The Commerce.AI offering is now closed and is no longer accepting investments.

Commerce.AI

Artificial intelligence to power next generation commerce

Commerce.AI

Artificial intelligence to power next generation commerce

Sunnyvale, CA
Business to Business
Data/Analytics
Commerce.AI is an AI-powered system that sees, reads, and listens to the world’s product information with Deep Product Learning technology. This technology helps retailers and brands understand what customers are saying about products at the granular feature level. When the AI starts to understand which product features work well, it can empower humans to do what we are best at: build great products and sell with confidence!

$1,060,195

raised
1,995
Investors
$26M
Valuation
$2.00
Price per Share
$300.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left

$1,060,195

raised
1,995
Investors
$26M
Valuation
$2.00
Price per Share
$300.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$1.07M
Offering Max
0
Days Left
This offering ended on June 16, 2020 and is no longer accepting investments.

Bonus Rewards

Get rewarded for investing more into Commerce.AI

$300+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$600+
Investment
Investor Merch
Invest $600+ and we’ll send you with a Commerce.AI sweatshirt only available to our StartEngine investor community
$1,800+
Investment
Viewing Access
Invest $1,800+ and get access to the company’s quarterly overview and quarterly investor video conference plus get the Investor Merch reward
$5,400+
Investment
Group Access
Invest $5,400+ and get access to an intimate call between a limited number of investors and our founding team plus get the Viewing Access reward

Reasons to Invest

Founder sold his previous startup to Flipkart group, and Flipkart was then sold to Walmart for $16B. Proven team with Stanford, MIT Ph.Ds.
Paying customers include Walmart, Coca-Cola, Unilever, Chanel, Rakuten, Midea, Netgear, USPS, Cisco, and more.
$40B business intelligence market growing at CAGR of 26.98%

“We help brands identify the market needs before investing heavily in a product.”

Over 80% of consumer products are destined for failure

Each year more than 30,000 consumer products are introduced into the market. They get added to billions of existing products. This leads to a failure rate of 80% — it’s harder than ever to break through the noise.


Based on our observation, R & D for new consumer products is expensive and time consuming, so many brands and retailers cannot afford to rely simply on the luck of the draw when it comes to the success of their products. Our research shows that there’s simply no sophisticated option for companies to understand the unstructured data which contains thoughts and opinions of consumers at scale.

AI can bridge the information gap 

Commerce.AI harnesses the power of AI and Big Data to give brands and corporations the ability to see what works and what doesn’t. It uses Deep Product Learning technology to see, read and listen to the world’s product information.

E-Commerce sales are surging

As the bulk of retail transactions continue to migrate to online channels, the opportunity for corporations to gain an edge in the digital marketplace is ballooning. 


By 2023 the global E-Commerce market will be worth $6.5 T.


In an IDC study it was found that 90 percent of the data in any organization is unstructured (text, voice, images, video), and we believe it is a gold mine for corporations with the capability to parse through this data.

We’ve already landed multiple multinational partners

Walmart was our first customer in 2016, and since then we’ve raised a seed round that ended up 7X our escrow target, expanded our core team, and invested in increased sales activity.


Today we’ve launched sales partnerships with large paying customers such as Cisco, Coca-Cola, Unilever, Chanel, Netgear, Midea, USPS, SC Johnson, and more. We also have over 50+ brands in the pipeline.


Our platform is multilingual which is aiding us as we look to target international markets to continue our growth trajectory.

We build SaaS and API products for brands and retailers 

Our self-serve platform leverages private and public data to yield highly specialized and tailored results for our enterprising customers. Simply put: We build the software so that our customers can build the best consumer products for their market.

We tap into unstructured data

By making sense of the gobs of unstructured data floating around the digital environment we are able to provide our customers with unprecedented advantage. We have filed multiple patents on our technology and have processed over 22 million data points across 54 categories, 5,232 brands in 9 languages so far.


In internal testing we outperform Google AI in functionality.

We’re a team of serial entrepreneurs and AI experts

Our founder/CEO's previous startup Fitiquette was acquired by Flipkart group (Myntra). Flipkart group was later acquired by Walmart for $16B. Back in 2016 Andy used his understanding of how vital the implementation of AI could be in this space, and he pitched Commerce.AI to Walmart.


After signing a successful deal with Walmart, Andy was joined by a proven team of AI experts with Ph.D.’s from Stanford and M.I.T.


This team has worked together before and is determined to make AI work for humans.

Proven team, major customers and strong revenue growth

We already have major customers who have used our product and chosen us over our competitors. Our team is experienced and driven, and our revenue is poised to expand over the next few years as we continue to take chunks out of the $40B market.

In the Press

Featured silicon valley AI startup
October 31, 2019

how can this Silicon Valley AI startup help your business stay ahead of disruption?

How Commerce.AI is Changing the Way Products Are Created
October 25, 2019

AI-driven commerce is the future. AI knows what products we want and why we like them. Now it’s creating these products for us.

Commerce.AI article in Dutch news
November 11, 2019

Veel ondernemers doen wel zaken met klanten maar weten amper wie hun klanten zijn. Losse transacties worden niet geanalyseerd en dan ontbreekt er een helder inzicht over de wensen en nukken van de klantenkring. Als de informatie al verzameld is, dan zit hij vaak in diverse en ontoegangkelijk datalak

Crowdfunding Your Startup
August 1, 2019

The jobs act promised small individual investors the ability to invest in the next Google. It also pledged founders an alternative route to raising money. Why should only the already rich get the benefits of investing in the next Google or Amazon?

