Personal AI

Personal AI

Growth Stage

Private Models Trained on Personal Memory, Unique to Every Individual.

Private Models Trained on Personal Memory, Unique to Every Individual.


Raised this Round: Raised: $1,758,811

Total Commitments ($USD)



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Close Date


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RegCF    Open SEC Filing

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Year Founded



Business Services, Software, & Applications

Tech Sector


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San Diego, California

Business Type

High Growth

Personal AI, with a valuation of $30 million, is raising funds on Republic. The company has developed a platform that captures every memory, thought, opinion, and experience and shares them with people you choose. It offers a digital extension of anyone’s personal brand. Personal AI uses personal language models to solve imperfect and inaccessible memory problems and consists of a unified memory and universal access model for each user with 120M parameters each. The AI model uses a user’s own data, facts, and opinions to create a responsive and interactive messaging experience that helps people be more productive and deepen relationships. Suman Kanuganti, Sharon Zhang, and Kristie Kaiser founded Personal AI in November 2019. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $5 million. The campaign proceeds will be used for educational, brand, and content marketing and core technology and product development.

Summary Profit and Loss Statement

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Financials as of: 12/13/2023
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In the age of information overload, the ability to recall every memory, thought, opinion, and experience is invaluable. Personal AI, operating under the legal name Human Ai Labs, Inc., has developed a platform that does just that. This platform is designed to capture a user’s entire digital footprint and transform it into an interactive and responsive messaging experience that can be shared selectively. Personal AI’s unique offering is centered around its Personal Language Models (PLM), which tackle the all-too-human problem of imperfect and inaccessible memory.

With a staggering 120M parameters each, these models are no-code, cost-efficient, and user-owned. They are trained by the users themselves, who can upload files and links or engage in conversation with their Personal AI. This process results in a unified memory bank and universal access model unique to every user. The platform effectively acts as a digital extension of an individual’s brand, enhancing productivity and deepening relationships by ensuring no detail or memory is lost.

While Personal AI is a great B2C tool, its main potential relies on its B2B solutions. Personal AI is a new adaptive, no-code tool popular among licensed professionals such as lawyers, consultants, or doctors. These independent firms can upload documents, communications, and client and case information. They save considerable time looking for information and drafting emails or messages. Personal AI increases productivity and helps licensed professionals make more time for new clients and quality services. 

Personal AI’s approach to the North American Artificial Intelligence market is innovative and timely. The company has already raised $9,166,871 in prior funding rounds. Notable venture capital investors, including BBG Ventures, Differential Ventures, Beni VC, Keshif Ventures, Jane Street Capital, and Supernode Global back it.

As the company is in its growth stage, Kingscrowd Capital has a unique opportunity to contribute to a platform that could redefine how individuals and professionals manage and access their memories and communications. Personal AI’s vision of a private model trained on personal memory, unique to every individual, has the potential to set a new standard in personalized and productive digital experiences.

Next Section: Price


Personal AI is raising funds on Republic through SAFE at a valuation cap of $30 million.

The company’s go-to-market strategy has already yielded success, with $260,000 in annual recurring revenue (ARR) achieved in just six months as of December 2023. As of March 2024, the company’s ARR was close to $500,000, demonstrating fast revenue growth. At this pace, Personal AI could easily generate well over $1 million in ARR by the end of the year. Personal AI has accumulated over $5 million in its B2B pipeline in just three months, indicating strong interest from potential customers.

Given the company’s valuation and ARR of close to $500,000, Personal AI has a high revenue multiple of 60x. However, the company has developed a unique high-value platform and already collected more than $9 million from investors. Therefore, considering its eight patents, fast-growing revenue, and long-term potential, Personal AI is raising at a reasonable valuation.

Next Section: Market


Personal AI operates in the hot and exciting North American Artificial Intelligence market, valued at $167.3 billion. This market is driven by the high demand for technologically advanced hardware and software products across various industries. The increase in automated services and the integration of AI-powered virtual assistants across numerous devices, including computers, tablets, and smartphones, are expected to boost product demand. This is particularly pertinent for service-based businesses that require increased efficiency.

