ChipBrain

ChipBrain

Emotionally intelligent AI for sales professionals

Print
Claim My Business
Security Type
Common Stock
Min Investment
$5
Location
Lewes, DE
Offering Date
August 26, 2020
Expected Close Date
June 30, 2023
Target Raise
$10.00K-$2.00M
Security Price
$4.74
Deal Notes

Price per Share: $0.93

Valuation
$20,151,418
Website
chipbrain.com
Number of Employees
13
Cash
$711,551
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$737,295
Net Income
$-976,074

Company Description

What if you knew exactly what your prospects and customers were feeling? What if every member of your team could read the emotional and conversational cues of the client like a book? That’s why we built ChipBrain.

Effective communicators close more deals. Our emotionally intelligent AI assistant supports sales professionals by providing real-time feedback on the emotional response of the client to their messaging, pinpointing key turning points in the conversation when they were particularly effective or ineffective. Over time, our adaptive intelligence platform allows us to deliver tailored recommendations specific to the client, the company, and the representative.

We believe that artificial intelligence can teach people to be more emotionally intelligent, more persuasive, and ultimately more effective in conversation and negotiation. We imagine a world in which our AI can help any human in any company - in any market - sell anything.

Key Deal Facts

Receive real-time emotional analysis and forecasting
Identify key turning points in conversations
Predict the likelihood of success throughout the conversation
Improve soft skills communications training
Easily view customer insights
Get personalized feedback

Use of Proceeds

  • Working Capital
  • Intermediary fees 

Management Team / Advisory Board Bios

Lisa Vo
Founder & CEO
Lisa Vo holds a bachelor’s degree in Computer Science from Harvard University, with software engineering experience from Microsoft and Palantir Technologies. She created and led a new computer science course while at Harvard, co-founded and led engineering at Bluebonnet Data--a national tech nonprofit with over 200 technical volunteers, and brought to market a political tech startup as co-founder and CTO. Lisa is a first-generation immigrant from Vietnam.

Curtis Northcutt
Founder & CTO
Curtis Northcutt was born and raised in a rural area between Lexington and Athens, Kentucky. His father, grandfather, and great-grandfather worked as mailmen and his mother worked minimum-wage jobs. After graduating valedictorian of Vanderbilt's College of Engineering in 2013, Curtis attended MIT, where he created a cheating detection system used by MITx and HarvardX MicroMasters courses and was awarded the MIT Masters Thesis Award (2017). His PhD at MIT (2017-2021) focuses on AI algorithms to augment human intelligence. Curtis invented confident learning and the Python package 'cleanlab' for weak supervision and finding label errors in datasets. He has a decade of experience in AI and industry, including work with research groups at Google, Oculus, Facebook AI Research, Amazon, Microsoft Research, NASA, MIT, and Harvard, as well as prior startup experience as Chief AI Scientist with Knowledge AI.

John Fanning
Founder & Advisor
John Fanning is the former CEO and founding chairman of Napster, with over 30 years of experience leading and investing in top technology companies. He has introduced such internet innovations as client-server gameplay, voice over IP, and auto-upgrading and authentication. He has founded numerous successful ventures, including NetGames and NetMovies.

John Heyer
Machine Learning Engineer
John graduated from MIT with both bachelor's and master's degrees in Computer Science, with a strong concentration in Artificial Intelligence. He has worked on various research projects within MIT's department of Physics; his master's thesis involved using machine learning techniques to infer the characteristics of point source populations in the X-ray sky. John taught the introductory machine learning course at MIT for multiple semesters, and spent the summer of 2020 sharing his passion for AI by teaching high schoolers from around the world as an instructor for the Inspirit AI Scholars program. Additionally, he has spent a significant amount of time in industry within the Amazon Alexa AI organization.

Harry Rein
Software Engineer
Harry Rein is a full stack software engineer who specializes in front end technologies and interaction design. He graduated with a bachelor's in Computer Science from MIT in 2015 and a master's in Computer Science with a focus in Human-Computer Interaction in 2016, also from MIT. He has architected multiple websites and mobile apps from the ground up and helps design and implement the UX for ChipBrain’s consumer facing web and mobile applications.

Harrison Wang
Software Engineer
Harrison was born and raised in the heart of Manhattan in New York City. He attended MIT where he earned a Bachelor’s degree in Computer Science in 2017 and a Master’s degree in Computer Science with a focus on Computer Graphics in 2019. Harrison previously worked as a full-stack engineer at Appboy (now Braze), DoorDash, and Qume, a cryptocurrency exchange. His recent efforts have been primarily centered around the field of computational design and manufacturing, including the development of data-driven algorithms to improve the digital fabrication process and 3D printing.

Kenneth Acquah
Software Engineer
Ken has experience building visualization systems for large datasets at Visa, consumer mobile products at Nasdaq and Google, and causal inference analytics tools at Microsoft Research, IBM Watson, and MIT CSAIL. He graduated from MIT with a B.S. in Computer Science and a B.S. in Mathematical Economics.

Pat Cahill
Sales Advisor
With over thirty years experience in sales and sales training, Pat Cahill is a Managing Director at the MAC Venture Group. His primary focus is training and developing sales teams, implementing appropriate managerial tools to track and monitor progress, and instilling the discipline necessary to create a scalable and successful sales and marketing program. Previously, he was the Senior Vice President of Sales and Marketing at IntelliSpace, where he took the company from startup phase to an annual revenue of $66M. He also led Sales and New Business Development for seven years at Don Aux Associates. Pat holds an MBA from the London School of Economics.

Deal Notes

Price per Share: $0.93

Amount Raised : $4,138
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Security Description

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

Research Reports

No reports have been submitted

Become a Reporter

0 Comments