Locai Solutions on SeedInvest

AI-powered platform providing end-to-end solutions for grocers

Raise to date: $36,825

Reporting Date: 10/13/2019

Key Stats

Minimum Raise

$25,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

09/20/2019

Stop Date

11/15/2019

Days Remaining

30

Security Type

Perferred Stock

Investment Minimum

$1,000

Deal Type

Top Deal


Investment Summary

Status

Active

# of Investors

Not Known

% of Minimum Raised

147%

% of Maximum Raised

3%

Dollars Per Day to Reach Max

$34,439

DPD* Committed

$1,601

DPD* Category

$0

DPD* All Companies

$1,270

Kingscrowd Momentum

$36,825

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Locai Solutions, the e-grocery provider, is raising funds on SeedInvest. The company has a pre-money valuation of $6.5 million and is redefining digital grocery. Locai Solutions uses its proprietary artificial intelligence to help grocers personalize the grocery shopping experience for their customers, engage them, and gain higher revenue. Locai Solutions was founded by Mike Demko, Kit Demko, and Scott DeGraeve and raised $2.15 million in its pre-seed funding round. The current crowdfunding round has a total round size of $2 million, and the proceeds will be used for technology development, sales & marketing, client services, operational services, and G&A. Locai Solutions has already achieved significant market penetration and is set to launch its meal planning application, CookIt, in September 2019.

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