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Machine learning company Gravity Jack announced the Investobot Chatbot for potential investors who are considering investing in Gravity Jack.
Spokane, Washington-based Gravity Jack is the longest-running augmented reality (AR) and computer vision company. It developed AI on the heels of announcing their upcoming video game WarTribe of Binyamin.
Investobot is an AI-powered data room that utilizes conversational AI technology to provide investors with an intuitive platform to ask questions and gain insights about investment in Gravity Jack and WarTribe of Binyamin.
“We believe that Investobot will redefine the way investors interact with potential opportunities,” said Luke Richey, founder and chief visionary officer of Gravity Jack, in a statement. “Our goal is to provide investors with a seamless and informative experience on our raise, ultimately fostering greater confidence and trust in the investment process.”
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Investobot comes as Gravity Jack embarks on a $3.5 million raise to fund their groundbreaking project, WarTribe of Binyamin, a mobile game that combines AR and AI to radically transform the gaming industry and make a profound impact on society.
“Investobot is currently solely for due dilligence on our company,” said Richey in an email to GamesBeat. “It answers questions about Gravity Jack and the current raise we are in. We will be partnering with a law firm in Silicon Valley (TBA) so they can also use it for other offerings because it cuts so much time down in due dilligence.”
He said the inspiration for creating it was that the team has been through a raise before and due dilligence often takes too long, where you end up answering the same questions over and over. He said he was amazed nobody else had done it yet.
“Raising for a game right now is hard even when you have Nolan Bushnell as a driving force, a team with experience making billions in games… we needed something bold to get attention,” he said.
With Investobot, investors can engage in real-time conversations, ask questions, and receive detailed responses about the investment opportunity without scheduling a meeting, traveling, or carving out time in busy schedules.
“In this investment environment it has been hard to get investor attention, so we decided to do something nobody has. At Gravity Jack, AI isn’t just a buzzword; it’s a cornerstone of our innovation,” added Richey. “Investobot was so fun to make. We are proud to introduce the first data room as an AI, designed to streamline the investment process we are in now and empower our potential investors with unparalleled insights.”
Not to be confused with VDRs (virtual data rooms), that serve as static repositories of documents and information, Investobot employs machine learning algorithms to provide investors with a dynamic and interactive “chatroom” style environment. Investobot makes the process of accessing and analyzing investment information more intuitive and efficient by using natural language processing, instead of requiring manual navigation like VDRs.
Gravity Jack’s track record of innovation and expertise in AR, AI, and computer vision position them as leaders in the field. With Investobot, they continue to push the boundaries of technology, empowering investors and driving meaningful change in the investment landscape.
Gravity Jack has 19 employees and it has raised $1 million to date.
