AI Box

Amazon became a trillion-dollar company by creating a marketplace that enables customers to buy almost anything.

AI Box aims to create a similar marketplace for everything related to Artificial Intelligence.

This company is developing an AI app builder and marketplace. With the app builder, creators can link multiple AI models together to create unique AI-related technologies and applications. They can then share and monetize their creations through AI Box’s marketplace, where users can discover and harness industry-specific AI apps.

According to Grand View Research, the market for AI is already at $196 billion. And it’ll be worth nearly two trillion dollars by 2030.

But right now, professionals have no way to develop and monetize AI tools. Time and cost are significant barriers. Meanwhile, companies find it hard to discover and access AI solutions they need. There’s no unified platform to solve these challenges. But that’s what AI Box is working on.

The company’s app builder and marketplace will accomplish two things:

1. It will enable access to AI by allowing users to easily build and monetize AI apps.
2. And its marketplace will facilitate the discovery of new AI tools.

As mentioned, the app builder will enable users to link multiple AIs, and soon even different types of software. Once their creation is complete, they’ll have the chance to publish it on the marketplace or keep it private. Now creators can share their tools and monetize their hard work.

AI Box’s team is still developing the builder and marketplace. A beta launch is slated for Q1 2024. In the meantime, the company has a podcast hosted by its CEO, which ranks among the Top 10 Business News podcasts. The waitlist for its marketplace includes 2,500 companies and individuals, including those from Ally Bank, KPMG, FedEx, and Google. AI Box also publishes an AI-related newsletter, which is read by subscribers from Microsoft, Amazon, Salesforce, Cisco, and McKinsey.

Once launched, AI Box will be available through tiered subscriptions. The more expensive the subscription, the more features and access the user will have. Tiers will start at fifteen dollars per month and reach to more than $2,000 per month. AI Box expects the average monthly spend per premium user to be seventy-eight dollars. Additionally, creators will earn royalties when other users use their tools.

With funds raised, AI Box will expand its team and continue developing its builder and marketplace. An estimated launch is set for 2025, at which point the company projects to bring in twenty million dollars in revenue within its first year.

Team Background

Jaeden Schafer - Co-Founder & CEO

Jaeden is a serial entrepreneur who has successfully built and scaled AI startups.

He began his career in digital marketing, working for a pair of travel-related companies. He then became Chief Marketing Officer with Seek Spot, a media company highlighting locally-owned businesses.

More recently, he was a business-marketing consultant and later became a marketing-program manager with the Institute for Supply Management, the latest supply-management association in the world. From there, he co-founded Selfpause, a mobile platform offering users health and wellness tips.

In addition to his role with AI Box, Jaeden hosts popular podcasts “AI Chat,” “AI Applied,” and “AI Hustle.” These podcasts have more than two million annual listeners. He holds a Bachelor’s degree in Marketing from BYU-Hawaii.

Jillian Schafer - Co-Founder & CPO

Jillian is an entrepreneur and computer scientist.

Prior to her role with AI Box, she was CEO and Chief Product Officer (CPO) with Selfpause, the mobile-wellness platform co-founded by Jaeden Schafer. Before that, she was a frontend-web developer at Brigham Young University - Hawaii. She began her career as a project manager with Fiund Consulting, managing website-development projects and marketing campaigns.

Jillian earned her Bachelor’s degree in Computer Science from BYU-Hawaii.

Ben Pierson - Co-Founder & CTO

Ben is a full-stack developer with more than a decade of experience creating technical solutions. He has specific expertise with coding-related challenges.

Co-Investors