Novella AI

The Future of Video Editing

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Security Type
CAFES
Categories
Technology, Other, Retail, Film & Video
Min Investment
$100
Location
Ventura, CA
Expected Close Date
April 30, 2025
Target Raise
$50.00K-$350.00K
No. Investors
183
Security Price
$1
Website
novella-ai.com
Number of Employees
3
Cash
$3,178
Revenue
$0
Short Term Debt
$11,427
Cost of Goods
$0
Long Term Debt
$42,355
Net Income
$-44,874

Key Deal Facts

Cutting edge video editing app by Hollywood & Tech pros with 30+ yrs experience.
Guided by Michael Phillips, AVID Media Composer co-inventor and Oscar of tech laureate.
Elite team that’s worked with Apple, Adobe & Google developing our advanced & intuitive editing app.
Pre-launch, bootstrapped initiative by a top-tier team with a clean cap table.
Surveyed Industry Pros & UCG editors have extremely high interest in what we are doing.

Management Team / Advisory Board Bios

Gasper ChiaramonteFounder15+ years Hollywood level editor for American Idol, Masked Singer, Chelsea Lately, The Late Late Show, Leah Remini's Emmy Award Winning Scientology Series & More, Michael Morello Founder8+ years Hollywood level assistant editor for FOX, Pilgrim Media, Lighthearted Ent, ITV & More. 10 years operations management for Webster Hall Entertainment, Avant Gardner & More, Averee Chang Founder10+ years experience in product development / software product development. Previous experience in engineering at NuVasive & Illumina; product development & commercialization efforts for Alphabet, Apple, Align Technology, and GE Health
Amount Raised : $356,659
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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