Primari Analytics

Primari Analytics

Why struggle working long hours? Just e-mail/text DAN, your AI Digital Employee for business tasks

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Security Type
SAFE
Categories
Other
Min Investment
$250
Offering Date
April 23, 2020
Expected Close Date
July 22, 2020
Target Raise
$50.00K-$1.07M
Deal Notes

$250K+ pro rata right threshold

Company Description

PRIMARI is a technology startup developing Friendly AI for business professionals working anywhere, any time. Our smart technology reduces the workload of busy professionals and is built for non-technical end-users, and those dissatisfied with work tools. Our Friendly AI allows users to send emails & text messages to DAN, our Digital Analyst who understands natural language and translates requests into code that CRMs, Marketing, and other software programs can understand and execute in minutes.

Key Deal Facts

Founded by a team of technology innovators, data experts and serial entrepreneurs with 2 successful exits
Invest in an always-learning asset that makes small tasks or tedious, multi-step complex projects, as easy as sending an email or a text msg
Technology advisor is NASDAQ's cloud architect and pioneer of leading edge technologies and data science products
World-class board includes executives with leadership experiences at HSBC, Deloitte, McKinsey, Johnson and Johnson and Celgene
Must-have solution that allows people to use email or SMSText to instruct software platforms to complete tasks and assignments in minutes
Timing: 100% workers use email, 95% workers seek better work tools, 60% workers rely on mobile phones, 56% workers use more work tools than ever
Est. Market size: $33.9bn across 6 million SMBs in US (100 million globally); and 30,000 enterprise businesses in US (220,000 globally)
Bigger market potential than competitors. No apps, no learning curve, no changes to work habits. Just SMART Tech via Friendly AI

Use of Proceeds

If $50,000 is raised:

90% for product development (development of skills and integration of 3rd party software) 10% for operations and administrative expenses (inc. WeFunder's fee, D&O insurance, core technology subscription cost, security certification expense)

If $1,070,000 is raised:

85% for product development (development of skills and integration of 3rd party software) 10% for operations and administrative expenses (inc. WeFunder's fee, D&O insurance, core technology subscription cost, security certification expense) 5% for sales and marketing

Management Team / Advisory Board Bios

Francisco Gomez
Co-Founder - CEO
Data & Analytics, intelligence solutions, strategy and operations professional. Designed and released products for PwC's global staff. Mentor and Entrepreneur-In-Residence at Stevens Tech Venture Center, serve on the board of advisors at Rutgers U.

Andrei Volgin
Co-Founder - CTO
Andrei is the co-founder and CTO of PRIMARI Analytics. Andrei is a serial tech entrepreneur and former financial industry executive.

DAN - Digital Analyst
Digital Analyst
DAN is a digital analyst powered by Friendly AI, and trained across business platforms, social media, and universal business skills. DAN loves efficiency, helping others and is constantly learning new skills.

Deal Notes

$250K+ pro rata right threshold

Amount Raised : $63,173
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Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

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