afocusedpath
Early Stage
afocusedpath is the social media platform for getting you involved in education!
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
01/03/2021
Close Date
04/01/2021
Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$5,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/17/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2018
Industry
Education, Training, & Coaching
Tech Sector
EdTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
afocusedpath, with a $5 million valuation cap, is raising funds on Wefunder. It is a social media platform for family, parents, close friends, past teachers, and other supporters to stay involved in a child’s education. The platform creates an online educational village for children and allows everyone concerned to become a participant. Roderick DeBerry founded afocusedpath in 2018. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used for social media marketing, hiring sales and marketing employees, and upgrading computer and office equipment. afocusedpath has completed the launch of its minimum viable product and aims to help youth and mentoring programs track children’s educational results.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$47,786 |
$600 |
|
COGS |
$0 |
$0 |
|
Tax |
$7,974 |
$100 |
| ||
| ||
|
Net Income |
$20,413 |
$-21 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$25,279 |
$0 |
|
Accounts Receivable |
$3,187 |
$100 |
|
Total Assets |
$28,466 |
$100 |
|
Short-Term Debt |
$8,074 |
$121 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$8,074 |
$121 |
Financials as of: 01/03/2021
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