Theai, Inc.
Mountain View, US · Founded 2021 · Delaware corporation · 2 known investors
Theai, Inc., doing business as Inworld AI, offers a developer platform for creating AI-powered virtual humans.
Also known as Inworld AI
Founders & leadership
Theai, Inc. was founded in 2021 by Mikhail Ermolenko and Ilya Gelfenbeyn.
Investors · 2
Reported raises · per SEC filings
Form D private placements$99.1M disclosed across 3 rounds · 2022–2023
▶$35.6MraisedAug 2023 · 5 investors · Other TechnologyRule 506(b)
- Mikhail ErmolenkoExecutive Officer, Director
- Wesley TilluDirector
- Ilya GelfenbeynExecutive Officer, Director
- Artem GoncharukDirector
- Moritz Baier-LentzDirector
- Offering amount
- $80.1M
- Amount sold
- $35.6M
- First sale
- Jun 2023
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$43.7MraisedJul 2022 · 12 investors · Other TechnologyRule 506(b)
- Mikhail ErmolenkoDirector
- Wesely TilluDirector
- Artem GoncharukDirector
- Moritz Baier-LentzDirector
- Ilya GelfenbeynExecutive Officer, Director
- Offering amount
- $53M
- Amount sold
- $43.7M
- First sale
- Jul 2022
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$19.8MraisedApr 2022 · 34 investors · Other TechnologyRule 506(b)
- Mikhail ErmolenkoDirector
- Ilya GelfenbeynExecutive Officer, Director
- Artem GoncharukDirector
- Offering amount
- $21.1M
- Amount sold
- $19.8M
- First sale
- Feb 2022
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Theai, Inc. is a Mountain View, California software company that does business as Inworld AI. It provides a developer platform used to create AI-powered virtual humans for immersive realities, and it serves customers worldwide.
The company is registered at 1975 West El Camino Real, Suite 300, Mountain View, CA 94040. Between April 2022 and August 2023 it reported three separate equity-only offerings to the SEC under Regulation D exemption 06b, together totaling roughly $99.1 million sold.
Business model
Theai, Inc. operates a developer platform product, offered to developers building AI-powered virtual humans for immersive realities.
Traction
Reported equity offerings totaling approximately $99.1 million sold across three SEC filings dated April 2022, July 2022 and August 2023.
▸Full profile — market position, technology, go-to-market, geography
Market position
Positioned in the AI and gaming software segment as a provider of virtual-human creation tooling for developers.
Technology
A developer platform for creating AI-powered virtual humans intended for use in immersive realities.
Go-to-market
Developers and companies building immersive experiences, including in AI and gaming; the company serves customers worldwide.
Geography
Headquartered in Mountain View, California, with customers served worldwide.
Compiled by commissioned research from 3 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 3
launches, deals, and filingsNew equity-only Form D filing reporting $35,599,965 sold under exemption 06b.
$35.6M source ↗
New equity-only Form D filing reporting $43,671,877 sold under exemption 06b.
$43.7M source ↗
New equity-only Form D filing reporting $19,844,959 sold under exemption 06b.
$19.8M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structure▸Research sources · 3
primary sources listed
- Theai, Inc. - fund raising filingformds.com · web
3 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Theai, Inc. do?
- Theai, Inc., doing business as Inworld AI, offers a developer platform for creating AI-powered virtual humans.
- Who founded Theai, Inc.?
- Theai, Inc. was founded by Mikhail Ermolenko, Ilya Gelfenbeyn in 2021.
- Who are Theai, Inc.'s investors?
- Theai, Inc.'s investors include NTT DOCOMO Ventures, Bitkraft Esports Ventures.
- How much funding has Theai, Inc. raised?
- Theai, Inc. has disclosed $99.1M raised across 3 rounds.
- Where is Theai, Inc. headquartered?
- Theai, Inc. is headquartered in Mountain View, US.