axle ai

Radically simple video search softwareIndustry ChallengeAlthough the use of video content is growing consistently (it already consumes over 70% of Internet bandwidth and 4.5% of storage hardware purchased worldwide), the tools for tagging, searching, and managing it are complex, expensive and not widely deployed.Today, there are many video teams worldwide, shooting and editing growing amounts of video in a variety of contexts. As video becomes more important, especially for social media, we expect this market to continue expanding. We believe as many as 10% of these teams will need an efficient way to tag, catalog, and manage their content. In addition, new cameras are released continuously, which tend to feature formats such as 4K, 6K, and 8K which take up increasing amounts of storage.What is axle ai?We provide what we believe are the best solutions to the challenges of the fast-growing scale in media creation. Our core software, axle ai 2018, is being deployed by a wide range of customers who create and manage video. Its artificial intelligence capabilities allow a high degree of video tagging without corresponding amounts of human labor.  Our recently-acquired axle ai connectr software is a visual programming tool aimed at making it easy to build custom workflows, not only around our own products but potentially those of a wide range of tools in the industry.  We are a 17-person company, based in Boston and with team members based in the UK and Eastern Europe.  More than anything, we believe we are ideally positioned to grow with the continuous expansion of our market space over the coming years.

$5,000 | the above plus a permanent license of the Mac version of axle ai connectr™ for up to 2 CPU cores
$10,000 | the above plus a permanent license of the Mac version of axle ai connectr™ for 2 additional cores (4 cores total).
$25,000 | the above plus a 30 minute scheduled strategy call with the CEO
$50,000 | the above plus a one hour in-person meeting (travel costs not included) or extended call

axle ai has sold its software to over 500 customers worldwide including Bleacher Report, Madison Square Garden, NBC Universal, Paramount Studios, Elevation Church, Reebok, REI, and Warner Bros
Storage purchased for the media market is expected to grow from $4.5 billion in 2017, to $8.5 billion in 2023.
The CEO spent 5 years managing products at industry leader Avid, where he helped grow multiple product lines.
We have been selected to be part of the Quake Capital Startup Accelerator's Fall 2018 Cohort and have received investment from Quake.

• If the Company raises the Target Amount, it will use 44.50% of the proceeds, or $11,125, towards offeringexpenses;
• If the Company raises the Closing Amount, it will use 16.14% of the proceeds, or $17,275, towardsoffering expenses; and
• If the Company raises the Maximum Amount, it will use 16.14% of the proceeds, or $17,275, towardsoffering expenses

Round type: Seed Round size: US $1,500,000 Minimum investment: US $1,000 Target Minimum: US $200,000 Maximum Raise Amount: US $1,500,000 Security Type: Crowd Note Conversion discount: 20.0% Valuation Cap: US $6,500,000 Interest rate: 6.0% Note term: 24 months Closing conditions: While axle ai has set an overall target minimum of US $200,000 for the round, axle ai must raise at least US $25,000 of that amount through the Regulation CF portion of their raise before being able to conduct a close on any investments below $20,000. For further information please refer to axle ai's Form C. Regulation CF cap: While axle ai is offering up to US $1,500,000 worth of securities in its Seed, only up to US $107,000 of that amount may be raised through Regulation CF. Transfer restrictions: Securities issued through Regulation CF have a one year restriction on transfer from the date of purchase (except to certain qualified parties as specified under Section 4(a)(6) of the Securities Act of 1933), after which they become freely transferable. While securities issued through Regulation D are similarly considered "restricted securities" and investors must hold their securities indefinitely unless they are registered with the SEC and qualified by state authorities, or an exemption from such registration and qualification requirements is available.