Homeroom

Homeroom

Early Stage

Personalized, short-form e-learning for moving up at work

Personalized, short-form e-learning for moving up at work

Overview

Raised to Date: Raised: $17,500

Total Commitments ($USD)

Platform

Wefunder

Start Date

02/08/2021

Close Date

04/30/2021

Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$2,142,900

Valuation Cap

$3,000,000

Discount

15%

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

05/01/2021

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$219

# of Investors

20

Momentum
Not Funded
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Year Founded

2017

Industry

Education, Training, & Coaching

Tech Sector

EdTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Brooklyn, New York

Business Type

Growth

Homeroom, with a valuation cap of $3.5 million, is raising funds on Wefunder. The company has developed a mobile application that personalizes promotion-focused learning. It allows workers to get better at their jobs by learning from personalized reads created using machine learning algorithms. Erik Spangenberg founded Homeroom in 2017. The proceeds of the current crowdfunding campaign, with a minimum target of $50,000 and a maximum target of $250,000, will be used for software development, marketing, and operations. Homeroom has been in making for two years and received over 1,000 invite requests from people at companies like LinkedIn and Google.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$117

COGS

$34,002

$22,049

Tax

$800

$800

 

 

Net Income

$-46,695

$-28,916

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$458

$337

Accounts Receivable

$0

$0

Total Assets

$458

$337

Short-Term Debt

$74,768

$29,952

Long-Term Debt

$0

$0

Total Liabilities

$74,768

$29,952

Financials as of: 02/08/2021
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Homeroom on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $3,000,000

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