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Security Type
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Equity
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Categories
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Other
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Min Investment
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$198
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Offering Date
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February 27, 2020
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Expected Close Date
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June 26, 2020
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Target Raise
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$10.00K-$1.07M
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Deal Notes
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Security Name: Common Stock
$0.75 per share
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Valuation
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$9,200,000
Company Description
More than 80% of all human interactions depend on vision, things like driving a car or watching over any process. Epilog's breakthrough digital vision technology can competently manage any visual task, allowing people to focus on more important things instead. Epilog's unique Artificial Intelligence (AI) 8K technology has multiple patents granted and has an estimated 10 year lead over the competition. Currently we are accepting orders on two products in the automotive and transportation sectors planned for production later this year.
Perks
$500+ | Receive a free Exclusive Owners T-shirt
$1,000+ | VIP Epilog owner 50% off any purchase through 2025 (Limit 1 item)
$5,000+ | Early access free Sherpa and extra 10% bonus shares
$10,000+ | Early access Free Sherpa and free upgrade trade for 2 years and extra 10% bonus shares
$50,000+ | above + dinner with founding team in San Francisco
$100,000+ | above + optional board seat
* Expected date of delivery on Sherpa will be within one year of a $500K+ raise
Key Deal Facts
We believe Epilog has the most compelling AI vision solution on the market with demonstrated 10-20x better image quality than HD systems and 10x less cost than comparable 8K systems in significantly smaller and more power-efficient packaging.
We are preparing two products for production now, addressing multi-billion-dollar markets with an estimated 10 year lead over the competition
Our strong IP position includes 8 patents granted, software, optics and Jabil's robotic manufacturing flow already in place to scale production quickly
Use of Proceeds
Marketing, Research & Development, Company Employment, Operations, Inventory, StartEngine Platform Fees
Management Team / Advisory Board Bios
Michael Mojaver
Founder and CEO
My business background is in starting, funding and leading technology companies in the US and international, some publicly traded. I studied/worked at UC San Diego, Cornell University, Fermilab and CERN (Switzerland). My first venture was a microchip design company for vision products. My main area of interest and continuing research is Neural Networks, AI, AR/VR.
Lance Mojaver
Co-Founder and CTO
Lance is the principal architect and developer for device, client, and server software at Epilog. He has more than six years of experience in real-time video software, creating video cameras from initial hardware design to user-facing product. Lance is passionate about creating cutting-edge vision solutions for robotic and consumer use cases. His most recent area of interest is creating structured 3D data with a single camera through techniques such as SfM.
Marc Munford
Business Development
Marc leads Epilog’s Consumer OEM Market Channel Development. Marc comes to Epilog from an extensive career in Silicon Valley startups. Previously, Marc was co-founder of NetDrive — the first Internet personal storage service (before it was called Cloud). Marc has built and run sales and business development for early stage companies such as Visto/Good Technology, Funambol, Germain Software, Treasure Data, and Wollongong/Attachmate. Marc learned to evangelize breakthrough technology when he was a software engineer early in his career working for Steve Jobs at NeXT. Marc's younger days in football also brings Epilog connections to major sports franchise leagues.
Dieter Koller
Research & Algorithm Development
Dieter has over a decade of management experience at various levels, including VP of Engineering, CTO, and Managing Director. He has a strong technical background within all facets of imaging technologies and computer vision, with applications in biometrics, multimedia, video compression and video processing, computer graphics, embedded technologies, as well as internet applications and new emerging technologies.
Dieter finished his Post Doctorate studies in the field of video tracking at University of California at Berkeley and California Institute of Technology, after studying computer science and physics at Karlsruhe Institute of Technology (KIT) in Germany. Dieter currently supports Epilog remotely from Germany on a part-time basis.
Deal Notes
Security Name: Common Stock
$0.75 per share