INVEST IN DAXBOT TODAY!
Delivering Great Robotic Experiences
$429,102.01 Raised
REASONS TO INVEST
New Operating System: Dax operates on DaxOS, a patented new kind of operating system for robots that allows them to fluidly prioritize and complete tasks in uncontrolled environments. In all Daxbot already holds 5 fully filed US patents.
Growing Market: Our first AI service robot is optimized for food delivery, a market segment that is projected to grow by 6X from 2020 ($42B) to 2027 ($259B). We’re using autonomy to pave a way to keep delivery costs low and allow this market to expand into new industries while providing stable, long-term jobs. Dax went into production in 2021 and is already in use working for our Oregon delivery partners.
Experienced Team: Daxbot was founded by Joseph and Kevin Sullivan, who have started several successful companies including Active911, which is now used by over 40% of emergency services personnel in the United States alone. Daxbot’s founding team has 100+ years of combined experience in electronics, software engineering, communications, and robotics.
Overview
Who is Dax?
Dax is an AI Service Robot that was designed to help people with their daily lives, starting with delivery. We want to see interactive AI robots like Dax in every town across America.
We have designed Dax to be both functional and personable.
Delivery Problem
Last Mile Delivery is the most expensive component of the supply chain
- The US Labor Force Participation Rate is anticipated to fall further through 2030
- Global food delivery alone is projected to grow by 6X, from $42.7B in 2020 to $259.7B in 2027 (29.4% CAGR)
With this high and ever-increasing demand coupled with expanding labor shortages; the need for multiplying human effort through robotic delivery has come to the forefront.
Our Solution
Autonomy: Dax POV
Dax robots are overseen by quality control operators: The more autonomously Dax can operate the higher the bot to operator ratio can go. We’re working to achieve 10:1 autonomy by the end of 2022
In the GIF above you can see autonomous driving from Dax's POV: the arrows indicate the status of the path that Dax is driving, with yellow meaning “caution required" and the green meaning "safe".
*AVG 30 MIN/DELIVERY | $16.51/hr Delivery Driver Wage
**BASED ON 10:1 AUTONOMY | AVG 45 MIN/DELIVERY | $16.51/HR OPERATOR WAGE
Dax Delivery Capabilities
Business Model
We have engaged with clients through two initial revenue streams:
Robot as a Service (RaaS) Subscription
Businesses rent our delivery service from us at an average of $2,000 a month per robot.
Event Marketing
Marketing and event agencies can have Dax be part of their client experience for $3,000 a day per robot.
Our Traction
- Over $1.6M and 5 years invested in R&D to create Dax
- 5 fully filed US patents
- 20+ robots produced
- Dax in use by customers in Georgia and Oregon
- Customer-Centric Product: From visiting the school of the blind to researching what it means to be ‘seen’, nothing about Dax has been done without careful consideration for its effect on people.
Experience and Expertise
Daxbot was founded by Joseph (LinkedIn) and Kevin Sullivan (LinkedIn), brothers who helped revolutionize tech for emergency responders. They have set out to do the same on an even larger scale for robotics.
Joseph and Kevin also founded Alyrica, Nova Dynamics, and Mammoth Corporation together.
Jason Richards came onto the Daxbot team in 2021 to help with the growth and commercialization effort to introduce Dax to the world. Jason was previously the CEO of FFRS.
Along with our team of engineers, operators, technicians, and whatever it is that the rest of us do, Jason and the Sullivan brothers are ready to do something new in the world of robotics.
Why Invest?
Everything new is first adopted by a courageous set of outliers: the people who create the future are those who are willing to try something new.
The need and the tech are there for a whole new generation of robots, and we have an opportunity to make the difference and create the next wave of the future. Invest, and help us challenge the world of robotics.
ABOUT
HEADQUARTERS
517 N 19th St
Philomath, OR 97370
WEBSITE
View Site
We’ve taken the first step toward bringing urban service robots (think R2D2) into everyday life by creating an AI robot named “Dax”: Dax robots run on DaxOS, our own patented operating system that’s designed to be able to handle the uncontrolled environments that these robots will face. Our first Dax is working with our partners to enable last-mile delivery to branch out into new industries by making it cost-effective. Invest, and help us challenge the world of robotics!
