GenesisAI

GenesisAI

Growth Stage

The Global AI Network. Buy and sell AI technologies at scale.

The Global AI Network. Buy and sell AI technologies at scale.

Overview

Raised to Date: Raised: $178,759

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

01/31/2022

Close Date

Not Provided

Min. Goal
$497
Max. Goal
$75,000,000
Min. Investment

$497

Security Type

Equity - Common

Series

Series B

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$4.25

Pre-Money Valuation

$189,026,740

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/30/2023

% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$445

# of Investors

30

Momentum
Funded
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Year Founded

2018

Industry

Business Services, Software, & Applications

Tech Sector

MarketplaceTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Miami, Florida

Business Type

High Growth

GenesisAI is raising funds on Dalmore Group through Reg A+ crowdfunding. The company provides a global AI network to buy and sell artificial intelligence technologies. GenesisAI is a machine learning protocol, in addition to being a marketplace for AI products and services. It is making AI accessible, affordable, and more efficient. The company is led by an elite team and has reported a 19 times growth of monthly new user registrations. Archil Cheishvili, David Fan, and Mina Pascalito Nassif founded GenesisAI in 2018. The current crowdfunding campaign has no minimum target and a maximum target of $75,000,000. The campaign proceeds will be used for mergers and acquisitions, sales and marketing, research and development, and working capital.

Balance Sheet

Cash and Cash Equivalents

$800,072

Total Assets

$867,072

Accounts Payable & Accrued Liabilities

$53,780

Long Term Debt

$0

Total Liabilities

$53,780

Total Stockholders' Equity

$813,292

Total Liabilities and Equity

$867,072

Statement of Comprehensive Income Information

Net Income

$-1,734,478

Earnings Per Share - Basic

$-0.41

Earnings Per Share - Diluted

$-0.41

Auditor: Pinnacle Accountancy Group of Utah
Financials as of: 01/31/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
GenesisAI 04/26/2024 Netcapital $204,837,084 $698,781 Equity - Common Active RegCF
GenesisAI 03/09/2023 Dalmore Group $189,026,740 $178,759 Equity - Common Funded RegA+
GenesisAI 10/22/2021 StartEngine $88,953,760 $0 Equity - Preferred Not Funded RegCF
GenesisAI 07/15/2021 Netcapital $49,026,348 $3,251,640 Equity - Common Funded RegCF / RegD 506(c)
GenesisAI 03/21/2021 Netcapital $12,471,815 $1,507,349 Equity - Common Funded RegCF / RegD 506(c)
GenesisAI 03/20/2020 Wefunder $7,500,000 $738,640 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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GenesisAI on Dalmore Group 2022
Platform: Dalmore Group
Security Type: Equity - Common
Valuation: $189,026,740
Price per Share: $4.25

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Follow GenesisAI on Dalmore Group 2022

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Warning: according to the close date for this deal, GenesisAI may no longer be accepting investments.

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