Offerings / Regulation CF / Biostate AI, Incorporated
Biostate AI, Incorporated
Regulation Crowdfunding offering on Wefunder · Form C filed April 17, 2026 · Houston, Texas
Repeat issuerSAFEEarly revenueCorporation, Delaware
Business summary pending extraction from the offering statement. The company is a corporation organized in Delaware on June 14, 2023, based in Houston, TX, with 20 employees and $565,452 of revenue in its most recent fiscal year.
Offering terms
- Security
- Simple Agreement for Future Equity (SAFE)
- Maximum
- $53,379.00
- Price
- $1.00 per unit
- Pricing method
- Pro-rated portion of the total principal value of $50,000; interests will be sold in increments of $1; each investment is convertible to one share of stock as described under Item 13.
- Deadline
- April 30, 2027
- Oversubscriptions
- Accepted
- Intermediary
- Wefunder Portal LLC
Funding portal, SEC file 007-00033 - Intermediary fee
- 7.9% 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.
- Intermediary equity
- No
- Co-issuer
- Biostate AI III, a series of Wefunder SPV, LLC
Financials as filed
| Item | Most recent FY | Prior FY |
|---|---|---|
| Revenue | $565,452 | $66,700 |
| Cost of goods sold | $690,981 | $104,466 |
| Net income (loss) | -$9,881,728 | -$5,407,609 |
| Total assets | $4,485,898 | $3,420,773 |
| Cash and equivalents | $2,348,306 | $1,694,986 |
| Accounts receivable | $147,764 | $7,040 |
| Short-term debt | $2,501,635 | $913,728 |
| Long-term debt | $1,065,588 | $8,616,179 |
| Taxes paid | $0 | $0 |
Two fiscal years as reported on the Form C cover sheet. 20 employees. Offered in 56 states.