Software & Services

Axle AI, Inc.

Regulation Crowdfunding campaign information and financial data from SEC filings


Profile

According to their SEC filings, Axle AI, Inc. is a Corporation organized in NY on 07-16-2018. They report having 13.00 employees, and revenue in their most recent fiscal year of $693,038 and $563,953 the prior year.

Description:
Radically simple camera intake cam axle Cam affordably resolves organizational issues caused by multiple file formats, bitrates, file wrappers and folder structures. The software automatically detects, imports and organizes camera media. Users are ...
Website:
https://www.axle.ai
Location:
38 FENWAY
BOSTON, NY 02215

Equity Crowdfunding Campaigns

Active Offering

Axle AI, Inc. is currently raising a target of $25,000 (and up to $1,070,000) of Debt via SeedInvest before a deadline of 12-14-2018.

Intermediary compensation

According to the SEC filings, SeedInvest will be directly compensated as follows for this offering:

"7.5% of the amount raised"

In addition to any direct compensation, Axle AI, Inc. reports that SeedInvest will 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 from SEC filings.

Income Statement Items

Most-Recent Fiscal Year Prior Fiscal Year % Change
Revenue $693,038 $563,953 22.9%
Cost of Goods Sold $131,195 $100,445 30.6%
Taxes Paid $0 $0 N/A
Net Income -$139,734 -$139,271 N/A

Balance Sheet Items

Most-Recent Fiscal Year Prior Fiscal Year % Change
Total Assets $175,613 $113,741 54.4%
Cash & Cash Equivalents $12,476 $13,529 -7.8%
Accounts Receivable $161,359 $100,212 61.0%
Short-Term Debt $707,186 $506,015 39.8%
Long-Term Debt $0 $0 N/A

Complete Reg CF filing activity feed

  • Update Form C/A

    [ Nov-2 ] Axle AI, Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000 (up to a maximum of $1,070,000) of Debt via SeedInvest before a deadline of 12-14-2018. The nature of the amendment was described as follows:

    "Added disclosure relating to 2017 tax return extension."
  • Update Form C/A

    [ Nov-2 ] Axle AI, Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000 (up to a maximum of $1,070,000) of Debt via SeedInvest before a deadline of 12-14-2018. 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."
  • Update Form C/A

    [ Oct-10 ] Axle AI, Inc. filed an amended Form C (Form C/A) regarding their offering to raise a target of $25,000 (up to a maximum of $107,000) of Debt via SeedInvest before a deadline of 12-07-2018. The nature of the amendment was described as follows:

    "Updated maximum offering amount to $107,000."

    Click here to see more details of what was updated.

  • New Offering Form C

    [ Oct-10 ] Axle AI, Inc. filed SEC Form C to raise a target amount of $25,000 (up to a maximum of $1,070,000) of Debt via SeedInvest before a deadline of 12-07-2018.

    Description:

    "Radically simple camera intake cam axle Cam affordably resolves organizational issues caused by multiple file formats, bitrates, file wrappers and folder structures. The software automatically detects, imports and organizes camera media. Users are ..."