€1.2M-1.5M to Launch the Pilot
A conversation opener for investors who understand deep tech timelines. Private AI for regulated professionals is an underserved market with 10M+ EU practitioners blocked from cloud solutions.
Beachhead: Romania
Validation market for knowledge professionals who refuse cloud AI
Target Segments
| Segment | Professionals | Source |
|---|---|---|
| Lawyers & Notaries | ~30,000 | UNBR, UNNPR 2024 |
| Psychologists & Therapists | ~35,000 | CPR 2025 |
| Accountants & Tax Advisors | ~40,000 | CECCAR 2024 |
| Physicians (Total) | ~72,000 | INS 2023 |
| Total Regulated Professionals | ~177,000 |
Why Romania first: High-friction environment — bureaucratic, paper-heavy, degraded scans. If we handle Romanian documents (court filings, therapy notes, tax records), Western European documents are easy. Plus: founder proximity for zero-telemetry product development.
Why Italy Second?
Italy has the largest population of solo knowledge professionals in the EU. Nearly 400K regulated professionals in legal + mental health alone. The majority are in family-based practices — exactly our ICP.
2026 Projections
| Scenario | Units | Revenue |
|---|---|---|
| Conservative (RO only) | ~250 | €500K-600K |
| Base case (RO + Italy) | ~400 | €800K-950K |
| Stretch (full Italy rollout) | ~580 | €1.16M-1.4M |
The Romance Language Corridor
RO → IT → ES → FR before Germanic markets
Pack adaptation flows naturally through related legal systems. Same hardware. Same software. Different Knowledge Pack.
Hardware + Packs + Updates
| Revenue Stream | Pro (AGX 64GB) | Timing |
|---|---|---|
| Device + Knowledge Pack | €3,999 | One-time |
| Sovereign Update | €120/year | Optional after Year 2 |
Unit Economics (Projections)
Lifetime Value Analysis
| Year | Revenue Source | Pro (AGX) |
|---|---|---|
| Year 1 | Initial purchase | €3,999 |
| Year 3 | Hardware upgrade (typical) | €3,899 |
| Year 3-5 | Sovereign Updates (3 years) | €360 |
| Year 5 | Second hardware upgrade | €3,799 |
| 5-Year LTV | Total | €12,057 |
Revenue Mix Projection (Year 3)
Path to Recurring Revenue
By Year 3, the installed base generates predictable service revenue. Per 1,000 deployed devices:
- Update renewals: ~€84K/year (0.70 × €120 × 1,000 devices)
- New Pack sales: ~€30K/year (illustrative; depends on new Pack releases)
- Total recurring: ~€114K/year per 1,000 devices
At 1% penetration by Year 3 (~100,000 devices), that’s ~€11.4M/year recurring (same assumptions).
The hardware sale is the wedge. The Pack ecosystem is the flywheel.
Three Options Today - Plus Us
| Option | Private? | Affordable? | Turnkey? | For Solos? |
|---|---|---|---|---|
| Consumer Cloud AI | ✗ | ✓ | ✓ | ✓ |
| Specialized Legal SaaS | ✗ | ✗ | ✓ | ✗ |
| Private Cloud Compute | ✗* | ✗ | ✗ | ✗ |
| Local AI Hardware | ✓ | ✗ | ✗ | ✗ |
| Inteligentia | ✓ | ✓ | ✓ | ✓ |
Local AI Hardware: Why We're Different
| Typical Local AI | Inteligentia | |
|---|---|---|
| Model | Monthly subscription | One-time purchase |
| Ownership | Ongoing payments | You own it forever |
| Target | Teams & enterprises | Solo practitioners |
| Setup | Configuration required | Plug in, query, done |
| Knowledge | Bring your own | Pre-loaded Pack |
Most local AI solutions target
teams who want infrastructure.
Inteligentia is for professionals who just want
answers.
The Ownership Advantage
| Lemony.ai | Inteligentia | |
|---|---|---|
| Pricing | $499/month | €3,999 one-time |
| 3-Year Cost | ~$18,000 | €3,999 |
| Target | Teams (5-500 users) | Solo practitioners |
| Ownership | Subscription | You own it forever |
We sell intelligence you own. They sell a service in a box.
Funding Tranches
| Tranche | Amount | Unlocks |
|---|---|---|
| Angel | €200K-400K | First hire, 50 pilots |
| Pre-Seed | €800K-1M | Platform, 200 units |
| Full Round | €1.2M-1.5M | + Italy expansion |
What We'll Prove
"Airplane Mode Test" with real documents
25 units to Romanian lawyers
>50% retention, NPS > 30
250+ units, €500K+ revenue
Capital Allocation
The Evolution of the "External Brain"
Standalone desktop appliance. Ingests documents, answers questions safely. First "Safe Harbor" for digital knowledge.
Local server for your practice. Connects to laptop, phone, drafting software. Drafts documents. Mimics your writing style. Remembers the case from 3 years ago.
Embedded compute module. Standardized core that slots into laptop, car, or home server. You carry your "Digital Soul" physically.
Today, your AI intelligence is rented from OpenAI. Stop paying, lose your brain. Get banned, lose your brain.
Inteligentia is the iPhone model. You buy it. You own it. It holds your secrets. Internet goes down? Still works.
The floor is a profitable niche hardware business.
The ceiling is infrastructure for private professional AI.
Security & Verification (Technical)
Technical notes for investors and security reviewers. The public Security page focuses on the non-technical proof checks.
Architecture
- Air‑gapped SKU: no Wi‑Fi / Bluetooth / cellular / Ethernet
- USB‑C data interface + separate power
- Full‑disk encryption: LUKS with TPM‑bound key material
- TOFU ownership: first user becomes owner (no accounts)
- Duress / panic erase: overwrite LUKS header (data becomes unrecoverable)
Updates & Audit
- Signed update bundles fetched by companion app
- Signature verified on host and on device
- Updates transferred over USB; device never touches the internet
- Deterministic builds + hash verification for provenance
- No telemetry pipeline by design
Proof protocol: Airplane Mode Test + Privacy Card checklist.
Team & Hiring Plan
Mihai Cvasnievschi
Founder & CEO
- 25 years software development
- 10 years production ML/AI
- Built distributed inference on embedded hardware
- Led 60+ person engineering orgs
- Based in Bucharest (on the ground in beachhead)
Risk-to-Hire Mapping
| Risk | Hire |
|---|---|
| Edge inference | Embedded Systems Engineer |
| Pack production | ML Engineer |
| Verification UX | Full Stack Engineer |
| Channel dev | BD Lead |
Key Hires
We’re hiring across embedded systems, ML, full-stack, and business development to ship the pilot and scale Knowledge Packs.
Let's TalkWhy Have This Conversation
1. Problem is real
10M+ EU professionals blocked from AI by compliance
2. Solution is tangible
Hardware in hand, stack validated
3. Timing is now
Edge AI crossed threshold; regulation tightening
4. Demo sells itself
"Airplane Mode Test" is 90 seconds of proof
5. Team can build it
25 years of exactly this stack
6. Platform scales
New verticals in 8-12 weeks post-launch
7. Market underserved
Cloud giants won't serve solos
8. UX is the moat
No models, no workflows - just answers
9. You own it forever
No subscription kill switch. Your intelligence, your asset.
We're not asking you to fund a vision.
We're asking you to watch us prove it - and decide if you want in.