CocoCoders
Early Stage
Coding for Kids
Overview
Raised: $57,998
Total Commitments ($USD)
Platform
Wefunder
Start Date
01/21/2024
Close Date
04/29/2024
Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
Uncapped
Discount
20%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/04/2024
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$592
# of Investors
38
Momentum
Funded
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Year Founded
2023
Industry
Education, Training, & Coaching
Tech Sector
EdTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
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.
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 |
Financials as of: 01/21/2024
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