ChildWise
EDUCATIONAL SERVICES
Overview
Raised: $50,750
Total Commitments ($USD)
Platform
SMBX
Start Date
01/20/2021
Close Date
03/16/2021
Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Rolling Commitments ($USD)
Status
Funded
Reporting Date
03/30/2021
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$940
Momentum
Funded
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Year Founded
2017
Industry
Education, Training, & Coaching
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
ChildWise, an early childhood education company, is raising funds on SMBX. The company has developed high-quality early childhood education programs for teachers, parents, and caretakers, and provides training and consulting solutions. The bilingual childhood training program of ChildWise is one of the top ones among early childhood education practices. Jing Zhao Cesarone founded ChildWise in 2017. The current crowdfunding campaign has a minimum goal of $50,000 and a maximum goal of $100,000, and the funds will be used for content marketing, customer service, and teaching assistant hires. ChildWise has provided CDA training to hundreds of early childhood educators and is seeking explosive growth.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$96,000 |
$30,980 |
|
COGS |
$66,675 |
$1,938 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-25,642 |
$-6,036 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$8,305 |
$5,176 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$23,799 |
$24,476 |
|
Short-Term Debt |
$70,629 |
$7,064 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$70,629 |
$7,064 |
Financials as of: 01/20/2021
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