Kylie.ai

Kylie.ai

Closed: Jul. 2017

About this raise

Kylie.ai, with a valuation of $5 million, is raising funds on SeedInvest. It is a technology layer that clones employee personalities to draft and send messages on communication platforms. Kylie.ai parses pieces of metadata of incoming company messages and creates personalized and empathetic responses in the company voice. Jamasen Rodriguez and Sinan Ozdemir founded Kylie.ai in February 2014. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $350,000. The campaign proceeds will be used for marketing, future wages, and general working capital.

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Investment Overview

Invested this round: $1,017,500

Deal Terms

Platform
SeedInvest
Start Date
03/31/2017
Close Date
07/19/2017
Min. Goal
$100,000
Max Goal
$350,000
Min. Investment

$500

Security Type

Convertible Note

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Valuation Cap

$5,000,000

Discount

15%

Company & Team

Company

Year Founded
2014
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Location
San Francisco, California
Company Website
Visit Website

Team

Funding data not publicly available

Financials

as of Fiscal Year 2016
 Revenue
$0
 Monthly Burn
$7,877
 Runway
7.1 months
Gross Margin
47%

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$64,518

$25,938

COGS

$33,923

$4,152

Tax

$0

$0

 

 

Net Income

$-94,528

$-12,836

Summary Balance Sheet

FY 2016 FY 2015

Cash

$55,986

$9,514

Accounts Receivable

$0

$0

Total Assets

$55,986

$9,514

Short-Term Debt

$151,000

$10,000

Long-Term Debt

$0

$0

Total Liabilities

$151,000

$10,000

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
07/19/2017 SeedInvest $5,000,000 $1,017,500 Convertible Note Funded RegCF / RegD 506(c)
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Add to portfolio
Kylie.ai on SeedInvest 2017
Platform: SeedInvest
Security Type: Convertible Note
Valuation: $5,000,000

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

Kylie.ai Deal Report

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