ChemTech AI

Early Stage

AI software for future manufacturing

Analytics

Raised to Date: Raised: $49,910

Aggregate Commitments $

Platform

StartEngine

Start Date

06/15/2022

Close Date

09/06/2022

Min. Goal

$10,000

Max. Goal

$1,069,999

Min. Investment

$495

Security Type

Equity - Preferred

Funding Type

RegCF

Series

Seed

Price Per Share

$2.15

Pre-Money Valuation

$19,970,699

Rolling Commitments $

Status

Active

Reporting Date

06/25/2022

Days Remaining

73

% of Min. Goal

499%

% of Max. Goal

5%

Likelihood of Max
unlikely
Avg. Daily Raise

$4,991

Momentum
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Location

New York, New York

Industry

Industrial Services

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Business Type

Growth

ChemTech AI, with a valuation of $20 million, is raising funds on StartEngine. The company has developed AI-based software for future manufacturing. The software operates food, chemical, and cosmetic production lines fully autonomously and highly efficiently. It also makes the manufacturing process waste-free, energy-efficient, and low-carbon emission. The AI operator of ChemTech AI is being used by companies like International Flavors & Fragrances and has won several awards. Oleg Giiazov founded ChemTech AI in October 2017. The current crowdfunding campaign has a minimum target of $9,999.65 and a maximum target of $1,069,999.10. The campaign proceeds will be used to scale and grow.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$123,970

$102,470

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-208,566

$-446,479

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$12,769

$7,500

Accounts Receivable

$103,800

$40,000

Total Assets

$131,669

$62,600

Short-Term Debt

$152,219

$34,585

Long-Term Debt

$872,500

$712,500

Total Liabilities

$1,024,719

$747,085

Financials as of: 06/15/2022
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ChemTech AI on StartEngine 2022
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Platform: StartEngine
Security Type: Equity - Preferred
Valuation: $19,970,699

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