CORI Innovation Fund makes Opportunity Zone investment in Sho.AI Inc.
HARTLAND, Vt. — Today, the CORI Innovation Fund (CIF) announced an investment in Sho.AI Inc. (Sho), a provider of AI-enabled software solutions for brand creation and management. CIF is a Qualified Opportunity Fund that invests in high-growth technology companies supporting job creation and revenue generation in small towns across America.
The fund is pleased to support Sho, based in Cape Girardeau, Missouri, a community that is part of the Center on Rural Innovation’s Rural Innovation Initiative. Sho is expanding to new offices in an area of Cape Girardeau designated as an Opportunity Zone under the 2017 Federal Tax Cut and Jobs Act.
“Sho’s impressive team has created an elegant and scalable solution to provide world-class branding capabilities in an efficient and affordable SaaS platform,” said Jay Bockhaus, Managing Partner of CIF. “We are very pleased to support the company’s continued growth in Cape Girardeau, a community that is part of the Rural Innovation Initiative.”
Sho offers an AI-enabled digital platform to create and deliver a unified brand presentation for customers across all marketing channels. The company’s team of designers, coders, and storytellers has created a brand management system that allows simple and instantaneous updating and implementation of the business’s brand elements to all stakeholders. Sho generates recurring revenue by charging monthly or annual subscription fees for storage, administrative platform access, support, analytics, and file conversion.
CEO Sho Rust states, “At Sho, we believe every company, large or small, should have the opportunity to clearly communicate their brand to the world. We are excited to partner with the CORI Innovation Fund to expand the distribution of our AI solutions to an ever-growing universe of agencies and businesses.”
Sho.AI provides autonomous software designed to scale businesses by improving brand audits, playbook-driven workflows and the smart integration of content using AI and machine learning. Sho.AI was created to level the playing field in an increasingly complex world of brand management. Proven brand systems are cost prohibitive to many businesses. This digital agency has created an affordable and enhanced brand system that continuously updates, customizes and seamlessly allows companies to share assets and guidelines for a trusted brand experience. For more information visit www.Sho.AI.
About the CORI Innovation Fund
The CORI Innovation Fund (CIF) invests in growth businesses located in Qualified Opportunity Zones in the United States to enhance economic growth and job creation in small communities. CIF seeks out attractive technology-enabled operating businesses in rural geographies that are under-served by traditional venture capital institutions and identifies, funds, and supports the best tech entrepreneurs American small towns have to offer. For more information visit www.corifund.com.
About the Center on Rural Innovation
The Center on Rural Innovation (CORI) is a dynamic social enterprise solving America’s rural economic crisis by empowering small towns to build thriving digital economies. CORI’s three major initiatives form a comprehensive approach to catalyzing the digital jobs that drive sustainable economic success: the Rural Innovation Network, made up of 20 small communities nationwide dedicated to digital economic development; the Rural Opportunity Map, which incorporates hundreds of datasets to highlight promising rural areas; and the CORI Innovation Fund, which provides needed capital to innovative but underserved rural entrepreneurs. For more information visit www.ruralinnovation.us.