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Aido

Improving quality of life with affordable multi-functional robotics
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Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by InGen Dynamics Inc. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Aido Crowd SAFE Preferred valution cap Crowd Safe
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Be part of the robotics revolution !

Aido is on a mission to improve quality of life for humans with affordable, and easy-to-use robotics.

Aido is now inviting investors who want to take advantage of a company that has already significantly demonstrated market validation among both consumers and investors alike.

Highlights

  • $1M raised via crowdfunding in 2017, showing strong market/customer validation, ranked as the 2nd most successful robotics campaign of all time. More than 100,000 in community including fans and other highly engaged stakeholders
  • Previous investment rounds include seed at $2.5M valuation(2016), mini-IPO Title III(273 investors) at $12M valuation(2016/7), a Pre-Series A round ($1.5M) commitment with reputed global and tech investors (2017)
  • Accepted into the prestigious PnP startup program (Ranked top #20 by Forbes) in Sep 2017. Selection done by anchor partners including  Johnson & Johnson, Nokia, Siemens, Zimmer, AARP, Ascension, Pfizer and Servier
  • Recognized by major industry associations including IEEE, Boston Consulting Group, and Robo-Business and featured in major global research reports
  • Addressing $34 Billion market in personal robots, $1.1 Trillion in Retail and Hospitality and $10 Billion in healthcare . Pilots with a leading senior care company in the US and a $24 B health care group underway. 





Whether it’s playing with the kids, assisting with chores, managing your schedule, integrating with other smart home devices, patrolling the hallway after you’ve gone to sleep, or helping out with anything from a cooking recipe to learning the piano, there’s little that Aido can’t do!



In September 2017, Aido has got accepted into the prestigious Plug n Play program in Silicon Valley (Ranked among top 20 programs in the US by Forbes in 2017). Selection was done by anchor partners including  Johnson & Johnson, Zimmer Biomet, AARP, Ascension, Pfizer, Boehringer Ingelheim, University of Mississipi Medical Center, Servier among others.

Plug and Play a global innovation platform that connects startups with global corporations, researched over 4000 startups from around the world and selected only 3% into their nine programs in 2017. Plug and Play provides active investments with 180 leading Silicon Valley VCs, and more than 700 networking events per year. Companies in the community have raised over $4 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club, PayPal, SoundHound, and Zoosk. 

Having been selected to of this programs, Aido now has direct access to senior leaders and C-suite executives at prominent brands that are investing significant amounts of time and capital to improve how their companies do business, everything from customer analytics and insights to customer engagement, to product development. These corporations are looking to these startups to support them as they innovate.

The robotics revolution is here and it’s progressing at a breakneck pace, and, Aido is leading the way !

At some point, almost everyone has fantasized about what it might be like having their own personal, artificially-intelligent robot assistant helping out around the house and making life easier for seniors, retail spaces and humans in general. 

Now, thanks to advances in autonomous robotics technology, what was once merely the product of science fiction writers’ imaginations is now fast becoming reality.

Following in the footsteps of connected technologies like Apple’s HomeKit, Google’s Nest, and Amazon’s Echo, an all new era of smart domestic droids are making the mechanical march into the common household with the promise of expanding upon the capabilities of existing smart home innovations. 

With Aido, we’re harnessing a unique blend of technology and nextgen voice interaction to build the world’s most useful advanced home robot.

Meet Aido: The Perfect Companion 

 

Invest in Aido

We’re designing Aido with all the advanced components and functionality he needs to seamlessly and effectively engage with a broad range of the most common daily needs.

Telepresence & Remote Control Control Aido through an Android/iOS app on your mobile device and perform tasks remotely, whether it’s checking in on your pet while you’re at work, ensuring your home is safe while you’re on vacation, assisting a visiting grandparent in real-time, and more.

Superior Voice Recognition An array of 6 mics enables Aido to understand voice commands even in noisy environments. Ask Aido to take photos, control smart home appliances, and more.

