illumnus

Neutral
BETA

Chat-based learning experience platform for K12 educational institutes

Analytics

Raised to Date: $1,900

Aggregate Commitments $
Platform

Republic

Start Date

02/22/2021

Close Date

07/23/2021

Min. Goal

$25,000

Max. Goal

$107,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$6,000,000

Discount Rate

0%

Weekly Commitments $
Status

Active

Reporting Date

02/24/2021

Days Remaining

148

% of Min. Goal

8%

% of Max. Goal

2%

Likelihood of Max
Avg. Daily Raise

$950

# of Investors

8

Momentum
Location

Pune, INDIA,

Industry

Education, Training, & Coaching

Tech Sector

EdTech

Distribution Model

B2B

Margin

High

Capital Intensity

Low

Business Type

Growth

illumnus, with a valuation cap of $6 million, is raising crowdfunding on Republic. It is a digital learning platform for K-12 educational institutes. The platform is chat-based and makes learning easier and seamless through collaborative learning. Akash Singhal, Akshaya Singhal, Gauri Dehankar, and Devashish Saxena founded illumnus in July 2018. The proceeds of the current crowdfunding raise, with a minimum target of $25,000 and a maximum target of $107,000, will be used to improve the product and expand to over 7,000 schools. illumnus already has clients in the United Kingdom, the United Arab Emirates, and India, with over 6,000 users onboarded in the first three months.

Ratings

last updated 02/25/2021

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