GenesisAI (2)

The Global AI Network

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Security Type
Common Stock
Categories
Other
Min Investment
$493
Location
Albany, CA
Offering Date
July 17, 2020
Expected Close Date
March 29, 2024
Target Raise
$10.00K-$3.04M
Security Price
$4.25
Deal Notes

Price per Share: $3.11

Valuation
$100,000,000
Website
genesisai.io
Number of Employees
10
Cash
$452,795
Revenue
$8,122
Short Term Debt
$0
Cost of Goods
$12,331
Long Term Debt
$0
Net Income
$-2,539,154

Company Description

GenesisAI is a Machine Learning protocol. On top of this protocol, we are building a marketplace for AI products and services - an Amazon for AI services. The marketplace, which includes a built-in reputation system, connects companies in need of AI services, data, and models with companies interested in monetizing their AI tech. Initially, GenesisAI is focused on asset management space and recently entered the healthcare sector.

Amidst the global pandemic, all of us need to do our part to combat COVID. We need a global coordinated effort.

After getting overwhelming demand, GenesisAI decided to enter the healthcare sector. We are bringing AIs from all around the world to help battle COVID and aid humanity.

GenesisAI team is gathering AIs to develop detection, testing, diagnostic and treatment.

Key Deal Facts

Harvard founders with work experience at Google and Bridgewater Associates. Globally recognized investors and advisors with multi-billion-dollar exits, including former Dean of MIT Engineering and Harvard/MIT professors. Bringing AIs from all around the world to defeat COVID and get humanity back on track. The market for AI services is estimated to reach $5.5 trillion by 2027. If we achieve our vision, we believe GenesisAI has the potential to become one of the most valuable technologies of all time. A global AI network that just works.

Use of Proceeds

  • Payroll
  • Sales and Marketing
  • Legal
  • Accounting
  • Intermediary fees

Management Team / Advisory Board Bios

Archil Cheishvili_x000D_ CEO & Business Development_x000D_ Economics, Harvard University. Previous experience at Bridgewater Associates. Serial entrepreneur. Recognized by media outlets including the New York Post, Forbes, and Yahoo Finance._x000D_ _x000D_ David Fan_x000D_ Engineering & Product_x000D_ Computer Science, Harvard University. Senior Software Engineer work experience at Google._x000D_ _x000D_ Mina Pascalito Nassif_x000D_ Engineering & Product_x000D_ PhD in Applied Physics, MS in Computational Science and Engineering both from Harvard John A. Paulson School of Engineering and Applied Sciences. Published multiple scientific papers and raised over $1 million in research grants.

Deal Notes

Price per Share: $3.11

Amount Raised : $621,881
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Security Description

Common stock is a security that represents ownership in a corporation.

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