illumnus
Chat-based learning experience platform for K12 educational institutes
Analytics
Raised to Date: $16,082
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%
Rolling Commitments $
Status
Active
Reporting Date
06/09/2021
Days Remaining
41
% of Min. Goal
64%
% of Max. Goal
15%
Likelihood of Max
Avg. Daily Raise
$150
# of Investors
48
Momentum
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Location
Dover, Delaware
Industry
Education, Training, & Coaching
Tech Sector
EdTech
Distribution Model
B2B
Margin
High
Capital Intensity
Low
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.
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