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Commerce.AI

Operating

Tall Idea Labs, Inc.

Software & AI · Sunnyvale, CA

Artificial intelligence to power next generation commerce

Post-money valuation ⓘ
$27.1M
As of Jun 2020 · from Reg CF Offering (2019) · pre-money + amount raised, not a traded price
Total raised
$2,140,700
Crowd $1.5M · Private $650K · 4 rounds since 2017
Latest share price
$1.19
Private · Preferred Stock · Nov 2021 offering price · down round

Financials

FY2015–FY2022 · from SEC filings · hover any figure for its source
$0
−$40K
2015
2016
$10K
−$132K
2017
$356K
2018
$875K
−$136K
2019
$708K
−$377K
2020
$708K
−$377K
2021
$345K
−$498K
2022
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2015 reviewed*
FY2016 reviewed*
FY2017 unaudited
FY2018 reviewed
FY2019 reviewed
FY2020
FY2021
FY2022
Income statement
Revenue
$0
—
$10,000
$356,000
$874,980
$708,200
$708,200
$345,000
Cost of goods sold
$0
—
$0
$137,318
$146,050
$110,482
$110,482
$54,000
Gross margin
—
—
100%
61%
83%
84%
84%
84%
Net income
-$40,168
—
-$132,126
$0
-$136,077
-$377,182
-$377,182
-$497,780
Taxes paid
$0
—
$800
$0
$0
$0
$0
$0
Balance sheet
Cash
$534
—
$130,616
$204,386
$1,129,232
$984,500
$984,500
$300,000
Accounts receivable
$0
—
$10,000
$0
$0
$0
$0
$0
Total assets
$534
—
$140,616
$882,904
$2,115,218
$2,376,263
$2,376,263
$2,700,120
Short-term debt
$800
—
$800
$71,942
$800
$800
$800
$800
Long-term debt
$0
—
$71,942
$0
$71,942
$158,591
$158,591
$71,952
Total liabilities
$800
—
$72,742
$71,942
$72,742
$159,391
$159,391
$72,752
Other
Headcount
—
4
—
7
6
1
—
5

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$26.0M
pre-money
Reg CF · Common · Dec 2019

Blue bars are the pre-money valuation the company stated for a priced round.

Share price over rounds

$2.00$1.00$1.19
Dec 2019Nov 2021
Round offering price or verified disclosed saleDisclosed sale, unverified or year-onlyDown round · Nov 2021 (-40.5%)

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Principal holders% as the filing states it, May 4, 2022

  • Anand Pandharikar59.2%of company

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $1.1M / $1.1MInvestors 1,487Post-money $27.1M
Raised $350KInvestors 3
Reg CF · Debt · Sep 2017Closedvia SeedInvest
Raised $420.7K / $1.1M

Team

4 people
Andy PandharikarFounder
CEO, Founder and Director

Andy Pandharikar is the CEO, Founder and Director of Commerce.AI. Before that, Andy founded Fitiquette based in San Francisco. It was acquired by Flipkart group. Flipkart was acquired by Walmart for $16B. Fitiquette was a Techcrunch Disrupt Finalist from 2012. Andy held various product and engineering positions at Cisco. He is also a member of SF Angels Group and has invested in a number of startups as an angel investor. He attended M.S. in Management Science and Engineering at Stanford University and an Executive Degree at Harvard Business School. Andy is an outdoor enthusiast, an ultramarathoner, and a certified lead rock climber.

Goncalo GilFounder
Co-Founder and Head of AI

Goncalo is building AI/Deep Learning for Commerce.AI. Before finishing his Ph.D from Stanford, Goncalo has been a successful tech entrepreneur. He brings in vast expertise in academic and professional disciplines. He has worked at the European Space Agency (ESA), studied fluid dynamics, and professionally competed to build a predictive model for the stock market. His keen interest in photography, combined with a quest to build an AI that truly understands images, has resulted in several projects and publications in deep learning.

Lu FengFounder
Co-Founder and Head of Data Science

Before joining Commerce.AI founding team, Lu was a researcher at MIT. She finished her Ph.D. from MIT. Growing up in a family of mathematicians, Lu has always been fascinated by large scale unstructured data. She is also a prolific writer, writing fiction since she was 12. These passions attracted her to Commerce.AI's goal of building a massive AI platform that understands all the world's products. Lu is also a National Science Foundation Graduate Research Fellow and a Penn State Schreyer Honors Scholar.

Nate OrlinFounder
Co-Founder and Head of Engineering

Nate is the Co founder of Commerce.AI. He is responsible for core technology product and all things engineering for the company. Before that he spent four years at IBM building enterprise grade large scale software empowering services related to IBM Watson. He has a deep passion for technology systems and architecture. Before that, he spent time at Cisco where he worked together with Andy. Nate holds BS in Computer Science from Stanford University. He is also a pro gamer and has earned several battle scars which he likes to share only in person!

Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 5 of 9 annual reports (FY2017–FY2025)

1,487 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-TRMay 1, 20230001716174-23-000001
    EDGAR
  • Form C-ARMay 4, 20220001716174-22-000002
    EDGAR
  • Form C-ARApr 28, 20210001716174-21-000001
    EDGAR
  • Form C-UJun 23, 20200001665160-20-000844
    EDGAR
  • Form C-ARApr 28, 20200001716174-20-000001
    EDGAR
  • Form C/AApr 16, 20200001665160-20-000317
    EDGAR
  • Form C/AFeb 14, 20200001665160-20-000131
    EDGAR
  • Form C/AJan 7, 20200001665160-20-000013
    EDGAR
Source: ManualCIK 0001716174DEShare price $1.19

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.