About Read AI
Read AI is a private company based in Seattle, Washington, incorporated in 2021 in Delaware. It has reported $80,999,961 raised in three offerings on Form D since October 2021. Its chief executive is David Shim.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Sep 3, 2024 | Oct 29, 2024 | $50,000,000fully sold | 4 | $12.5M | EquityRule 506(b) | Form D ↗ |
| Feb 15, 2024 | Apr 4, 2024 | $20,999,984fully sold | 4 | $5.2M | EquityRule 506(b) | Form D ↗ |
| May 12, 2021 | Oct 27, 2021 | $9,999,977of $9.9M target | 18 | $555K | EquityRule 506(b) | Form D ↗ |
| Total, three offerings | $80,999,961 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Read AI's Form D filed Oct 29, 2024.