Autonomous Charging Aido features up to 8 hour battery life for stationary use and 2 hour battery life for mobility. A specially-designed charging dock and software lets Aido plug itself in when the battery is low.

Next Gen Mobility Aido balances uses a four point of contact mobility system  and features obstacle recognition and avoidance allowing him to maneuver around complex spaces throughout the house.

Open-Source Aido was built to be compatible with modern development tools to allow as many developers as possible to collaborate with us. Aido uses an open-source platform currently running in the Android and Linux environments

Energy-Saving Save energy and cut utility bills by preventing overheating in the winter or over-cooling in the summer. Monitors appliances that may be wasting energy and make sure lights are switched off when not in use.

Home Appliances & Universal Remote Interface and control more than 10,000 smart home appliances using WiFi, BLE, ZigBee, and Z-Wave. With the universal remote, manage and control your multitude of home appliances including TV, AC, and stereo system.

Lighting Assistance Aido has a collar light below the head which can be used for reading books or other purposes. Aido also has guide lights near the mobile base, useful for providing mobile guidance.

Disclaimer : Aido is a work in progress and features / functionality are subject to change.

Click here to access the 80 Page User Manual / Baseline Functionality Document







From a wildly successful crowdfunding raise ranked second most successful home robot campaign of all time, to securing $188K in Title III investments with 273 investors globally, to perfecting the Aido design across 3 generations of prototyping, the InGen team has accomplished a ton in just a short amount of time.

Watch some of our recent angel investors, previous RegCF investors and leading robotics experts explain why they believe in Aido,  InGen Dynamics and our team.

  


       Download detailed due diligence pack for potential investors here 


Invest in Aido

Notable milestones 


Social Proof Our company and product has been recognized by major associations including IEEE, Boston Consulting Group, and Robo-Business and featured in major global research reports on security and home robotics. Our team was invited by Disney to showcase Aido at their global innovation campus. With > 100000 followers on FB, mailing list and other social media.

Key Partnerships We’ve signed a strategic partnership agreement with LG and have multiple other partnership discussions underway including a leading academic consulting provider and healthcare services firm. 

Patents & IP We’ve filed design patents and have provisional patents with the possibility to expand to 12 patents filed with the USPTO.  

Our patents are prepared by a renowned patent attorney based out of Palo Alto who has practiced law for ten years and has extensive experience drafting and prosecuting patent applications for a number of large companies including Texas Instruments, VMWare, LSI Logic, NVIDIA and NetApp.


Manufacturing & Distribution We’ve signed an agreement with major manufacturers in Germany. We expect to distribute through our online store and the Amazon and eBay marketplaces. We also plan on partnering with big box retailers and Apple/Microsoft stores if there is a product fit.




Featured in major global industry reports worldwide

Source a. Research Report

Source b. Research Report

Funding Allocation - Use of Proceeds


Market Trends

Robotics is at inflection point like the industrial revolution in the early 1900's

Source - a. Roboglobal Industry Report

Source - a. Juniper Research                                               Source - b. Gminsights

Source - c. Cornerstone Capital Group.                            Source -d. RetailWire

Source - d. PS Market Research


InGen Dynamics is positioned to capitalize on a major consumer and business-facing robotics market poised for widespread growth in the days ahead.

The best way to innovate is to bring bright, diverse minds together. Watch this video to learn more about the staff and corporates that are bringing Aido to life.

Industry by the numbers

Growth Drivers

  1. The aging population in the developed countries has been driving the growth of the personal robots market. High disposable income and the need for convenience in the developed countries are boosting the demand of personal robots in the developed countries.
  2. The declining price of personal robots is another major market driver, which is encouraging the budget-conscious customers to purchase them. This is expected to boost the volume sales of personal robots, especially in the developed countries, where a personal robot is only afforded by the higher economic class.
  3. The demand for mobile robots has been increasing due to security concerns. These robots are capable of locomotion and are not fixed to only one physical location. 

