Axle AI, Inc.

Axle AI, Inc. logo via Clearbit

Profile

According to their SEC filings, Axle AI, Inc. is a Corporation organized in NY on 07-16-2018. They report having 13 employee(s), and revenue in their most-recent fiscal year of $693,038.00 and $563,953.00 the prior year.

Location

38 FENWAY

BOSTON, NY 02215

Equity Crowdfunding Campaigns

Reg CF Offering from Axle AI, Inc. (Previous)

Campaign Details

According to their SEC filings, Axle AI, Inc. previously ran a Regulation Crowdfunding campaign to raise $25,000.00 (up to a maximum of $1,070,000.00) in Debt via SI SECURITIES, LLC (SeedInvest) before a deadline of 12-14-2018.

As compensation for managing the offering, SI SECURITIES, LLC (SeedInvest) reported being compensated as follows:

7.5% of the amount raised

In addition to any direct compensation, Axle AI, Inc. reported that SI SECURITIES, LLC (SeedInvest) would also receive the following financial interest in the offering:

SI Securities will receive equity compensation equal to 5% of the number of securities sold.

More information about this issuer may also be available via Crowditz.com, including information about weekly and aggregate investor commitments.

Financial Information

The following information is taken directly from SEC filings.

Income Statement Items

Most Recent Fiscal Year Prior Fiscal Year
Revenue $693,038.00 $563,953.00
Cost of Goods Sold $131,195.00 $100,445.00
Taxes Paid $0.00 $0.00
Net Income $-139,734.00 $-139,271.00

Balance Sheet Items

Most Recent Fiscal Year Prior Fiscal Year
Total Assets $0.00 $0.00
Cash and Cash Equivalents $12,476.00 $13,529.00
Accounts Receivable $161,359.00 $100,212.00
Short-term Debt $707,186.00 $506,015.00
Long-term Debt $0.00 $0.00

Complete Reg CF filings list for Axle AI, Inc.

  • [2018-11-02T16:56:51+00:00] Axle AI, Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000.00 via SI SECURITIES, LLC (SeedInvest). The nature of the amendment was described as follows:

    Added disclosure relating to 2017 tax return extension.

    File number: 020-24773

  • [2018-11-02T16:08:11+00:00] Axle AI, Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000.00 via SI SECURITIES, LLC (SeedInvest). The nature of the amendment was described as follows:

    Updated maximum offering amount to $1,070,000. Added Reviewed Financials. Updated deadline to 12/14/2018.

    File number: 020-24773

  • [2018-10-10T10:36:13+00:00] Axle AI, Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000.00 via SI SECURITIES, LLC (SeedInvest). The nature of the amendment was described as follows:

    Updated maximum offering amount to $107,000.

    File number: 020-24773

  • New Filing Form C

    [2018-10-10T09:55:12+00:00] Axle AI, Inc. filed a Form C to raise a target amount of $25,000.00 (up to a maximum of $1,070,000.00) of Debt via SI SECURITIES, LLC (SeedInvest).

    File number: 020-24773