Athyna

Athyna

Growth 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: $159,786

Total Commitments ($USD)

Platform

Wefunder

Start Date

06/02/2024

Close Date

09/30/2024

Min. Goal
$50,000
Max. Goal
$618,000
Min. Investment

$100

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$20,000,000

Discount

0%

Year Founded

2019

Industry

Business Services, Software, & Applications

Tech Sector

EnterpriseTech

Location

San Diego, California

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. Athyna is the one-stop shop for hiring talent, payroll, benefits, taxes, and sustainability of global teams. The platform gives users the ability to onboard and manage their contractors, hire full-time employees, and manage the performance of the employees. The company is profitable and has grown from $50,000 ARR to $6 million in four years. Bill Kerr founded Athyna in November 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $618,000. The campaign proceeds will be used for sales and marketing, product development and operations, recruitment, and customer experience.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$5,501,479

$3,111,218

COGS

$3,427,055

$1,941,080

Tax

$0

$0

 

 

Net Income

$-187,365

$-497,748

Summary Balance Sheet

FY 2023 FY 2022

Cash

$308,238

$115,755

Accounts Receivable

$162,854

$8,330

Total Assets

$558,985

$158,718

Short-Term Debt

$759,253

$957,480

Long-Term Debt

$934,574

$148,715

Total Liabilities

$1,693,827

$1,106,195

Financials as of: 06/02/2024
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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 $159,786 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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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.

Valuation History

Price per Share History

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

Employee History

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Athyna on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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