afocusedpath

afocusedpath

Closed: Mar. 2021

About this raise

afocusedpath, with a $5 million valuation cap, is raising funds on Wefunder. It is a social media platform for family, parents, close friends, past teachers, and other supporters to stay involved in a child’s education. The platform creates an online educational village for children and allows everyone concerned to become a participant. Roderick DeBerry founded afocusedpath in 2018. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $250,000, will be used for social media marketing, hiring sales and marketing employees, and upgrading computer and office equipment. afocusedpath has completed the launch of its minimum viable product and aims to help youth and mentoring programs track children’s educational results.

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Investment Overview

Not Funded: $0

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
01/04/2021
Close Date
04/01/2021
Min. Goal
$50,000
Max Goal
$250,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,000,000

Discount

20%

Company & Team

Company

Year Founded
2018
Industry
Education, Training, & Coaching
Tech Sector
EdTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Location
Memphis, Tennessee
Business Type
Growth
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Roderick DeBerry
Title
President

Funding data not publicly available

Financials

 Revenue
$47,786
 Monthly Burn
Profitable
 Cash on Hand
$25,279

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$47,786

$600

COGS

$0

$0

Tax

$7,974

$100

 

 

Net Income

$20,413

$-21

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$25,279

$0

Accounts Receivable

$3,187

$100

Total Assets

$28,466

$100

Short-Term Debt

$8,074

$121

Long-Term Debt

$0

$0

Total Liabilities

$8,074

$121

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/01/2021 Wefunder $5,000,000 $0 SAFE Not Funded RegCF
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Add to portfolio
afocusedpath on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $5,000,000

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