Logoi Learning Systems
Early Stage
Logoi is building the knowledge extraction & validation engine
Overview
Raised: $63,350
Total Commitments ($USD)
Platform
Wefunder
Start Date
05/11/2023
Close Date
06/30/2023
Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment
$1,000
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$7,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Active
Reporting Date
06/10/2023
Days Remaining
20
% of Min. Goal
127%
% of Max. Goal
63%
Likelihood of Max
Avg. Daily Raise
$2,112
# of Investors
33
Momentum
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Year Founded
2020
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
Logoi Learning Systems, with a valuation of $7 million, is raising funds on Wefunder. The company is building a knowledge extraction and validation engine to solve a problem that every business faces. The engine will ensure that companies retain the best knowledge of all their best employees forever by creating hallucination-free and up-to-date records of all conversations. Sara Sieteski founded Logoi Learning Systems in June 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for engineering, founder salaries, marketing and design, conferences and travel, and miscellaneous expenses.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$6,000 |
$600 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-42,358 |
$-203,860 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$133,039 |
$19,402 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$133,039 |
$19,402 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 05/11/2023
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