GenesisAI on Wefunder

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

Raise to date: $402,223

Reporting Date: 02/19/2020

Key Stats

Minimum Raise

$50,000

Maximum Raise

$1,070,000

Likelihood of Max Likely
Start Date

01/16/2020

Stop Date

04/17/2020

Days Remaining

57

Security Type

SAFE

Investment Minimum

$100

Deal Type

Deal to Watch


Investment Summary

Status

Active

# of Investors

670

% of Minimum Raised

804%

% of Maximum Raised

38%

Dollars Per Day to Reach Max

$11,715

DPD* Committed

$11,830

DPD* Category

$0

DPD* All Companies

$1,137

Kingscrowd Momentum

$402,223

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

GenesisAI, with a valuation cap of $7.5 million, is raising funds on WeFunder. The company provides a global AI network to buy and sell artificial intelligence technologies. GenesisAI is a machine learning protocol, in addition to being a marketplace for AI products and services. It is making AI accessible, affordable, and more efficient. GenesisAI was founded by Archil Cheishvili, David Fan, and Mina Pascalito Nassif, and has raised over $374,000 since its inception. The proceeds of the current round of crowdfunding, with a minimum goal of $50,000 and a maximum goal of $107,000, will be used towards product development, business development, operations, cost of marketing, cost of personnel, office space, travel, and logistics. GenesisAI already has a beta product and has agreements with more than 20 AI firms.

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