Alelo on StartEngine

Artificial Intelligence Avatar-Based Training

Raise to date: $229,809

Reporting Date: 08/12/2020

Key Stats

Minimum Raise

$9,999

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

05/07/2020

Stop Date

10/05/2020

Days Remaining

52

Security Type

Common Stock

Investment Minimum

$276

Deal Type

Deal to Watch


Investment Summary

Status

Active

# of Investors

337

% of Minimum Raised

2,298%

% of Maximum Raised

21%

Dollars Per Day to Reach Max

$16,158

DPD* Committed

$2,369

DPD* Category

$0

DPD* All Companies

$1,879

Kingscrowd Momentum

$229,809

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Alelo, with a pre-money valuation of $10.5 million, is raising funds on StartEngine. The company provides artificial intelligence avatar-based simulation training through its patented AI training products. Alelo Enskill EPC is used for enterprise training and hiring, while Alelo Enskill English is used for English language education. The product can also be customized for government personnel training. Alelo was founded by Lewis Johnson in 2006 and raised $1.6 million in 2018. The current crowdfunding round has a minimum goal of $9,999.48 and a maximum goal of $1,069,999.56, and the proceeds will be used to expand the market share, fund additional research and development, and improve the products. Alelo is offering effective online learning solutions during COVID-19 and is ahead of the curve on remote learning.

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