Source - a. P&S Market Research


Exit Scenarios

We believe that Aido is a product with a strong upside potential for investors. 

We’ve already received lot of interest from leading electronics and home automation companies. Aligned with our goal is to build an extendable service and domestic robotic technology platform,we envision three potential exit scenarios:

  1. Sell the platform, company, and brand value to a strategic buyer and investors can liquidate their shares.
  2. Evaluate an IPO of securities.
  3. Merge with any other automation integrator and pay investors dividends from profits.

Our Team

The amazing thing about working at InGen Dynamics is that you literally develop technology that can you see come to life inside real Robots. There is nothing like the feeling of seeing your work actually effect  the  experience of people  interacting with such an amazing product. And we are defining the industry with our work.



Be part of the robotics revolution

Dear prospective investor,

Ingen dynamics is now inviting investors who want to take advantage of a company that has already significantly demonstrated validation among both consumers and investors alike. We’ve got a product that we’ve proven is in demand, a business model that investors believe in, and a comprehensive roadmap to growth that will be instrumental in making Aido a business and household name. 

All we need now is the resources to take us to the next level.

The next 5 years will set stage for how robots could fundamentally transform our homes and daily lives. We believe Aido will play a central part in this revolution. With that commitment to the community, we are incredibly excited to be able to raise funds for the next phase of growth through this platform.

Enabling anyone interested to invest in our company and not just the wealthiest investors, is incredibly gratifying and truly encapsulates our company culture. Together we can make a dent in the universe and have a lot of fun along the way.

Early stage investing is not for the faint hearted, but if you want to take a swing for the fences, we would love to take you along for one of the most incredible journey of your life - making history along the way - together.

Your childhood dreams have truly arrived!

Arshad Hisham

Founder and CEO, InGen Dynamics Inc. ( Aido )

Deal terms


Valuation cap

$15,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

10%

If a trigger event for Aido occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$50

The smallest investment amount that Aido is accepting.
Learn more

Maximum investment

$100,000

The largest investment amount that Aido is accepting.
Learn more

Funding goal

$352K

Aido must achieve its minimum goal of $25K before the deadline. The maximum amount the offering can raise is $352K.
Learn more

Deadline
Aido needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by InGen Dynamics Inc. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Aido Crowd SAFE Preferred valution cap Crowd Safe

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Aido.
Invest
$199
Receive
  • Reserve an Aido Mini at a discounted price of $299. Aido Mini comes with all the features except the mobility module. $299 will be collected when the product is ready.
Invest
$500
Receive
  • Reserve an Aido Classic at a discounted price of $699. (Regular price $1500). Aido classic comes with the interactive touch screen, head projector, software, Companion App and, the mobility module. $699 will be collected when the product is ready.
Invest
$1,500
Receive
  • You will receive an Aido Classic version. Aido classic comes with the interactive touch screen, head projectors, software, Companion App and the mobility module.
Invest
$2,000
Receive
  • You will receive an Aido Premium version. Aido premium comes with the interactive touch screen, head projectors, software, Companion App, higher resolution body projector, and the mobility module.
Invest
$5,000
Receive
  • You will receive two space grey Aido Premium version. This comes with the interactive touch screen, head projectors, software, Companion App, higher resolution body projector, and the mobility module.

About Aido

Legal Name
InGen Dynamics Inc
Founded
Jul 2015
Form
Delaware Corporation
Employees
0
Website
aidorobot.com
Social Media
Headquarters
Google Map location of of Aido
2225 East Bayshore Road , Palo Alto, CA
Headquarters
2225 East Bayshore Road, Palo Alto, CA, United States 94303

