Alelo Launches Crowdfunding for Remote Training Products - MS&T

Alelo Launches Crowdfunding for Remote Training Products

Alelo is launching an Equity Crowdfunding offering that will help support its remote training products at a time of fast-growing demand as a result of COVID-19-related social distancing measures and closures.

Alelo is an artificial intelligence (AI) avatar-based simulation training company that develops government and academic applications. The need for social distancing due to the COVID-19 pandemic is driving demand for effective online learning solutions, so the company is now expanding its global offerings for corporate training and hiring. Equity crowdfunding gives companies an opportunity to raise money from the public while investors can own shares in companies they believe in and want to support.