KulaCrate

Neutral
BETA

KulaCrate helps simplify the funding, purchasing and distribution of classroom supplies for teachers. Through our social crowdfunding platform, we help connect teachers to the supplies and resources they need.

Analytics

Raised to Date: $12,479

Aggregate Commitments $
Platform

Netcapital

Start Date

02/14/2020

Close Date

09/29/2020

Min. Goal

$10,001

Max. Goal

$106,875

Min. Investment

$99

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Pre-Money Valuation

$2,800,000

Weekly Commitments $
Status
Funded
Reporting Date

09/30/2020

Days Remaining
Funded
% of Min. Goal

125%

% of Max. Goal

12%

Likelihood of Max
Funded
Avg. Daily Raise

$55

Momentum
Funded
Location
Industry

Education, Training, & Coaching

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Business Type

Life Style

KulaCrate, with a post-money valuation of $2.79 million, is raising funds on NetCapital. The social crowdfunding platform of KulaCrate connects teachers with the classroom resources they need and makes it easier for them to fund, purchase, and distribute the resources. KulaCrate was founded by Vaughan Dugan, Shawn Rudnick, and Everett Eaton. The current round of crowdfunding has a minimum goal of $10,000 and a maximum goal of $107,000, and the funds will be used towards marketing, school supplies, and operating expenses. KulaCrate has a live website that the teachers access and create their supply list on. The parents, friends, and family can also access the page the donate funds for the required supplies.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$110

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-109,081

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$837

$0

Accounts Receivable

$0

$0

Total Assets

$9,994

$0

Short-Term Debt

$107,222

$0

Long-Term Debt

$0

$0

Total Liabilities

$107,222

$0

Ratings

last updated 10/11/2020

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