AI Educators (LUCA)
Early Stage
The world’s first AI-driven personalized reading program
Overview
Raised: $2,500
Total Commitments ($USD)
Platform
Andes Capital
Start Date
07/27/2023
Close Date
06/30/2024
Min. Goal
$250
Max. Goal
$1,235,000
Min. Investment
$250
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$24,700,000
Rolling Commitments ($USD)
Status
Active
Reporting Date
05/07/2024
Days Remaining
53
% of Min. Goal
1,000%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$9
# of Investors
6
Momentum
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Year Founded
2023
Industry
Education, Training, & Coaching
Tech Sector
EdTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
AI Educators, with a valuation of $24.7 million, is raising funds on Andes Capital. The company has developed an AI-driven personalized reading program. AI Educators’ program includes LUCA, a digital reading tutor that uses AI and speech recognition to provide personalised reading content and interventions. LUCA assists readers in boosting their confidence, improving reading skills, and increasing engagement. Scott Sosso founded AI Educators in May 2023. The current crowdfunding campaign has a minimum target of $250 and a maximum target of $1.24 million. The campaign proceeds will be used for salaries and benefits, advertising and marketing, design and development, overhead, and business, legal, and accounting expenses.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
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Revenue |
$0 |
$0 |
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COGS |
$0 |
$0 |
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Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$0 |
$0 |
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Accounts Receivable |
$0 |
$0 |
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Total Assets |
$0 |
$0 |
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Short-Term Debt |
$0 |
$0 |
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Long-Term Debt |
$0 |
$0 |
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Total Liabilities |
$0 |
$0 |
Financials as of: 07/27/2023
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