Eliza. PBC
Seed · July 2026 · Confidential

An assistant you own,
that gives you your time back.

Eliza PBC is the company behind elizaOS — an MIT-licensed, local-first agent OS that runs on the user's own hardware. Cloud optional, never required.

$2.0M post-money SAFE $12M cap · ~17% ~24 mo runway Fully remote DE PBC · Aug 2026

The Ask

Raise
$2.0M
Burn
~$65k/mo
Runway
~24 mo
Contracted
$100k
Fully remote — no office; each hire covers their own equipment.
Use of funds (~24 mo)$%What it buys
People (5 → 7)$1.4M70%Ops, BD / rollout, growth & marketing — $10k/mo each
Infrastructure$0.4M20%AI inference, cloud hosting, model routing
Formation, legal & reserve$0.2M10%DE PBC formation, counsel, buffer

Why It Wins

Eliza — the app — is a proactive agent that initiates: it transcribes, takes notes, schedules, reminds, triages, and closes loops, and works fully offline. elizaOS is already one of the most active open-source agent projects in the world; this round scales the commercial engine on top of it.

Built-in distribution

A large open-source community and plugin ecosystem the Company didn't have to buy — compounding, near-free go-to-market and developer trust.

Incumbents can't follow

Local-first, private, and ad-free — a position Big Tech can't take without breaking its own business model. On-device inference keeps free users nearly free to serve.

We own the upside

Eliza PBC owns the commercial product — cloud, premium tiers, apps, and hardware. Clean cap table, no legacy overhang.

Premium tiers usage-governed to ~35% gross margin. Revenue lines: subscriptions, hardware, marketplace, and enterprise.
TierPriceWhat it is
Free$0Full local experience: the Eliza app, on-device models, voice
Plus$16/moAlways-on cloud agent, sync, hosted routing
Pro$100/moFrontier routing, expanded memory, parallel agents
Max$200/moDedicated persistent agent environment
Family$29/moUp to six members, caregiver configuration

Market

One agent, three markets in sequence — win the home, then the office, then the enterprise.

1 · Now — B2C

Caregivers and adults with executive-function needs — 15M+ diagnosed US adults, ~30M caregivers — where Eliza runs as an always-on home device. Marketed in wellness terms only. This is the beachhead.

2 · Next — B2B

The office assistant, a new category: transcription, note-taking, meeting capture, and proactive PA work, private on-device. Knowledge workers already pay for point tools; Eliza replaces the stack. ~$20/mo anchor; 100k seats ≈ $20M+ ARR.

3 · Then — B2E

Enterprise intelligence: certified builds, confidential-compute deployments, and org-wide agent intelligence on the same local-first core — the foundation laid by the Alpha Compute pilot.

Hardware

The B2C wedge includes an always-on home device — Eliza on dedicated silicon, private by default.

Eliza Home
$199
Gross margin
35%

Cap Table & Team

Fully diluted at formation. No SAFEs, notes, warrants, options, or side letters exist beyond the one founder SAFE below.
HolderStakeNotes
Shaw Walters — Founder & CEO25%10:1 supervoting, four automatic sunsets; 6-yr vesting, 22% vested at signing
Nubs — Co-founder25%6-yr back-weighted vesting, 1-yr cliff
Shadow — Co-founder25%6-yr back-weighted vesting, 1-yr cliff
Evergreen pool20%Options / RSAs
elizaOS Foundation5%Non-voting
Team — 5 → 7

Fully remote ops and go-to-market — ops, BD / rollout, growth & marketing — at $10k/mo each, on the founding engineering core and the open-source contributor community. Co-founders build under long-standing handles; legal names and KYC run through counsel pre-close, available under confidentiality.

Founder SAFE — $250k

Held by Shaw as documented consideration for personally assigned pre-formation assets. Behaves like capital — no vesting, no special rights — and converts alongside the seed at the next priced round.