Moreover, the trend of Intelligent Virtual Assistants (IVAs) fulfilling customer service roles, providing product information, assisting in navigation, and directing problem queries to human agents is aiding the growth of the AI industry. Financial institutions worldwide are integrating VAs to enhance customer experiences and perform various functions across different sectors. The ability of IVAs to provide better conversational responses and support regional languages enhances the accessibility and usability of this technology, further solidifying the market’s potential.

However, the market has its challenges. The AI industry in North America is highly competitive, with large tech companies like Facebook, Amazon, Google, IBM, Microsoft, and Apple significantly contributing to the AI market’s development. Personal AI will have to differentiate itself in this competitive landscape. Despite this, the company’s unique offering of a user-centric communication platform that captures and shares a user’s memories, thoughts, opinions, and experiences has the potential to carve out a unique market niche.

With an expected annual market growth rate of 19%, the future of the AI market looks promising. Favorable government policies encourage the development and use of AI technology, such as the American AI Initiative launched by the U.S. president in 2019 to promote the U.S. as a leader in AI technology. This initiative aimed to adopt AI-based systems by providing guidelines for real-life applications of AI technology in various industries and sectors.

Overall, given the market’s size, growth rate, and the increasing demand for AI technology, Personal AI is well-positioned to tap into this lucrative market’s potential.

Next Section: Performance


Personal AI has achieved significant traction and user engagement on its platform. In terms of financial performance, Personal AI achieved $260,000 in annual recurring revenue (ARR) within just six months, as of December 2023. But as of March 2024, the company is already generating $500,000 in ARR, doubling its ARR in just three months. At this pace, it is realistic to envision that Personal AI can reach $1 million in ARR by the end of the year, at minimum. The company has also accumulated over $5 million in its business-to-business (B2B) pipeline in three months. These figures indicate strong market demand and successful execution of the company’s go-to-market strategy.

The company’s average Day 30 retention rate for users with 100+ memories is 35%, while for users with 1,000+ memories, the retention rate increases to an impressive 52%. This indicates that as users create more memories on Personal AI, they become more active and engaged with the platform. The stickiness of the platform is further demonstrated by the fact that paying subscribers exhibit a retention rate of 80% and an activity level 10 times higher than average users.

Personal AI users have generated over 10 million unique memories, equivalent to approximately 30% of Wikipedia’s size. Additionally, users have interacted with their Personal AI over 2 million times, with more than 1 million AI automated messages exchanged. This level of user engagement has resulted in a doubling of communication efficiency for users. The company’s defensibility is strong thanks to its eight patents.

Per our conversation with Personal AI’s team, the company has $500,000 on hand and burns $100,000 a month. Despite its short runway, the company has previously raised a total of $9.17 million in funding rounds. Therefore, there is little doubt that it can keep investors interested, especially since it started generating revenues.

Overall, Personal AI’s strong user engagement, impressive retention rates, and successful revenue generation indicate a positive performance trajectory for the company. With its unique platform and focus on solving memory-related challenges, Personal AI is well-positioned for continued growth in the North American artificial intelligence market.

Next Section: Differentiators


Personal AI differentiates itself by offering a unique platform that captures and shares every memory, thought, opinion, and experience with selected individuals. The company’s Personal Language Models lie at the core of its offerings, providing a no-code, user-trained, and user-owned model that solves the challenges of imperfect and inaccessible memory.

While Personal AI faces indirect competition from Memory AI, HereAfter AI,, Delphi, and Forever Voices, the competitive landscape in the B2C sector still needs to be well-established. Personal AI has the opportunity to solidify its position as a leader in the market.

Memory AI allows users to create personalized AI by recording voice memories using a mobile device. These recorded memories train the AI to mimic the user’s speech patterns, intonations, and expressions. The AI is designed to learn and understand the user’s moods, preferences, and behaviors through a multi-neural learning process, enabling it to provide more personalized interactions.

Users can share their recorded memories with others or keep them private. They can upload previously recorded voice memories to add to their AI’s dataset. Memory AI offers a range of pricing plans, starting from a free tier with basic features and extending to a premium subscription priced at $4.99 per month, which likely includes additional functionalities or storage space.

