INVEST IN EPILOG TODAY!

Transforming how machines see the world

Epilog has created a breakthrough AI vision technology for self-driving vehicles: SideCar. We are in the process of manufacturing the first 1,000 units to sell in 2023.

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.
Epilog

$147,577.22 Raised

REASONS TO INVEST

Reasons Icon

Over $4.5M invested to date, we are in the process of manufacturing the first 1,000 units to sell in 2023.

Reasons Icon

We believe Epilog has developed and patented super-resolution vision technologies that can disrupt numerous fast-growing markets.

Reasons Icon

Our IP position includes 10 patents granted. Epilog’s products could address multi-billion dollar markets with a significant cost-performance lead over the competition.

Patented optical designs with cutting-edge AI


Epilog was founded in 2015 by Michael and Lance Mojaver with the goal of elevating machine vision systems to superhuman capabilities. We use patented optical designs with cutting-edge AI to create low-cost devices that make life better. SideCar will be our premier product — addressing a massive market of millions of cars that can be made self-driving today. With efficient production of the cameras needed for safe and accurate self-driving devices, SideCar will allow individuals to transform their current car into a car of the future. We have raised over $4.5 million with more than 4500 investors. 


*Product is currently in development and not yet available on the general market.

 



The Problem


Current self-driving systems neglect the largest market: existing cars


Driving wastes your valuable time. Tasks such as washing dishes and doing laundry are mundane and repetitive and have been automated thanks to advances in technology. Driving is next.


Right now self-driving availability is restricted to specific brands of new and expensive cars. Leading self-driving companies have defined autonomous capabilities under their terms, with billions of dollars poured into development that only benefits a few. The current distribution of self-driving capabilities neglects the largest market — existing cars.


*This image is computer generated to provide an example of current machine vision systems detection capabilities.



The Solution


Paving the road for millions of compatible cars 


SideCar is here to change the narrative. We plan to open the door to millions of compatible cars that are already on the road by offering a way to modernize your vehicle at a fair price — $999 (product not yet sold on market).


SideCar is a device attached to the inside of the windshield, right behind the rearview mirror. Our technology uses the existing LKAS (lane-keeping assist) and ACC (automatic cruise control) systems in the car to tap into gas, steering, and brakes. Our AI, paired with Epilog optics, gives the user the highest quality self-driving experience available.


*Product is currently in development and not yet available on the general market.


We want to be the platform that bridges the gap in the self-driving market. With an affordable price-point and an untapped market of consumers, we believe SideCar will be the device that changes the game.



The Market & Our Traction


Collaborations with major players and products that work!


The immediate market for Epilog technology is driver assistance and retrofitting ~50 million cars on the road today, as well as those designed for 2025 and later (source).


We have created a production-ready model in partnership with one of the world’s largest contract manufacturers Jabil Optics and in collaboration with several large OEM automotive manufacturers. With 10 patents granted we are looking to bring our proprietary, affordable tech to even more industries.




Why Invest


Production-ready product, great price and billions of market space


We believe advancements in robotics will bring huge benefits to society. From driving your car to making your food, boring and repetitive tasks will be automated by advances in AI technology. We think Epilog is in a position to improve the lives of millions through our advanced AI vision systems, starting with SideCar and perhaps one day even humanoid robots. Let's create the future!



*Product is currently in development and not yet available on the general market.

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ABOUT

HEADQUARTERS

75 E. Santa Clara Street, Suite 600
San Jose, CA 95113
VALUATION

$53.08M
PREVIOUSLY CROWDFUNDED

$4M

Epilog has created a breakthrough AI vision technology for self-driving vehicles: SideCar. We are in the process of manufacturing the first 1,000 units to sell in 2023.

TEAM

 Lance Mojaver
Lance Mojaver
CTO & Director

Lance is the principal architect and developer for device, client, and server software at Epilog. He has more than ten years of experience in real-time video software, creating video cameras from initial hardware design to user-facing product. Lance is passionate about creating cutting-edge vision solutions for robotic and consumer use cases. His most recent area of interest is creating structured 3D data with a single camera through techniques such as SLAM. Lance Mojaver is expected to take over as CEO from Michael Mojaver at the beginning January 2023. Michael will remain on the board and act as Secretary and Treasurer.

Michael Mojaver
Michael Mojaver
CEO, Secretary, Treasurer & Director

Michael is a serial entrepreneur with extensive experience in funding and operating technology companies, both in the US and abroad. Michael was formerly a particle physicist and studied/worked at UC San Diego, Cornell University, Fermilab and CERN (Switzerland). Michael started other companies prior to Epilog, the last one went public (NIO, now trading as GIG:OSLO). Current main areas of interest include, artificial intelligence, optics and computer vision. Lance Mojaver is expected to take over as CEO from Michael Mojaver at the beginning January 2023. Michael will remain on the board and act as Secretary and Treasurer.

