Charlala

Charlala

Closed: Jan. 2021

About this raise: Charlala, with a $1.5 million valuation cap, is raising crowdfunding on Wefunder. It is an EdTech platform that teaches world languages. The platform has over 6,000 teachers in 26 countries and is growing organically to focus on real pain points of language education. Christopher Hammer founded Charlala in 2019 and has raised over $40,000 since its founding. The current crowdfunding campaign has a minimum goal of $100,000 and a maximum goal of $250,000, and the funds will be used for content development, design and development, marketing, and legal consultation. Charlala has won the World Language Design Challenge of 2019, hosted by Houghton Mifflin Harcourt & LearnLaunch.

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Investment Overview

Not Funded: $63,437

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
09/01/2020
Close Date
01/31/2021
Min. Goal
$100,000
Max. Goal
$250,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$1,500,000

Discount

25%

Company & Team

Company

Year Founded
2019
Industry
Education, Training, & Coaching
Tech Sector
EdTech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
Low
Location
Elmhurst, Illinois
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Founder Name
Christopher Hammer
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$421
 Runway
0 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-5,051

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/31/2021 Wefunder $1,500,000 $63,437 SAFE Not Funded RegCF
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Charlala on Wefunder
Platform: Wefunder
Security Type: SAFE
Valuation: $1,500,000

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Warning: according to the close date for this deal, Charlala may no longer be accepting investments.

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