Athyna

Athyna

Early Stage

The Global Employment Platform to Hire Manage & Retain World-Class Global Talent

The Global Employment Platform to Hire Manage & Retain World-Class Global Talent

Overview

Raised this Round: Raised: $374,273

Total Commitments ($USD)

Platform

Wefunder

Start Date

07/27/2022

Close Date

01/31/2023

Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$16,000,000

Valuation Cap

$20,000,000

Discount

0%

Year Founded

2019

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Distribution Model

B2B

Margin

Low

Capital Intensity

Low

Location

San Diego, California

Business Type

High Growth

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: 07/27/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Athyna 09/29/2024 Wefunder $20,000,000 $161,336 SAFE Active RegCF
Athyna 04/27/2023 Republic $16,000,000 $58,750 SAFE Funded RegCF
Athyna 01/30/2023 Wefunder $20,000,000 $374,273 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Athyna is riding remote hiring trends with a global employment platform that spans across borders. Its network largely tailors to American startups tapping into talent in Latin America and South America, where cost of living is lower but time zones are consistent with American companies.

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Add to portfolio
Athyna on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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Follow Athyna on Wefunder 2022

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