Akiva

Akiva

Open  for investment

About this raise: Akiva, with a valuation of $8.9 million, is raising funds on Wefunder. It is an immersive and fun virtual reality learning experience for children with special needs. Akiva is an AI-powered learning software for kids with special needs that was built by parents of kids with autism. The app has nearly 300 learning modules of varying levels and use cases, more than 1,000 active users, and over $100,000 in revenue to date. Bill Macdonald and Alexander Landa founded Akiva in November 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for marketing, development and buildout of the B2C platform, and buildout and development of app store integrations.

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Investment Overview

Committed this round: $2,540

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
12/09/2024
Close Date
04/07/2025
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.28

Early Bird Valuation

$6,678,390

Pre-Money Valuation

$8,904,520

Company & Team

Company

Year Founded
2019
Industry
Education, Training, & Coaching
Tech Sector
EdTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Santa Monica, California
Business Type
High Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Alexander Landa
Founder Name
Bill Macdonald
Title
President

Financials

as of November 1, 2024
 Revenue
$9,806
 Monthly Burn
$2,000
 Runway
2.5 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$9,806

$29,955

COGS

$318,750

$248,173

Tax

$0

$0

 

 

Net Income

$-443,722

$-379,893

Summary Balance Sheet

FY 2023 FY 2022

Cash

$45,572

$37,306

Accounts Receivable

$0

$0

Total Assets

$294,238

$580,125

Short-Term Debt

$371,157

$413,331

Long-Term Debt

$0

$15,226

Total Liabilities

$371,157

$428,557

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$1,628,335
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/07/2025 Wefunder $8,904,520 $2,540 Equity - Common Active RegCF
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Add to portfolio
Akiva on Wefunder 2024
Platform: Wefunder
Security Type: Equity - Common
Valuation: $8,904,520
Price per Share: $0.28

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