Mycroft AI on StartEngine 2021

Platform

StartEngine

Start Date

07/27/2021

Close Date

01/18/2022

Min. Goal

$9,999

Max. Goal

$4,999,999

Min. Investment

$500

Security Type

Equity – Preferred

Funding Type

RegCF

Pre-Money Valuation

$38,002,983

Rolling Commitments $

Status

Active

Reporting Date

07/27/2021

Days Remaining

175

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max

Avg. Daily Raise

$0

Momentum

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Location

Kansas CIty, Missouri

Industry

Consumer Products, Goods & Services

Tech Sector

Hardwaretech

Mycroft AI, with a pre-money valuation of $38 million, is raising crowdfunding on StartEngine. The company has developed a privacy-respecting voice assistant platform that includes software, servers, and a marketplace for third-party applications. It has designed, tested, and entered production with its second-generation smart speaker, Mark II. Michael Lewis, Joshua Montgomery, and Kris Adair founded Mycroft AI in February 2016. The current crowdfunding round has a minimum raise of $9,999.40 and a maximum raise of $4,999,999.20, and the funds will be used for the production, sales, and marketing of Mark II. Mycroft AI already has $1 million in pre-orders for the Mark II device and is beta testing with its development kits.

Raise History
Mycroft AI 01/18/2022 StartEngine $38,002,983 $0 Equity – Preferred Active RegCF
Mycroft AI 03/15/2019 StartEngine $19,900,000 $1,056,863 Equity – Common Funded RegCF

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