Alelo

Deal To Watch
BETA

Artificial Intelligence Avatar-Based Training

Analytics

Raised to Date: $285,934

Aggregate Commitments $
Platform

StartEngine

Start Date

05/07/2020

Close Date

12/04/2020

Min. Goal

$9,999

Max. Goal

$1,070,000

Min. Investment

$276

Security Type

Equity - Common

Funding Type

RegCF

Series

Series A

Pre-Money Valuation

$10,500,000

Weekly Commitments $
Status

Active

Reporting Date

10/28/2020

Days Remaining

35

% of Min. Goal

2,859%

% of Max. Goal

27%

Likelihood of Max
Avg. Daily Raise

$1,643

# of Investors

437

Momentum
Location

Los Angeles, CA

Industry

Education, Training, & Coaching

Tech Sector

EdTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Business Type

High Growth

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.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$1,850,517

$2,413,537

COGS

$691,836

$993,299

Tax

$3,220

$1,600

 

 

Net Income

$-581,740

$-573,704

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$20,839

$46,070

Accounts Receivable

$193,651

$168,343

Total Assets

$669,028

$709,019

Short-Term Debt

$2,074,065

$1,136,272

Long-Term Debt

$0

$0

Total Liabilities

$2,074,065

$1,607,167

Ratings

last updated 10/29/2020

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Analyst Report

Deal To Watch
Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
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