers, including three Fortune 500 companies.

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