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Security Type
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Preferred Stock
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Categories
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Technology, Retail, Marketing & Advertising
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Min Investment
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$100
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Offering Date
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July 30, 2021
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Expected Close Date
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April 30, 2022
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Target Raise
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$50.00K-$1,000.00K
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Security Price
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$1.27
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Valuation
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$8,000,000
- Number of Employees
- 4
- Cash
- $58,483
- Revenue
- $34,275
- Short Term Debt
- $10,456
- Cost of Goods
- $11,122
- Long Term Debt
- $358,128
- Net Income
- $-403,121
Company Description
MOD is smart processing for imagery data—enabling companies to make their visual content faster and more affordably than ever before.
Key Deal Facts
An all-in-one automated platform using AI to supercharge the $175B 3D Technology market
$750k in VC Investment
350k assets created using MOD
8K Downloads of 3D capture app on iOS and Android
1600+ Daily Active Users
No-code cloud based AI speeds up delivery by up to 99%: less downtime, fewer technical staff.
Previous work: Sony, Gameloft, GameHouse, XR Studio, Two Bit Circus, KPMG, Quantum Rehab
Partnerships include Intel, NVIDIA, Autodesk, SideFX, Agiosoft, AWS, IO Industries
Use of Proceeds
- ($50,001) 6.5%: Wefunder Fees 40%: salaries, expenses daily to day ops, Marketing 23.5%: Website, PR, Ad spend, Conferences + Travel, Sales Hires 20%: SDRs, Director 10%: Patent
- ($999,999) 6.5% for Wefunder Fees 33%: salaries, expenses daily to day ops 20.5%: Marketing through ad spend, Conferences + Travel, Website , Sales Hires 10%: SDRs, Director, BD, Engineers 28%: Python Developer, Machine Learning Developer 2%: Patent
Management Team / Advisory Board Bios
Alexandria Porter, CEO & Co- Founder
Previously CEO & Founder @Underminer Studios; BS in Interior Design and Construction Technology: Intel Top Innovator since 2017, NVIDIA Inception Member, Forbes Next 1000, Woman's Way Rising Star 2021, CTA Chair.
Timothy Porter, CTO & Co-Founder
Previously Tech Artist @GameLoft, @Gamehouse, @Two Bit Circus; Pipeline Technical Director @Sony; Previous CTO & Founder @Underminer Studios; BS Computer Animation @Full Sail University; Intel Top Innovator; NVIDIA Inception Member; CTA Chair.
Dakota Lyons
BS @ Missouri University of Science and Technology: Computer Engineering and Computer Science. Developer @ U.S. Geological Survey (USGS) Sep 2019 – Aug 2020: Full Stack Developer