Cen
About this raise
CEN is here to democratize AI with blockchain -- and disrupt the AI and knowledge industries. They have developed “...the Basic Intelligence Token (BIT) network, an AI system that uses blockchain to run an efficient collaboration between machine and human experts while distributing fair rewards to knowledge givers.” CEN takes questions that are difficult for AI to answer and sends them to human experts, or “Minders,” who answer the questions. The knowledge is then added to a distributed, blockchain-powered, secure knowledge base. Basic Intelligence Tokens, or BITs, are awarded to the people who provide the information. CEN is ready to disrupt the AI industry and knowledge market -- one piece of information at a time.
Investment Overview
Invested : $136,100
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 05/15/2018
- Close Date
- 04/29/2019
$10,000
$1,070,000
$400
Equity - Common
Early Stage
RegCF
$4.00
$36,500,000
Company & Team
Company
- Year Founded
- 2018
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2C
- Margin
- Capital Intensity
- Location
- La Jolla, California
- Company Website
-
Visit Website
Team
- Employees
- 4
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/29/2019 | StartEngine | $36,500,000 | $136,100 | Equity - Common | Funded | RegCF |