Aido Team
Everyone helping build Aido, not limited to employees

Profile picture of Arshad Hisham
Arshad Hisham
Founder/CEO
Arshad is an entrepreneur, engineer and an MBA. He’s built hardware firms, published research papers on robotics, and has held senior roles at IBM, the Australian Govt, and Toyota. He is a frequent speaker on robotics ( IEEE,BCG,Robo-Business)
Profile picture of Dr. Chris Danek
Dr. Chris Danek
Advisor
Chris was the Cofounder/CEO of AtheroMed (Acquired by Philips). Prior to that, he was VP, R&D at Asthmatx (acquired by Boston Scientific). Chris has a PhD(Stanford) in Mechanical engineering,a Wharton MBA, and is an inventor on over 60 US patents.
Profile picture of John Grispon
John Grispon
Angel Investor (Pre-Series A) and Advisory Director (Growth and Marketing)
John was Co-Founder and CEO at RespondWell (Acquired by Zimmer Biomet). He is also a highly experienced business growth strategist and a veteran entrepreneur. He was also the first Entrepreneur in Residence (EIR) at ITEN.
Profile picture of Anant  Patil
Anant Patil
Angel Investor (Pre-Series A)
A succesful commodity trader and general manager including a business with $200M+ in turnover. Also did Management & control of risks occurring on Price (physical & futures), Basis, Currency, Credit & Counter-party.
Profile picture of Rajeev Krishnan
Rajeev Krishnan
Angel Investor (Seed)
Accomplished Sales & Marketing professional with over thirteen years of sales management experience. Successful hands on manager.
Profile picture of Sumeendranath R
Sumeendranath R
Consultant Software Engineering/AI
Texas Instruments alumnus with more than 15 years’ experience creating groundbreaking technologies. Also has experience developing AI/software for soccer-based robotics.
Profile picture of Anurag Pal
Anurag Pal
CFO
Anurag is an experienced finance professional with extensive operational, finance and sales, and marketing background. Texas Austin MBA and previous roles including Director at Hewlett Packard.
Profile picture of Aditya Bharti
Aditya Bharti
Robotics Engineer ( Linux )
Computer science engineer, experienced in design and automation of project using SBCs, microcontrollers, sensors & IOT, Published research paper on health treatment through big data analysis.
Profile picture of Dileep PJ
Dileep PJ
Robotics Engineer ( Embedded/ Electronics )
Expert in Robotics , Sensors, Embedded System Development, IoT, Cyber Security, and, Computer Vision. Projects include Surveillance Drone,Semi-Automatic Robotic Car, and, Smart Electric Plug. Publication - Autonomous UAV Quadcopter
Profile picture of Ajeet Kumar
Ajeet Kumar
Android Developer ( Aido )
Computer science engineer specialized in android programing. Knowledge of java programing , php and sql. Working on Aido Applications which help user to make their work easier.
Profile picture of Madan Kumar
Madan Kumar
Robotics Engineer ( Embedded and ML )
Telecommunications Engineer specialised in Embedded Systems and Machine Learning for Robotic applications. Familiar with a wide variety of programing Applications(Python, Android, Linux Scripting, C++, Embedded C, etc), designing Embedded circuits
Profile picture of Vineeta S
Vineeta S
Lead Android Developer ( Aido )
Android Developer with strong knowledge in Java and C. Key skills include Android, Java, C, Android Studio, Camera, Android Application Development, Android SDK, Gradle, Core Java
Profile picture of Gishnu Mohan
Gishnu Mohan
Robotics Engineer ( Electronics )
Proficient in Electronics Manufacturing as QA, Handled a Medical Electronic product "SemiAuto Blood Analyzer Machine". Expert in embedded based product development, and Hands on Experience in C, C++, Embedded C, Arduino, Python.
Profile picture of Sriram Iyer
Sriram Iyer
Robotics Engineer ( General )
Experience include projects such as object detection, object segmentation, and tracking. Also worked on LIDAR and ROS briefly. Proficient in DIP and Control Systems.
Profile picture of Vishwas S
Vishwas S
Robotics Engineer ( Machine Learning )
Mechatronics Engineer who specializes in robotics and embedded control systems. Prior experience in developing computer vision algorithms, modeling kinematics for robots and designing embedded circuits for motion control.
12 more team members
Arshad Hisham
Founder/CEO
Dr. Chris Danek
Advisor
John Grispon
Angel Investor (Pre-Series A) and Advisory Director (Growth and Marketing)
Anant Patil
Angel Investor (Pre-Series A)
Rajeev Krishnan
Angel Investor (Seed)
Sumeendranath R
Consultant Software Engineering/AI
Anurag Pal
CFO
Aditya Bharti
Robotics Engineer ( Linux )
Dileep PJ
Robotics Engineer ( Embedded/ Electronics )
Ajeet Kumar
Android Developer ( Aido )
Madan Kumar
Robotics Engineer ( Embedded and ML )
Vineeta S
Lead Android Developer ( Aido )
Gishnu Mohan
Robotics Engineer ( Electronics )
Sriram Iyer
Robotics Engineer ( General )
Vishwas S
Robotics Engineer ( Machine Learning )

