Data / Crowdfunding / New York / HUMAN AI LABS, INC.
HUMAN AI LABS, INC.: crowdfunding raise on OpenDeal Portal LLC, $250,000 to $5,000,000 (2023)
HUMAN AI LABS, INC., a corporation in New York, NY, filed a Form C with the SEC on December 13, 2023 to raise $250,000 to $5,000,000 in Crowd SAFE (Simple Agreement for Future Equity) through OpenDeal Portal LLC. The offering closed on April 11, 2024. In its most recent fiscal year it reported $138,319 in revenue and a net loss of $2,837,808, with 6 employees.
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- Website
- www.personal.ai
- Funding portal
- OpenDeal Portal LLC
- Address
- 135 W. 50TH STREET SUITE 200, New York, NY 10020
- Legal form
- Corporation
- Jurisdiction
- DE
- Incorporated
- November 20, 2019
- SEC CIK
- 0001835770
Offering terms
From the offering filed December 13, 2023.
- Security
- Crowd SAFE (Simple Agreement for Future Equity)
- Price
- $1.00
- Target
- $250,000
- Maximum
- $5,000,000
- Deadline
- April 11, 2024
- Portal compensation
- At the conclusion of the Offering, the Issuer shall pay the Intermediary the greater of (A) a fee of five and one-half percent (5.5%) of the dollar amount raised in the Offering or (B) a cash fee of twelve thousand dollars ($12,000.00).
Financials
From the Form C-AR filed April 25, 2024.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $138,319 | $12,052 | sec.gov |
| Cost of goods sold | $113,981 | $290,425 | sec.gov |
| Net income | $-2,837,808 | $-2,781,828 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $331,551 | $1,207,405 | sec.gov |
| Cash | $261,076 | $1,089,091 | sec.gov |
| Accounts receivable | $0 | $0 | sec.gov |
| Short-term debt | $4,331 | $63,026 | sec.gov |
| Long-term debt | $1,355,669 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| April 25, 2024 | Termination of reporting | Not listed | Not listed | sec.gov | ||
| April 25, 2024 | Annual report | Not listed | Not listed | sec.gov | ||
| April 5, 2024 | Progress update | $250,000 | $5,000,000 | April 11, 2024 | The Offering closed successfully on 4/1/2024, having received investment commitments of $1,695,074.69, although a final accounting has not taken place. | sec.gov |
| December 13, 2023 | Offering | $250,000 | $5,000,000 | April 11, 2024 | sec.gov |
Also on SpecStream
Updated April 25, 2024. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.