TEAM
Joseph Sullivan
Founder, Director, and Owner
Jason Richards
CEO
Kevin Sullivan
Director & Owner
TERMS
Daxbot
Overview
PRICE PER SHARE
$3.39
DEADLINE
Jul 29, 2022
VALUATION
$37.32M
FUNDING GOAL
$10k - $1.07M
Breakdown
MIN INVESTMENT
$169.50
MAX INVESTMENT
$106,998.57
MIN NUMBER OF SHARES OFFERED
2,949
MAX NUMBER OF SHARES OFFERED
315,633
OFFERING TYPE
Equity
ASSET TYPE
Common Stock
SHARES OFFERED
Common Stock
Maximum Number of Shares Offered subject to adjustment for bonus shares
Voting Rights of Securities Sold in this Offering
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.
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Investment Incentives and Bonuses*
Time-Based
Friends and Family Early Birds
Invest within the first 48 hours and receive additional 10% bonus shares.
Super Early Bird Bonus
Invest within the first 7 days and receive additional 7% bonus shares.
Early Bird Bonus
Invest within the first 14 days and receive an additional 5% bonus shares.
Amount-Based
$339+ | Hydrogen Class
Invest $339 and receive a Daxbot Keychain.
$1,000+ | Helium Class
Invest $1,000 and receive 3% bonus shares and a Dax T-Shirt.
$5,000+ | Lithium Class
Invest $5,000 and receive 5% bonus shares, and a Dax T-Shirt or 3D Dax Miniature.
$10,000+ | Beryllium Class
Invest $10,000 and receive 7% bonus shares, and a Dax T-Shirt, 3D Dax Miniature, or Dax Plushie.
$50,000+ | Boron Class
Invest $50,000 and receive 10% bonus shares and Dax will come do a delivery to your doorstep (anywhere in the continental USA).
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Daxbot Inc. 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 Stock at $3.39 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $339. 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 canceled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Insider Investment Notice
Officers, directors, executives, and existing owners with a controlling stake in the company (or their immediate family members) may make investments in this offering. Any such investments will be included in the raised amount reflected on the campaign page.
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments.
PRESS
ALL UPDATES
07.29.22
Nearly $430k raised!
Thank You to our 400+ Investors!
So much has happened since we started the raise and we are excited about the next steps and future of Dax. 
Our press release announcement from yesterday has been picked up by a few outlets; here is one below:
https://nextnewtech.com/news/daxbot-announces-partnership-with-western-oregon-university/0395384
If you have questions regarding your investment; inquiries can be sent to investors@daxbot.com.
Onward!
07.28.22
Final 7 Hours to Invest in Dax!
With our big announcement around signing with our first university campus, we don't want you to miss out!
We can't wait to launch this fall at Western Oregon University; our first step into larger deployments!
Time is running out, invest now!
07.28.22
We Just Signed a Contract with Western Oregon University!!
We are so excited to announce our partnership with
Western Oregon University!
We are launching delivery this fall at Western Oregon University with 10 Dax robots!
We have been in continuous talks with several other universities, retirement communities, etc. that are looking at Dax as well.
These contracts can take some time to develop, and Dax has been able to make hundreds of new friends this year. We think that an experience with Dax is a special one. Thank you to our over 400+ investors that have been on the journey with us so far!
If you're on the fence about investing, time is running out.
Don't miss out on your chance to own your piece of Dax!
07.28.22
Time's Running Out - Last Day to Invest!
Over $425k and counting - Don't miss your opportunity to invest!
07.27.22
Less than 48 Hours Left - Don't miss out!
Join 400+ total investors to own your piece of Dax! Invest Now!
