PredictSys

Using Artificial Intelligence to solve Fashion's $210 Billion problem

Analytics

Raised to Date: $107,263

Aggregate Commitments $
Platform

Wefunder

Start Date

02/24/2021

Close Date

04/30/2021

Min. Goal

$250,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$10,000,000

Discount Rate

0%

Rolling Commitments $
Status
Funded
Reporting Date

05/02/2021

Days Remaining
Funded
% of Min. Goal

43%

% of Max. Goal

10%

Likelihood of Max
Funded
Avg. Daily Raise

$1,650

# of Investors

71

Momentum
Funded
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Location

Moraga, California

Industry

Retail Shops & Department Stores

Tech Sector

FashionTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

Low

Business Type

High Growth

PredictSys, with a $10 million valuation cap, is raising crowdfunding on Wefunder. The company has developed a system to use big data and artificial intelligence for analysis of customer sentiments and fashion forecasting. The application generates automated and actionable recommendations for inventory management to improve both profitability and customer experience. Abhinav Chandra founded PredictSys in February 2019. The proceeds of the current crowdfunding round, with a minimum raise of $250,000 and a maximum raise of $1,070,000, will be used for the enhancement and deployment of MVP, sales and marketing, and development of infrastructure. PredictSys’ MVP generates recommendations with over 90% accuracy and is on its way to launch.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-52,509

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$3,599

$0

Accounts Receivable

$0

$0

Total Assets

$3,599

$0

Short-Term Debt

$10,230

$0

Long-Term Debt

$0

$0

Total Liabilities

$10,230

$0

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