On the other hand, Delphi AI’s platform aims to enable personalized interactions at scale by creating digital clones of individuals. These clones capture various aspects of a person’s identity, including knowledge, experiences, personality traits, and opinions. Delphi AI partners with various individuals, including creators, coaches, politicians, influencers, and CEOs, helping them leverage their digital clones to expand their reach and provide tailored experiences to their audience.

The platform targets individuals who seek to scale their influence and engagement, offering them the ability to interact with their audience in a more personalized manner. Delphi AI’s pricing ranges from $25 to $350, likely depending on the level of customization and features offered. This suggests that higher-priced tiers include advanced functionalities or additional support services tailored to specific needs.

Personal AI isn’t based on personal use or online communication but on productivity.  

Personal AI is a user-centric communication platform designed to address the challenges of imperfect and inaccessible memory. It features Personal Language Models as the central component, offering accessibility, scalability, and cross-device compatibility through native apps and third-party integrations. At its core, Personal AI provides users with a unified memory and knowledge repository with unlimited capacity, encompassing various data types such as text, images, URLs, and documents. This unified memory structure facilitates instant and universal access to personal knowledge across the platform through third-party services like X, WhatsApp, and Instagram.

Users can customize their Personal AI experience by creating multiple AI personas, each tailored to manage specific aspects of their personal and professional memory. These personas enable users to independently share and control different components of their unified memory system, enhancing organization and efficiency, particularly in complex environments like organizations with diverse roles and specialties. The product is priced at $400/month for B2C users, which may increase. As for many software services (SaaS), the company can change its pricing structure several times before finding the right price to get more out of the willingness to pay off its users.

Personal AI’s eight patents strengthen its defensibility.

Personal AI’s patents introduce a groundbreaking memory retention system for AI, elevating its ability to intelligently retain, recall, and utilize information from both speech and text inputs. By incorporating personalized context it enables dynamic interactions and responses based on past interactions, greatly enhancing user engagement and decision-making processes. This innovative system sets a new standard in AI memory management, offering a rich and organized memory database unmatched by other systems. Importantly, the patent allows for the non-infringing development of similar memory systems by other AI entities, fostering innovation and diversity in approaches to memory enhancement. While this patent outlines a specific method, it acknowledges the potential for alternative strategies, ensuring flexibility in technological advancement within AI memory systems.

The company differentiates itself thanks to its focus on B2B tools and the ability to create the memory of an organization. On the B2B side, Personal AI is an easy software for licensed professionals. It faces competition with software like Clio, which specializes in helping lawyers manage clients and cases. However, Personal AI’s conversational software cannot remember cases, documents, and client conversations. Personal AI saves licensed professionals considerable time searching for information and drafting communication. The software is priced at $10,000 a year per AI, and licensed professionals have been buying up to 10 AI per company, bringing the bill even higher and increasing Personal AI’s revenues.

Next Section: Team


Suman Kanuganti, CEO, Co-Founder, and Director at, is a seasoned entrepreneur dedicated to developing ethical and inclusive AI solutions. With a background spanning open-source projects, robotics, AI, AR, wearable tech, and fintech, Suman’s expertise lies in leveraging emerging technologies to address human needs. He’s notably recognized for founding Aira Tech, a pioneering venture in AI and AR technology for the blind and low-vision community. He earned prestigious accolades, including Forbes’ 40 Under 40 and Smithsonian’s Top Innovators.

Kristie Kaiser, a Co-Founder and Head of UX & Design at, is driven by a passion for inclusive design and human-AI interaction. With a track record of successful startups and a patent for a Memory Retention System, Kristie brings extensive experience in bridging the gap between humans and AI. Her dedication to creating inclusive experiences has earned her recognition, including being named in Forbes’ 30 Under 30 class of 2022 for consumer technology.

Sharon Zhang, the third Co-Founder of, is an AI expert committed to advancing technologies alongside humanity. With over a decade of experience in artificial intelligence, particularly in Natural Language Processing (NLP), Sharon deeply understands how AI can positively impact lives. Her vision for Personal AI aligns with her ethos of original thinking and authentic AI, aiming to empower individuals and drive societal progress.

