Digital Dream Labs (2021)

Digital Dream Labs (2021)

About this raise

Digital Dream Labs, with a valuation of $17.25 million, is raising funds independently through Reg D 506(b) crowdfunding. The platform of Digital Dream Labs makes STEM learning easy and interesting and introduces the topics to the kids in a fun way. The first product of Digital Dream Labs, Puzzlets, helps pre-readers to use toy puzzle pieces to control onscreen learning environments. The company reported dramatic growth despite the pandemic, and the year-over-year revenue quadrupled from 2019 to 2020. Jacob Hanchar founded Digital Dream Labs in July 2012. The current crowdfunding campaign has a minimum target of $40,000 and a maximum target of $1,000,000. The campaign proceeds will be used for growth and expansion.

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Investment Overview

Invested this round: $1,000,000

Deal Terms

Platform
Self Managed
Start Date
07/07/2021
Close Date
07/23/2021
Min. Goal
$40,000
Max Goal
$1,000,000
Min. Investment

$40,000

Security Type

Equity - Common

SEC Filing Type

RegD 506(b)    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$17,250,000

Company & Team

Company

Year Founded
2020
Industry
Education, Training, & Coaching
Tech Sector
EdTech
Location
Pittsburgh, Pennsylvania
Company Website
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Team

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
07/23/2021 Self Managed $17,250,000 $1,000,000 Equity - Common Funded RegD 506(b)
05/11/2021 Honeycomb - $49,050 Revenue Share Funded RegCF
01/16/2020 Republic $5,000,000 $1,011,209 SAFE Funded RegCF
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Growth Charts

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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Digital Dream Labs on Self Managed 2021
Platform: Self Managed
Security Type: Equity - Common
Valuation: $17,250,000
Price per Share: $2.00

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

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