AI Educators, LLC
The world’s first AI-driven personalized reading program
$0
Raised
0
Investors
$250.00
Target Offering
$250.00
Minimum Investment
$1,235,000
Maximum Offering
$1.00
Interest Price
Offering Ends June 30, 2024
$0
Raised
0
Investors
$250
Target Offering
$250.00
Minimum Investment
$1,235,000
Maximum Offering
$1.00
Interest Price
Offering Expires June 30, 2024
The Offering:
LUCA is an innovative digital reading tutor that utilizes AI and speech recognition technology to provide personalized content and interventions to improve reading skills, boost confidence, and increase student engagement. These powerful online tools are user-friendly and accessible to families, enabling children to overcome learning deficiencies in and out of school, from elementary to high school graduation. For struggling students, LUCA offers hope and a chance for a successful future. Our team incorporated several key features into the solution, including evidence-based research principles that enhance reading skills, a Structured Literacy Approach, integration of phonics (often overlooked in schools), and engagement of three core principles for better reading fluency and comprehension, SEE IT, SAY IT, HEAR IT.
The concept for LUCA began in the summer of 2021, though its roots trace back to 2012 when Scott Sosso and his wife, discovered their son Luca faced difficulties in reading during kindergarten. Initially, they sought assistance from the school, but they encountered a complex bureaucratic and political situation that wasted valuable time in obtaining necessary support services for their son. It took nearly 21 months for LUCA to receive an Individualized Educational Plan (IEP) and the in-school support he desperately needed.
In 2021, after years of searching for a straightforward solution to help his son with reading, Scott Sosso, Founder, and CEO, discovered an expensive and poorly-designed reading software with no scientific backing. Despite its flaws, the software was in high demand. After testing the software with his son, Scott realized he could leverage his technological expertise to create something more valuable.
Later that summer, Scott met Dr. Michael Shamos, a Distinguished Career Professor at the Institute for Software Research and the Language Technologies Institute of the School of Computer Science at Carnegie Mellon University. Through Dr. Shamos’ Masters in Science for AI and Innovation course, Scott enrolled his company into the capstone program.
After two years of hard work and dedication, Scott and his team developed LUCA, an AI-powered reading solution designed to empower individuals with dyslexia to become more confident readers.
Use of Proceeds
Based on the maximum amount of $1,235,000 is raised.
3%
Intermediary Fees
$37,050
53.6%
Salaries and Benefits
$662.360
10.7%
Advertising and Marketing
$132,500
10.7%
Design and Development
$132,000
8.7%
Business Legal and Accounting
$108,000
13.2%
Overhead
$163,090
In the United States, dyslexia affects about one-fifth of all students, which amounts to approximately 14 million students.
LUCA Technology:
Through the utilization of evidence-based research, our team set out to build. The world’s first AI-driven personalized reading program for students that utilizes AI and speech recognition technology to produce content based on their interests and targeted interventions designed to increase engagement, inspire confidence and boost reading skills. Currently, the LUCA Reading Platform is licensing the Patent Pending technology developed by SkyHigh Ventures, LLC, and the company has a perpetual right to utilize the technology. The key features of this technology include:
- StoryLabs: Custom content generation technology that creates stories tailored to reader’s interests, catering to their reading level and challenges.
- LUCAListens: Automated speech recognition system that captures a reader’s voice, identifies pronunciation issues, and provides real-time interventions.
- ProfessorAI: An artificial intelligence engine that tracks a reader’s progress and offers customized guidance for skill improvement.
- LUCATalks: generates word and sentence voice recordings, accompanied by visual highlights based on Professor AI’s unique Grapheme-Phoneme Pairs (GP Pairs), enabling users to associate letters and sounds while reading easily
| Terms: | |
|---|---|
|
Offering Type: |
Regulation CF |
|
Security Type: |
Class C Membership Interests |
|
Maximum Offering: |
$1,235,000 |
|
Target Offering: |
$250 |
|
Minimum Investment: |
$250 |
|
Valuation: |
$24,700,000 |
|
Broker Dealer: |
Andes Capital |
|
Transfer Agent: |
KoreTransfer USA LLC |
|
Escrow Agent: |
West Town Bank & Trust |
The global AI market reached an impressive figure of USD 428 billion in 2022 and is expected to skyrocket to USD 2.0 trillion by 2030, with a compound annual growth rate of 21.6% between 2023 and 2030.
Leadership:
Scott Sosso
Founder, Chief Executive Officer and Manager
Sayali Deshpande
Backend Integration Specialist
Siyu Chen
The Librarian and Professor AI Specialist
The world's first personalized reading program for readers that uses the power of AI and speech recognition technology to deliver custom content and targeted interventions while inspiring confidence and maximizing student engagement.
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