Charlala

Neutral
BETA

World Language EdTech Platform

Analytics

Raised to Date: $61,559

Aggregate Commitments $
Platform

Wefunder

Start Date

09/01/2020

Close Date

01/01/2021

Min. Goal

$100,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$1,500,000

Discount Rate

25%

Weekly Commitments $
Status

Active

Reporting Date

11/25/2020

Days Remaining

33

% of Min. Goal

62%

% of Max. Goal

25%

Likelihood of Max
Avg. Daily Raise

$724

Momentum
Location

Elmhurst, IL

Industry

Education, Training, & Coaching

Tech Sector

EdTech

Distribution Model

B2B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Charlala, with a $1.5 million valuation cap, is raising crowdfunding on Wefunder. It is an EdTech platform that teaches world languages. The platform has over 6,000 teachers in 26 countries and is growing organically to focus on real pain points of language education. Christopher Hammer founded Charlala in 2019 and has raised over $40,000 since its founding. The current crowdfunding campaign has a minimum goal of $100,000 and a maximum goal of $250,000, and the funds will be used for content development, design and development, marketing, and legal consultation. Charlala has won the World Language Design Challenge of 2019, hosted by Houghton Mifflin Harcourt & LearnLaunch.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-5,051

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Ratings

last updated 11/29/2020

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