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
|
|
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 |
$165,956
Commitments
Weekly Commitments ($)
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.