Press

Ready For Social Robots?
Semiconductor Engineering
·
Aug 22, 2017

Companies rev up new technologies, but it's still unclear how successful they will be. After years of steady growth, inno...

When Will Humanoid Robots Enter Our Homes and Transform O...
Futurism Futurism
·
Jun 1, 2017

Humans have long been fascinated with the idea of robots made in our own image. Isaac Asimov imagined a futuristic world ...

Artificial Intelligence Robots That Can Either Be A Frien...
Daily Disruption Daily Disruption
·
Mar 31, 2017

With the current advent of technology, human beings are forming a bond with robots. However, some people are wary of the ...

5 ways to use AI in your own home
Popular Science Popular Science
·
Mar 23, 2017

Artificial intelligence promises to change our lives in a multitude of different ways, from driving our cars to diagnosin...

InGen dynamics unveils 'aido', a balancing smart-home robot
designboom | architecture & design magazine designboom | architecture & design magazine
·
Jan 6, 2017

dubbed an 'interactive personal home robot', aido aims to take home connectivity to the next level, becoming an indispens...

The Best Robots You Can Buy Right Now - Culture | MERRY JANE
MERRY JANE MERRY JANE
·
Dec 15, 2016

If you've caught up on Westworld or Black Mirror 's newest seasons, you've probably also considered how you can become th...

Watch out Alexa, rivals are angling for your job - The Bo...
BostonGlobe.com
·
Sep 22, 2016

How many job openings does your household currently have for robots or devices with artificial intelligence? Today, you c...

This friendly robot wants to become a part of your family
Mashable Mashable
·
Aug 27, 2016

The Aido robot is a friendly, interactive home assistant that features voice activation, a multimedia projector, and smar...

The smart robots about to invade your home
T3
·
Jun 24, 2016

The idea of a helpful home-based humanoid robot isn't new, but in the last year or so we've seen a rush of these types of...

Aido is pretty much the robot they promised everyone back...
The Next Web The Next Web
·
Mar 8, 2016

My mom has only one story about robots - and it's that back in the 50s when she was tiny, kids were promised that in the ...

Aido home robot plays with kids and controls smart applia...
SlashGear SlashGear
·
Mar 8, 2016

Aido is a new personal robot that has turned up at Indiegogo and looks a bit like Wall-E's girlfriend Eve if she were muc...

From Roombas to Rosie - Engineering Domestic Robots > ENG...
Engineering Engineering

Proving that our distaste for household chores knows no bounds, people have been dreaming about robots that can do our ho...

Aido Wants to Be Your Next Household Robot > ENGINEERING.com
Engineering Engineering

Aido was developed by Ingen Dynamics in Palo Alto to be the next generation of home robots. The company launched the robo...

This Is the Scariest Indiegogo Campaign You Will Ever See
Fortune Fortune

If you were already nervous about the A.I. revolution, there is a campaign on Indiegogo right now that will convince you ...

IoT Revs-Up NASCAR, A Loony Machine Learning Bet In India
Forbes Forbes

Video This is Change Log - my semi-weekly observations and links on the intersection of tech, commerce, health, culture a...

