RAD AI

RAD AI

Growth Stage

Platform providing advertiser content for users to share

Overview

Raised this Round: Raised: $467,941

Total Commitments ($USD)

Platform

Dealmaker Securities

Start Date

08/21/2024

Close Date

04/30/2025

Min. Goal
$10,000
Max. Goal
$402,659
Min. Investment

$2,000

Security Type

Equity - Common

Series

Series B

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.50

Year Founded

2018

Industry

Business Services, Software, & Applications

Tech Sector

AdTech

Distribution Model

B2B

Margin

Low

Capital Intensity

Location

Santa Monica, California

Business Type

High Growth

RAD AI is raising funds on Dealmaker Securities. The company leverages data and analytics for fully automated influencer marketing. RAD AI’s platform is simple and effective and allows small and medium-sized businesses to drive targeted traffic and conversions. The business has nearly tripled its booked revenue over the previous twelve months and has been an integral part of transforming and scaling several businesses. Jeremy Barnett, Bradley Silver, and Joseph Freedman founded RAD AI in July 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $402,658.77. The campaign proceeds will be used for payroll, marketing and advertising, and general and administrative expenses.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$506,686

$406,824

COGS

$1,430,575

$1,476,896

Tax

$0

$0

 

 

Net Income

$-5,452,921

$-5,008,330

Summary Balance Sheet

FY 2023 FY 2022

Cash

$354,783

$203,240

Accounts Receivable

$266,675

$23,750

Total Assets

$3,860,410

$4,800,803

Short-Term Debt

$995,773

$348,118

Long-Term Debt

$0

$500,000

Total Liabilities

$995,773

$848,118

Financials as of: 08/21/2024
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
RAD AI 04/30/2025 Dealmaker Securities - $467,941 Equity - Common Active RegCF
RAD AI 05/02/2024 Dealmaker Securities $62,828,416 $2,362,076 Equity - Common Funded RegCF
RAD AI 02/22/2024 Dealmaker Securities $53,840,752 $967,366 Equity - Common Funded RegCF
RAD AI 11/03/2023 Wefunder $48,002,823 $1,199,999 Equity - Common Funded RegCF
RAD AI 04/30/2023 Wefunder $18,000,812 $4,152,088 Equity - Common Funded RegCF
Rad Intelligence 09/18/2020 Wefunder $5,000,000 $816,583 SAFE Funded RegCF
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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.

Employee History

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RAD AI on Dealmaker Securities 2024
Platform: Dealmaker Securities
Security Type: Equity - Common
Price per Share: $0.50

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