409.AI (Techstars '24)

About 409.AI (Techstars '24)

The startup develops a machine learning platform that generates IRS-compliant valuations and reports, significantly lowering costs for businesses. By implementing a revenue-sharing model, the company enables partners to offer valuation services while collaborating directly with startups, funds, and investment banks to enhance access to accurate financial assessments.

The startup develops a machine learning platform that generates IRS-compliant valuations and reports, significantly lowering costs for businesses. By implementing a revenue-sharing model, the company enables partners to offer valuation services while collaborating directly with startups, funds, and investment banks to enhance access to accurate financial assessments.

What does 409.AI (Techstars '24) do?

The startup develops a machine learning platform that generates IRS-compliant valuations and reports, significantly lowering costs for businesses. By implementing a revenue-sharing model, the company enables partners to offer valuation services while collaborating directly with startups, funds, and investment banks to enhance access to accurate financial assessments.

Where is 409.AI (Techstars '24) located?

409.AI (Techstars '24) is based in Toronto, Canada.

When was 409.AI (Techstars '24) founded?

409.AI (Techstars '24) was founded in 2022.

How much funding has 409.AI (Techstars '24) raised?

409.AI (Techstars '24) has raised 2120000.

Who founded 409.AI (Techstars '24)?

409.AI (Techstars '24) was founded by Michael Magnacca.

  • Michael Magnacca - Founder
Location
Toronto, Canada
Founded
2022
Funding
2120000
Employees
6 employees
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409.AI (Techstars '24)

Score: 54/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

The startup develops a machine learning platform that generates IRS-compliant valuations and reports, significantly lowering costs for businesses. By implementing a revenue-sharing model, the company enables partners to offer valuation services while collaborating directly with startups, funds, and investment banks to enhance access to accurate financial assessments.

409.ai100+
Founded 2022 – Toronto, Canada

Funding

$

Estimated Funding

$2.1M+

Team (5+)

Michael Magnacca

Founder

Company Description

The startup develops a machine learning platform that generates IRS-compliant valuations and reports, significantly lowering costs for businesses. By implementing a revenue-sharing model, the company enables partners to offer valuation services while collaborating directly with startups, funds, and investment banks to enhance access to accurate financial assessments.