Gradi, Inc. Q2 + July 2024 Investor Update

Hello everyone,

Below are the updates for Q2 + July 2024,

Gradi Consumer App:

• Gradi (Consumer App) Rebuild/Relaunch (Development):

  • Implemented Google Places API for location recognition and selection for image uploads

  • Implemented image recognition API for AI to label item content attributes (In progress)

  • Integrated with Google Gemini AI model to understand image upload details:

    • Item Name

    • Description

    • Calories Information

  • Identified a hashing process to compare images of existing menu items at the location and return related images to the user

  • Created a server interface for search

  • Sign-in / Sign-on Pages (In-Progress)

  • Image/Menu-Item Upload Process (In-Progress)

• Gradi (Consumer App) Rebuild/Relaunch (UI/UX Design):

  • Explore Page Design (Completed)

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  • Image/Menu-Item Upload Process (Completed)

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  • Search Filters + Sort (Completed)

    
    

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  • User Profile Page (In-Progress)

Gradi Menus:

• All-Time Menu Visits: 926,000+ (10% Growth)

• Redirected all Gradi menus from Gradiapp.com domain to the new Gradimenus.com domain: Example: https://gradimenus.com/menu/fabians

• Rebranded the Gradi menu MVP to Gradi Menus to keep separate from the consumer app

• Fixed various bugs that were limiting new account signups, etc

• Implemented a feature to turn ads on or off for particular locations. New menu pricing (ad-free) tier coming soon.

• Rebranded the Gradi Partner app to Gradi Menus for both iOS (Live) and Android

• Redesigned Gradi menus to be desktop friendly and responsive (Live)

Team:

• Engineering:

  • We have brought on 2 additional engineers to work under Bharath our CTO. Please welcome Praveen and Luat! They've both agreed to be paid in vested equity.

    • Praveen (Android Engineering Lead):

      • Has worked at DoorDash, OKX

      • Lives in San Jose, California (Silicon Valley)

      • Specializes in Android development

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    • Luat (iOS Engineering Lead):

      • Has worked at JP Morgan Chase & Co

      • Lives in Plano, Texas

      • Specializes in iOS development

      • Already has working experience with Bharath (CTO)

• Business Development:

  • We have brought on Ryan, who will be leading the Gradi Menu sales, and Gradi Menu product operations. He has agreed to be paid in commission plus vested equity.

    • Ryan (Sales Manager):

      • Has over three years of experience in sales and sales management in the solar industry, where his has generated over $1.1 million in contractual revenue

      • Is starting his 4th year at Texas Tech, studying "Media Strategies & Advertising"

      • Is the "Public Relations Chair" for the PIKE (Pi Kappa Alpha International Fraternity)

General:

• Registered a new business address (Virtual):

  • 2929 Allen Parkway, Suite 200 PMB 1017 Houston, TX 77019

• Current Gradi, Inc., Organizational Chart:

Goals for 2024:

• Introduce consumer profiles which will allow users to take and upload pictures of their menu item(s) to both of the Gradi Consumer Apps (iOS & Android)

• Launch Gradi Consumer App for Android (In the works) (Estimated Target Launch Date: October 1st)

• (NEW) Rebuild the 'Gradi Menus' website, focusing on enhancing customer journeys, creating product demos, and ensuring resource accessibility for all new and future subscribers.

• (NEW) Grow Gradi Menus sales team

• Implement Google Ads on Gradi Consumer App for Android

• Begin paying users for the content (menu item photos) that they contribute

• Scale Gradi Consumer App to users all across Texas (No QR Code Menus Needed)

• Increase Revenue & Profitability

Please reach out if you have any questions or concerns.

Thank you.

Sincerely,

Zachary Dowthitt

Chief Executive Officer

(C) 713.854.1627