DoorBox Corporation

Integrated AI, ML and IoT to secure deliveries automatically, stop porch piracy!

Security Type: CAFES
Categories: Retail, Technology, Software, Logistics, Ecommerce, Social Impact, AI, Hardward and Software, Internet Of Things, Deep Technology, Artifical Intelligence, Supply Chain Technology, Secure, Machine Learning, Android, B2B2C, Mobileapp, B2B, Hardware, B2C
Min Investment: $100
Location: Reno, NV
Expected Close Date: April 30, 2023
Target Raise: $50.00K-$1.07M
No. Investors: 69
Security Price: $1
Website: doorbox.ai

Number of Employees: 3
Cash: $87,731
Revenue: $83,929
Short Term Debt: $0
Cost of Goods: $104,435
Long Term Debt: $416,173
Net Income: $115,852

Company Description

📦Machine learning based package detection system
🔒🔓Artificial Intelligence and Internet of things based automatic Locking and Unlocking
📸Twin cameras, sensors provide 24/7 security
💰$1.6 Trillion Pharmaceutical, Online ecommerce and Smart Home market
🥇Approaching successful deliveries of 1 Million packages in its maiden version.
📝✔12 GRANTED utility patents covering 4 Billion people.
👍 Massive demand in USA, UK, Japan and other patented countries. 100+ 5 star reviews
🚀Highly successful management team with 3 successful prior exits.

Management Team / Advisory Board Bios

Kumar Sundaresan Founder and CEOA serial entrepreneur with experience starting multiple companies and running everyone of them profitably with millions of dollars in revenue. DoorBox.ai is the latest venture that will revolutionize Ecommerce and Smart Home Industries., Gayatri Kumar Sundaresan Chief Technology OfficerAn experienced Software Architect in Software Design and Development. Worked with many blue chip companies such as ORACLE and IBM Corporations. As an avid android programmer, developed several mobile apps in Google Play Store., Chandra Shekhar Chief Financial Officer and TreasurerA Seasoned Corporate Finance Executive And Accounting Professional With Over 30 Years Of Experience. Key Expertise Include: Strategic Business Development & Planning, Performance Management, Financial Analysis & Management Reporting., Nikhil K. Sundaresan Vice President, Strategic RelationshipsNikhil has strong skills in creating win-win strategies and heads our advertisement, business development initiatives. He manages our supplier relationships as well., R Sashidharan Chief Operations Officer (COO)Sashi has over 16 years of experience and has significant experience in running and heading operations for many large companies including IBM prior to joining DoorBox., Vinoth Kumar Operations ManagerVinoth has significant experience in procurement, and coordinating and managing several supply-chain related matters., Kathirvel P Chief DesignerA designer with vast experience of designing, developing and implementing cutting edge products that has won world-wide recognition for design and functionality.

Amount Raised : $98,261

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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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