Commerce.AI (2017)
About this raise
Commerce.AI, with a valuation of $8 million, is raising funds on SeedInvest. The company harnesses the power of AI and Big Data to give brands and corporations the ability to see what does and doesn't work with products. Commerce.AI is helping teams find what product features work best and lets teams focus on just building great products and selling them with confidence. The business has built an impressive customer base in Walmart, Coca-Cola, Chanel, and numerous other high-profile brands. Anand Pandharikar founded Commerce.AI in October 2014. The current crowdfunding campaign has a minimum RegCF target of $25,000, a minimum target for the combined offerings of $100,000, and a maximum target of $1.07 million. The campaign proceeds will be used for product, marketing, and miscellaneous expenses.
Investment Overview
Invested : $787,900
Deal Terms
- Platform
- SeedInvest
- Start Date
- 09/18/2017
- Close Date
- 12/23/2017
$25,000
$1,070,000
$500
Convertible Note
RegCF
/ RegD 506(c)
$8,000,000
10%
Company & Team
Company
- Year Founded
- 2014
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Location
- Sunnyvale, California
- Company Website
-
Visit Website
Team
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/15/2020 | StartEngine | $25,982,318 | $1,069,995 | Equity - Common | Funded | RegCF |
| 12/27/2017 | SeedInvest | $8,000,000 | $350,000 | Convertible Note | Funded | RegD 506(c) |
| 12/23/2017 | SeedInvest | $8,000,000 | $787,900 | Convertible Note | Funded | RegCF / RegD 506(c) |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.