Marc Munford

Marc Munford

VP Business Development

Marc leads Epilog's Consumer OEM Market Channel Development. Marc comes to Epilog from an extensive career in Silicon Valley startups. Previously, Marc was co-founder of NetDrive - the first Internet personal storage service (before it was called Cloud). Marc has built and run sales and business development for early stage companies such as Visto/Good Technology, Funambol, German Software, Treasure Data, and Wollongong/Attachmate. Marc learned to evangelize breakthrough technology when he was a software engineer early in his career working for Steve Jobs at NeXT. Marc's younger days in football also brings Epilog connections to major sports franchise leagues.

Rony Greenberg

Rony Greenberg

Director

Business leader with a consistent and proven track record of delivering dramatically increased revenues, gross margin and profits. Experienced at efficiently orchestrating and navigating complex organizations with cross functional teams located worldwide. Highly skilled negotiator and polished communicator with superior client relationship development and ability to close revenue generating partnership contracts. Motivational leader who builds and pilots teams to create strategy and achieve results that exceed organizational objectives. Rony has been previously involved in many Silicon Valley startups.

Kelly Stopher

Kelly Stopher

CFO

With over 30 years experience in accounting and finance, Mr. Stopher’s career includes management and executive positions as Chief Financial Officer for Lee Read Jewelers, Inc. (Boise, ID), Chief Financial Officer for Weldon Barber (Spokane, WA), Account Executive for Aston Group (Vancouver, BC), Business Relationship Manager for Wells Fargo (Spokane, WA), CFO/Director for Jayhawk Energy, Inc. (Coeur d’Alene, ID) and CFO for Zenlabs Holdings, Inc. (Vancouver, BC). Mr. Stopher is Managing Partner at Palouse Advisory Partners LLC, a firm specializing in accounting and financial consulting for pre-IPO and publicly traded companies.  

TERMS

Epilog
Overview
PRICE PER SHARE
$2.83
DEADLINE
Apr 4, 2023
VALUATION
$53.08M
AMOUNT RAISED
$147,577.22
Breakdown
MIN INVESTMENT
$192.44
MAX INVESTMENT
$4,999,998.72
MIN NUMBER OF SHARES OFFERED
3,533
OFFERING TYPE
Equity
ASSET TYPE
SHARES OFFERED
Common Stock
MAX NUMBER OF SHARES OFFERED
1,766,783

Maximum Number of Shares Offered subject to adjustment for bonus shares


Company

:

Epilog Imaging Systems, Inc.

Corporate Address

:

75 E. Santa Clara Street, Suite 600, San Jose, CA 95113

Offering Minimum

:

$10001.22

Offering Maximum

:

$4,999,998.72

Minimum Investment Amount

(per investor)

:

$192.44











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

3,533

Maximum Number of Shares Offered

:

1,766,784

Price per Share

:

$2.83

Pre-Money Valuation

:

$53,075,622.71











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

Past Investor Bonus 

Investors who have already invested in the company will receive 5% bonus shares

Time Based

10% in the first week

5% in the second week

Amount Based

$350+ | Receive a free exclusive owners T-shirt

$1,250+ | Above + 50% off SideCar (limit 1)

$2,500+ | Above + free exclusive SideCar sweater

$5,000+ | Above + free SideCar

$10,000+ | Above + extra 10% bonus shares

$25,000+ | Above + video call with founding team

*In order to receive perks from an investment, one must submit a single investment in the same offering that meets the minimum perk requirement. Bonus shares from perks will not be granted if an investor submits multiple investments that, when combined, meet the perk requirement. All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Epilog Imaging Systems, 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 $2.83/ share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $283. 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 investor's 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 receive the highest single bonus they are eligible for among the bonuses based on the amount invested and the time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus and the Past Investor Bonus in addition to the aforementioned bonus.

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. Salary payments made to one’s self, a friend or relative. Inter company debt or back payments.

ALL UPDATES

01.24.23

Notice of Material Change in Offering

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

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


Campaign is extending its end date by 60 days


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.

01.17.23

Invest in AI

AI is everywhere now, with experts still determining where it will eventually lead. At Epilog, we see AI as an excellent augmentation of human capability. A major technology-driven trend to affect every type of human interaction in the coming years. We were curious to know how AI sees Epilog.


The images below were generated from the corresponding captions using AI. AI imagery uses a "generator" to create new images and a "discriminator" to decide which created images are considered successful. Examples of text-to-image models include OpenAI DALL-E and Google Brain, with "Thinking Machines" using supercomputers for this purpose as early as the 1980s.


"Epilog AI"


"Self-driving car"


"Driver monitoring system"

01.11.23

CES 2023 Automotive Industry Update

The Consumer Electronics Show (CES) has been steadily becoming the most important automotive industry event since 2015. The last time Epilog exhibited at CES (and simultaneously at Jabil's booth) was in 2019, prior to Covid. We are glad CES has returned this year despite lingering risks and mass cancellations last year. 

Here are some of the noteworthy automotive highlights related to Epilog from CES.


Sony Honda: The Afeela concept introduced by Sony and Honda Mobility is more Playstation than Civic. There are 45 sensors in the Afeela concept, about half of them being cameras. If this vehicle goes to production (projected 2026), it will be significantly simplified. For Epilog, Sony remains a valued partner/supplier of advanced sensors, and we plan to resume collaboration with Honda later this year.


