Jetson

Intelligent Voice Commerce

Analytics

Raised to Date: $361,959

Deal Info
Investment Momentum
Company Profile
Excerpt
Financials
Funding History

Aggregate Commitments $

Platform

StartEngine

Start Date

02/22/2021

Close Date

07/29/2021

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$250

Security Type

Convertible Note

Funding Type

RegCF

Series

Seed

Valuation Cap

$20,000,000

Discount Rate

20%

Rolling Commitments $

Status

Active

Reporting Date

06/09/2021

Days Remaining

% of Min. Goal

3,620%

% of Max. Goal

34%

Likelihood of Max
unlikely

Avg. Daily Raise

$3,383

# of Investors

541

Momentum

Logos provided by Clearbit

Founder Profile

Founder Profile: Peter Peng of Jetson

Location

New York, New York

Industry

Business Services, Software, & Applications

Tech Sector

MarketplaceTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Business Type

High Growth

SEC Filing

Company Website

Jetson, with a $20 million valuation cap, is raising funds on StartEngine. The company is the provider of smart speakers and voice assistants and is a voice-first SaaS platform. It uses artificial intelligence to upgrade smart speakers like Amazon Alexa and Google Home for businesses and allows them to process voice ordering. Peter Peng founded Jetson in 2017 and has already raised $2.8 million in previous rounds of financing. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the proceeds will be used to onboard new users, integrate new brands onto the marketplace, enter new industries, and expand into new geographies. Jetson has signed partnerships with Amazon Pay, delivery.com, Postmates, Shopify, and Square. The marketplace currently has 1.46 million products and over 13,150 merchants.

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$1,435	$8,494
COGS	$0	$0
Tax	$0	$0


Net Income	$-1,335,902	$-946,066

Summary Balance Sheet

	Most Recent Year	Prior Year
Cash	$649,763	$1,671
Accounts Receivable	$0	$90
Total Assets	$681,450	$1,761
Short-Term Debt	$123,088	$149,272
Long-Term Debt	$1,320,000	$0
Total Liabilities	$1,443,088	$149,272

Summary of Crowdfunding Raises

Offering Name	Close Date	Platform	Valuation/Cap	Total Raised	Security Type	Status	Reg Type
Jetson	07/29/2021	StartEngine	$20,000,000	$361,959	Convertible Note	Active	RegCF
Jetson AI	11/11/2020	Microventures	$20,000,000	$0	Equity - Preferred	Not Funded	RegA+
Jetson AI	09/30/2019	Microventures	$0	$1,070,000	Convertible Note	Funded	RegCF

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