GenesisAI

BETA

The Global AI Network. Buy and sell AI technologies at scale.

Analytics

Raised to Date: $442,628

Aggregate Commitments $
Platform

Netcapital

Start Date

07/20/2020

Close Date

10/01/2020

Min. Goal

$10,000

Max. Goal

$444,609

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Pre-Money Valuation

$12,471,815

Weekly Commitments $
Status

Active

Reporting Date

09/20/2020

Days Remaining

9

% of Min. Goal

4,426%

% of Max. Goal

100%

Likelihood of Max
Avg. Daily Raise

$7,139

Momentum
Location

Cambridge, MA

Industry

Business Services, Software, & Applications

Tech Sector

MarketplaceTech

Distribution Model

C2C

Margin

Low

Capital Intensity

Low

Business Type

High Growth

GenesisAI, with a post-money valuation of $14.9 million, is raising funds on NetCapital. It is a machine learning protocol that is used to create a marketplace to buy and sell artificial intelligence technologies at scale. The platform connects companies that need AI services, data, and models with companies wanting to sell and monetize their AI technology. GenesisAI was founded by Harvard graduates Archil Cheishvili, David Fan, and Mina Pascalito Nassif in 2018. The current crowdfunding campaign has a minimum goal of $10,000 and a maximum goal of $444,609. The proceeds will be used for payroll, sales and marketing, accounting, and legal expenses. GenesisAI is bringing AIs from across the globe together to defeat COVID-19.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-183,454

$-61,790

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$29,694

$70,501

Accounts Receivable

$15,500

$0

Total Assets

$45,194

$70,501

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Ratings

last updated 09/21/2020

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