CodeCombat on SeedInvest

Learn to code by playing a game

Raise to date: $165,956

Reporting Date: 07/08/2020

Key Stats

Minimum Raise

$25,000

Maximum Raise

$1,000,000

Likelihood of Max Likely
Start Date

06/29/2020

Stop Date

08/21/2020

Days Remaining

42

Security Type

Preferred Stock

Investment Minimum

$500

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

Not Known

% of Minimum Raised

664%

% of Maximum Raised

17%

Dollars Per Day to Reach Max

$19,858

DPD* Committed

$18,440

DPD* Category

$0

DPD* All Companies

$2,279

Kingscrowd Momentum

$165,956

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

CodeCombat, with a pre-money valuation of $25 million, is raising funds on SeedInvest. The company teaches kids coding through engaging online games. The games solve the curriculum challenges of schools during COVID-19 by helping teachers teach computer science effectively and scalably. CodeCombat was founded by Nick Winter and Matt Lott in 2013 and has raised over $9.5 million in previous rounds of financing. The current round of crowdfunding has a minimum target of $25,000 and a maximum target of $1,000,000, and the proceeds will be used for research and development, sales and marketing, and general and administration expenses. CodeCombat is used in over 25,000 schools in the US and generated $2 million in revenue in 2019. The company reported a 75% growth in B2C business in two months due to COVID-19.

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