07.27.22
Closing Soon! - A Deeper Look at DaxOS
One of the most exciting things about Dax isn't just that he is a friendly robot; but how we brought Dax to life through DaxOS. In broad terms, there are a few steps we envisioned to move into the robotic future:
1) Create and patenet a new 'operating system' for robots that allows them to fluidly prioritize and complete tasks in uncontrolled environments. - DONE
2) Create a friendly looking robot that we believe will be more widely accepted across a variety of demographics. - DONE
3) Create turn-key business models using Dax and DaxOS. - IN PROGRESS
We envision an exciting future with Dax! You can learn more about DaxOS here.
07.21.22
Final Week to Invest in Dax!
Our first crowdfunding investor raise will be closing soon! We've made significant progress in our business goals, and we'd like to thank you for helping us get this far! 
Since launching this round we've more than doubled Dax's autonomy (how many Dax can be overseen by one Crew Commander), introduced AI interactions Lv 1, and launched a new delivery and pick-up platform that's given us an additional revenue stream.
We can't wait to take Dax to new cities! Thanks for joining us on this quest, and if you'd like to be part of this crowdfunding round, now's the chance to invest!
07.19.22
Launching Subway!
We just launched our Philomath Subway on our Dax Delivery portal! Now people can use the platform to order ahead and pick-up subway, or get it delivered in city limits! Let's Dax! This should put even more of our Philomath robots to work in the following weeks, and brings our list of Philomath partners to five local businesses launched on our delivery portal in the past 7ish weeks!
07.15.22
Another New Philomath Business Partner!
We just added and launched Dirt Road Brewing on our Philomath delivery portal! This is four businesses in the past 6 weeks since launching on May 31st, and we're working on our next addition.
The more new Philomath businesses we add, the more convenient the portal is for Philomath. Locals can use it to get Dax deliveries, or anyone can use it for pick-up! It's been exciting to see all of the Dax running around Philomath making deliveries! This morning I stopped by Timber Towne Coffee and spotted a small boy and his mother who had dropped by to check in with one of their local Dax crews.
07.07.22
Notice of Funds Disbursement
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Daxbot 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 Daxbot 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
REWARDS
JOIN THE DISCUSSION
0/2500
PINNED BY STARTUP
Caleb Naysmith
49 INVESTMENTS
2 years ago
A few things.
I am a student at the University of Kentucky, and as of Fall of 2021, a company called "Starship" made very similar robots for a similar purpose. They have been a massive success. Ironically, only seconds prior to writing this, I was curious if they had any place to invest in them. I was pleased to tune into here and see this company just now launching.
I say that for the interesting story, but also because they have been such a success, I think this and similar companies have tons of potential.
As far as questions, When do you plan to officially roll out for delivery? What was the big jump in revenue from?
2
0
Jarod Rudisill
4 months ago
Hi, I have a new email and no longer receive the updates. Can someone from daxbot help?
1
0
Keith Davis
6 months ago
Any updates for current investors? I haven't received any information from the company in a while.
1
0
Brian Fløe
a year ago
Building robots that mimic and looks like humans, are offensive. Thank you for realizing that and instead building a robot that looks like and behaves like, a tool. This is interesting.
1
0
frederic ortiz giner
a year ago
fred year yes
0
0
Heidi Hecht
a year ago
Just saw a Reddit post that somebody saw a room service delivery bot at AC Hotels Marriot in San Francisco. Maybe Daxbot could get in on that?
1
0
Chris Lemons
9 INVESTMENTS
a year ago
How will Daxbot handle crossing roads, cross walk signals, etc.? Beside robot personality, is there anything that sets you apart from Starship which already seems to have established themselves in campuses around the country? I am guessing there is a video somewhere I have missed, but when you say personality, what do you mean? How does Dax interact and display his personality?
Thanks,
Chris
2
0
Randall Schmitt
9 INVESTMENTS
a year ago
I provide thermal laboratory services to Purdue University. I have seen numerous robots traveling around campus over the last 6 months.
They appear to be utilized for food delivery.
Are these your product?
1
0
Varun Gupta
30 INVESTMENTS
a year ago
What was the revenue for year 2021 and projection for 2022?
1
0
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Luke Nwizu
30 INVESTMENTS
10 months ago
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