CocoCoders

CocoCoders

Closed: Apr. 2024

About this raise

CocoCoders is raising funds on Wefunder. It is an ed-tech company that offers subscription-based coding lessons to children. CocoCoders functions as a Learning-as-a-Service and teaches kids aged 6-14 to code through online, teacher-led lessons. The platform has taught over 12,000 students with annual recurring revenue of over $500,000 and active subscriptions up 200% year-over-year. Elizabeth Tweedale founded CocoCoders in June 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for building out the B2C model, refinement of the GTM strategy, building out the partnership strategy, tech and AI development, and operations.

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Investment Overview

Invested this round: $57,998

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
01/22/2024
Close Date
04/29/2024
Min. Goal
$50,000
Max Goal
$1,235,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

Uncapped

Discount

20%

Company & Team

Company

Year Founded
2023
Industry
Education, Training, & Coaching
Tech Sector
EdTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
Incline Village, Nevada
Business Type
High Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
Yes
Founder Name
Elizabeth Tweedale
Title
CEO

Financials

 Revenue
$0
as of FY2022
 Cash on Hand
$193,487
as of FY2022

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

FY 2022 FY 2021

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

Total Prior Capital Raised
$741,902
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/29/2024 Wefunder - $57,998 SAFE Funded RegCF
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Add to portfolio
CocoCoders on Wefunder 2024
Platform: Wefunder
Security Type: SAFE

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Follow CocoCoders on Wefunder 2024

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

CocoCoders Deal Report

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