Show all

FAQ

Why do you list finishing your first round of Crowdfunding in 2017, IndieGoGo says 2016

Why do you list finishing your first round of Crowdfunding in 2017, IndieGoGo says 2016

We are using the date that perks officially sold out as the final date of our initial Crowdfunding experiences. This date was provided by IndieGoGo, the funds were collected in Q1 & Q2 of 2016.

How much is the minimum investment?

How much is the minimum investment?

The minimum investment amount for InGen Dynamics is $50.00.

What are the challenges being faced in the Mobility part ?

What are the challenges being faced in the Mobility part ?

We do have a single working version of the mobility unit that was developed ( As second generation ). We are still ironing out the issues and expect this to get ready only by First Quarter of 2018. However, we have completed detailed mathematical modeling for the component.

What is the company structure ? Do you have consultants working from outside US?

What is the company structure ? Do you have consultants working from outside US?

We have a significant number of full time employees. Close to 15 are working with our Bangalore ( India ) based research and development center. This is a competitive advantage for us. Allowing us to pivot, rapidly come out with product iterations while keeping the Burn Rate low. Our India based center recruits only the best with experience and background in core Robotics.

Why has the IndieGoGo Shipping been delayed?

Why has the IndieGoGo Shipping been delayed?

Robotics projects are complex and involves integrating software, mechanical, hardware and third party Artificial intelligence modules. Most of the crowdfunded robotics projects are delayed - and this is one of the reasons we provide only estimated shipping dates. Aido is a very complex product, However, we have made great progress as seen by the recent investor confidence, and product progress.

How easy is it to set up and use Aido?

How easy is it to set up and use Aido?

You can quickly setup Aido through its mobile companion app. We aim to make Aido simple to setup and use.

Who is Aido designed for?

Who is Aido designed for?

Aido is designed for everyone: Adults, Kids, Seniors, Families, Geeks and Developers.

Do I need to provide any documents to invest?

Do I need to provide any documents to invest?

No, you do not need to provide any separate documents in order to invest. Just provide the information required by the online forms on Republic.

Can I invest?

Can I invest?

Yes, anyone can invest. In a departure from previous investment rules, the SEC now permits Regulation CF offerings to take on investors who are unaccredited as well as accredited investors. If either of an investor’s annual income or net worth is less than $100,000, then the investor’s investment limit is the greater of:

  • $2,000 or
  • 5 percent of the lesser of the investor’s annual income or net worth.
    • If both annual income and net worth are equal to or more than $100,000, then the investor’s limit is 10 percent of the lesser of their annual income or net worth.
    • During the 12-month period, the aggregate amount of securities sold to an investor through all Regulation Crowdfunding offerings may not exceed $100,000, regardless of the investor’s annual income or net worth.
Still have questions? Check the discussion section.
Show all FAQ

Discussion

Ask questions and share feedback with the Aido team below. If you have support related questions for Republic, please contact investors@republic.co.
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Investments in private companies are particularly risky and may result in total loss of invested capital. Past performance of a security or a company does not guarantee future results or returns. Only investors who understand the risks of early stage investment and who meet the Republic's investment criteria may invest.

Neither OpenDeal Inc., OpenDeal Portal LLC nor OpenDeal Broker LLC verify information provided by companies on this Site and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Site can be found by searching the EDGAR database, or the offering documentation located on the Site when the offering does not require an EDGAR filing.

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. Therefore, when you use the Services we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license, passport or other identifying documents.

Republic and its affiliates are not and do not operate or act as a bank. Certain banking services are provided by BitGo Trust Company, a South Dakota-chartered trust company and registered money services business. BitGo Trust Company is not an FDIC member. Digital (crypto) assets and investment products are not insured by the FDIC, may lose value, and are not deposits or other obligations of BitGo Trust Company and are not guaranteed by BitGo Trust Company. Terms and conditions apply.

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