Athyna
Early Stage
The Global Employment Platform to Hire Manage & Retain World-Class Global Talent
Analytics
Raised: $328,290
Aggregate Commitments $
Platform
Wefunder
Start Date
07/28/2022
Close Date
04/30/2023
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Funding Type
RegCF
Series
Seed
Valuation Cap
$20,000,000
Discount Rate
0%
Rolling Commitments $
Status
Active
Reporting Date
08/14/2022
Days Remaining
259
% of Min. Goal
657%
% of Max. Goal
31%
Likelihood of Max
Avg. Daily Raise
$19,311
Momentum
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Location
San Diego, California
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B
Margin
Low
Capital Intensity
Low
Athyna, with a valuation of $20 million, is raising funds on Wefunder. The company has developed a global employment platform to hire, manage, and retain global talent. The platform is the one-stop shop for hiring talent, payroll, benefits, taxes, and sustainability of global teams. Athyna gives the users the ability to onboard and manage their contractors, hire full-time employees, and manage the performance of the employees. The company is bootstrapped to $2.9 million ARR and has reported a 17% month-over-month revenue growth for two years. Bill Kerr founded Athyna in November 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1,070,000. The campaign proceeds will be used for sales and marketing, product and engineering, recruitment, and operations.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$927,435 |
$223,541 |
|
COGS |
$605,372 |
$118,350 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-480,226 |
$30,497 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$183,188 |
$38,349 |
|
Accounts Receivable |
$29,391 |
$264 |
|
Total Assets |
$233,244 |
$38,613 |
|
Short-Term Debt |
$682,973 |
$8,116 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$682,973 |
$8,116 |
Financials as of: 07/28/2022
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Analyst Report
Pending Review