Avawatz

Trusted AI Robotics: Transforming Safety Across High-Risk and Tedious Tasks

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Min Investment
$2,500
Location
DALLAS, TX
Offering Date
May 02, 2024
Expected Close Date
June 04, 2024
Target Raise
$15.00K-$1.00M
No. Investors
29
Security Price
$4
Valuation
$80,850,000
Website
avawatz.com
Number of Employees
19
Cash
$491,085
Revenue
$0
Short Term Debt
$192,969
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-863,206

Company Description

OpenDeal Broker LLC charges you a two percent (2%) administrative fee on the gross principal transaction with a minimum fee of $5 and a maximum of $300. The fee is added to the total amount of your investment at checkout.

Perks

Invest
$20,000
Receive
5% Additional Bonus Share

Invest
$50,000
Receive
10% Additional Bonus Shares

Invest
$100,000
Receive
15% Additional Bonus Shares

Invest
$250,000
Receive
25% Additional Bonus Shares

Key Deal Facts

$4.5M+ funding raised, including $2.3M+ R&D funding from US Defense
The US Air Force and Army are using our technology
Beta launch of GENIE: Key to Precision & Efficiency in AI/ML Model Training
Q2 '24 FALCON: Trustworthy AI and ML for Robot Teams
The current Sales Pipeline is over $16M
The AI market is predicted to reach $1.07Trillion by 2027
The global Robotic market is predicted to reach $141B by 2027

Management Team / Advisory Board Bios

Rajini Anachi
Founder
2x founder, previously founded CyGlass, which was acquired by Nominet in 2020. Focused on bringing tremendous value to AvaWatz customers, employees, and investors.

Bala Jana
Co-Founder, Board Member
Investor and early team member at several start-ups acquired by Fortune 500 companies. Leading product innovation, commercialization, and product-market fit.

JR May
Business Development & Sales
Proven expertise in DoD and commercial sales. Brings an extensive network of connections for direct sales, partnerships, and rapidly scaling for growth. Previously led business development at mZeal/Cyglass (acquired by Nominet in 2020)

Rishabh Iyer
AI Researcher
Dr. Rishabh Iyer, an Asst. Professor at the University of Texas, Dallas. Dr. Iyer specializes in efficient machine learning (ML) and advance combinatorial optimization and information theory. He has won several awards and fellowships over the years.

John McKendry
Product Development
John McKendry has a strong background in real-time control systems, artificial intelligence for multi-sensor analysis, robotic network engineering and autonomous edge computing. Was instrumental in architecting the cognitive engine at mZeal/Cyglass.

Ajay Jain
Operations Manager
Has over two decades of experience in IT consulting operations and five years as a corporate secretary in investment banking. Expertise in relationship management, talent acquisition, process optimization, legal compliance, and digital marketing.

Walter Rawle
Sensors, AI & Autonomous Systems SME
Dr. Walter Rawle has experience across a wide spectrum of domains including, multiple sensor physics, robotic hardware interfaces, advanced combinatorial machine learning, stochastic analysis, position-navigation-timing for GPS-denied.

Neil Wadhwani
Sales & Marketing Advisor
Neal has 25+ years of experience in Sales and Marketing in Fortune 500 companies. Over the course of his career, his focus has been Technology Sales, Presales, ITOps, Digital Marketing, and executive leadership experience with high-growth startups.
Amount Raised : $429,384
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