- Source: inbox/archive/2026-03-03-futardio-launch-milo-ai-agent.md - Domain: internet-finance - Extracted by: headless extraction cron (worker 2) Pentagon-Agent: Rio <HEADLESS>
1.9 KiB
| type | entity_type | name | domain | status | founded | platform | tracked_by | created | key_metrics | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| entity | company | MILO AI Agent | internet-finance | failed | 2026 | futardio | rio | 2026-03-11 |
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MILO AI Agent
MILO is a mobile AI real estate agent built for the Charleston, Berkeley, and Dorchester County markets in South Carolina. Created by founder Nathan Wissing, MILO combines zoning intelligence, permitting expertise, and transaction support into a hyper-local real estate tool. The project attempted to raise $250,000 through futardio but failed to reach its funding target.
Overview
MILO positioned itself as a localized AI real estate assistant with deep knowledge of South Carolina's Lowcountry market. Core capabilities included listing generation, zoning and parcel intelligence, permitting process explanation, deed document analysis, calendar automation, client communications, and document creation. The value proposition targeted real estate agents earning $150,000+ annually at a $115/month subscription price point.
Timeline
- 2026-03-03 — Launched fundraise on futardio with $250,000 target
- 2026-03-04 — Fundraise closed with only $200 committed (0.08% of target), status: refunding
Market Context
The project identified Trident MLS (South Carolina) with 7,000+ active agents as the initial market. Revenue projections ranged from $276,000 ARR at 200 users to $1.38M ARR at 1,000 users. At launch, MILO was in Alpha testing with a 15-person waitlist.
Relationship to KB
This launch demonstrates the high failure rate and capital efficiency of futarchy-governed fundraising, where projects that fail to attract market confidence are immediately rejected rather than consuming capital through traditional funding rounds.