Top 10 AI startups
December 28, 2018

Offering Summary


Company

:

Tall Idea Labs, Inc.

Corporate Address

:

440 N Wolfe Rd, Sunnyvale, CA 94085

Offering Minimum

:

$10,000.00

Offering Maximum

:

$1,070,000.00

Minimum Investment Amount

(per investor)

:

$300.00











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

5,000

Maximum Number of Shares Offered

:

535,000

Price per Share

:

$2.00

Pre-Money Valuation

:

$25,982,318.00











*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Voting Proxy. Each Subscriber shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Subscriber’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Subscriber, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Subscriber pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Subscriber is an individual, will survive the death, incompetency and disability of the Subscriber and, so long as the Subscriber is an entity, will survive the merger or reorganization of the Subscriber or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.


Time-Based Perks:

Super Early Bird

Invest within the first 48 hours and receive 10% bonus shares

Early Bird

Invest within the first 7 days and receive 5% bonus shares

 

Amount Based Perks*:

Investor Merch ($600+)

Invest $600+ and we’ll send you with a Commerce.AI sweatshirt only available to our StartEngine investor community 

Viewing Access ($1800+)

Invest $1,800+ and get access to the company’s quarterly overview and quarterly investor video conference plus get the Investor Merch reward

Group Access ($5,400+)

Invest $5,400+ and get access to an intimate call between a limited number of investors and our founding team plus get the Viewing Access reward

will offer 10% additional bonus shares for all investments that are committed by StartEngine Crowdfunding Inc. shareholders who invested over $1,000 or made at least two investments in StartEngine's own offerings.

*All perks occur when the offering is completed.


The 10% Bonus for StartEngine Shareholders

Tall Idea Labs, Inc. (DBA Commerce.AI) will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common at $2/ share, you will receive 110 common stock shares, meaning you'll own 110 shares for $200. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are cancelled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Irregular Use of Proceeds

The Company will not incur any irregular use of proceeds.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$2,115,218.00 USD
$882,904.00 USD
Cash And Cash Equivalents
$1,129,232.00 USD
$204,386.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$800.00 USD
$800.00 USD
Long Term Debt
$71,942.00 USD
$71,942.00 USD
Revenues And Sales
$874,980.00 USD
$356,000.00 USD
Costs Of Goods Sold
$146,050.00 USD
$137,318.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$136,077.00 USD
-$262,770.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Notice of Funds Disbursement

5 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Commerce.AI has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Commerce.AI be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Funds Disbursement

6 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Commerce.AI has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Commerce.AI be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Material Change in Offering

6 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Commerce.AI offering. Here's an excerpt describing the specifics of the change:


Commerce.AI provided updated financials and extended their campaign.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

$800K Milestone!

6 months ago

We are seeing awesome momentum, now reaching $800K milestone. Sincere thanks to all the investors. More exciting updates coming soon!

Notice of Funds Disbursement

6 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Commerce.AI has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Commerce.AI be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Commerce.AI joins ANSI/CTA standards committee for AI in Healthcare

6 months ago

In light of the current events, healthcare technology needs automation and AI more than ever before. Working with a select group of companies (including Google, Microsoft & IBM), the Consumer Technology Association & ANSI are developing a set of AI standards in healthcare to create a framework that would, in part, build clinician trust in AI products. Last week, Commerce.AI was invited to join this committee because of its leadership in AI for product innovation. We are looking forward to contributing to the advancements in AI for healthcare.

Commerce.AI on MarketWatch!

7 months ago

Notice of Funds Disbursement

8 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Commerce.AI has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Commerce.AI be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Featured in FORBES article!

8 months ago

Notice of Material Change in Offering

8 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Commerce.AI offering. Here's an excerpt describing the specifics of the change:


Extended length of campaign.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

ZDNet features Commerce.AI for CES 2020

8 months ago

Notice of Funds Disbursement

8 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Commerce.AI has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Commerce.AI be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Commerce.AI got featured!

9 months ago

We got featured in industry news!

Notice of Funds Disbursement

9 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Commerce.AI has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Commerce.AI be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Commerce.AI CEO on podcast talking about AI, science and technology and it's impact on society!

9 months ago

Commerce.AI CEO interviewed on We Wonder podcast about AI, science, technology and crowdfunding. In the second half of this podcast, Jason and Andy discuss the nature of consciousness and AI, genetic engineering, cold fusion and much more in this fun conversation. 

Apple Podcast

Google Podcast

Commerce.AI secures Suzuki as paying customer!

9 months ago

Suzuki, one of the world's largest automobile companies, signed on as a paying customer with Commerce.AI to use the company's data points and dashboards for product intelligence. Established in 1909, Suzuki manufactures automobiles, four-wheel drive vehicles, motorcycles, all-terrain vehicles (ATVs), outboard marine engines and a variety of other products across 192 countries. 


CEO Andy Pandharikar says this update is attributed to Commerce.AI’s ability to demonstrate leadership in the fast growing AI market and prove repeatable and successful use cases for consumer product brands worldwide.


Notice of Funds Disbursement

9 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Commerce.AI has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Commerce.AI be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Material Change in Offering

10 months ago

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Commerce.AI offering. Here's an excerpt describing the specifics of the change:


Commerce.AI has increased their max funding goal and provided updated financials with an independent CPA review.


When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.

Show More Updates End of Updates

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