Commerce.AI

Commerce.AI

Early Stage

Artificial intelligence to power next generation commerce

Artificial intelligence to power next generation commerce

Overview

Funding data not publicly available
Platform

SeedInvest

Start Date

09/17/2017

Close Date

12/23/2017

Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment

$500

Security Type

Convertible Note

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Valuation Cap

$8,000,000

Discount

10%

Year Founded

2014

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Location

Sunnyvale, California

Commerce.AI, with a valuation of $8 million, is raising funds on SeedInvest. The company harnesses the power of AI and Big Data to give brands and corporations the ability to see what does and doesn't work with products. Commerce.AI is helping teams find what product features work best and lets teams focus on just building great products and selling them with confidence. The business has built an impressive customer base in Walmart, Coca-Cola, Chanel, and numerous other high-profile brands. Anand Pandharikar founded Commerce.AI in October 2014. The current crowdfunding campaign has a minimum RegCF target of $25,000, a minimum target for the combined offerings of $100,000, and a maximum target of $1.07 million. The campaign proceeds will be used for product, marketing, and miscellaneous expenses.

Summary Profit and Loss Statement

FY 2016 FY 2015

Revenue

$10,000

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-132,126

$-40,168

Summary Balance Sheet

FY 2016 FY 2015

Cash

$130,616

$534

Accounts Receivable

$10,000

$0

Total Assets

$140,616

$534

Short-Term Debt

$0

$800

Long-Term Debt

$71,942

$0

Total Liabilities

$71,942

$800

Financials as of: 09/17/2017
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Commerce.AI 06/14/2020 StartEngine $25,982,318 $1,069,995 Equity - Common Funded RegCF
Commerce.AI 12/26/2017 SeedInvest $8,000,000 $350,000 Convertible Note Funded RegD 506(c)
Commerce.AI 12/22/2017 SeedInvest $8,000,000 - Convertible Note Funded RegCF / RegD 506(c)
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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

Funding data not publicly available

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Add to portfolio
Commerce.AI on SeedInvest 2017
Platform: SeedInvest
Security Type: Convertible Note
Valuation: $8,000,000

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

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