Healthy Hip Hop
Sesame street of the 21st century
Analytics
Raised to Date: $5,498
Aggregate Commitments $
Republic
02/22/2021
04/30/2021
$25,000
$1,070,000
$100
SAFE
RegCF
Pre-Seed
$8,000,000
10%
Weekly Commitments $
Active
03/03/2021
57
22%
1%
$611
31
Kansas City, Missouri
Education, Training, & Coaching
EdTech
B2B/B2C
High
Low
Healthy Hip Hop, with a $10 million valuation cap, is raising funds on Republic. The platform offers a safe social media experience for kids with the help of hip-hop culture, social interaction, and literacy. The company partners with schools and parents to offer its comprehensive childhood development program to kids. Roy Scott and Wes Smith founded Healthy Hip Hop in October 2019. The current round of crowdfunding has a minimum target of $25,000 and a maximum target of $1,070,000, and the funds will be used for onboarding 10,000 new users, including schools, parents, and companies, IT development, marketing, and team talent. Healthy Hip Hop has over 1,500 live events and over 5,000 active users. The company expects its revenue to reach $10.7 million by 2023.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$34,197 |
$50,941 |
|
COGS |
$9,261 |
$38,732 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-109,934 |
$-40,076 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$8,283 |
$130,526 |
|
Accounts Receivable |
$150 |
$0 |
|
Total Assets |
$8,433 |
$130,526 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Ratings
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