Next Section: Risks


Potential investors should know that investing in Personal AI comes with several risks. Firstly, the company operates in a highly competitive market with competitors that could quickly arise and try to capture market share. These competitors may have similar platforms or alternative solutions that offer comparable functionality, which could hinder Personal AI’s ability to gain market share and attract customers.

Due to the nature of its product, personal AI also faces legal risks. The platform captures and shares personal memories, thoughts, and opinions, raising concerns about privacy, data security, and potential legal liabilities. Personal AI must navigate complex regulations related to data protection and privacy.

Furthermore, Personal AI is in the early stages of development and has yet to achieve profitability. While the company has generated some revenue, it still has negative net income and a high monthly burn rate. This indicates a reliance on external funding to sustain its operations and achieve its growth objectives. The company’s financial situation may pose a risk to potential investors as it may require additional funding to continue its product development and scale its operations.

Another risk is the need for user adoption and market acceptance of Personal AI’s platform. While the company claims high market acceptance, the platform’s success hinges on individuals’ willingness to share their personal memories and experiences on it. Convincing users to upload and engage with the platform may require significant marketing efforts and education about its benefits and security measures.

Next Section: Bullish Outlook

Bullish Outlook

Personal AI stands out in the fast-growing Artificial Intelligence market with its unique platform that caters to the demand for B2B and B2C solutions for managing and accessing personal memories and information. Personal AI’s offering is timely and innovative, as it provides each user with a personal memory and can unify their memories within an organization. If it could onboard 10,000 B2B users at $10,000 a year, the company could reach $100 million in Annual Recurring Revenue (ARR) and become a unicorn. This number is achievable since there are more than one million consulting firms in the US and about the same number of lawyers.

The company’s product is based on eight patents and has various applications, from enhancing individual productivity to deepening relationships through a responsive and interactive messaging experience. Furthermore, the ability to train the AI with personal data without requiring coding skills democratizes the use of advanced AI for the average user, potentially driving widespread adoption.

Personal AI is backed by an impressive roster of venture capital investors, including BBG Ventures, Differential Ventures, and Jane Street Capital. This supports its capital needs and reduces its failure risk.

With eight patents securing its innovative technology, Personal AI has established high barriers to entry for potential competitors, positioning itself favorably in a not-overly competitive market. This strategic advantage, coupled with a recurring revenue model, lays the groundwork for a stable and growing cash flow once the company scales its user base and extends its market reach.

Next Section: Bearish Outlook

Bearish Outlook

Personal AI is a novel innovation that faces several potential hurdles to widespread adoption. One key challenge is convincing customers and organizations of its value proposition. Despite signing up, users might need help grasping its full potential, leading to underutilization and disappointing outcomes.

Furthermore, determining the optimal pricing strategy to attract customers and maximize profitability poses a significant challenge, as gauging customer willingness to pay accurately remains elusive.

Data privacy and cybersecurity concerns may also deter potential users, necessitating robust measures to address these apprehensions and build trust in the platform’s security protocols.

Next Section: Executive Summary

Executive Summary

Personal AI is a user-centric communication platform that uses personal language models to solve imperfect and inaccessible memory issues. The platform captures every user’s memory, thoughts, opinions, and experiences and shares them with selected individuals. Personal AI is trained through a no-code, cost-efficient, user-trained, and user-owned model, which involves simply uploading files, links, or chatting with a Personal AI.

Personal AI operates in the North American Artificial Intelligence market, growing steadily due to the increasing demand for automated and technologically advanced hardware and software products across various end-use verticals. The company has high market potential and achieved $260,000 in ARR in 6 months as of December 2023, with over $5M in its B2B pipeline in just three months. As of March 2024, the company already had close to $500,000 in ARR, demonstrating a fast-growing revenue.

Personal AI is well differentiated from its competitors thanks to its eight patents and its focus on productivity. It also attracted prestigious VC investors, which will help it access a wide network of partners and potential clients and lower its funding risk.

Overall, Personal AI allows investors to invest in a fast-growing AI startup solving a major pain point for a diverse range of licensed professionals. Thanks to an ambitious vision and a demonstrated product-market fit, the company has the potential to generate large amounts of revenue quickly.

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Personal AI on Republic 2023
Platform: Republic
Security Type: SAFE
Valuation: $30,000,000

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