Artificial Intelligence as a Service (AIaaS)

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Security Type
Common Stock
Min Investment
Huntington Beach, CA
Offering Date
February 10, 2021
Expected Close Date
April 28, 2023
Target Raise
Security Price
Deal Notes

Price per Share: $10.40

Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Company Description

The Artificial Intelligence Economic Development Corporation (AIEDC) is a 5G - Cloud Mobile App Maker and Service Provider with Machine Learning to help small and midsize businesses create their own (IOS & Android) mobile apps with no-code or low-code so they can engage and service their customer base, as well as provide front & back office digitization services for SMB’s.

Key Deal Facts

Stanford University Educated Entrepreneur, as Founder and CEO
Chief Technical Officer (CTO), and Chief Software Officer (CSO), are leading Scientists in the field of Artificial Intelligence Research, as well as Applied Computer Science and Software Development.
Board Members consist of the former program Director of NASA, as well as the Machine Learning Technical Lead at Amazon Web Services (AWS).
Advisory Board Member is the Artificial General Intelligence (AGI) Laboratory Chief Scientist, as well as, the A.I. Senior Software Architect for the Boston Consulting Group (BCG)
The Company has (3) Trade / Service Marks relating to Machine Intelligence /A.I. in the area of --- Financial Consultancy; Financial Information; Financial Management; Financial Research; and Financial Valuations.
(USPTO) Serial Numbers: (87388589), (87390367), (87388841)
The Company also has a Multiyear Partnership Agreement with Lodz University of Technology - a Leading University in the field of Artificial Intelligence and Robotics.
Gartner Predicts by 2023, over 50% of Medium to Large Businesses will have adopted a Low-Code / No-Code Application.
The 5G Network Platform will generate around ($31) Trillion Dollars in Revenue by the year 2030, in total revenue for the Global 5G Eco System.
The market for AI services is estimated to reach $5.5 trillion by 2027.

Use of Proceeds

  • Cloud Computing and Data Hosting 
  • SG&A
  • Management Compensation
  • Outsourced Development Compensation
  • Intermediary fees

Management Team / Advisory Board Bios

Leonard S. Johnson “LS”
Leonard is the CEO of the Artificial Intelligence Economic Development Corporation, a “Stanford University Educated Entrepreneur”; and a member of the National Diversity Coalition (NDC) -- additionally, he has been the former CEO of several Startups, as well as ‐ an Author (2011), and conducting Senior Stock Loans for corporate executives. He has also been a member of several other prominent organizations including some of the following: The Association for the Advancement of Artificial Intelligence (AAAI), The Internet Society, The Royal Institute of International Affairs (RIIA), Forbes CEO Network, and Citizens for Global Solutions. After completing Stanford's Post-Graduate SDRM Program, under the School of Engineering which focused on Decision and Probability Theory, as well as being part of the distinguishable low 17% graduation rate. He is now pursuing a Ph.D. Degree in Artificial Intelligence, where his work is focused on building a “Universal Artificial Intelligence” --- M.I.N.D ® Machine Intelligence NeuralNetwork Database with Sequential Decisions Based on Algorithmic Probability and the Markov Decision Processes (MDP) in A.I. --- centered around "IDEAS" in Economics, to take the process from Ideation to Monetization, (Endogenous Growth Theory), as well as to set Policy and Value Iteration.

Dr. Andrzej Romanowski Ph.D., D.Sc.
Andrzej is also the Vice Dean and Assistant Professor at the Institute of Applied Computer Science at Lodz University of Technology (TUL). His Ph.D. thesis was related to statistical algorithms for inverse problem solving in electrical process tomography measurement systems. His DSc (habilitation) was related to contextual data processing and crowdsourcing methods for industrial processes monitored with tomography systems. Andrzej’s current research focuses on combining data together with users and their needs. He is looking for progress in applications where data processing has not been fully automatized yet. He investigates how to couple human and computer intelligence in order to achieve improved outcomes. Additionally, as a practice-oriented academic with industry experience, he is primarily interested in stimulating user development through interactive systems. His goal is to establish coherent practices that use Human Computer Interaction (HCI) in everyday life, industrial and professional contexts to create knowledge and innovation. Andrew has served for several years as Chapter President and Officer for Polish Information Processing Society Chapter, ACM Lodz Chapter, and SIGCHI Poland Chapter.

Dr. Radosław Adamus Ph.D.
Radoslaw is also the Assistant Professor at the Institute of Applied Computer Science at Lodz University of Technology (TUL). Radosław received his Ph.D. in Computer Science from the Institute of Computer Science Polish Academy of Science in 2005. He is a passionate teacher and researcher in the field of software engineering with particular emphasis on distributed system design, software architecture, clean code and testing. During his career he participated in many scientific projects in different roles. In addition to academic activity, he is also involved with professional software development in several different roles -- such as; Developer, Analysts, Architect. The experience he has gained is used in teaching his students. The result is the quality and confirmation for "Software testing methods" courses conducted for Computer Science students at the Faculty of Electrical, Electronic, Computer and Control Engineering, at the Lodz University of Technology.

Deal Notes

Price per Share: $10.40

Amount Raised : $147,441
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Security Description

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