Edify.ai, Inc

CIK: 1809210DEIncorporated: 2018-05-31

Current Offering

$200,000
Target Amount
$1,070,000
Maximum Amount
2021-03-04
Deadline

Security Details

Type: Convertible Note
Price per share: $1.00
Shares offered: 200,000+

Offering Costs

Cash commission: 8%
7.5% of the offering amount upon a successful fundraise, and be entitled to reimbursement for out-of-pocket third party expenses it pays or incurs on behalf of the Issuer in connection with the offering.
Equity compensation: 0%
No

Financial Reports

Offering via Wefunder

Offering History

As of 2020-11-09
Raising $200,000 -$1,070,000 via 200,000+ shares of convertible Note at $1.00 per share
Deadline: 2021-03-04
As of 2021-06-15
Raising $25,000 -$3,000,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2021-10-31
Filing date2020-11-092021-06-15
Current employees93
Act received most recent fiscal year$0.00$27,300
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$24,141$57,724
Cash equi prior fiscal year$13,163$24,141
Cost goods sold most recent fiscal year$0.00$421,203
Cost goods sold prior fiscal year$0.00$399,999
Long term debt most recent fiscal year$270,300$745,300
Long term debt prior fiscal year$125,000$270,300
Net income most recent fiscal year-$288,705.00-$29,738.00
Net income prior fiscal year-$168,919.00-$288,705.00
Revenue most recent fiscal year$120,000$445,759
Revenue prior fiscal year$2,500$120,000
Short term debt most recent fiscal year$742,257$1,008,729
Short term debt prior fiscal year$154,459$742,257
Tax paid most recent fiscal year$659.00$0.00
Tax paid prior fiscal year$0.00$0.00
Total asset most recent fiscal year$555,556$1,277,291
Total asset prior fiscal year$111,163$555,556

Financial Reports

Offering History

As of 2020-11-09
Raising $200,000 -$1,070,000 via 200,000+ shares of convertible Note at $1.00 per share
Deadline: 2021-03-04
As of 2021-06-15
Raising $25,000 -$3,000,000 via 25,000+ shares of crowd SAFE (Simple Agreement for Future Equity) at $1.00 per share
Deadline: 2021-10-31
Filing date2020-11-092021-06-15
Current employees93
Act received most recent fiscal year$0.00$27,300
Act received prior fiscal year$0.00$0.00
Cash equi most recent fiscal year$24,141$57,724
Cash equi prior fiscal year$13,163$24,141
Cost goods sold most recent fiscal year$0.00$421,203
Cost goods sold prior fiscal year$0.00$399,999
Long term debt most recent fiscal year$270,300$745,300
Long term debt prior fiscal year$125,000$270,300
Net income most recent fiscal year-$288,705.00-$29,738.00
Net income prior fiscal year-$168,919.00-$288,705.00
Revenue most recent fiscal year$120,000$445,759
Revenue prior fiscal year$2,500$120,000
Short term debt most recent fiscal year$742,257$1,008,729
Short term debt prior fiscal year$154,459$742,257
Tax paid most recent fiscal year$659.00$0.00
Tax paid prior fiscal year$0.00$0.00
Total asset most recent fiscal year$555,556$1,277,291
Total asset prior fiscal year$111,163$555,556

Company Information

Corporation
DE
2018-05-31

Latest Metrics

Employees9
Total Assets$555,556
Cash on Hand$24,141
Revenues$120,000
Net Income-$288,705.00

Crowdfunding Portals

This company is raising funds through this portal