Image Credit: Sony Honda Mobility


Continental: Continental is a Tier-1 automotive OEM based in Germany. We met the former Continental CEO Elmar Degenhart at CES in 2019 and explored a collaboration in developing next-generation vehicle vision technology. Continental Autonomous Mobility Head Hans Feigel presenting at CES 2023 said "at the moment, it's not about hype; it's about execution and bringing safety features on the road to support the drivers." He anticipates Full Self Driving (FSD) functions in fleets first for fixed operation (A to B) in 3-4 years, followed by Robotaxis and road cars eventually. We couldn't agree more, and that's why we created Sidecar and look forward to working with them again in the future.


Illustration credit: Continental


Bosch: Bosch is a Tier-1 automotive OEM. Bosch introduced the "RideCare Companion" at CES 2023. The device was designed with ride-hailing drivers in mind and includes an interior camera and exterior dashcam with a display on the front to let drivers and riders know the service is active. SideCar provides significantly more advanced functionality than RideCare, most importantly driver assistance. RideCare is an interesting product since SideCar can be considered an alternative or enhanced product option for the same use. We look forward to a potential collaboration with Bosch in the near future.


Illustration credit: Bosch


Bosch:  Bosch also introduced the "Automated Valet Parking" at CES 2023. This has similar functionality to the Summon feature introduced by Tesla in 2016. SideCar does not currently support a similar feature, but this is planned when surround cameras become standard in more vehicles.


Illustration credit: Bosch


BMW: The BMW concept is called the iVision "Dee" (Digital Emotional Experience). The claimed innovation here is the fully immersive cockpit (entirely blocking the road ahead) and the vehicle's ability to change colors. We presented BMW iVentures in 2017 and did not see a fit in their future roadmap - that remains the same. 


Illustration credit: BMW

12.27.22

Happy Holidays 2022 from Team Epilog

As the holidays approach, we hope everyone finds time to enjoy the season. Throughout 2022, our team worked together to accomplish significant milestones. 

With the year coming to a close, we want to thank our awesome investors and supporters! We wish you and your family a wonderful holiday season.

12.17.22

How difficult is it to build SideCar?

Elon explains that manufacturing is the hardest part of product development. He estimates that anywhere between 10x–100x more effort goes into a production system compared to the design process. This is in the context of the Raptor rocket engine, but the concept applies to most manufacturing processes.

Although Sidecar may be less complex than a Raptor engine, our goal is to manufacture 100x-1000x more units. Securing the supply chain for even our initial batch of 1000 units in the Covid environment has been challenging and took nearly a year to complete. The good news is once the production flow is established, scaling up by 10x-100x units will require less effort by engaging a manufacturing partner like Jabil.

image credit: Tim Dodd, licensed from everydayastronaut.com

12.14.22

Last day to invest and earn extra bonus shares

Today is the last day to invest during Epilog's bonus share period for the current funding round! First week investors received an extra 10% bonus shares as an early-bird special, and today is the last day to earn an extra 5% bonus shares. All previous investors in Epilog will receive an extra 5% on top of the time-based perk.


Reasons to  invest:

  • Over $4.5M invested to date, we are in the process of manufacturing the first 1,000 units to sell in 2023.
  • We believe Epilog has developed and patented super-resolution vision technologies that can disrupt numerous fast-growing markets.
  • Our IP position includes 9 patents granted. Epilog’s products could address multi-billion dollar markets with a significant cost-performance lead over the competition.

12.02.22

Kicking off the new campaign!


We're excited to announce the start of our new Reg CF campaign on StartEngine!


For the first week investors can receive an extra 10% bonus shares as an early-bird special, as well as an extra 5% if you've invested in Epilog before.


- The Epilog Team

Owners bonus
Stack Owner's Bonus & Rewards!

Members get an extra 10% shares in addition to rewards below!

REWARDS

Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into Epilog.

$192.00

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.

$350.00

$350+

Receive a free exclusive owners T-shirt

$1,250.00

$1,250+

Receive a free exclusive owners T-shirt + 50% off SideCar (limit 1)

$2,500.00

$2,500+

Receive a free exclusive owners T-shirt + 50% off SideCar (limit 1) + free exclusive SideCar sweater

$5,000.00

$5,000+

Receive a free exclusive owners T-shirt + free exclusive SideCar sweater + Free SideCar

$10,000.00

$10,000+

Receive a free exclusive owners T-shirt + free exclusive SideCar sweater + Free SideCar + 10% bonus shares

$25,000.00

$25,000+

Receive a free exclusive owners T-shirt + free exclusive SideCar sweater + Free SideCar + 10% bonus shares + Video call with founding team

JOIN THE DISCUSSION













0/2500

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Cancel anytime before 48 hours before a rolling close or the offering end date.

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PREVIOUSLY CROWDFUNDED
$3,869,972.15
RAISED
$147,577.22
INVESTORS
133
MIN INVEST
$192.44
VALUATION
$53.08M

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