DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Companies / Read AI, Inc.
Read AI, Inc.
Facts
Financing history
2 rounds
- Sep 3, 2024Form D equity offering · $50.0M (form d sold) · 4 investorsFact SEC EDGAR Form D data sets (quarterly) · “Read AI, Inc. filed Form D: $50,000,000 sold of $50,000,000, Other Technology”
- Feb 15, 2024Form D equity offering · $21.0M (form d sold) · 4 investorsFact SEC EDGAR Form D data sets (quarterly) · “Read AI, Inc. filed Form D: $20,999,984 sold of $20,999,984, Other”
Investors on record
2 edges
- Madrona Venture Group, LLC portfolio listing Fact madrona.com
- Madrona Venture Group, LLC board only, Matt Mcilwain (strongly supported) Inference sec.gov
People
1 officers, 4 directors
- David Shim Executive Officer/Director sec.gov
- Matthew Mcilwain Director Fact
- Coddy Johnson Director Fact
- Matt Mcilwain Director Inference
- Brad Twohig Director Fact
Timeline
3
- Sep 16, 2026Read AI, Inc. no longer listed on Madrona Venture Group, LLC's portfolio pageRemoved from portfolio page Inference Venture organization websites (about, team, portfolio, thesis, news pages)
- Oct 29, 2024Read AI, Inc. filed Form D: $50,000,000 sold of $50,000,000, Other TechnologyForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Apr 4, 2024Read AI, Inc. filed Form D: $20,999,984 sold of $20,999,984, OtherForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
31 observations
Every observation on this company
- Entity type: Corporation Oct 29, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Corporation Apr 4, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Other Technology Oct 29, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Other Apr 4, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Oct 29, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Apr 4, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Oct 29, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Apr 4, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Oct 29, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Apr 4, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Oct 29, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Apr 4, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $50.0M Oct 29, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $21.0M Apr 4, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $50.0M Oct 29, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $21.0M Apr 4, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b Oct 29, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b Apr 4, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2024-09-03 Oct 29, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2024-02-15 Apr 4, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 4 Oct 29, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 4 Apr 4, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Oct 29, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Apr 4, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity Oct 29, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: equity Apr 4, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 999 Third Ave., Suite 3300, SEATTLE, WA, 98121 Oct 29, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 820 LENORA ST., #4202, SEATTLE, WA, 98121 Apr 4, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Listed on portfolio page: Madrona Venture Group, LLC Sep 13, 2026 Fact Venture organization websites (about, team, portfolio, thesis, news pages)
- Year of incorporation: 2021 Oct 29, 2024 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2021 Apr 4, 2024 Fact SEC EDGAR Form D data sets (quarterly)